About Evotix
Evotix is a company based in Melbourne (Australia) founded in 1996 was acquired by SAI360 in May 2023.. Evotix has raised $13.27 million across 3 funding rounds from investors including Mercia, Scottish Enterprise and SAI360. Evotix has completed 1 acquisition, including StoryShare. Evotix offers products and services including Safety & Compliance Software, Incident Management, Risk Management, Training Management, and ESG & Sustainability. Evotix operates in a competitive market with competitors including Enablon, ComplianceQuest, Cority, ProcessMAP and VelocityEHS, among others.
- Headquarter Melbourne, Australia
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Sectors
Technology
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Email
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Phone
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Website
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Products & Services of Evotix
Evotix offers a comprehensive portfolio of products and services, including Safety & Compliance Software, Incident Management, Risk Management, Training Management, and ESG & Sustainability. 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.
Manages safety incidents and regulatory obligations for businesses.
Handles reporting and analysis of workplace incidents efficiently.
Evaluates and mitigates risks to enhance business safety.
Delivers custom EHS training content via mobile app.
Monitors emissions and sustainability metrics for compliance.
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Funding Insights of Evotix
Evotix has successfully raised a total of $13.27M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $9.06 million completed in February 2020. 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 3
- Last Round Series B — $9.1M
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First Round
First Round
(20 Feb 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2020 | Amount | Series B - Evotix | Valuation | Frog Capital | |
| Jan, 2020 | Amount | Grant - Evotix | Valuation |
investors |
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| Feb, 2018 | Amount | Series A - Evotix | Valuation |
investors |
| 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 Evotix
Evotix has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Mercia, Scottish Enterprise and SAI360. 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 investing in European software scale-up companies
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Founded Year | Domain | Location | |
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Private equity investments are managed across the UK.
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Founded Year | Domain | Location | |
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Investment management services are provided by Mercia to various clients.
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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 Evotix
Evotix has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include StoryShare. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Social networking platform for employees
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Evotix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Evotix Comparisons
Competitors of Evotix
Evotix 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 Enablon, ComplianceQuest, Cority, ProcessMAP and VelocityEHS, 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 |
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| domain | founded_year | HQ Location |
Software solutions for sustainability, EHS, and risk management are offered.
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| domain | founded_year | HQ Location |
AI and cloud-based quality management system for enterprises is provided.
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| domain | founded_year | HQ Location |
Cloud-based QEHS software solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based compliance solutions for health and safety risks are provided.
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| domain | founded_year | HQ Location |
SaaS-based EHS compliance software is provided for global enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Evotix
Frequently Asked Questions about Evotix
When was Evotix founded?
Evotix was founded in 1996 and raised its 1st funding round 22 years after it was founded.
Where is Evotix located?
Evotix is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Evotix?
Matthew Elson is the current CEO of Evotix.
Is Evotix a funded company?
Evotix is a funded company, having raised a total of $13.27M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.2M, raised on Feb 20, 2018.
What does Evotix do?
Evotix was founded in 1996 and is headquartered in Melbourne, Australia. Cloud-based software for integrated EHS compliance management is offered, with tools for handling risks, incidents, audits, and inspections. Engagement with personnel and data analytics is facilitated through the platform. Subscription-based access is available to users. Clients including New Balance, GSK, NetworkRail, CAF, and Eddie Stobart are supported in the environmental health and safety sector.
Who are the top competitors of Evotix?
Evotix's top competitors include ProcessMAP, Enablon and VelocityEHS.
What products or services does Evotix offer?
Evotix offers Safety & Compliance Software, Incident Management, Risk Management, Training Management, and ESG & Sustainability.
How many acquisitions has Evotix made?
Evotix has made 1 acquisition, including StoryShare.
Who are Evotix's investors?
Evotix has 5 investors. Key investors include Mercia, Scottish Enterprise, SAI360, NVM Private Equity, and Frog Capital.