When was Evolent founded?

Evolent was founded in 2010 and raised its 1st funding round 3 years after it was founded.

Where is Evolent located?

Evolent is headquartered in Arlington, United States. It is registered at Arlington, Virginia.

Who is the current CEO of Evolent?

Seth Blackley and Steve Tutewohl s of Evolent.

How many employees does Evolent have?

As of Aug 31, 2026, the latest employee count at Evolent is 3794.

Is Evolent a funded company?

Evolent is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Sep 30, 2013.

When was the latest funding round of Evolent?

Evolent's latest funding was a $***** Series B round on Sep 30, 2013, with participation from 3 investors. Its primary sector is Healthcare IT. In United States, the Healthcare IT sector has seen $6.1B in funding in 2026 to date.

What is the annual revenue of Evolent?

Annual revenue of Evolent is more than $1B as on Dec 31, 2025

Where does Evolent rank among its competitors?

Evolent ranks 5th amongst 50 active competitors, of which 12 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Aledade, which secured $500M in Dec, 2025.

Who are the top competitors of Evolent?

Evolent's top competitors include Aledade, Arcadia and Lumeris. Among them, Aledade secured the most recent funding round in December, 2025.

Evolent - 2026 Company Profile, Team, Funding, Competitors & Financials

Evolent is a public company based in Arlington (United States), founded in 2010 by Seth Blackley. It operates as a Provider of intelligent solutions for complex health conditions, partnering with health plans and physicians to achieve better outcomes. Evolent has raised $124M in funding from investors like Advisory, TPG and UPMC Health Plan. The company has 50 active competitors, including 12 funded and 12 that have exited. Its top competitors include companies like Aledade, Arcadia and Lumeris.

Company Details

Evolent partners with health plans and physicians to deliver intelligent solutions for complex conditions. Their focus is on transforming healthcare to achieve better outcomes for individuals with complex health needs.

Website: www.evolent.com/
Social
Registered Address: Arlington, Virginia

Key Metrics

Founded Year

2010

Location

Arlington, United States

Stage

Public

Total Funding

$124M in 1 round

Latest Funding Round

Series B, Sep 30, 2013, $*****

Investors

Advisory & 3 more

Ranked

5^th among 50 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

3,794 as on Aug 31, 2026

Investment & Acquisitions

IPG

Similar Companies

Aledade & 65 more

Exit Details

Public

View Evolent's full profile

Evolent is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Evolent Health LLC CIN: 20218172451 , United States, Active	Dec 16, 2021	-	-	-
EVOLENT HEALTH LLC CIN: 32050686669 , United States, Active	Jan 13, 2016	-	-	-
EVOLENT HEALTH INTERNATIONAL PRIVATE LIMITED CIN: U72900PN2016FTC158737 , India, Active	Mar 10, 2016	₹100 - ₹500 Cr (As on Mar 31, 2022)	977 (As on Feb 29, 2024)
EVOLENT HEALTH LLC CIN: 453084136 , United States, Active	Dec 31, 1999	-	3226 (As on Dec 31, 2024)	-
EVOLENT HEALTH, INC. CIN: 5657253 , United States, Active	Dec 11, 2014	$1B+ (As on Dec 31, 2025)	3500 (As on Dec 31, 2021)	-

Evolent got listed on Jun 05, 2015.

Click here to take a look at Evolent's IPO in detail

Evolent has raised a total funding of $124M over 1 round. Its latest funding round was a Series B round on Sep 30, 2013 for $*****. 3 investors participated in its latest round. Evolent has 4 institutional investors.

Here is the list of recent funding rounds of Evolent:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 30, 2013	5775514	Series B	5953985	9637998	8512213	3364810

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View details of Evolent's funding rounds and investors

The founders of Evolent is Seth Blackley. Seth Blackley is the CEO of Evolent.

Here are the details of Evolent's key team members:

Seth Blackley: Co-Founder & CEO of Evolent and founder of 1 other company.
Steve Tutewohl: CEO of Evolent.

View details of Evolent's Founder profiles and Board Members

Evolent's employee count trend

Evolent has 3,794 employees as of Aug 26. Here is Evolent's employee count trend over the years:

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Top competitors of Evolent include Aledade, Arcadia and Lumeris. Here is the list of Top 10 competitors of Evolent, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aledade 2014, Bethesda (United States), Series F	Provider of primary care physician platform to deliver care for patients	$780M	Meritech, Biomatics Capital & 18 others	72/100
2nd	Arcadia 2002, Boston (United States), Acquired	Provider of AI-based healthcare data analytics platform for healthcare organizations	$72.5M	Cigna Ventures, General Electric & 6 others	67/100
3rd	Lumeris 2001, Maryland Heights (United States), Series D	AI-powered solutions for value-based primary care transformation	$406M	Deerfield, JDLinx & 10 others	66/100
4th	Guidehealth 2023, Dallas (United States), Seed	Provider of a technology-based care platform enabling PCPs and specialists in value-based care	$24M	Memorial Hermann, Emory Healthcare	57/100
5th	Evolent 2010, Arlington (United States), Public	Provider of intelligent solutions for complex health conditions, partnering with health plans and physicians to achieve better outcomes	$124M	TA Associates, TPG & 2 others	55/100
6th	Aetion 2012, New York City (United States), Acquired	Real-world evidence solutions transforming healthcare decisions with data-driven insights	$212M	Greenspring Associates, Sanofi Ventures & 17 others	49/100
7th	Conifer Health Solutions 2008, Frisco (United States), Acquired	Revenue cycle management solutions optimizing healthcare financial performance and patient experience	-	-	48/100
8th	AMC Health 2002, New York City (United States), Series A	Telehealth-enabled population health management solutions	$870K	York Capital Management	46/100
9th	Prevounce 2016, Agoura Hills (United States), Series A	Provider of value-based care and remote patient monitoring solutions for practitioners	$7M	Cloudshill & 1 others	46/100
10th	Valence Health 1996, Chicago (United States), Acquired	Provider of clinical integration and health plan services.	$45M	Ardan Equity Partners, Guidepost Growth Equity ... & 3 others	45/100