About Evi
Evi is a company based in Cambridge (United Kingdom) founded in 2005 was acquired by Amazon in April 2013. Evi has raised $4 million across 2 funding rounds from investors including Amazon and Octopus Ventures. The company has 669 employees as of December 31, 2023. Evi operates in a competitive market with competitors including Character.ai, Krutrim, Voiceitt, Tellme and Replika, among others.
- Headquarter Cambridge, United Kingdom
- Employees 669 as on 31 Dec, 2023
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Evi Technologies Limited
- Date of Incorporation 10 Feb, 2003
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$156.7 M (USD)0as on Dec 31, 2023
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Net Profit
$12.6 M (USD)0as on Dec 31, 2023
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EBITDA
$17.8 M (USD)0as on Dec 31, 2023
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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Series A
Jul 30, 2008
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Investors
Amazon
& 1 more
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Employee Count
669
as on Dec 31, 2023
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Acquired by
Amazon
(Apr 17, 2013)
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Funding Insights of Evi
Evi has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in July 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Evi
Evi has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Amazon and Octopus Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment and support for founders in technology and health sectors.
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Multi-category products are offered through an online marketplace.
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Investor details for Evi
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Investments & Acquisitions by Evi
Investment portfolio details for Evi
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Financial Statements - Evi
Detailed financials for Evi
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Evi Comparisons
Peer comparison for Evi
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Competitors of Evi
Evi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Character.ai, Krutrim, Voiceitt, Tellme and Replika, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-based conversational solutions are provided for user interactions and learning.
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AI tools and infrastructure are developed for generative applications.
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Virtual assistant tool for speech disabilities is developed and offered.
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Voice recognition technology for phone-based information access is provided.
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An AI companion is developed for emotional support and conversation.
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Detailed competitors of Evi
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Latest news on Evi
Complete news archive for Evi
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Frequently Asked Questions about Evi
Evi was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Evi is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Evi is a funded company, having raised a total of $4M across 2 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Evi is 669.
Annual revenue of Evi is $156.7M as on Dec 31, 2023.
Evi, an offering og TrueKnowledge, is a digital personal assistant for both iOS and Android devices. It claims to utilize natural conversational input to allow a user to ask for information or perform tasks by speaking in a totally natural manner without pre-programmed voice commands. Also utilises a variety of information sources including own database of nearly a billion facts as well as numerous external resources. Claims that the technology is non-statistical, as in that it knows when it cannot understand the users question or provide an answer thereby allowing it to complement existing search technologies producing its direct answers when it can and other results such as standard internet search results when it cannot.
Evi's top competitors include Character.ai, Krutrim and Replika.
Evi has 2 investors. Key investors include Amazon, and Octopus Ventures.