About Evolution Robotics
Evolution Robotics is a company based in Pasadena (United States) founded in 2001 was acquired by iRobot in September 2012. Evolution Robotics has raised $13.88 million across 2 funding rounds from investors including iRobot, Vodafone and Datalogic. The company has 15,380 employees as of December 31, 2024. Evolution Robotics has completed 4 acquisitions, including Galaxy Gaming, Livespins and NetEnt. Evolution Robotics offers products and services including Live Baccarat, Live Poker, Live Roulette, Live Blackjack, and Slots. Evolution Robotics operates in a competitive market with competitors including MPL, Betfair Group, Flutter Entertainment, Superbet and FDJ, among others.
- Headquarter Pasadena, United States
- Employees 15380 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Evolution Ab
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Annual Revenue
$2.14 B (USD)14.3as on Dec 31, 2024
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Net Profit
$1.29 B (USD)15.76as on Dec 31, 2024
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EBITDA
$1.46 B (USD)10.91as on Dec 31, 2024
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Total Equity Funding
$13.88 M (USD)
in 2 rounds
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Latest Funding Round
$165.29 K (USD), Grant
Sep 01, 2015
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Investors
iRobot
& 6 more
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Employee Count
15380
as on Dec 31, 2024
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Investments & Acquisitions
Galaxy Gaming
& 3 more
- Acquired by
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IPO & Listings of Evolution Robotics
Evolution Robotics is a publicly listed company on the OMXSTO with ticker symbol EVO in Sweden, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Evolution Robotics
Evolution Robotics offers a comprehensive portfolio of products and services, including Live Baccarat, Live Poker, Live Roulette, Live Blackjack, and Slots.
Interactive online card game with live dealers for players.
Real-time poker variant featuring live interaction and betting.
Wheel-based game with live dealers for immersive gambling.
Card game against dealer with live streaming and options.
Variety of slot games with themes and bonus features online.
People of Evolution Robotics
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Funding Insights of Evolution Robotics
Evolution Robotics has successfully raised a total of $13.88M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $165.29 thousand completed in September 2015. 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 Evolution Robotics
Evolution Robotics has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include iRobot, Vodafone and Datalogic.
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Investor details for Evolution Robotics
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Investments & Acquisitions by Evolution Robotics
Evolution Robotics has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Galaxy Gaming, Livespins and NetEnt.
Investment portfolio details for Evolution Robotics
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- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
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Provider of a social casino gaming platform
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Online casino slot games are developed for various platforms.
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Casino table games and technology are developed and distributed.
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Complete acquisition details for Evolution Robotics
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- Transaction dates
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Financial Statements - Evolution Robotics
Detailed financials for Evolution Robotics
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Evolution Robotics Comparisons
Peer comparison for Evolution Robotics
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Competitors of Evolution Robotics
Evolution Robotics 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 MPL, Betfair Group, Flutter Entertainment, Superbet and FDJ, among others.
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Real money skill-based gaming is facilitated through an online platform.
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Online sports betting exchange services are operated internationally.
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Gambling services are provided via sports betting and online platforms.
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Online gambling platform
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FDJ is operated as a leading lottery and gambling provider in France.
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Detailed competitors of Evolution Robotics
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Evolution Robotics
Complete news archive for Evolution Robotics
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- Brand-specific news history
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Frequently Asked Questions about Evolution Robotics
Evolution Robotics was founded in 2001 and raised its 1st funding round 7 years after it was founded.
Evolution Robotics is headquartered in Pasadena, United States. It is registered at Pasadena, California, United States.
Evolution Robotics is a funded company, having raised a total of $13.88M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Evolution Robotics is 15,380.
Annual revenue of Evolution Robotics is $2.14B as on Dec 31, 2024.
Evolution Robotics was founded in 2001 in Pasadena, United States, and operates in the robotics sector. Solutions for robotic applications are developed, including the MINT robot for hard-surface floor cleaning. The ERSPA platform is offered as a software infrastructure for projects involving computer vision, navigation, path planning, and human-robot interaction. Operations focus on intelligent products and development tools for robotics functionality.
Evolution Robotics's top competitors include MPL, Baazi Games and Flutter Entertainment.
Evolution Robotics offers Live Baccarat, Live Poker, Live Roulette, Live Blackjack, and Slots.
Yes, Evolution Robotics is publicly traded on OMXSTO under the ticker symbol EVO.
Evolution Robotics has made 4 acquisitions, including Galaxy Gaming, Livespins, and NetEnt.
Evolution Robotics has 7 investors. Key investors include iRobot, Vodafone, Datalogic, European Union, and CMEA Capital.
The ticker symbol of Evolution Robotics is EVO on OMXSTO.