About Evolution AI
Evolution AI is a Technology company based in London (United Kingdom) founded in 2015 by Martin Goodson and Rafal Kwasny. NLP-based data management and text analytics solutions are offered. It operates on a AI-as-a-Service model. Evolution AI has raised $200.4 thousand across 1 funding round from investors including Chris Mairs, William Tunstall-Pedoe and Julian Beron. The company has 10 employees. Evolution AI was last valued at $3.55 million in December 2017. Its chief executive, as recorded, is Martin Goodson. Its website evolution.ai draws about 26 thousand monthly visits. Evolution AI offers products and services including Financial Statements AI, Invoice Data Extraction, and Bank Statements AI. Its focus areas include Artificial Intelligence and Data Extraction. Its legal entity is Evolution Artificial Intelligence Ltd.
Company details
Data extraction from financial documents, including statements, invoices, and bank records, is facilitated by Evolution AI. Services are offered to sectors such as commercial finance, private equity, and asset management. Solutions for loan underwriting, litigation, and trade finance are provided using generative AI technology. Partnerships with global industry leaders like NatWest and Deutsche Bank are maintained. High-quality data capture from complex documents is ensured through self-learning systems and quality assurance workflows.
- Headquarters London, United Kingdom
- Employees 10
- Founders Martin Goodson, Rafal Kwasny
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website evolution.ai
- Social LinkedIn X Facebook
- Legal Name Evolution Artificial Intelligence Ltd
- Total Equity Funding$200.4K (USD)
in 1 rounds
- Latest Funding Round$200.4K (USD), Seed
Dec 2017
- InvestorsAI Seed
& 4 more
- Employee Count10
Products & Services of Evolution AI
Evolution AI offers a comprehensive portfolio of products and services, including Financial Statements AI, Invoice Data Extraction, and Bank Statements AI.
Data is extracted from financial statements using AI.
Data is extracted from supplier invoices using AI.
Data is extracted from bank statements using AI.
Funding Insights of Evolution AI
Evolution AI has successfully raised a total of $200.4K through 1 strategic funding round. The most recent funding activity was a Seed round of $200.4 thousand completed in December 2017. 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 $200,400
- Total Rounds 1
- Last Round Seed — $200,400
- First Round $200,400
(Dec 2017)
- Investors Count 5
All 1 funding rounds of Evolution AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | $200,400 | Seed | $3.55M | AI Seed |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2017 | $3.55M | •••••••• |
Last known valuation $3.55M (Dec 2017). 5 investors in total: 1 institutional and 4 angel.
Investors in Evolution AI
Evolution AI has secured backing from 5 investors, including angel and venture fund investors. Prominent investors backing the company include Chris Mairs, William Tunstall-Pedoe and Julian Beron.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AI Seed is recognized as a leading AI venture capital fund in Europe. | 2017 | aiseedfund.com | London, United Kingdom | |
CM Chris Mairs | UK-based angel investor, entrepreneur, focusing on tech startups in India and globally. | unknown_5dc8b09f027d4146a | ||
WT William Tunstall-Pedoe | British AI entrepreneur, angel investor, founded Evi, acquired by Amazon | unknown_7f478853d94d4c8f9 | ||
JB Julian Beron | unknown_3781ba615be841979 | |||
JS John Spindler | unknown_295109df818f4223a |
Investor details for Evolution AI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
People of Evolution AI
7 people are tracked at Evolution AI (4 in leadership, 3 in team); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
Martin Goodson | Co-Founder & CEO | Leadership |
Rafal Kwasny | Co-Founder & CTO | Leadership |
Alexander Collingwood | Director Of Business Development | Leadership |
Kartika Tulusan | Director, Product | Leadership |
Vesselina Stoyanova | Product Specialist | Team |
Gabby Thorn | Marketing Assistant | Team |
Miranda Hartley | Marketing Executive | Team |
Complete people profiles for Evolution AI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Evolution AI
3 dated milestones of Evolution AI across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Evolution AI is founded.
- Funding First funding round of $200K.
- Milestone Reaches Minicorn status.
Web traffic of Evolution AI
The website of Evolution AI (evolution.ai) receives about 25.5K visits a month.
- Monthly visits25.5K
▲ 20.8% vs previous month
Websites whose visitors overlap most with Evolution AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| slite.com | 100% | 367.4K | #120,659 | View details | |
| formx.ai | 100% | 680.7K | #658,808 | View details | |
| askyourpdf.com | 100% | 327.9K | #139,929 | View details | |
xltool.in | xltool.in | 100% | #4,824,361 | – | |
artificial-intelligence.blog | artificial-intelligence.blog | 80% | #1,339,830 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 20 similar websites and full traffic analytics for Evolution AI
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- 20 similar websites
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Verified entity values are shown only after access is granted.
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Related news about Evolution Ai
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Frequently Asked Questions about Evolution AI
Evolution AI was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Evolution AI is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Martin Goodson is the CEO of Evolution AI, as recorded in our data. They have also founded this company.
Evolution AI is a funded company, having raised a total of $200.4K across 1 funding round to date. The company's 1st funding round was a Seed of $200.4K, raised on Dec 2017.
Evolution AI has 10 employees.
Data extraction from financial documents, including statements, invoices, and bank records, is facilitated by Evolution AI. Services are offered to sectors such as commercial finance, private equity, and asset management. Solutions for loan underwriting, litigation, and trade finance are provided using generative AI technology. Partnerships with global industry leaders like NatWest and Deutsche Bank are maintained. High-quality data capture from complex documents is ensured through self-learning systems and quality assurance workflows.
Evolution AI offers Financial Statements AI, Invoice Data Extraction, and Bank Statements AI.
Evolution AI has 5 investors. Key investors include Chris Mairs, William Tunstall-Pedoe, Julian Beron, John Spindler, and AI Seed.
The valuation of Evolution AI is $3.55M as of Dec 2017.
Evolution AI operates through Evolution Artificial Intelligence Ltd.