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Evernote
Note-taking and storage platform
- 501-1000 employees
- B2C
- Productivity
- SaaS
- Redwood City, CA
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Company mission
Evernote's mission is to help users regain control of their day through its note-taking and storage software.
8% employee growth in 12 months
Our take
Evernote is an online software app that helps users store notes and organize different types of information. Their primary product is free, but they also have premium paid subscription plans from $5.99 per month. Founded in 2004, Evernote was able to ride the first wave of smartphone adoption. They now boast more than 225 million active users.
Since its early success, Evernote has struggled to maintain traction in a competitive market. Other competitors with similar products have evolved, including Meister, Trello, Todoist, Google, and OneNote. Users complained that the product had picked up bugs and was no longer fit for purpose, preferring the sleeker UI that Evernote's competitors offered.
In 2020 the company began a comeback campaign and re-built its entire platform with a new codebase to achieve greater stability and faster bug fixing. In 2021 it then released version 10.10.5 of its mobile app and launched new productivity features, including Tasks, its task management offering, and Home, a one-stop daily dashboard. The initial reaction to these launches has been positive. Evernote hopes these new offerings will encourage user growth and allow the company to recover lost ground.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- $1000 vacation stipend
- Health insurance
- Flexible working
- Evernote academy
- Paid parental leave
- Access to Modern Health
- Employee Resource Group (ERG)
- $1200 wellness reimbursement
- Learning & development opportunities
Company values
- We are the notable herd
- We debate, decide, and commit
- We innovate through interaction
- We embody productivity
- We help our customers find their focus
Funding (last 2 of 8 rounds)
Nov 2014
$20m
SERIES E
May 2012
$70m
SERIES D
Total funding: $205m
This company has top investors
Leadership
Stepan Pachikov
(Founder)Having studied at Moscow State University, Stepan founded ParaGraph International in 1989, before working as Corporate VP of Silicon Graphics. He founded Evernote in August 2002 after serving as SVP and GM of Vadem.