Everestlabs.AI
EverestLabs builds RecycleOS, an AI-powered operating system combining 3D vision, edge AI, and small-form-factor robotics to automate sorting at Materials Recovery Facilities, recyclers, and packaging manufacturers, targeting higher material recovery rates and lower labor costs.
- Company typePrivate
- Founded2018
- HeadquartersFremont, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Everestlabs.AI does
EverestLabs Inc. (dba EverestLabs.AI) is a Fremont, California-based climate-tech company that develops RecycleOS, an AI-powered operating system for recycling plants. The platform combines a self-lit industrial 3D vision system, edge AI computing trained on a proprietary dataset of more than 5 billion recyclable objects across 60+ material classes, and small-form-factor robotic arms with custom end effectors to automate sorting tasks inside Materials Recovery Facilities (MRFs), reclaimers, and packaging manufacturer operations. A 24/7 Robot Operations Center (ROC) provides remote monitoring, predictive maintenance, and performance guarantees.
The company's primary customers are enterprise MRFs and recyclers (Alameda County Industries, Caglia Environmental, Universal Waste Systems, Balcones Recycling, Recology Pier 96, LRS, Republic Services, Pioneer, and Veolia), with a secondary segment in packaging manufacturers seeking EPR/ESG compliance and recycled content verification. EverestLabs sells RecycleOS primarily as performance-guaranteed robotic cells backed by multi-year contracts, supplemented by a RecycleOS Data SaaS layer for analytics, dashboards, and compliance reporting, and an innovative CMI-financed equipment leasing model that shares recovered UBC revenue with MRFs.
The business was founded in 2018 and has raised approximately $24.85M in venture funding across seed, Series Seed extensions, and a $16.1M Series A in September 2022 led by Translink Capital with participation from NEC Orchestrating Future Fund, Sierra Ventures, Benhamou Global Ventures, Morado Ventures, Xplorer Capital, and others. EverestLabs generates revenue through capital equipment sales, recurring software subscriptions, managed ROC services, and transaction-fee structures tied to material recovery outcomes, with payback periods of 3-4 months cited in customer outcomes and reported labor cost reductions of 30-60% and material recovery increases of 2-3x.
Everestlabs.AI firmographics
Firmographics- Name
- Everestlabs.AI
- Legal name
- EverestLabs Inc.
- Website
- https://everestlabs.ai
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- EverestLabs builds RecycleOS, an AI-powered operating system combining 3D vision, edge AI, and small-form-factor robotics to automate sorting at Materials Recovery Facilities, recyclers, and packaging manufacturers, targeting higher material recovery rates and lower labor costs.
- Ownership category
- akta.pro rank
Everestlabs.AI industry classification
Industry- Product category
- Industrial Recycling Robotics and AI Software
- NAICS
- Materials Recovery Facilities (562920)
- SIC
- Refuse Systems (4953)
- akta.pro primary industry
- Advanced/Optical Sorting & Quality Control Services (NIR, AI, Robotics) (BPALADAH)
Keywords
Where Everestlabs.AI is headquartered
LocationHeadquarters
- HQ city
- Fremont
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Everestlabs.AI business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain
Revenue model
- RecycleOS Robotics Systems: Sale of AI-powered robotic sorting cells with vision systems. Hardware includes industrial robotic arms, 3D vision systems, and edge computing units. One-time capital equipment sale with ongoing software support.
- RecycleOS Software & Data Platform: SaaS/cloud platform for analytics, monitoring, and reporting. Includes real-time data access, customizable dashboards, alerts, and ESG compliance reporting.
- Performance-Based Outcomes: Guaranteed robot uptime and performance through Robotic Operations Center. Value-based pricing implied by ROI guarantees and 3-4 month payback periods.
- Partnership Financing Model: Innovative financing model where partners like CMI fund equipment leases. Caglia shares 50% of revenue from recovered UBCs with CMI. Enables deployment without upfront capital for MRFs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Multi-year contract | Performance-guaranteed robotics and AI solution |
| Subscription | Annual | Site Survey and Assessment |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Everestlabs.AI product offering
Product offeringCore offering
EverestLabs develops RecycleOS, an enterprise AI-driven operating system for recycling facilities that combines 3D vision, edge AI, robotic sorting arms, and a cloud analytics platform to identify, classify and pick 60+ categories of recyclable materials on conveyor belts. The integrated system is delivered with a 24/7 Robot Operations Center (ROC) for remote monitoring, predictive maintenance, and performance-guaranteed uptime, and is sold primarily to Materials Recovery Facilities (MRFs), recyclers, and packaging manufacturers.
Product overview
EverestLabs offers RecycleOS, the world's first AI-driven operating system for recycling plants. The unified platform consists of three integrated modules: RecycleOS AI (3D vision and edge computing for material identification), RecycleOS Robotics (robotic arms with custom end effectors for automated sorting), and RecycleOS Data (cloud analytics platform for operational insights). The company also provides a Robot Operations Center (ROC) for 24/7 remote monitoring. The solution targets Material Recovery Facilities (MRFs), recyclers, and packaging manufacturers, with capabilities spanning material characterization, quality control, residue recovery, and compliance reporting.
Differentiator
Problem solved
Functional benefit
Brands
- RecycleOS: AI-powered operating system for recycling plants combining AI, data analytics, and robotics to automate Material Recovery Facilities (MRFs)
Products and services
- RecycleOS Enterprise AI-driven operating system for recycling plants that combines 3D vision, edge AI computing, small form factor robotic arms, and a cloud data platform to identify, classify, and sort 60+ categories of recyclable materials on conveyor belts. Sold to MRFs, recyclers, and packaging manufacturers under performance-guaranteed multi-year contracts.
- Robot Operations Center (ROC) Managed monitoring and uptime service for deployed RecycleOS robotic cells, providing 24/7 global surveillance, remote troubleshooting, predictive maintenance, and guaranteed performance for recycling operators.
Quantifiable outcome
- Material recovery increases 2-3x compared to manual sorting
- +6 more outcomes
Companies that use Everestlabs.AI
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
Everestlabs.AI technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature6 records
Everestlabs.AI partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered strategic, core and flagship.
- InnodiskstrategicStrategic collaboration to deliver scalable, real-time AI vision solution engineered for demanding conditions of industrial recycling environments. Innodisk provides AI solution expertise for the partnership.
- RealSensestrategicPartnership with Innodisk and EverestLabs to enable real-time AI sorting for industrial recycling. RealSense provides vision technology expertise.
- VeoliacoreFirst international deployment of EverestLabs AI and robotics at Veolia's MRF in Perth, Australia. Represents strategic expansion into global markets.
- Can Manufacturers Institute (CMI)flagshipCMI funds EverestLabs robots at MRFs through innovative financing model. CMI secured funding from Ardagh Metal Packaging and Crown Holdings to finance equipment leases. MRFs share 50% of revenue from recovered UBCs with CMI. Partnership aims to recover 1 million+ aluminum beverage cans annually from landfill.
- FANUCcoreEverestLabs uses FANUC industrial robotic arms in their recycling robots. FANUC is a leading industrial robot manufacturer.
Scale indicators18 records
Recent moves7 records
Expansion highlights6 records
Everestlabs.AI competitors and assessment
Company assessmentDirect peers
- AMP Robotics: Direct competitor providing AI-guided robotic sorting systems for material recovery facilities using computer vision to identify and pick recyclables from conveyor belts. Highly comparable product offering, customer base (MRFs), and revenue model (hardware + software).
- Zenrobotics: Finland-based developer of AI-powered robotic waste sorting systems (ZenBrain/ZenRobotics Recycler) deployed at MRFs and waste-sorting plants. Comparable AI-vision + robotics architecture serving the same recycling facility buyer.
- Waste Robotics: Canadian provider of robotic sorting systems for recycling facilities using AI and vision to automate material identification and sorting. Direct competitor in the same product category.
Broad incumbents
- TOMRA: Norwegian global leader in sensor-based sorting and reverse vending for recycling and food industries. Offers optical sorters and AI-driven sorting at MRFs; much broader portfolio and scale than EverestLabs but directly competitive in recycling sorting.
- Machinex: Quebec-based MRF equipment manufacturer supplying sorting technologies, optical sorters, and full facility design to recyclers. Overlaps in sorting equipment for MRFs but at a much broader systems-integration level.
- Bulk Handling Systems (BHS): US-based manufacturer of sorting and processing equipment for recycling and waste industries, including optical sorters and robotic systems. Broad incumbent with deep MRF customer relationships comparable to EverestLabs' enterprise accounts.
- Steinert: German manufacturer of sensor-based sorting and magnetic separation equipment for the recycling industry. Provides AI-assisted sorting solutions to MRFs and recyclers - directly overlapping with EverestLabs' core offering at a larger scale.
- Pellenc ST: French supplier of optical sorting equipment for waste and recycling applications using NIR and AI-based sensors. Competes directly in MRF sorting lines and material characterization.
Emerging players
- Greyparrot: UK-based AI waste analytics company providing computer vision systems that monitor and characterize waste streams in real time. Overlaps with EverestLabs' RecycleOS Data/AI vision layer; weaker on robotic actuation.
- Sadako Technologies: Spanish AI vision company applying deep learning to waste sorting robots in MRFs. Direct overlap in AI-based material identification and robotic sorting with a narrower deployment footprint than EverestLabs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Everestlabs.AI financial estimates
Financial estimateRevenue estimate
Valuation estimate
Everestlabs.AI leadership team
Management profileNumber of profiles
Profiles6 records
Everestlabs.AI funding detail
Funding detailFunding overview
Funding rounds5 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Everestlabs.AI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Everestlabs.AI
What does Everestlabs.AI do?
EverestLabs develops RecycleOS, an enterprise AI-driven operating system for recycling facilities that combines 3D vision, edge AI, robotic sorting arms, and a cloud analytics platform to identify, classify and pick 60+ categories of recyclable materials on conveyor belts. The integrated system is delivered with a 24/7 Robot Operations Center (ROC) for remote monitoring, predictive maintenance, and performance-guaranteed uptime, and is sold primarily to Materials Recovery Facilities (MRFs), recyclers, and packaging manufacturers.
Is Everestlabs.AI a public or private company?
Everestlabs.AI is a private company. It is classified as venture growth investor backed and is currently operating.
When was Everestlabs.AI founded?
Everestlabs.AI was founded in 2018. It employs 11 to 50 people.
Where is Everestlabs.AI based?
Everestlabs.AI is headquartered in Fremont, United States, in the North America region.
How does Everestlabs.AI make money?
Four revenue lines are on record. RecycleOS Robotics Systems are the primary driver. The others are recycleOS Software & Data Platform, performance-Based Outcomes and partnership Financing Model.
Who are Everestlabs.AI's main competitors?
Direct peers on record are AMP Robotics, Zenrobotics and Waste Robotics. Broad incumbents are TOMRA, Machinex, Bulk Handling Systems (BHS), Steinert and Pellenc ST. Emerging players are Greyparrot and Sadako Technologies.
Does Everestlabs.AI have an API?
No public API is recorded for Everestlabs.AI.
What industry is Everestlabs.AI in?
Everestlabs.AI's product category is Industrial Recycling Robotics and AI Software. Its primary akta.pro industry code is BPALADAH, Advanced/Optical Sorting & Quality Control Services (NIR, AI, Robotics). Its NAICS code is 562920 and its SIC code is 4953.