Evoco Ltd

Toronto, Canada Founded: 2017 • Age: 9 yrs
Eco-foam insoles are produced and branded by Evoco.
Annual revenue - Latest available
Total funding $12.3M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors - Brand Intelligence

About Evoco Ltd

Evoco Ltd is a company based in Toronto (Canada) founded in 2017. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Evoco Ltd has raised $12.34 million across 2 funding rounds from investors including Export Development Canada, Circular Innovation Fund and unknown. Evoco Ltd has completed 1 acquisition, including A.M.I. Evoco Ltd offers products and services including Bio-Foam, Bio-TPU, Leather Alternative, and Cleansport NXT®.

  • Headquarter Toronto, Canada
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Evoco Ltd
Operational Areas
Consumer → Apparel, Fashion & Lifestyle Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.34 M (USD)

    in 2 rounds

  • Latest Funding Round
    $8.76 M (USD), Series B

    Mar 28, 2023

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Evoco Ltd

Evoco Ltd offers a comprehensive portfolio of products and services, including Bio-Foam, Bio-TPU, Leather Alternative, and Cleansport NXT®.

Product name locked
Category locked
Primary

Bio-Foam is developed as a plant-based material alternative.

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Bio-TPU is crafted as a sustainable thermoplastic polyurethane option.

Product name locked
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Leather Alternative is produced as a plant-based leather substitute.

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Cleansport NXT® is designed for odor control in materials.

Funding Insights of Evoco Ltd

Evoco Ltd has successfully raised a total of $12.34M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8.76 million completed in March 2023. 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 Evoco Ltd

Evoco Ltd has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Export Development Canada, Circular Innovation Fund and unknown.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
A venture capital fund investing in circular innovation and sustainable technologies across global regions.
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SME loans are provided to support business exports.
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Investor details for Evoco Ltd

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Investments & Acquisitions by Evoco Ltd

Evoco Ltd has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include A.M.I..

Investments
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Investment portfolio details for Evoco Ltd

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer of marine and aviation liferafts and escape slides
Locked Locked 1998 Locked
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Complete acquisition details for Evoco Ltd

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Financial Statements - Evoco Ltd

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Detailed financials for Evoco Ltd

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Evoco Ltd Comparisons

Evoco Ltd Primary company
Description
Eco-foam insoles are produced and branded by Evoco.
Location
Toronto, Canada
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Evoco Ltd

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Competitors of Evoco Ltd

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Detailed competitors of Evoco Ltd

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Latest news on Evoco Ltd

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Frequently Asked Questions about Evoco Ltd

Evoco Ltd was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Evoco Ltd is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Jason Robinson is the current CEO of Evoco Ltd.

Evoco Ltd is a funded company, having raised a total of $12.34M across 2 funding rounds to date.

Evoco Ltd is focused on creating innovative plant-based materials to replace petrochemicals in durable consumer goods. The company is involved in sectors like footwear and consumer products, offering scalable solutions such as Bio-Foam, Bio-TPU, and Leather Alternatives. These materials are integrated into existing supply chains to enhance sustainability and performance. Evocos technologies are designed to disrupt massive material markets by providing cost-effective and verifiable defossilization options for global brand partners.

Evoco Ltd offers Bio-Foam, Bio-TPU, Leather Alternative, and Cleansport NXT®.

Evoco Ltd has made 1 acquisition, including A.M.I.

Evoco Ltd has 4 investors. Key investors include Export Development Canada, Circular Innovation Fund, unknown, and Forage Capital Partners.

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