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Evolve - About the company

Evolve is a seed company based in Mumbai (India), founded in 2017 by Rohan Arora. It operates as a Mobile app for practising meditation. Evolve has raised $676K in funding from IAN Group, with a current valuation of $*****. The company has 4825 active competitors, including 228 funded and 189 that have exited. Its top competitors include companies like athenahealth, Modernizing Medicine and Headspace.

Company Details

Mobile app for practising meditation. The app offers guided meditation sessions and mindfulness exercises for people with mental health-related issues.
Social
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Email ID
*****@evolveinc.in
Registered Address
31 & 32, Poornima Bldg, St Dominic Road Bandra West, Mumbai City, Mumbai, Maharashtra, India, 400050
Key Metrics
Founded Year
2017
Location
Mumbai, India
Stage
Seed
Total Funding
$676K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 21, 2024
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
29 as on Sep 30, 2026
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Evolve's funding and investors

Evolve has raised a total funding of $676K over 2 rounds. Its first funding round was on Sep 07, 2022. Its latest funding round was a Seed round on Dec 19, 2023 for $*****. 2 investors participated in its latest round. Evolve has 2 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Evolve:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 19, 2023
3880643
Seed
8835897
6206397
6309318
5323514
Sep 07, 2022
8883018
Seed
6250251
1875559
2696606
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Evolve's founders and board of directors

Founder? Claim Profile
The founders of Evolve is Rohan Arora.
Here are the details of Evolve's key team members:

Evolve's employee count trend

Evolve has 29 employees as of Sep 26. Here is Evolve's employee count trend over the years:
Employee count trend for Evolve
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Evolve's Competitors and alternates

Top competitors of Evolve include athenahealth, Modernizing Medicine and Headspace. Here is the list of Top 10 competitors of Evolve, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for athenahealth
athenahealth
1997, Watertown (United States), Acquired
Cloud-based administrative tool for healthcare providers
$49.1M
87/100
2nd
Logo for Modernizing Medicine
Modernizing Medicine
2010, Boca Raton (United States), Acquired
Cloud-based EMR and practice management software for clinics
$329M
82/100
3rd
Logo for Headspace
Headspace
2010, Santa Monica (United States), Acquired
Provider of mental health support services via application and human care
$178M
74/100
4th
Logo for HealthPlix
HealthPlix
2014, Bengaluru (India), Series C
Provider of EMR and clinic management software for healthcare professionals
$43M
73/100
5th
Logo for Wysa
Wysa
2015, Boston (United States), Series B
Provider of AI-driven mental health support platform
$30.5M
69/100
6th
Logo for Epic Systems
Epic Systems
1979, Madison (United States), Funding Raised
Provider of suite software solutions for healthcare organizations
-
69/100
7th
Logo for Hint Health
Hint Health
2013, San Francisco (United States), Series B
Provider of a SaaS-based practice management solution for healthcare professionals
$60.1M
67/100
8th
Logo for Docon
Docon
2013, Bengaluru (India), Acquired
Digital healthcare platform to streamline medical practices and enhance patient care
-
-
67/100
9th
Logo for MEDITECH
MEDITECH
1969, Westwood (United States), Funding Raised
Developer of electronic health record software and related healthcare solutions
-
65/100
10th
Logo for Tebra
Tebra
2021, Corona (United States), Series D
Cloud based platform offering practice management tool for providers
$322M
65/100
15th
Logo for Evolve
Evolve
2017, Mumbai (India), Seed
Mobile app for practising meditation
$676K
61/100
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Evolve's Latest cap tables and shareholding

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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Evolve's Investments and acquisitions

Evolve has made no investments or acquisitions yet.

Reports related to Evolve

Here is the latest report on Evolve's sector:

News related to Evolve

Media has covered Evolve for 1 event in last 1 year.
•
Evolve raises Rs 3 crore in fundingIndia Infoline•Sep 08, 2022•Evolve
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FAQs about Evolve

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