About Evolv Technology
Evolv Technology is a publicly listed company based in Waltham (United States) founded in 2013 by Michael Ellenbogen and Anil Chitkara. Advanced security detection technology is provided for safer environments. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. Evolv Technology has raised $109.61 million across 12 funding rounds from investors including SVB, Jeb Bush and Stanley Ventures. The company has 287 employees. Its website evolv.com draws about 28 thousand monthly visits. Evolv Technology offers products and services including Evolv Express®, Evolv eXpedite™, and Evolv Insights®. Its focus areas include Technology, Security Technology and Weapons Detection. Its legal entity is Evolv Technologies Holdings, Inc. Its competitors include Viken Detection, Safeview and Rapiscan Systems; 2 of its 3 listed competitors have raised funding.
Company details
Evolv Technology is focused on creating safer experiences through advanced security detection systems. AI-driven solutions are developed to detect concealed weapons and enhance security across various sectors including healthcare, education, entertainment, and corporate environments. Products like Evolv Express and Evolv eXpedite are designed for high-throughput screening of people and bags. Analytics through Evolv Insights are offered to improve operational efficiency. Integration capabilities with other security systems are provided via an Open API to ensure comprehensive situational awareness and rapid response to threats.
- Headquarters Waltham, United States
- Employees 287
- Founders Michael Ellenbogen, Anil Chitkara
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Website category Business and Consumer Services · Online Marketing
- Phone•••• ••••
- Website evolv.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Evolv Technologies Holdings, Inc.
- Annual Revenue$145.91 M (USD)40.48as on Dec 31, 2025
- Net Profit-$33.14 M (USD)38.65as on Dec 31, 2025
- EBITDA-$20.46 M (USD)68.38as on Dec 31, 2025
- Total Equity Funding$109.61M (USD)
in 12 rounds
- Latest Funding Round$5.66M (USD), Post-IPO
Aug 2025
- InvestorsSVB
& 11 more
- Employee Count287
Products & Services of Evolv Technology
Evolv Technology offers a comprehensive portfolio of products and services, including Evolv Express®, Evolv eXpedite™, and Evolv Insights®.
Concealed weapons are detected as people walk through.
Autonomous bag screening is provided during walk-through process.
Dashboards and reports are provided for operational efficiency.
Apps and channels of Evolv Technology
its YouTube channel Evolv Technology has 1.22K subscribers and 30 videos.
Videos from Evolv Technology
The most watched videos on Evolv Technology's YouTube channel, Evolv Technology (1.22K subscribers). Click a video to play it here.
More on Evolv Technology.
Funding Insights of Evolv Technology
Evolv Technology has successfully raised a total of $109.61M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5.66 million completed in August 2025. 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 $109.61M
- Total Rounds 12
- Last Round Post-IPO — $5.66M
- First Round $11.82M
(Oct 2013)
- Investors Count 12
Latest 10 of 12 funding rounds of Evolv Technology 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 |
|---|---|---|---|---|---|
| Aug 2025 | $5.66M | Post-IPO | – | – | – |
| Dec 2022 | $75M | Debt – Venture | – | – | |
| Feb 2021 | $14.53M | Post-IPO | – | – | – |
| Aug 2020 | Series C | – | Stanley Ventures | ||
| Jan 2020 | $30M | Series C | – | DCVC, General Catalyst | |
| Oct 2019 | $24.1M | Series B | – | – | – |
| Sep 2019 | $5.11M | Series B | – | – | – |
| Jul 2018 | $12.58M | Series B | – | – | – |
| Mar 2017 | $18M | Series B | – | General Catalyst, Lux Capital | |
| Aug 2016 | $8M | Series A | – | – | – |
12 investors in total: 10 institutional and 2 angel.
Investors in Evolv Technology
Evolv Technology has secured backing from 12 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include SVB, Jeb Bush and Stanley Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Strategic investments are made in innovative startups by Stanley Ventures. | stanleyventures.com | |||
Venture capital firm focused on multiple sectors | dcvc.com | Palo Alto, United States | ||
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | |||
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
US focused early stage VC firm | sinewave.vc | Mclean, United States | ||
Middle-market and growth equity investments are targeted by the firm. | finbackpartners.com | Coral Gables, United States | ||
Venture capital firm | iqt.org | Washington, Dc, United States | ||
Early- to growth-stage startups are targeted for venture capital investments. | oup.vc | Bala Cynwyd, United States | ||
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
Gate Ventures is an investment firm specializing in the music, entertainment, and media sectors. | 2015 | gateplc.com | London, United Kingdom |
Investor details for Evolv Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Evolv Technology
48 people are tracked at Evolv Technology (23 in leadership, 13 in board & advisors, 12 in team); the tracked headcount is 287.
| Name | Role | Group |
|---|---|---|
Michael Ellenbogen | Co-Founder & Chief Innovation Officer | Leadership |
Anil Chitkara | Co-Founder & Chief Growth Officer | Leadership |
Alec Rose | Chief Scientist | Leadership |
Alexandra Smith Ozerkis | VP, Communications | Leadership |
Steve Morandi | VP, Product | Leadership |
Tim Rodgers | Director Of Sales Operations | Leadership |
John Kedzierski | CEO, President, & Director | Leadership |
Liza Knapp | Head of People | Leadership |
John Baier | VP, Professional Sports | Leadership |
Peter Vittands | VP, Cybersecurity & IT | Leadership |
Jason Grellner | VP, Healthcare | Leadership |
Parag Vaish | Chief Product Officer | Leadership |
Justin B. | Director Of Sales | Leadership |
Neil Sandhoff | VP, North America Sales | Leadership |
Glenn Keighley | Vice President Of Product Management | Leadership |
Hari Tadepalli | Sr Director Of Product Security | Leadership |
Jill Lemond | Head of Education | Leadership |
Jeff Seifert | Sr. Director Of Channel Sales | Leadership |
Dave Rawden | Interim Chief Financial Officer | Leadership |
Josh Mooney | Director Of Brand Experience | Leadership |
28 more people are available in the full profile.
Complete people profiles for Evolv Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Evolv Technology
Evolv Technology is a publicly listed company on the NASDAQ with ticker symbol EVLV in USA, operating in the Electronic technology 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.
- IPO date22 Sep 2020
- Listed onNASDAQ: EVLV
- Listed entityEvolv Technologies Holdings, Inc.
- Exchange sectorElectronic technology
- ISINUS30049H1023
- Share price$4.27 (-1.16% on the day) · 2026-10-13
- Market capitalisation$773.4M
- EPS (diluted, trailing year)$-0.03
- Volume (last session)2,521,756
Financials of Evolv Technology
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $145.9M | -$33.1M | -$20.5M |
| 2024 | $103.9M | -$54.0M | -$64.7M |
| 2023 | $79.6M | -$108.0M | -$80.0M |
| 2022 | $55.2M | -$86.4M | -$84.7M |
| 2021 | $23.4M | -$10.9M | -$50.5M |
Detailed financial statements for Evolv Technology
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Evolv Technology
4 dated milestones of Evolv Technology across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Evolv Technology is founded.
- Funding First funding round of $11.8M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $5.7M.
Competitors of Evolv Technology
Evolv Technology has 3 listed competitors in our database, 2 of them funded. They include Viken Detection, Safeview and Rapiscan Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vikendetection.com | 2013 | Burlington, United States | $29.95M | 31 | Vehicle forensic solutions are provided for public safety management. | |
| safe-view.com | 2002 | Woburn, United States | $22M | Holographic imaging technology is manufactured for security screening applications. | ||
| rapiscansystems.com | 1993 | Torrance, United States | 25 | Manufcaturer of scanner systems |
Detailed competitors of Evolv Technology
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Evolv Technology
The website of Evolv Technology (evolv.com) receives about 27.6K visits a month and ranks #970,772 among all websites worldwide, #2,143 in Online Marketing.
- Monthly visits27.6K
▼ 17.2% vs previous month
- Unique visitors16.5K
per month
- Global rank#970,772
among all websites
- Category rank#2,143
Business and Consumer Services · Online Marketing
- Bounce rate51%
- Pages per visit1.5
- Average visit26 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with Evolv Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zeroeyes.com | 100% | 25.2K | #1,213,381 | View details | |
d1inc.com | d1inc.com | 100% | – | ||
| securitastechnology.com | 86% | 73.1K | #388,035 | View details | |
| evolvsports.com | 86% | 73.1K | #408,727 | View details | |
tryevolv.com | tryevolv.com | 85% | #893,766 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Evolv Technology
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 21 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Physical Security & Surveillance
3 companies that operate in the same segment as Evolv Technology (Physical Security & Surveillance) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Evolv Technology
Complete news archive for Evolv Technology
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Evolv Technology
Evolv Technology was founded in 2013.
Evolv Technology is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Evolv Technology is a funded company, having raised a total of $109.61M across 12 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Oct 2013.
Evolv Technology has 287 employees.
Annual revenue of Evolv Technology is $145.91M as on Dec 31, 2025.
Evolv Technology is focused on creating safer experiences through advanced security detection systems. AI-driven solutions are developed to detect concealed weapons and enhance security across various sectors including healthcare, education, entertainment, and corporate environments. Products like Evolv Express and Evolv eXpedite are designed for high-throughput screening of people and bags. Analytics through Evolv Insights are offered to improve operational efficiency. Integration capabilities with other security systems are provided via an Open API to ensure comprehensive situational awareness and rapid response to threats.
Evolv Technology's top competitors include Viken Detection, Rapiscan Systems and Safeview.
Evolv Technology offers Evolv Express®, Evolv eXpedite™, and Evolv Insights®.
Yes, Evolv Technology is publicly traded on NASDAQ under the ticker symbol EVLV.
Evolv Technology has 12 investors. Key investors include SVB, Jeb Bush, Stanley Ventures, Bill Gates, and DCVC.
Evolv Technology operates through Evolv Technologies Holdings, Inc..