About Evernote
Evernote is a suite of software and services that allow users to capture, organize, and find information across multiple platforms.
Headquarters
Evernote, Redwood City
Founded
2000-02-29
Industry
Information Services, Information Technology, Mobile, SaaS, Software
Last Funding Type
Series E
Valuation
11
Total Funding
$290.00 million dollars
IPO Status
Private
Financial
Evernote may be growing as it is implementing strategies to convert more free users to paid plans by introducing new limitations on the free tier. The company has recently limited free users to a single notebook with a maximum of 50 notes, which could potentially increase the conversion rate to paid subscriptions. This change, initially tested and then rolled out to all free users, indicates a focus on monetization and could positively impact revenue if more users opt for paid plans due to the new restrictions.
Evernote is focusing on enhancing document interaction and data management. Their R&D includes fast identification of images in documents, automatic protection of partial document content, and contextual identification of information feeds during content entry. They are also developing methods for restoring full online documents from scanned fragments and extracting structured data from handwritten and audio notes. Additionally, Evernote is working on automatic generation of preferred views for personal content collections, shared user-driven clipping of web pages, and relationship-based search to improve user experience. Each area of R&D aims to streamline information organization and retrieval across platforms.
Evernote, recognized for its note-taking capabilities, faces mixed reviews. While some users remain loyal, citing its efficiency in organizing ideas across devices, others seek alternatives due to dissatisfaction. The market for note-taking apps is competitive, with many free options available.
Evernote is focusing on enhancing document interaction and data management. Their R&D includes fast identification of images in documents, automatic protection of partial document content, and contextual identification of information feeds during content entry. They are also developing methods for restoring full online documents from scanned fragments and extracting structured data from handwritten and audio notes. Additionally, Evernote is working on automatic generation of preferred views for personal content collections, shared user-driven clipping of web pages, and relationship-based search to improve user experience. Each area of R&D aims to streamline information organization and retrieval across platforms.
Evernote, recognized for its note-taking capabilities, faces mixed reviews. While some users remain loyal, citing its efficiency in organizing ideas across devices, others seek alternatives due to dissatisfaction. The market for note-taking apps is competitive, with many free options available.
Funding Rounds
12
Number of Lead Investors
8
Total Funding Amount
$290.00 million dollars
Number of Investors
24