Evive

Chicago, United States Founded: 2007 • Age: 19 yrs Acquired By Bswift
Cloud-based solutions for employee benefit management are provided.

About Evive

Evive is a Technology company based in Chicago (United States) founded in 2007 by Peter Saravis and Prashant Srivastava, and was acquired by Bswift in November 2024. Cloud-based solutions for employee benefit management are provided. It operates in the Technology and Healthcare sectors. Evive has raised $43 million across 1 funding round from investors including Bswift and Susquehanna Growth Equity. The company has 106 employees. Its chief executive, as recorded, is Prashant Srivastava. Its Indian entity Bswift Technology Services Private Limited reported revenue of β‚Ή34.57 Cr. Evive offers products and services including Evive Platform and Analytics Service. Its focus areas include Enterprise Applications, HRTech, Employee Benefits and Health Benefits. Its competitors include Hinge Health, Accolade and Sharecare; 3 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics
  • Indian entity revenue
    ₹34.57 Cr

    FY 2024 · -1% YoY

  • Indian entity net profit
    ₹3.35 Cr

    FY 2024 · 10% margin

  • Indian entity EBITDA
    ₹4.37 Cr

    FY 2024 · 13% margin

  • Total Equity Funding
    $43M (USD)

    in 1 rounds

  • Latest Funding Round
    $43M (USD), Series B

    Jan 2018

  • Investors
    Bswift

    & 1 more

  • Employee Count
    106
  • Acquired by
    Bswift

    (Nov 2024)

Products & Services of Evive

Evive offers a comprehensive portfolio of products and services, including Evive Platform and Analytics Service.

Evive Platform
Employee Engagement Tool

Platform for data-driven benefits personalization and messaging

Analytics Service
Data Analytics

Provides insights into employee benefits utilization and engagement

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.

  • Total Funding $43M
  • Total Rounds 1
  • Last Round Series B β€” $43M
  • First Round $43M

    (Jan 2018)

  • Investors Count 1

All 1 funding rounds of Evive with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2018$43MSeries B–Susquehanna Growth Equity
–
Valuation history

2 investors in total: 2 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm
sgep.comBala Cynwyd, United States
Benefits administration solutions with AI-driven guidance are provided for enterprises.
1996bswift.comChicago, United States
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Investor details for Evive

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Board of directors of Bswift Technology Services Private Limited (Evive)

Bswift Technology Services Private Limited is the primary company behind Evive. The board of Bswift Technology Services Private Limited currently have 5 directors; the longest-serving is Nitin Prakash Bendbhar, appointed in 2012. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nitin Prakash Bendbhar
DIN 06382423
Director08 Oct 201214 yrs 1 moBswift Technology Services Private Limited
Daya Kori
DIN 02757146
Director21 Dec 20187 yrs 10 moBswift Technology Services Private Limited
John Jeffrey Herbst
DIN 09841240
Director25 Sep 20242 yrs 1 moBswift Technology Services Private Limited
Steven Mills
DIN 10951009
Additional Director03 Mar 20251 yr 8 moBswift Technology Services Private Limited
Amaidhi Chandran
DIN 08328441
Managing Director12 Aug 20251 yr 3 moBswift Technology Services Private Limited

People of Evive

27 people are tracked at Evive (6 in leadership, 21 in team); the tracked headcount is 106.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
John McDonnell
President & CEOLeadership
Mike Seethaler
National Vice President, Business DevelopmentLeadership
Rakesh Shetty
Vice President Of EngineeringLeadership
Shashidhar Akkihebbal
Vice President Of ProductsLeadership
Teena Batra
Devops EngineerTeam
Susmita Paul
Senior Human Resources ManagerTeam
Priyanka H.
Executive HRTeam
Aarushi Sharma
Product OwnerTeam
Siddharth Mishra
Sr Product OwnerTeam
Burhanuddin Loliwala
Full Stack EngineerTeam
Rob Cairnes
Solutions ArchitectTeam
Prachee Vengurlekar
Quality Assurance DeveloperTeam
Damanjeet Asija
Tech LeadTeam
Prateek Jagan
Software EngineerTeam
Loveneet Goyal
DevOps Engineer IITeam
Pratik Patil
Product ManagerTeam
Vijendra S.K
Senior Product ManagerTeam
Gopinath S
Devops ManagerTeam

7 more people are available in the full profile.

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Financials of Evive

Figures of Bswift Technology Services Private Limited, the primary company behind Evive, for FY 2024. Revenue was ₹34.57 Cr (-1% year on year). Net profit was ₹3.35 Cr (10% margin). EBITDA was ₹4.37 Cr (13% margin). Revenue has grown at a compounded annual rate of +4% over three years and +4% over five years.

  • ₹34.57 CrRevenue · FY 2024 · -1% YoY
  • ₹3.35 CrNet profit · 10% margin
  • ₹4.37 CrEBITDA · 13% margin
  • ₹10 LakhPaid-up capital
  • 106Employees (provident fund records)
  • +4%Revenue CAGR, 3 years
  • +4%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Bswift Technology Services Private Limited are on its company page.

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Detailed financial statements for Evive

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Timeline of Evive

3 dated milestones of Evive across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded Evive is founded.
  2. Funding First funding round of $43.0M.
  3. Exit Acquired by Bswift.

Competitors of Evive

Evive has 3 listed competitors in our database, 3 of them funded. They include Hinge Health, Accolade and Sharecare.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hingehealth.com2015San Francisco, United States$854.44M1,442
Virtual physical therapy and digital pain care solutions are provided.
accolade.com2007Plymouth Meeting, United States$228.3M
Employee health benefits are facilitated via a cloud-based platform.
sharecare.com2010Atlanta, United States$64M1,988
Health and wellness social network for employees is provided.
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Detailed competitors of Evive

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Web traffic of Evive

Websites that share an audience with Evive (goevive.com).

Similar websites

Websites whose visitors overlap most with Evive. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
wisemonk.io
wisemonk.io
100%
#678,267–
psico-smart.com
94%
102K#426,706View details
qualee.com
74%
36.1K#929,967View details
neeyamo.com
65%
44K#474,479View details
applaudhr.com
applaudhr.com
33%
#2,012,236–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 7 similar websites and full traffic analytics for Evive

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  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Evive (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about 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 CEO of Evive, as recorded in our data. They have also founded this company.

Evive is a funded company, having raised a total of $43M across 1 funding round to date. The company's 1st funding round was a Series B of $43M, raised on Jan 2018.

Evive has 106 employees.

The primary company behind Evive, Bswift Technology Services Private Limited, reported revenue of β‚Ή34.57 Cr for FY 2024, down 1% year on year.

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 Sharecare.

Evive offers Evive Platform and Analytics Service.

Evive has 2 investors. Key investors include Bswift, and Susquehanna Growth Equity.

Evive operates through Bswift Technology Services Private Limited.

Yes. Evive was acquired by Bswift in November 2024.

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