About Evolve
Evolve is a company based in Mumbai (India) founded in 2017 by Anshul Kamath and Rohan Arora. It operates as a SaaS (Software-as-a-Service), Freemium, and HealthTech. Evolve has raised $676.46 thousand across 2 funding rounds from investors including Rajesh Ranavat, Indian Angel Network and Ankit Mehrotra. Evolve offers products and services including Evolve App, Interactive Workshops, and Meditation Sessions. Evolve operates in a competitive market with competitors including Wysa, Headspace, Calm, BigHealth and Meditopia, among others.
- Headquarter Mumbai, India
- Founders Anshul Kamath, Rohan Arora
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Sectors
Healthcare
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Email
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Phone
Locked
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$676.46 K (USD)
in 2 rounds
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Latest Funding Round
$300.93 K (USD), Seed
Dec 19, 2023
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Investors
Indian Angel Network
& 3 more
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Employee Count
Not available
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Products & Services of Evolve
Evolve offers a comprehensive portfolio of products and services, including Evolve App, Interactive Workshops, and Meditation Sessions.
A platform for meditation and personal growth support.
Workshops designed to enhance self-love and acceptance.
Bite-sized meditations for stress reduction and happiness.
Funding Insights of Evolve
Evolve has successfully raised a total of $676.46K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $300.93 thousand completed in December 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.
Investors in Evolve
Evolve has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Rajesh Ranavat, Indian Angel Network and Ankit Mehrotra.
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Angel investor network investing in early-stage startups
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Rajesh Ranavat |
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Ankit Mehrotra |
Co-founder of Dineout, active angel investor in Indian startups
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Investor details for Evolve
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Evolve
Investment portfolio details for Evolve
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - Evolve
Detailed financials for Evolve
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Evolve Comparisons
Peer comparison for Evolve
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Evolve
Evolve 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 Wysa, Headspace, Calm, BigHealth and Meditopia, among others.
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AI-driven mental health support platform is provided by Wysa.
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Mindfulness and mental wellness tools and services are provided.
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Meditation, sleep, and relaxation are supported via a digital app.
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Digital CBT therapy is offered for insomnia patients.
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Music-led guided meditations for mindfulness and mental health are offered.
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Mobile app for yoga, mindfulness, and trainer connections provided.
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Detailed competitors of Evolve
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Evolve
Complete news archive for Evolve
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Frequently Asked Questions about Evolve
Evolve was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Evolve is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Evolve is a funded company, having raised a total of $676.46K across 2 funding rounds to date.
A digital platform for mental health and personal growth is offered by Evolve. Services including meditation, self-care routines, and interactive workshops are provided. The focus is placed on inclusivity, especially for marginalized and LGBTQ communities. Solutions for stress reduction, self-love, and mindfulness are made accessible worldwide. The platform serves over a million users through innovative digital interventions. Support for workplace mental health programs is also extended to organizations.
Evolve offers Evolve App, Interactive Workshops, and Meditation Sessions.
Evolve has 4 investors. Key investors include Rajesh Ranavat, Indian Angel Network, Ankit Mehrotra, and Nikhil Bakshi.