When was Evocabank founded?

Evocabank was founded in 1990 and raised its 1st funding round 35 years after it was founded.

Where is Evocabank located?

Evocabank is headquartered in Yerevan, Armenia.

How many employees does Evocabank have?

As of Sep 30, 2026, the latest employee count at Evocabank is 533.

Is Evocabank a funded company?

Evocabank is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Oct 23, 2025.

When was the latest funding round of Evocabank?

Evocabank's latest funding was a $***** Conventional Debt round on Oct 23, 2025, with participation from 3 investors.

Where does Evocabank rank among its competitors?

Evocabank ranks 3rd amongst 16 active competitors, only 1 of which is funded. Evocabank, which secured $30M in Oct, 2025.

Who are the top competitors of Evocabank?

Evocabank's top competitors include Ameriabank, Scotiabank and ARMECONOMBANK. Among them, Evocabank secured the most recent funding round in October, 2025.

Evocabank - 2026 Company Profile, Funding & Competitors

Evocabank is a funded company based in Yerevan (Armenia), founded in 1990. It operates as a Commercial bank. Evocabank has raised an undisclosed amount in funding. The company has 16 active competitors, including 1 funded and 3 that have exited. Its top competitors include companies like Ameriabank, Scotiabank and ARMECONOMBANK.

Company Details

Website: www.evoca.am/hy/
Social

Key Metrics

Founded Year

1990

Location

Yerevan, Armenia

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Oct 23, 2025, $*****

Investors

OPEC Fund & 2 more

Ranked

3^rd among 16 active competitors

Employee Count

533 as on Sep 30, 2026

Similar Companies

BMO & 20055 more

View Evocabank's full profile

Evocabank has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Oct 23, 2025 for $*****. 3 investors participated in its latest round. Evocabank has 3 institutional investors.

Here is the list of recent funding rounds of Evocabank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 23, 2025	6330697	Conventional Debt	7057226	1222771	8279767	9635257

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View details of Evocabank's funding rounds and investors

Evocabank's employee count trend

Evocabank has 533 employees as of Sep 26. Here is Evocabank's employee count trend over the years:

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Top competitors of Evocabank include Ameriabank, Scotiabank and ARMECONOMBANK. Here is the list of Top 10 competitors of Evocabank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ameriabank 1992, Yerevan (Armenia), Acquired	Commercial bank	$70M	FMO, EBRD & 4 others	75/100
2nd	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	70/100
3rd	Evocabank 1990, Yerevan (Armenia), Funding Raised	Commercial bank	-	OPEC Fund, EFSE & 1 others	54/100
4th	ARMECONOMBANK 1991, Yerevan (Armenia), Early Stage	Commercial Bank	$10M	FMO, Invest in Visions	51/100
5th	ACBA-Credit Agricole Bank 1996, Yerevan (Armenia), Late Stage	Provider of banking and financial services to individuals, businesses, and farmers	$15M	FMO, Triodos Investment Management & 3 others	50/100
6th	Ardshinbank 2002, Yerevan (Armenia), Series A	Commercial Bank	$10M	Commerzbank, Asian Development Bank	46/100
7th	InecoBank 1996, Yerevan (Armenia), Funding Raised	Commercial bank	-	Microfinance Enhancement Facility, Equator Capital Partners ... Read more	45/100
8th	Araratbank 1991, Yerevan (Armenia), Funding Raised	Commercial Bank	-	Incofin Investment Management, Triodos Investment Management ... & 4 others	45/100
9th	Unibank 2001, Yerevan (Armenia), Funding Raised	Commercial bank	-	FMO	36/100
10th	IDBank 1990, Yerevan (Armenia), Unfunded	Commercial Bank	-	-	36/100