Everipedia founded by Theodor Forselius
History
Everipedia (2014–2022)
Everipedia, a portmantaeu of "Everyone's Encyclopedia", began in December 2014 as a small project of Sam Kazemian and Theodor Forselius in Kazemian's college dormitory room at University of California, Los Angeles (UCLA).The encyclopedia launched in January 2015 as a fork of Wikipedia. Travis Moore joined the company as a co-founder in the winter of 2015 and Mahbod Moghadam joined as a co-founder in July 2015.The company raised capital and received funding from angel investors. In July 2015, the company got its first seed funding from Mucker Capital and raised close to $130,000 from 201 investors on Wefunder. In October 2015, George Beall was introduced to Everipedia at a presentation in California State University, San Bernardino. After selling his technology start-up Touch Tiles in January 2016, Beall joined the group of co-founders.
In 2016, the site generated most of its revenue from advertisements. The company aims to generate income through ways apart from donations or banners.In January 2017, they had eight full-time workers including two developers. By February 2018, headcount had increased to 15 full-time workers. As of January 2017, they raised $700,000 from angel investors. It was announced on February 8, 2018, that the company raised $30 million in funding headed by Galaxy Digital's EOS.io Ecosystem Fund. In December 2017, Everipedia announced that co-founder of Wikipedia, Larry Sanger, had become the chief information officer of Everipedia. On October 18, 2019, Sanger announced his resignation from this position.The majority of Everipedia's articles were copied from Wikipedia and promotional material about cryptocurrency and can still be accessed on the former domain.