EVOLVE Brands

Gurugram, India Founded: 2018 • Age: 8 yrs
Serves as a brand offering organic snacks.
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Annual revenue $744,929 Latest available
Total funding $870,850 2 rounds
Employees - Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About EVOLVE Brands

EVOLVE Brands is a company based in Gurugram (India) founded in 2018. It operates as a B2C. EVOLVE Brands has raised $870.85 thousand across 2 funding rounds. EVOLVE Brands has completed 2 acquisitions, including Gorilly Goods and Supernola. EVOLVE Brands operates in a competitive market with competitors including Tosi, NatureBox, Over Easy, FitJoy and UNREAL, among others.

  • Headquarter Gurugram, India
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Legal Name Evolve Snacks Private Limited
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Consumer → Food, Beverage & Nutrition → →
Key Metrics
  • Annual Revenue
    $744.93 K (USD)
    78.74
    as on Mar 31, 2023
  • Net Profit
    -$31.22 K (USD)
    30.46
    as on Mar 31, 2023
  • EBITDA
    -$29.92 K (USD)
    20.27
    as on Mar 31, 2023
  • Total Equity Funding
    $870.85 K (USD)

    in 2 rounds

  • Latest Funding Round
    $112 K (USD), Seed

    Mar 11, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Gorilly Goods

    & 1 more

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Funding Insights of EVOLVE Brands

EVOLVE Brands has successfully raised a total of $870.85K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $112 thousand completed in March 2022. 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 Rounds 2
  • Last Round Seed — $112,000
  • First Round

    (18 Feb 2020)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Seed - EVOLVE Brands Valuation

investors
Feb, 2020 Amount Seed - EVOLVE Brands Valuation

investors

Investments & Acquisitions by EVOLVE Brands

EVOLVE Brands has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Gorilly Goods and Supernola.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Supernola
Grain-free snacks are offered by Supernola in various flavors.
2016
Gorilly Goods
Organic savory snacks are produced and distributed by Gorilly Goods.
2012

Financial Statements - EVOLVE Brands

Evolve Brands Comparisons

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Competitors of EVOLVE Brands

EVOLVE Brands 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 Tosi, NatureBox, Over Easy, FitJoy and UNREAL, among others.

Company Name Domain Founded year HQ Location Description
Tosi
domain founded_year HQ Location
Healthy snacks and supplements
NatureBox
domain founded_year HQ Location
Healthy snacks are provided via an online subscription platform.
Over Easy
domain founded_year HQ Location
Internet first brand offering healthy breakfast shakes and bars
FitJoy
domain founded_year HQ Location
Protein bars are branded and distributed by FitJoy.
UNREAL
domain founded_year HQ Location
Healthy snacks with real ingredients are provided without artificial additives.
Brami
domain founded_year HQ Location
Internet-first brand offering pasta and more

Latest news on Evolve Brands

Evolve Brands seeks to take snacking to another level
Biztimes • 7 years ago
EVOLVE Brands LLC announces intention to acquire Gorilly Goods and Supernola
Prnewswire • 8 years ago

Frequently Asked Questions about EVOLVE Brands

EVOLVE Brands was founded in 2018 and raised its 1st funding round 2 years after it was founded.

EVOLVE Brands is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

EVOLVE Brands is a funded company, having raised a total of $870.85K across 2 funding rounds to date. The company's 1st funding round was a Seed of $758.85K, raised on Feb 18, 2020.

Annual revenue of EVOLVE Brands is $744.93K as on Mar 31, 2023.

EVOLVE Brands operates with a B2C model, focusing on producing consumer products, food and beverage, snacks, and organic products. Serves as a brand offering organic snacks. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

EVOLVE Brands's top competitors include NatureBox, Tosi and UNREAL.

EVOLVE Brands has made 2 acquisitions, including Gorilly Goods, and Supernola.

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