About Evolv
Evolv is a company based in Buena Park (United States) founded in 2003 was acquired by Oberalp in June 2019. It operates as a Direct-to-Consumer (D2C). Evolv has raised $15 million across 1 funding round from investors including Lightspeed Venture Partners, Khosla Ventures and VantagePoint Capital Partners. Evolv offers products and services including Climbing Shoes, Chalk Bags, and Street Shoes. Evolv operates in a competitive market with competitors including BRUNT, Tommie Copper, FitVille, SA Fishing and Outlier, among others.
- Headquarter Buena Park, United States
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Oberalp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Series D
Mar 12, 2013
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Investors
Lightspeed Venture Partners
& 5 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Evolv
Evolv offers a comprehensive portfolio of products and services, including Climbing Shoes, Chalk Bags, and Street Shoes. 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.
Climbing shoes are designed for rock climbing performance.
Chalk bags are provided for climbers' grip enhancement.
Street shoes are offered for casual everyday wear.
Funding Insights of Evolv
Evolv has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series D round of $15 million completed in March 2013. 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 1
- Last Round Series D — $15.0M
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First Round
First Round
(12 Mar 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2013 | Amount | Series D - Evolv | Valuation | VantagePoint Capital Partners , GGV Capital |
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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 |
Investors in Evolv
Evolv has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Khosla Ventures and VantagePoint Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Evolv
| 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 |
Financial Statements - Evolv
| 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 |
Evolv Comparisons
Competitors of Evolv
Evolv 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 BRUNT, Tommie Copper, FitVille, SA Fishing and Outlier, 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 |
Workwear fashion products are sold via an online platform.
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| domain | founded_year | HQ Location |
Copper-infused compression apparel and pain-relief products are provided.
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| domain | founded_year | HQ Location |
Internet first brand offering performance footwear for men and women
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| domain | founded_year | HQ Location |
Multi-category fashion products are offered online by SA Fishing.
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| domain | founded_year | HQ Location |
High performance clothing is designed for urban and wild environments by Outlier.
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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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Frequently Asked Questions about Evolv
When was Evolv founded?
Evolv was founded in 2003 and raised its 1st funding round 10 years after it was founded.
Where is Evolv located?
Evolv is headquartered in Buena Park, United States. It is registered at Buena Park, California, United States.
Is Evolv a funded company?
Evolv is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Series D of $15M, raised on Mar 12, 2013.
What does Evolv do?
Evolv is engaged in the production and distribution of specialized climbing gear, focusing on rock climbing and bouldering equipment. Products such as climbing shoes, chalk bags, and accessories are offered to cater to climbers of various skill levels. The company serves the sports and outdoor recreation sector with a range of solutions including performance-oriented footwear and essentials. Retail presence is maintained through online platforms and a flagship store in Southern California.
Who are the top competitors of Evolv?
Evolv's top competitors include BRUNT, Tommie Copper and FitVille.
What products or services does Evolv offer?
Evolv offers Climbing Shoes, Chalk Bags, and Street Shoes.
Who are Evolv's investors?
Evolv has 6 investors. Key investors include Lightspeed Venture Partners, Khosla Ventures, VantagePoint Capital Partners, GGV Capital, and Oberalp Group.