About Evolucion Innovations
Evolucion Innovations is a company based in Seattle (United States) founded in 2001.. Evolucion Innovations has raised $10.86 million across 3 funding rounds. Evolucion Innovations has completed 3 acquisitions, including Callaghan Country, Rhythm Japan and Wilderness Adventures. Evolucion Innovations offers products and services including Ski Equipment, Snowboard Gear, Bikes, Wakeboards, and Skateboards. Evolucion Innovations operates in a competitive market with competitors including TeamSnap, Backcountry, Coros, JackRabbit and BSN SPORTS, among others.
- Headquarter Seattle, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Evolucion Innovations Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.86 M (USD)
in 3 rounds
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Latest Funding Round
$3.29 M (USD), Series A
Aug 30, 2024
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Callaghan Country
& 2 more
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Products & Services of Evolucion Innovations
Evolucion Innovations offers a comprehensive portfolio of products and services, including Ski Equipment, Snowboard Gear, Bikes, Wakeboards, and Skateboards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Gear for skiing activities including skis and bindings.
Products for snowboarding like boards and boots.
Mountain and electric bikes for outdoor adventures.
Boards and accessories for wakeboarding.
Completes and parts for skateboarding.
Boards for surfing including shortboards.
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Software Development Team
21 people
Sales and Marketing
7 people
Product Management Team
4 people
Merchandise Team
4 people
Human Resources and Administration
3 people
Leadership Team
3 people
Data Analysis and Operations Team
3 people
Retail Team
3 people
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Funding Insights of Evolucion Innovations
Evolucion Innovations has successfully raised a total of $10.86M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.29 million completed in August 2024. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $3.3M
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First Round
First Round
(19 Apr 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series A - Evolucion Innovations | Valuation |
investors |
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| Jul, 2010 | Amount | Series A - Evolucion Innovations | Valuation |
investors |
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| Apr, 2010 | Amount | Seed - Evolucion Innovations | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Evolucion Innovations
Evolucion Innovations has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Callaghan Country, Rhythm Japan and Wilderness Adventures. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Consumer products are retailed through a chain in Japan.
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2005 | ||||
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Hiking, camping, and adventure tours are operated in Whistler.
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1980 | ||||
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Hiking, camping, and adventure tours are offered in outdoor settings.
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1973 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Evolucion Innovations
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evolucion Innovations Comparisons
Competitors of Evolucion Innovations
Evolucion Innovations 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 TeamSnap, Backcountry, Coros, JackRabbit and BSN SPORTS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based sports league and team management solutions are provided.
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| domain | founded_year | HQ Location |
Outdoor and action sports clothing and equipment are retailed online.
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| domain | founded_year | HQ Location |
Connected performance tracking devices are supplied for athletes.
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| domain | founded_year | HQ Location |
Fitness apparel and accessories are sold online by JackRabbit.
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| domain | founded_year | HQ Location |
Sports and physical education equipment is supplied by BSN SPORTS.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evolucion Innovations
Frequently Asked Questions about Evolucion Innovations
When was Evolucion Innovations founded?
Evolucion Innovations was founded in 2001 and raised its 1st funding round 9 years after it was founded.
Where is Evolucion Innovations located?
Evolucion Innovations is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Evolucion Innovations a funded company?
Evolucion Innovations is a funded company, having raised a total of $10.86M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Apr 19, 2010.
What does Evolucion Innovations do?
Evolucion Innovations was founded in 2001 in Seattle, United States, as an online retailer specializing in outdoor action sports gear and apparel. Products including equipment for skiing, snowboarding, wakeboarding, and skating, along with clothing, shoes, bags, and items for men, women, and kids, are offered. Sales occur through an e-commerce platform and a physical store, serving the action sports sector primarily in the United States.
Who are the top competitors of Evolucion Innovations?
Evolucion Innovations's top competitors include TeamSnap, Backcountry and Coros.
What products or services does Evolucion Innovations offer?
Evolucion Innovations offers Ski Equipment, Snowboard Gear, Bikes, Wakeboards, and 2 more products and services.
How many acquisitions has Evolucion Innovations made?
Evolucion Innovations has made 3 acquisitions, including Callaghan Country, Rhythm Japan, and Wilderness Adventures.
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