Know what’s really happening at
Everest Systems before you sign on.
- Altis Scan
- AI ERP
- Enterprise Software
- SaaS Infrastructure
Everest Systems is building an AI-first ERP platform from scratch, founded by the original architect of SAP HANA and senior SAP platform engineers. With $140M in funding and a bet that end-to-end scope from day one beats the GL-first land-and-expand playbook, Everest is the most-funded entrant in a rapidly forming AI-ERP cohort.
How we do it.
Most "AI market intel" is a summarized crawl of press releases. This Altis research is built from our knowledge graph of sector expert calls, synthesized with public sources.
Everest Systems
- Total funding raised
- $140M
- Year founded
- 2020
- Investors
- Sutter Hill Ventures, Altimeter Capital, Redpoint Ventures, D1 Capital
- Co-CEO Franz Faerber's SAP tenure
- 26 years at SAP
- Unusual leadership model
- Co-CEO structure with two co-founders sharing the CEO title
- Named public reference customers
- 3
- Headquarters
- Mountain View, California
Press reported
Altis Verified
What's in the report
Most "AI market intel" is a summarized crawl of press releases. This is what customers, competitors, and former employees actually told us.
Market Overview
Market structure, where the company sits, and growth drivers.
- market map
- AI ERP landscape
- AI ERP growth rate
- CAGR
Total Addressable Market
Bottom-up TAM / SAM / SOM.
- Everest Systems TAM
- AI ERP market size
- market opportunity
Company Overview
What the company does and how it operates.
- what does Everest Systems do
- Everest Systems product
- business model
Product / Go-to-Market
Product, GTM motion, ICP, and who buys.
- Everest Systems customers
- who uses Everest Systems
- Everest Systems ICP
- go-to-market
Competitive Dynamics
The Altis Market Map and the Altis Win-Rate Index.
- Everest Systems competitors
- Everest Systems alternatives
- who competes with Everest Systems
- Everest Systems win rate
Customer Signals
Retention, satisfaction, and win/loss signals.
- Everest Systems reviews
- Everest Systems NRR
- Everest Systems churn
- current customers
- switching costs
Investment Debates
Investment thesis, moat, bull/bear, and key risks.
- Everest Systems investment thesis
- Everest Systems moat
- bull case bear case
- Everest Systems risk factors
Monetization & Financials
Business model, revenue model, and unit economics.
- Everest Systems ARR
- Everest Systems revenue
- Everest Systems valuation
- unit economics
Team and culture
Founders, leadership, and org.
- Everest Systems founders
- Everest Systems CEO background
- leadership team
- headcount
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Research based on public filings, founder interviews, published case studies, and competitive market data across the AI-ERP cohort.