
EverestLabs is an AI-powered company focused on transforming the recycling industry. Their flagship product, RecycleOS, is an enterprise AI and robotics platform designed to increase revenue, lower labor costs, and boost recycled content for Material Recovery Facilities (MRFs), recyclers, and packaging manufacturers. By automating sorting processes with advanced vision technology, AI, and robotics, EverestLabs helps facilities precisely identify and segregate recyclable materials, preventing them from reaching landfills. Their solutions improve plant performance, optimize equipment, enable bale tracing, ensure compliance, and allow for last-chance recovery and quality control. The company has demonstrated success, with one MRF identifying $2M in annual losses and recovering $400k in net new revenue, and Alameda County Industries saving 60% on labor costs. EverestLabs is recognized for its innovation in sustainability and climate tech, receiving accolades from Fast Company and Edison Awards.

EverestLabs is an AI-powered company focused on transforming the recycling industry. Their flagship product, RecycleOS, is an enterprise AI and robotics platform designed to increase revenue, lower labor costs, and boost recycled content for Material Recovery Facilities (MRFs), recyclers, and packaging manufacturers. By automating sorting processes with advanced vision technology, AI, and robotics, EverestLabs helps facilities precisely identify and segregate recyclable materials, preventing them from reaching landfills. Their solutions improve plant performance, optimize equipment, enable bale tracing, ensure compliance, and allow for last-chance recovery and quality control. The company has demonstrated success, with one MRF identifying $2M in annual losses and recovering $400k in net new revenue, and Alameda County Industries saving 60% on labor costs. EverestLabs is recognized for its innovation in sustainability and climate tech, receiving accolades from Fast Company and Edison Awards.
What they do: AI, computer-vision and robotics platform (RecycleOS) to sort and recover recyclables for MRFs and recyclers
Founded: 2018
Headquarters: Fremont, California, United States
Recent funding: Series A $16.1M (Sep 28, 2022); total funding reported ≈ $21.35M
Founders / Leadership: Jagadeesh (JD) Ambati (founder); company legal name NYPIT, Inc.
Recycling and waste-sorting operations; material recovery facilities (MRFs)
2018
DeepTech
16,100,000
Series A announced Sep 28, 2022; participation from NEC Orchestrating Future Fund, Benhamou Global Ventures, Sierra Ventures, Morado Ventures, Xplorer Capital and others; round brought reported total raised to approximately $24.63M in some reports.
“Translink Capital led Series A; participation from NEC Orchestrating Future Fund, Benhamou Global Ventures, Sierra Ventures, Morado Ventures, Xplorer Capital and additional investors”