About Evolv AI
Evolv AI is a Technology company based in San Francisco (United States) founded in 2019. Evolv AI is focused on AI-led experience optimization for digital journeys. It operates on a AI-as-a-Service and Subscription Services model. Evolv AI has raised $23.3 million across 2 funding rounds from investors including Tata Communications, Horizons Ventures and NJF Capital. Evolv AI has completed 2 acquisitions, including Ascend AI and Sentient Investment Management. Its website evolv.ai draws about 14 thousand monthly visits. Evolv AI offers products and services including Evolv AI Platform, Ideate with AI, Advance with Analytics, and Activate Optimization. Its focus areas include Artificial Intelligence, Experience Optimization, Retail and E-Commerce. Its competitors include User Testing, dscout and AB Tasty; 3 of its 3 listed competitors have raised funding.
Company details
Evolv AI is dedicated to optimizing digital user experiences through AI and machine learning technologies. The company operates in sectors like e-commerce, retail, media, communications, and enterprise solutions. Its platform is designed to identify conversion blockers, generate UX recommendations, and deploy real-time personalization. Advanced analytics and integrations with existing tech stacks are utilized to refine strategies and enhance decision-making. Continuous optimization and active learning are employed to ensure impactful, adaptive customer journeys across multiple touchpoints.
- Total Equity Funding$23.3M (USD)
in 2 rounds
- Latest Funding Round$13.3M (USD), Series A
Nov 2023
- InvestorsTata Communications
& 6 more
- Investments & AcquisitionsAscend AI
& 1 more
Products & Services of Evolv AI
Evolv AI offers a comprehensive portfolio of products and services, including Evolv AI Platform, Ideate with AI, Advance with Analytics, and Activate Optimization.
AI-driven platform for optimizing digital user experiences.
Generates UX opportunities using real-time data insights.
Integrates analytics for deeper UX strategy refinement.
Deploys AI testing for real-time journey optimization.
Apps and channels of Evolv AI
its YouTube channel Evolv AI has 152 subscribers and 30 videos.
Videos from Evolv AI
The most watched videos on Evolv AI's YouTube channel, Evolv AI (152 subscribers). Click a video to play it here.
More on Evolv AI.
Funding Insights of Evolv AI
Evolv AI has successfully raised a total of $23.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.3 million completed in November 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.
- Total Funding $23.3M
- Total Rounds 2
- Last Round Series A — $13.3M
- First Round $10M
(Mar 2019)
- Investors Count 7
All 2 funding rounds of Evolv 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 |
|---|---|---|---|---|---|
| Nov 2023 | $13.3M | Series A | – | Horizons Ventures | |
| Mar 2019 | $10M | Series A | – | Horizons Ventures |
7 investors in total: 7 institutional.
Investors in Evolv AI
Evolv AI has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Tata Communications, Horizons Ventures and NJF Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Horizons Ventures is focused on investing in deep science and technology. | horizonsventures.com | Hong Kong, China | ||
Venture capital investments are directed toward multiple sectors. | njfcapital.com | London, United Kingdom | ||
Venture capital is invested in multiple sectors by Engage. | engage.vc | Atlanta, United States | ||
Tech-focused VC firm funding companies in the US | accesstechnologyventures.com | New York, United States | ||
Private equity investments in China are managed by BlackPine. | bppe.com | Hong Kong, China | ||
Managed WiFi, internet, and cellular network services are provided. | 1985 | tatacommunications.com | Mumbai, India | |
| majorgroupasia.tcc.mode |
Investor details for Evolv AI
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People of Evolv AI
20 people are tracked at Evolv AI (9 in leadership, 2 in board & advisors, 9 in team).
| Name | Role | Group |
|---|---|---|
Michael Scharff | CEO | Leadership |
Tyler Foster | Chief Technology Officer | Leadership |
Kelly Hudson | Head of HR & Legal | Leadership |
Megan Wells | VP of Marketing | Leadership |
Rob Severn | VP of Engineering | Leadership |
Katie Green | Account Director | Leadership |
Elease Humes | Head Of Partnerships + Evangelism | Leadership |
Andrew Parker | CFO | Leadership |
Leila Meidam | Director, Client Services | Leadership |
Bart Swanson | Chairman | Board & advisors |
Andrew Wait | Board Member | Board & advisors |
Sam Nazari | SVP of Sales North America | Team |
Aaron Shagrin | Strategic Advisor | Team |
Matthew Ruddock | Optimization Test Lead / PM | Team |
Thejas Prasad | Machine Learning Engineer | Team |
Adam Cheyer | Advisor | Team |
Sean Gallaher | Enterprise Account Executive | Team |
Dylan MacDonald | Delivery Manager | Team |
Johnathan Andersen | Senior User Experience Designer | Team |
Eugene Ciurana | Adviser, Technology Board | Team |
Complete people profiles for Evolv AI
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Investments & Acquisitions by Evolv AI
Evolv AI has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ascend AI and Sentient Investment Management.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI-driven quantitative strategies are developed for financial trading and investment. | sentientim.com | San Francisco, United States | 2007 | Mar 2019 | •••• | |
AI-based analytics software solutions are provided for e-commerce businesses. | ascend.ai | 2017 | Mar 2019 | •••• |
Complete acquisition details for Evolv AI
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Timeline of Evolv AI
5 dated milestones of Evolv AI across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Evolv AI is founded.
- Funding First funding round of $10.0M.
- Acquisition Acquires Ascend AI.
- Acquisition Acquires Sentient Investment Management.
- Funding Latest funding round, Series A, of $13.3M.
Competitors of Evolv AI
Evolv AI has 3 listed competitors in our database, 3 of them funded. They include User Testing, dscout and AB Tasty.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| usertesting.com | 2007 | San Francisco, United States | $148.5M | 557 | Automated usability testing and feedback for mobile experiences is provided. | |
| dscout.com | 2011 | Chicago, United States | $81.05M | 127 | User feedback is gathered via cloud-based web and mobile platforms. | |
| abtasty.com | 2009 | New York, United States | $63.87M | Website content is optimized via A/B testing and multivariate analysis. |
Detailed competitors of Evolv AI
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Web traffic of Evolv AI
The website of Evolv AI (evolv.ai) receives about 13.9K visits a month.
- Monthly visits13.9K
▲ 19.1% vs previous month
Websites whose visitors overlap most with Evolv AI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| flowable.com | 100% | #383,221 | View details | ||
| heap.io | 100% | 143.8K | #329,141 | View details | |
bairesdev.com | bairesdev.com | 96% | #30,886 | – | |
| dragonflyai.co | 95% | 33.4K | #958,217 | View details | |
| alteryx.com | 95% | 551.2K | #83,419 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Evolv AI
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Top companies in Collaboration & Community Tools
3 companies that operate in the same segment as Evolv AI (Collaboration & Community Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based omnichannel communication and customer engagement platform is utilized. | 2008 | San Francisco, California, United States | USD 239.77 M | USD 5.07 B | 5,540 | |
AI-powered platform manages marketing creatives and customer journeys. | 1982 | San Jose, California, United States | USD 23.77 B | 30,710 | ||
AI powered customer experience management software | 2001 | Pleasanton, California, United States | USD 344.39 M | USD 477.22 M | 5,437 |
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Related news about Evolv Ai
Complete news archive for Evolv AI
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Frequently Asked Questions about Evolv AI
Evolv AI was founded in 2019.
Evolv AI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Evolv AI is a funded company, having raised a total of $23.3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Mar 2019.
Evolv AI is dedicated to optimizing digital user experiences through AI and machine learning technologies. The company operates in sectors like e-commerce, retail, media, communications, and enterprise solutions. Its platform is designed to identify conversion blockers, generate UX recommendations, and deploy real-time personalization. Advanced analytics and integrations with existing tech stacks are utilized to refine strategies and enhance decision-making. Continuous optimization and active learning are employed to ensure impactful, adaptive customer journeys across multiple touchpoints.
Evolv AI's top competitors include User Testing, dscout and AB Tasty.
Evolv AI offers Evolv AI Platform, Ideate with AI, Advance with Analytics, and Activate Optimization.
Evolv AI has made 2 acquisitions, including Ascend AI, and Sentient Investment Management.
Evolv AI has 7 investors. Key investors include Tata Communications, Horizons Ventures, NJF Capital, Engage, and Major Group Asia.