About Evive
Evive is a company based in Chicago (United States) founded in 2007 by Peter Saravis and Prashant Srivastava was acquired by Bswift in November 2024. Evive has raised $43 million across 1 funding round from investors including Bswift and Susquehanna Growth Equity. The company has 106 employees as of April 08, 2024. Evive offers products and services including Evive Platform and Analytics Service. Evive operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
- Headquarter Chicago, United States
- Employees 106 as on 08 Apr, 2024
- Founders Peter Saravis, Prashant Srivastava
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Sectors
TechnologyHealthcare
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Phone
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Website
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Social
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- Legal Name Evive Software Analytics Private Limited
- Date of Incorporation 08 Oct, 2012
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$4.21 M (USD)21.74as on Mar 31, 2023
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Net Profit
$356.9 K (USD)2.83as on Mar 31, 2023
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EBITDA
$453.06 K (USD)-21.83as on Mar 31, 2023
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Total Equity Funding
$43 M (USD)
in 1 rounds
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Latest Funding Round
$43 M (USD), Series B
Jan 12, 2018
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Investors
Bswift
& 1 more
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Employee Count
106
as on Apr 08, 2024
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Acquired by
Bswift
(Nov 18, 2024)
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Products & Services of Evive
Evive offers a comprehensive portfolio of products and services, including Evive Platform and Analytics Service.
Platform for data-driven benefits personalization and messaging
Provides insights into employee benefits utilization and engagement
People of Evive
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Funding Insights of Evive
Evive has successfully raised a total of $43M through 1 strategic funding round. The most recent funding activity was a Series B round of $43 million completed in January 2018. 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 Evive
Evive has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Bswift and Susquehanna Growth Equity.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm
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Benefits administration solutions with AI-driven guidance are provided for enterprises.
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Investor details for Evive
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Investments & Acquisitions by Evive
Investment portfolio details for Evive
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Financial Statements - Evive
Detailed financials for Evive
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Evive Comparisons
Peer comparison for Evive
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Competitors of Evive
Evive 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 Hinge Health, Practo, Accolade, Sharecare and Spendesk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Virtual physical therapy and digital pain care solutions are provided.
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Doctor appointments are booked and healthcare professionals are consulted online.
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Employee health benefits are facilitated via a cloud-based platform.
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Health and wellness social network for employees is provided.
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Provider of prepaid cards for financial benefits of employees
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Employee health and well-being solutions are delivered through a platform.
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Detailed competitors of Evive
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Latest news on Evive
Complete news archive for Evive
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Frequently Asked Questions about Evive
Evive was founded in 2007 and raised its 1st funding round 11 years after it was founded.
Evive is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Prashant Srivastava is the current CEO of Evive. They have also founded this company.
Evive is a funded company, having raised a total of $43M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Evive is 106.
Annual revenue of Evive is $4.21M as on Mar 31, 2023.
Evive was founded in 2007 in Chicago, United States, focusing on the employee benefits sector. Cloud-based platforms are offered to handle health benefits, voluntary benefits, wealth management, retirement benefits, and personalized incentives through products like Impact and Love, which integrate big data analytics and behavioral science. MyEvive functions as a centralized online tool for benefit administration. Paper Evive supplies care reminders and savings options to participants.
Evive's top competitors include Accolade, Hinge Health and Wellhub.
Evive offers Evive Platform and Analytics Service.
Evive has 2 investors. Key investors include Bswift, and Susquehanna Growth Equity.