Everstar, a New York-based provider of AI-driven compliance solutions for the nuclear energy and industrial sectors, has raised $4 million in pre-seed funding.
Investors
The round was led by Third Prime VC, with notable contributions from Pelican Energy Partners, EXCEL Services, Virta Ventures, Generational Partners, Page One Ventures, and a distinguished group of angel investors with deep expertise in artificial intelligence, energy, aerospace, and defense.
Founded in 2016, Third Prime is a venture capital firm based in New York City. The firm primarily invests in early-stage companies across sectors such as FinTech, PropTech, and Crypto/Blockchain. Their investment stages include Seed, Early Stage, and Series A.
Everstar Use of Funds
The company will use the funds to fuel the expansion of its flagship AI platform, Gordian, for nuclear licensing and regulatory compliance. The funding will help Everstar grow its team, improve AI technology, and form key partnerships to modernize operations.
About Everstar
Led by Kevin Kong, Everstar focused on building AI-powered solutions that will address deeper, systemic bottlenecks within the nuclear energy sector. Its flagship platform, Gordian, combines cutting-edge AI with deep industry expertise to simplify licensing, reduce compliance costs, improve operational efficiency, and foster collaboration between regulators and operators. Everstar works closely with industry regulators like the Nuclear Regulatory Commission (NRC), the Department of Energy (DOE), and the Department of Defense (DoD. Headquartered in New York, Everstar is on a mission to engineer energy abundance.
Funding Details
Company: Everstar, Inc.
Raised: $4.0M
Round: Pre-Seed Round
Funding Date: February 2025
Lead Investors: Third Prime VC
Additional Investors: Pelican Energy Partners, EXCEL Services, Virta Ventures, Generational Partners, Page One Ventures
Company Website: https://www.everstar.ai/
Software Category: AI-Compliance and Regulatory
Source: PR Newswire - Everstar Secures $4M in Pre-Seed Funding