When was Evolve founded?

Evolve was founded in 2023 and raised its 1st funding round 2 years after it was founded.

Where is Evolve located?

Evolve is headquartered in Dover, United States.

Who is the current CEO of Evolve?

Stan Suchkov of Evolve. They have also founded 1 company.

How many employees does Evolve have?

As of Sep 30, 2026, the latest employee count at Evolve is 18.

Is Evolve a funded company?

Evolve is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Sep 18, 2025.

When was the latest funding round of Evolve?

Evolve's latest funding was a $***** Seed round on Sep 18, 2025, with participation from 5 investors. Its primary sector is HRTech. In United States, the HRTech sector has seen $2.21B in funding in 2026 to date.

Where does Evolve rank among its competitors?

Evolve ranks 3rd amongst 90 active competitors, of which 10 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Schole, which secured $3M in Jan, 2026.

Who are the top competitors of Evolve?

Evolve's top competitors include OBRIZUM, iCOG and Area9 Lyceum. Among them, Schole secured the most recent funding round in January, 2026.

Evolve - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of an AI-powered corporate training platform. This platform automates training processes, delivers personalized learning at scale, and offers built-in practice and smart assessments. It converts complex files into structured learning materials, creating ready-to-go courses quickly and efficiently. The platform includes advanced analytics and comparison tools, a searchable knowledge base, and instant feedback mechanisms for employees. Real-world scenario evaluations and AI-powered knowledge checks provide accurate insights for HR. The platform also integrates with numerous other tools, streamlining team development and reducing manual effort. It aims to improve training efficiency and link learning directly to measurable business outcomes.

Key Metrics

Founded Year

2023

Location

Dover, United States

Stage

Seed

Total Funding

$1.4M in 1 round

Latest Funding Round

Seed, Sep 18, 2025, $*****

Investors

Altair Capital & 4 more

Ranked

3^rd among 90 active competitors

Employee Count

18 as on Sep 30, 2026

Similar Companies

ELSA Speak & 966 more

View Evolve's full profile

Evolve has raised a total funding of $1.4M over 1 round. Its latest funding round was a Seed round on Sep 18, 2025 for $*****. 5 investors participated in its latest round. Evolve has 5 institutional 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
Sep 18, 2025	8896332	Seed	9408121	2623270	5545452	2591257

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View details of Evolve's funding rounds and investors

The founders of Evolve are Stan Suchkov and Stan. Stan Suchkov is the CEO of Evolve.

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

Stan Suchkov: Co-Founder & CEO of Evolve.
Contact Info: 1 email address
Stan: Founder of Evolve.
Contact Info: 1 email address

View details of Evolve's Founder profiles and Board Members

Evolve's employee count trend

Evolve has 18 employees as of Sep 26. Here is Evolve's employee count trend over the years:

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Top competitors of Evolve include OBRIZUM, iCOG and Area9 Lyceum. 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	OBRIZUM 2015, Cambridge (United Kingdom), Series A	Online LMS platform for adaptive learning	$17M	Guinness Global Investors, Celeres Investments ... & 5 others	50/100
2nd	iCOG 2017, Bengaluru (India), Seed	Provider of AI powered personalized learning and competency measurement platform	$4.52M	Illumina, Plug and Play Tech Center & 2 others	47/100
3rd	Evolve 2023, Dover (United States), Seed	Provider of an AI-powered corporate training platform	$1.4M	Altair Capital, 500 Global & 3 others	46/100
4th	Area9 Lyceum 2018, Chestnut Hill (United States), Series A	Adaptive learning platform for corporate	$52.5M	LEGO Ventures, Vaekstfonden & 2 others	45/100
5th	QuikLrn 2015, Bengaluru (India), Seed	Provider of adaptive learning platform and outcome-based education solutions	$191K	-	40/100
6th	Fluide AI Unfunded	Developer of artificial intelligence software for adaptive employee training programs	-	-	35/100
7th	Fifty 2018, Paris (France), Series A	AI-based adaptive learning solution for enterprises	$11.1M	Tekton Ventures, Signals Venture Capital ... & 10 others	34/100
8th	Sproutlogix 2016, New York City (United States), Seed	They provide AI-powered adaptive learning platforms for employee development	$1.14M	Starta, Scale Ventures & 23 others	33/100
9th	Schole 2024, Lausanne (Switzerland), Seed	Provider of personalized data science learning paths using adaptive AI	$3M	ACE Ventures, The House Fund & 1 others	32/100
10th	Artikate 2021, Gurugram (India), Unfunded	Developer of cognitive assessment software for personalized digital learning paths	-	-	29/100