EverPresent Secures $800K in New Investment

NEWTON, Mass., May 3, 2016 /PRNewswire/ -- EverPresent, the company that thousands trust to digitize and organize millions of their most precious photos, videos and memories, today announced $800,000 in angel-led investment to support the company's continued growth both online and in key retail markets. The new round of funding brings EverPresent's total fundraising to $2 million since the company's founding in 2012.

EverPresent recently launched its new personal Digital Organizing Service, which features dedicated organizers who consolidate unwieldy photo collections and provide ongoing organizing, editing and design services. Today online purchases of EverPresent services by families across the US represent the company's fastest growing channel, and the company has experienced tremendous growth across the board, first through its brick-and-mortar digitizing service in the Boston area and then in six additional retail locations throughout New England. New store openings in the Portland, ME and Albany, NY markets are coming this summer, with a half-dozen more planned for later in 2016. In this way, the company has carved out a unique position in the "memories market," a fragmented industry of DIY photo gift sites, online genealogy resources and other niche providers which lacks a dominant, full-service player.

With new funding from investors including Boston-based venture capitalist Chris Gabrieli, former Reebok CEO Frank O'Connell, former  Facebook executive Chris Kelly, and former Los Angeles Dodgers CEO Jamie McCourt, EverPresent is even more strongly positioned for leadership in the fragmented memories market. Americans take more than one trillion new photos every year, storing them haphazardly on multiple devices, and more than one trillion photos and videos are still in analog form, stored in ways that are vulnerable to damage and loss.

"Until EverPresent, there was no single company helping people tackle the dual challenge of digitizing and organizing their memory collections," notes venture capitalist and EverPresent investor Chris Gabrieli. "Having seen first hand how important EverPresent's services are in helping clients organize their memory collections, create cherished keepsakes, and manage the growing problem of digital clutter, I am pleased to make this investment in EverPresent's future."

Gabrieli, like a third of the investors behind EverPresent's new funding, also invested in EverPresent's previous round. All other investments came from current EverPresent clients, or friends of clients, rather than institutions or angels.

"Since the beginning, we have built a business based on trust—our clients give us access to their most treasured memories, and we deliver the very highest quality of service to ensure that trust is never broken," said EverPresent CEO and Co-Founder Eric Niloff. "With this new round of investment, we can continue to build on that trust, growing our business to offer even more services, delivered by caring and competent professionals, both in stores and online."

To learn more about EverPresent and its service offerings, visit EverPresent.com. 

About EverPresent:
Headquartered outside of Boston, Massachusetts, EverPresent was founded in 2012 with the goal of becoming "the memories company" for families.  EverPresent's team of over 40 photo organizers, scanning and video transfer technicians, book designers and video editors is trusted across America to digitize irreplaceable old media, organize unwieldy digital photo and video collections, and convert these cherished memories into custom books and videos. EverPresent's mission is to make photos and videos EverPresent in people's lives and a source of pure joy. Its belief is that these important projects bring families closer together. Visit us online at EverPresent.com.

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SOURCE EverPresent