Everlyn
Everlyn is a 2024-founded startup building an open-source AI video generation model, positioned as a Web3/decentralized infrastructure layer for autonomous video, with a production partnership on Perceptron's distributed compute network.
- Company typePrivate
- Founded2024
- Headquarters—
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Everlyn does
Everlyn is a 2024-founded, venture-backed startup developing an open-source AI video generation model, branded as the "Everlyn AI Video Model." The company positions the product within a Web3/decentralized infrastructure framework, claiming to deliver AI-generated video through a distributed protocol. Core technology is a generative video model, with a multimodal capability footprint that combines multiple modalities to produce video output. The only disclosed commercial counterpart is Perceptron, a decentralized AI infrastructure network with approximately 700,000 user-run nodes across 150 countries processing roughly 10 TB of data daily; Everlyn holds one of three production-contract positions on Perceptron's marketplace as the AI video model partner. The company has not disclosed pricing, revenue, customer logos, office locations, or a management team in available sources.
The business model is not clearly articulated in public materials. No pricing model, revenue mechanism, or formal go-to-market motion has been disclosed. Customer segmentation is described horizontally around the use case of "AI video generation users," without vertical specialization. Funding to date consists of a single $15 million round closed on 2025-08-31, led by Mysten Labs with participation from Aethir, Baseline Emirates, MH Ventures, Nesa Capital, io.net, and Selini Capital — a cap table dominated by Web3-native investors. Source reporting flags skepticism about the Web3/decentralized layer, characterizing it as narrative rather than technically substantiated, while acknowledging the AI video component has some basis. The company operates with 1-10 employees as of the latest available data.
Everlyn firmographics
Firmographics- Name
- Everlyn
- Website
- https://everlyn.ai
- Company type
- Private
- Founded year
- 2024
- Headcount range
- 1–10 employees
- Short description
- Everlyn is a 2024-founded startup building an open-source AI video generation model, positioned as a Web3/decentralized infrastructure layer for autonomous video, with a production partnership on Perceptron's distributed compute network.
- Ownership category
- akta.pro rank
Everlyn industry classification
Industry- Product category
- AI Video Generation
- NAICS
- Software Publishers (5132), Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Open-Source Model Ecosystems & Model Marketplaces (HDAAACAM)
Keywords
Everlyn business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Everlyn product offering
Product offeringCore offering
Everlyn develops and provides an open-source AI video generation model. The company claims to build a decentralized Web3 protocol layer intended to serve as infrastructure for autonomous video. The model is supplied as a production-grade AI video solution to decentralized AI infrastructure partners such as Perceptron.
Product overview
Everlyn offers an AI video generation model as its primary product offering. The company positions itself as developing open-source AI technology for video generation. Perceptron has established a production contract with Everlyn as a marketplace partner for its AI video model.
Differentiator
Problem solved
Functional benefit
Products and services
- Everlyn AI Video Model
Companies that use Everlyn
Customer profileSegments1 record
Ideal customer profiles2 records
Everlyn technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature1 record
Everlyn partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- PerceptroncorePerceptron, a decentralized AI infrastructure network with 700,000 user-run nodes across 150 countries, has secured Everlyn as one of its three production contract partners. Everlyn serves as the AI video model partner for Perceptron's infrastructure network, which processes approximately 10 TB of data daily through residential endpoints.
Recent moves5 records
Expansion highlights5 records
Everlyn competitors and assessment
Company assessmentOthers
- Akash Network: Decentralized cloud computing marketplace for GPU workloads. Comparable as an alternative decentralized compute substrate that competes with Everlyn's Perceptron partnership for AI inference workloads.
- Aethir: Decentralized GPU cloud for AI and gaming inference, also an Everlyn investor. Provides the alternative decentralized compute substrate that Everlyn's video inference could in principle run on.
- Mysten Labs: Developer of the Sui blockchain and lead investor in Everlyn's $15M round. Relevant as the strategic anchor of Everlyn's cap table and a likely integration partner for any on-chain settlement or token-incentive layer Everlyn builds.
- io.net: Decentralized GPU compute network for AI workloads and an Everlyn investor. Comparable because it supplies the same distributed-compute narrative that underpins Everlyn's decentralized video infrastructure claim.
Direct peers
- Luma AI: Develops Dream Machine and other generative video models with an emphasis on photorealistic outputs. Comparable to Everlyn in modality focus and target use cases (creative video generation).
- Runway: Leading closed-source AI video generation platform offering Gen-2/Gen-3 models for text-to-video and video-to-video workflows. Direct competitor to Everlyn's core AI video model, with significantly more capital, talent, and enterprise customers.
- Pika Labs: AI video generation platform with proprietary foundation video models serving creators and enterprises. Competes head-to-head with Everlyn in the generative video category, with a more mature product surface.
Regional players
- Render Network: Decentralized GPU rendering network primarily serving 3D and visual effects workloads. Comparable as decentralized compute-for-media infrastructure, though its primary focus is rendering rather than AI video generation.
Broad incumbents
- Stability AI: Open-source foundation model publisher (Stable Diffusion, Stable Video) with a much larger model catalog and community. Directly comparable to Everlyn on the 'open-source generative media model' axis, with broader modality coverage and significantly more resources.
Emerging players
- Hedra: Emerging AI video generation startup focused on character-driven and talking-head video synthesis. Comparable as a younger AI video generation entrant in a similar fundraising and product-maturity bracket to Everlyn.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights4 records
Customer concentration
Everlyn social profiles
Digital presenceEverlyn financial estimates
Financial estimateRevenue estimate
Valuation estimate
Everlyn leadership team
Management profileNumber of profiles
Everlyn funding detail
Funding detailFunding overview
Funding rounds1 record
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Everlyn 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 Everlyn
What does Everlyn do?
Everlyn develops and provides an open-source AI video generation model. The company claims to build a decentralized Web3 protocol layer intended to serve as infrastructure for autonomous video. The model is supplied as a production-grade AI video solution to decentralized AI infrastructure partners such as Perceptron.
When was Everlyn founded?
Everlyn was founded in 2024. It employs 1 to 10 people.
Who are Everlyn's main competitors?
Others on record are Akash Network, Aethir, Mysten Labs and io.net. Direct peers are Luma AI, Runway and Pika Labs. Render Network is listed as a regional player. Stability AI is listed as a broad incumbent. Hedra is listed as an emerging player.
Does Everlyn have an API?
No public API is recorded for Everlyn.
What industry is Everlyn in?
Everlyn's product category is AI Video Generation. Its primary akta.pro industry code is HDAAACAM, Open-Source Model Ecosystems & Model Marketplaces. Its NAICS code is 5132 and its SIC code is 7372.