Ever Raises $31M for AI
San Francisco-based EV marketplace Ever secured $31 million in Series A funding led by Eclipse for its AI-native retail platform that makes sales teams 2-3x more productive. The startup is betting on a hybrid digital-physical model as the EV market cools, emphasizing that in-person car evaluation remains important for first-time EV buyers.
- This Series A funding brings Ever's total capital to approximately $100 million across both equity and debt facilities. - Other investors in the $31 million round included Ibex Investors, Lifeline Ventures, Maki VC, Joint Effects, and JIMCO, the investment arm of the Jameel family, which was an early investor in Rivian. - The company was founded in 2022 by CEO Lasse-Mathias Nyberg, CTO TJ Casner, and COO Maximilian Quertermous, who have previous experience at companies like Uber, Rivian, Tesla, and Shopify. - As part of the financing, Jiten Behl, a partner at Eclipse and a former executive at Rivian, has joined Ever's board of directors. - Ever's AI-driven platform is designed as a foundational "operating system" to automate and coordinate the entire car-selling process, from sourcing and pricing to merchandising and sales. - The startup is entering the auto retail market, which represents a $1.2 trillion segment of the U.S. economy. - While new EV sales in the U.S. saw a slight decrease in 2025 after federal incentives expired, the overall market is projected to grow significantly, reaching a value of hundreds of billions by 2030. - Ever already serves customers in over 40 states and operates a physical showroom in San Francisco.
