EverCommerce Inc.

EVCMVertical SaaS

EverCommerce builds software for small service businesses.

Key figures

Data as of Jun 2026 · Pills compare vs Mar 2026

ARR Multiple

2.6x

-0.3x

ARR

$608M

+3.1%

YoY Growth

2.7%

-0.9pp

Market Cap

$1.6B

-11.1%

Revenue (Q)

$152M

+3.1%

Gross Margin

0.0%

0.0pp

Op. Margin

11.5%

+1.5pp

Rule of 40

14.2

+0.6

Magic Number

0.55

+0.99

Revenue, margins & ratios from SEC filings; market cap & ARR multiple from market data. Market cap & ARR multiple use the close of 2 Oct 2026; their pills compare vs the Jun 2026 quarter-end (2.9x).

Valuation by quarter

Current ARR Multiple: 2.9x· Forward at Q3 FY2026 guidance: 2.9x

Calculated valuation

FRAMEWORK EST.

Valuation data is not available for this company.

Strategy recommendations

Levers ranked by valuation impact

No recommendations for this company.

AI Replacement RiskELEVATED

44/ 100

LowModerateElevatedHigh

Estimated likelihood that general-purpose AI replaces this product.

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Why this rating

From the AI Risk Calculator model

Your moat is reasonable today. Stay vigilant — re-evaluate when foundation models add tool-use and long-running workflows that compress your differentiation.

What's driving the score

Workflow automationCategory baseline

mid base

Workflow complexity5/5

-12 risk

Data moat3/5

-1 risk

Integration depthHigh

-10 risk

SegmentSmb

+10 risk

IndustryOther

neutral

Own AI integration1/5

+4.8 risk

Ways to reduce exposure

Embedding AI into your product is the cheapest way to ride the wave instead of being drowned by it. Even table-stakes copilots reframe the conversation with customers.

Company overview

EverCommerce builds software for small service businesses. Home services. Health. Fitness. The company was founded in 2016 in Denver, Colorado, and went public in 2021.

The customer is the local operator. A plumbing company. A physical therapy clinic. A gym. A pest control crew. These businesses run on appointments and payments, but they rarely have the tools that bigger firms enjoy. EverCommerce serves them.

The company owns a family of vertical software products, each tuned for a specific trade. One handles scheduling and dispatch for home services. Another manages patient intake for small health practices. The tools cover booking, invoicing, marketing, and reviews.

Payments tie it all together, and that is the real prize. When a customer books a job and pays through EverCommerce software, the company earns a slice of that transaction. More volume flowing through the platform means more payment revenue.

Suppose a two truck HVAC business wants to stop juggling a calendar, a paper invoice book, and a card reader. EverCommerce gives it one system to schedule jobs, send invoices, and collect payment on the spot.

Revenue runs around $700 million a year. The company grew partly by acquiring niche products and cross selling payments into them. EverCommerce is a bet that millions of small service firms will keep trading spreadsheets for software.