JIMCO Invests in Ever’s US$ 31m Series-A Funding Round

• JIMCO invests in Ever’s US$ 31m Series A round led by Eclipse Capital, joining a global deep‑tech investor syndicate.

• Supports Ever’s AI‑native, full-stack auto retail platform, which delivers end‑to‑end workflow automation and improved customer experience, scalability, and margins.

• This reflects JIMCO’s strategy of backing technology-enabled businesses that are applying AI to real-economy, operationally complex sectors.

JIMCO (Jameel Investment Management Company), the global investment arm of the Jameel family, today announces that the JIMCO Technology Fund has participated in the oversubscribed US$ 31 million Series A funding round for Ever, the company building the first AI-native, full-stack auto retail platform. Led by Eclipse Capital, the round brings Ever’s total funding to around US$ 100m across equity and debt facilities and includes participation from Lifeline Ventures, Ibex Investors, Maki.vc, and Joint Effects.

The US$ 1.2 trillion US auto retail market – the largest segment of the US retail economy – remains constrained by manual processes, outdated third-party software and highly fragmented operations. The nationwide transition to electric vehicles (EVs) has only increased this complexity, introducing additional challenges around fragmented selection, inventory management, battery health, and consumer education. Addressing these challenges requires an operating model designed to manage complexity end-to-end.

Ever is redefining the possible by rebuilding auto retail from the ground up. The company’s AI-native operating system and vertically integrated business enable a faster, more flexible, and more affordable customer experience while automating end-to-end workflows across sourcing, pricing, sales, financing, and more. The company’s EV-first offering provides a focused entry point in the fastest-growing segment of the market, laying the foundation for a broader, next-generation auto retail platform.

With headquarters in San Francisco, California, Ever is targeting rapid nationwide expansion across the U.S. market. Ever has already facilitated the purchase and sale of thousands of EVs across more than 40 different states and reports strong unit economics and significant productivity gains compared to traditional auto retail operations.

Onur Aydin Managing Director, JIMCO Technology Fund, said: “Ever exemplifies the type of AI-native, deeply integrated systems we believe will define the next era of productivity across real-economy industries. Agentic workflow platforms such as Ever’s operating system help accelerate the modernisation of auto retail – a large and operationally complex market. We are excited to partner with Ever’s exceptional team as they scale their platform and transform the customer experience and dealer operations.”

Lasse-Mathias Nyberg, Co-Founder and CEO of Ever, said: “We are excited to partner with JIMCO, Eclipse and our other investors as we continue to build the next generation of auto retail. By rebuilding the auto retail model with AI at the core, we’re able to deliver a better customer experience while solving the complexity and inefficiencies burdening traditional auto retail.”

JIMCO’s investment reflects its mission to support technology-enabled businesses that are applying AI to real-economy, operationally complex sectors, driving significant productivity gains.