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Evolve - About the company

Evolve is a seed company based in Mumbai (India), founded in 2017 by Rohan Arora and Anshul Kamath. It operates as a Mobile app for practising meditation. Evolve has raised $676K in funding from Indian Angel Network, with a current valuation of $*****. The company has 4240 active competitors, including 225 funded and 187 that have exited. Its top competitors include companies like athenahealth, ModMed 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
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
30 as on Jun 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
8959243
Seed
9404245
1691731
5817847
8208253
Sep 07, 2022
3987381
Seed
2486066
8247985
1240752
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Evolve's founders and board of directors

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

Evolve's employee count trend

Evolve has 30 employees as of Jun 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, ModMed 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 ModMed
ModMed
2010, Boca Raton (United States), Acquired
Cloud-based EMR and practice management software for clinics
$329M
81/100
3rd
Logo for Headspace
Headspace
2010, Santa Monica (United States), Series C
Provider of mental health support services via application and human care
$178M
72/100
4th
Logo for Wysa
Wysa
2015, Boston (United States), Series B
Provider of AI-driven mental health support platform
$30.5M
69/100
5th
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
6th
Logo for Epic Systems
Epic Systems
1979, Madison (United States), Funding Raised
Provider of suite software solutions for healthcare organizations
-
66/100
7th
Logo for Medsphere Systems
Medsphere Systems
2002, Carlsbad (United States), Series F
Open-source software provider for healthcare organizations
$151M
66/100
8th
Logo for HealthPlix
HealthPlix
2014, Bengaluru (India), Series C
Provider of EMR and clinic management software for healthcare professionals
$43M
66/100
9th
Logo for MEDITECH
MEDITECH
1969, Westwood (United States), Funding Raised
Developer of electronic health record software and related healthcare solutions
-
64/100
10th
Logo for Tebra
Tebra
2021, Corona (United States), Series D
Cloud based platform offering practice management tool for providers
$322M
64/100
19th
Logo for Evolve
Evolve
2017, Mumbai (India), Seed
Mobile app for practising meditation
$676K
58/100
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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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