When was Evolv founded?

Evolv was founded in 2013 and raised its 1st funding round within a year of its incorporation.

Where is Evolv located?

Evolv is headquartered in Waltham, United States. It is registered at 500 Totten Pond Road 4th Floor, Waltham, MA 02451, US.

How many employees does Evolv have?

As of May 31, 2026, the latest employee count at Evolv is 323.

Is Evolv a funded company?

Evolv is a funded company, having raised a total of $110M across 11 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 02, 2013.

When was the latest funding round of Evolv?

Evolv's latest funding was a $***** Venture Debt round on Dec 22, 2022, with participation from 1 investor.

What is the annual revenue of Evolv?

Annual revenue of Evolv is between $10M and $50M as on Mar 31, 2024

Where does Evolv rank among its competitors?

Evolv ranks 2nd amongst 66 active competitors, of which 9 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Onyx, which secured $35M in Mar, 2026.

Who are the top competitors of Evolv?

Evolv's top competitors include Epirus, Viken Detection and Onyx. Among them, Onyx secured the most recent funding round in March, 2026.

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

Company Details

Developer of AI-based systems and solutions for threat detection and personal safety. It provides users with a platform that offers weapons detection system that screens individuals at entry points, significantly improving the speed and efficiency of threat screening compared to traditional metal detectors. It also offers safety features like direct connections to experienced safety agents, incident reporting, and automatic check-ins.

Website: evolv.com
Social
Phone Number: +1 **********
Registered Address: 500 Totten Pond Road 4th Floor, Waltham, MA 02451, US

Key Metrics

Founded Year

2013

Location

Waltham, United States

Stage

Public

Total Funding

$110M in 11 rounds

Latest Funding Round

Venture Debt, Dec 22, 2022, $*****

Investors

General Catalyst & 16 more

Ranked

2^nd among 66 active competitors

Annual Revenue

$10M - $50M as on Mar 31, 2024

Employee Count

323 as on May 31, 2026

Investment & Acquisitions

FAE Beauty

Similar Companies

Onyx & 45 more

Exit Details

Public

View Evolv's full profile

Evolv is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EVOLV TECHNOLOGIES HOLDINGS, INC. CIN: 7816834 , United States, Active	Jan 24, 2020	$10M - $50M (As on Mar 31, 2024)	-	-
Evolv Technologies, Inc. CIN: 20161600178 , United States, Active	Sep 01, 2016	-	-	-

Evolv got listed on Sep 22, 2020.

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

Evolv has raised a total funding of $110M over 11 rounds. Its first funding round was on Oct 02, 2013. Its latest funding round was a Venture Debt round on Dec 22, 2022 for $*****. 1 investor participated in its latest round. Evolv has 15 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Evolv:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 22, 2022	6610664	Venture Debt	5473007	8471028	5992114	6644220
Feb 01, 2021	3395852	Post IPO	8354216	7000901	8244923	7079323
Aug 04, 2020	9886320	Series C	6787284	3712101	Stanley Ventures	Jeb Bush Jr & 6 more

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View details of Evolv's funding rounds and investors

The founders of Evolv are Michael Ellenbogen and Anil Chitkara.

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

Michael Ellenbogen: Co-Founder & Chief Innovation Officer of Evolv and founder of 1 other company.
Anil Chitkara: Co-Founder & Chief Growth Officer of Evolv and founder of 1 other company.

View details of Evolv's Founder profiles and Board Members

Evolv's employee count trend

Evolv has 323 employees as of May 26. Here is Evolv's employee count trend over the years:

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Top competitors of Evolv include Epirus, Viken Detection and Onyx. Here is the list of Top 10 competitors of Evolv, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Epirus 2017, Los Angeles (United States), Series D	Developer of high-power microwave systems for electronic warfare and air defense	$595M	8VC, T. Rowe Price & 33 others	69/100
2nd	Evolv 2013, Waltham (United States), Public	Developer of AI-based systems and solutions for threat detection and personal safety	$110M	General Catalyst, Finback Investment Partners ... & 15 others	64/100
3rd	Viken Detection 2013, Burlington (United States), Series B	Provider of vehicle forensic solutions for public safety management	$30M	Morningside, Horizon	56/100
4th	Onyx 2024, Israel, Series A	Provider of a secure control plane for managing AI agents	$40M	Conviction, Cyberstarts	52/100
5th	Detection Technology 2015, Oulu (Finland), Public	Provider of X-Ray imaging services for security solutions	-	Bocap, Ahlstrom & 2 others	47/100
6th	Thruvision 2009, Abingdon (United Kingdom), Acquired	Manufacturer of passive screening technology for detecting concealed physical objects	-	Herald Investment Management, Future Planet Capital ... Read more	47/100
7th	Xonar 2002, St. Petersburg (United States), Seed	Provider of AI and RF-based ranging solutions for surveillance	$500K	-	44/100
8th	Apstec 2003, Nicosia (Cyprus), Funding Raised	Developer of screening technology for explosives, weapons, and narcotics detection	-	Molindo, 3T Invest	44/100
9th	BaggageAI 2018, Mumbai (India), Unfunded	Provider of AI-powered baggage screening systems	-	-	42/100
10th	ScanTech AI Systems 2002, Buford (United States), Public	Developer of artificial intelligence-powered security screening systems and software solutions	-	ARC Group	40/100