About Evolution Equity Partners
Evolution Equity Partners is a venture capital firm founded in 2008. It is primarily based out of New York City, United States. As of Sep 2026, Evolution Equity Partners is an active investor, having invested in 78 companies, with 10 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Seed round of Aurachain Overall, Evolution Equity Partners portfolio has seen 14 unicorns, 1 IPO and 24 acquisitions including key companies like VMware, Snyk and Armis. A lot of funds co-invest with Evolution Equity Partners, with names like AlbionVC sharing a substantial percentage of its portfolio. Evolution Equity Partners has team of 17 people including 9 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 6 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Evolution Equity Partners' List of Top Investments
Evolution Equity Partners has a portfolio of 78 companies, including 14 unicorns. Their most notable investments are in Island and Solidus Labs.Their portfolio spans across United States, United Kingdom, Israel and 10 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 10 other sectors, across stages such as Series A, Seed and 6 more. Here is the list of top investments by Evolution Equity Partners:
1. VMware
Cloud based orchestration solutions. It enables running any app on any cloud on any device through the solutions for modern apps, multi-cloud, and digital workspace. It transform data centers into aggregated computing infrastructures with VMware vSphere, its virtualization platform.
Key facts about VMware
- Founded Year: 1998
- Location: Palo Alto (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $596M
- Employee Count: 10,643 as on Jul 31, 2026
- Investors: Intel, Founders Circle Capital and 33 Others
- Latest Funding Round: Grant (prize money), Jan 01, 2021, $*****
- Highlight: Acquired
2. Snyk
Provider of a platform securing code, models, and agents in applications. The platform offers tools for application security, software supply chain security, and fixing vulnerabilities. It provides resources such as a vulnerability database, security education, and documentation. The platform helps organizations secure development, reduce business risk, and accelerate software delivery.
Key facts about Snyk
- Founded Year: 2015
- Location: Boston (United States)
- Annual Revenue: £100M - £500M as on Dec 31, 2022
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.32B
- Employee Count: 1,591 as on Sep 30, 2026
- Investors: Glynn Capital, T. Rowe Price and 77 Others
- Latest Funding Round: Series G, Apr 10, 2024, $*****
- Highlight: Editors' Pick

3. Armis
Provider of a wireless security platform for IoT applications. Offers an early stage wireless security platform focused on IoT security in an organization. The solution delivers continuous visibility and control over wireless communications, devices, and data.
Key facts about Armis
- Founded Year: 2015
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.17B
- Employee Count: 913 as on Sep 30, 2026
- Investors: Goldman Sachs, Georgian and 22 Others
- Latest Funding Round: Series E, Nov 05, 2025, $*****
- Highlight: Acquired
Provider of supply chain detection and response and risk management. The platform offers vendor detection, questionnaires, and external attack surface management. It provides cyber risk quantification, threat intelligence, and vulnerability intelligence. The business offers services such as digital forensics, incident response, and penetration testing. It helps manage and mitigate risks across the digital ecosystem. The platform facilitates vendor collaboration and enables workflows.
Key facts about SecurityScorecard
- Founded Year: 2013
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $292M
- Employee Count: 593 as on Sep 30, 2026
- Investors: Silver Lake, T. Rowe Price and 25 Others
- Latest Funding Round: Series E, Mar 18, 2021, $*****
- Highlight: Editors' Pick

5. Observe
Provider of an AI-powered observation platform built on a streaming data lake. The platform structures logs, metrics, and traces as entities with semantic relationships. It offers a real-time ingest pipeline to filter and enrich signals. The platform includes logs, metrics, services, Kubernetes, and LLM Explorers. It delivers application performance and infrastructure monitoring, log management, and analytics.
Key facts about Observe
- Founded Year: 2017
- Location: San Mateo (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $393M
- Employee Count: 85 as on Sep 30, 2026
- Investors: Capital One Ventures, Human Capital and 10 Others
- Latest Funding Round: Series C, May 22, 2025, $*****
- Highlight: Acquired
Evolution Equity Partners' Year-on-Year Investment Trends
Evolution Equity Partners has invested in 79 companies over the last 12 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Sep 2026, it has made 12 investments in this year. Its most recent first time investment was in Aurachain and most recent follow-on round was in Cyera.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 9 | 3 | 12 |
2025 | 4 | 3 | 7 |
2024 | 9 | 2 | 11 |
2023 | 5 | 1 | 6 |
2022 | 10 | 2 | 12 |
2021 | 5 | 5 | 10 |
2020 | 5 | 2 | 7 |
2019 | 1 | 2 | 3 |
2018 | 5 | 3 | 8 |
2017 | 4 | 1 | 5 |
Evolution Equity Partners' Investments by Stage
Evolution Equity Partners has made 22 investments in Series A stage with an average round size of $19.8M, 15 investments in Seed stage with an average round size of $15.5M and 11 investments in Series B stage with an average round size of $47.2M.Stage of entry | No. of Investments |
|---|---|
Series A | 22 |
Seed | 15 |
Series B | 11 |
Series C | 8 |
Series E | 2 |
Others | 5 |
Note: We have considered here, only first round of investments
Evolution Equity Partners' Investments by Sector
Evolution Equity Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Artificial Intelligence - Industry Applications and FinTech. Notably, it has invested in 72 Enterprise (B2B) companies, 72 Tech companies, 67 Software companies and at least 49 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 58 |
Enterprise Infrastructure | 49 |
High Tech | 15 |
Artificial Intelligence - Industry Applications | 10 |
FinTech | 6 |
Others | 21 |
Note: We have considered here, only first round of investments
Evolution Equity Partners' Investments by Geography
Evolution Equity Partners has made most investments in United States (40), followed by United Kingdom where it has made 10 investments.Country | No. of Investments |
|---|---|
United States | 40 |
United Kingdom | 10 |
Israel | 7 |
Canada | 1 |
Denmark | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Evolution Equity Partners' recent investments
Evolution Equity Partners has made 12 investments in 2026 so far. Aurachain and Island are the latest among them.Here are the most recent investments by Evolution Equity Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 30, 2026 | Switzerland | Seed | 8781 | - | |
Sep 24, 2026 | United States | Series F | 4573 | [+10] | |
Sep 22, 2026 | United States | Series G | 6993 | ||
Sep 22, 2026 | United Kingdom | Seed | 3831 | [+9] | |
Sep 09, 2026 | United States | Series D | 4300 | [+9] |
Unicorns in Evolution Equity Partners' Portfolio
Evolution Equity Partners has 14 unicorns in its portfolio - Torq, Legora, Clay and others. The most recent unicorn in their portfolio is Torq. It became a unicorn in 2026, 1 years after Evolution Equity Partners first invested in it.Here is a list of unicorns in Evolution Equity Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
70 | Provider of security hyperautomation platform designed for autonomous security operations | 2019 | Tel Aviv | Series D | tkdaxer | ||
64 | Developer of agentic software for automating complex legal work tasks | 2023 | Stockholm | Series D | jkn{xbc | ||
72 | AI and cloud based lead management and contact dataset provider | 2017 | New York | Series D | trkjthp | ||
59 | Artificial intelligence based antivirus solution provider | 2021 | - | Series C | {preaqx | ||
72 | Data security company specializing in AI-native data security posture management and data loss prevention solutions | 2020 | New York City | Series G | fwbnedp |
IPOs and Publicly Listed companies in Evolution Equity Partners' Portfolio
1 of Evolution Equity Partners' portfolio company became public - Arqit. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2021 at marketcap of undefinedHere are Evolution Equity Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 07, 2021 | - | - | 6614 |
Acquired companies in Evolution Equity Partners' Portfolio
24 companies from Evolution Equity Partners' portfolio have been acquired. The most recent acquisition was Identiq in Jun 2026 by Incode for $*****.Here are Evolution Equity Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 26, 2026 | - | - | 7872 | |
Jun 01, 2026 | Dec 11, 2023 | Series A | 5884 | |
Jan 08, 2026 | Feb 27, 2024 | Series B | 3149 | |
Dec 23, 2025 | Nov 05, 2025 | Series E | 6990 | |
Jul 25, 2025 | Sep 14, 2021 | Series A | 8007 |
Team profile of Evolution Equity Partners
Evolution Equity Partners has a team of 17 members including 9 Partners and 5 Principals located in United States, Switzerland and 2 more locations. Evolution Equity Partners' team sits on the board of 8 companies.Here is a list of top team members in Evolution Equity Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | Zug | - | ||
Partner | Brno | |||
Partner | Bern | - | ||
Partner | New York | SecurityScorecard, Quantexa and 5 more | ||
Partner | New York City | - | ||
Partner | Prague | - | ||
Partner | Jackson | - | ||
Partner | Palo Alto | |||
Principal | Zurich | - | ||
Principal | New York | - |
Co-investors of Evolution Equity Partners
Over the past 12 years, 476 investors have co-invested in Evolution Equity Partners's portfolio companies. This includes funds and angels.
- Invested before Evolution Equity Partners: Sequoia Capital, Insight Partners and 224 others have invested in rounds before Evolution Equity Partners. There are 6 companies where Sequoia Capital has invested before Evolution Equity Partners and 5 companies where Insight Partners has invested before Evolution Equity Partners.
- Top Co-investors of Evolution Equity Partners: 162 investors entered a company along with Evolution Equity Partners. These include investors like AlbionVC (5 companies).
- Invested after Evolution Equity Partners: A total of 88 investors have invested in Evolution Equity Partners's portfolio after their investments. Top Investors include Merlin Ventures (2 companies), Exor (2 companies) and Strencom (1 company).
Recent News related to Evolution Equity Partners
•
Island Secures $400 Million in Series F Funding to Fuel GrowthCyberWire•Oct 31, 2026•island, Evolution Equity Partners
•
Aurachain Secures Strategic Growth Investment from Evolution Equity Partners to Accelerate U.S. ExpansionGlobal Fintech Series•Sep 30, 2026•Evolution Equity Partners, Aurachain
•
Evolution Equity Partners Names Cyber Investor Veteran John Cordo as a PartnerGlobal Fintech Series•Sep 30, 2026•Evolution Equity Partners
•
Island Raises $400M in Late-Stage Funding at $6.4B ValuationSiliconAngle•Sep 25, 2026•island, Evolution Equity Partners, JPMorganChase, Coatue and 3 others
•
Completed hundreds of millions of yuan in new financing, Yingmo Technology Hyper3D brings 3D generation into the "era of thinking"丨36Kr first releaseWowtale•Jun 16, 2026•Cyberstarts, NewCore, Evolution Equity Partners, Index Ventures
•
NewCore Raises $66M in FundingFinSMEs•Jun 15, 2026•Cyberstarts, Evolution Equity Partners, Index Ventures
•
Cyera Secures $600 Million to Expand AI Trust LayerVentureburn•Jun 10, 2026•Cyera, Critical Loop, Cyberstarts, Temasek and 1 other
•
New York's Solidus Labs bags $45m in Series B roundFinTech Futures•Jun 04, 2026•Avon Ventures, Declaration Partners, Solidus Labs, Hanaco Ventures and 2 others
•
Cyera eyes $12B valuation at 80x ARR multiple despite operating lossesTechCrunch+•Jun 02, 2026•Cyera, Evolution Equity Partners, Aryon Security
•