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 Jul 2026, Evolution Equity Partners is an active investor, having invested in 75 companies, with 7 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 QIZ Security Overall, Evolution Equity Partners portfolio has seen 13 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 8 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 5 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Evolution Equity Partners' List of Top Investments
Evolution Equity Partners has a portfolio of 75 companies, including 13 unicorns. Their most notable investments are in Torq and Solidus Labs.Their portfolio spans across United States, Israel, United Kingdom and 9 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 11 other sectors, across stages such as Series A, Seed and 5 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)
- Annual Revenue: $1B+ as on Jan 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $596M
- Employee Count: 11,194 as on Jun 30, 2026
- Investors: Dell, Kepha Partners and 31 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: 1,854 as on Jun 30, 2026
- Investors: Glynn Capital, T. Rowe Price and 76 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: 989 as on Jun 30, 2026
- Investors: Georgian, Tenaya Capital and 20 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: 597 as on Jun 30, 2026
- Investors: Silver Lake, T. Rowe Price and 25 Others
- Latest Funding Round: Series E, Mar 18, 2021, $*****
- Highlight: Editors' Pick
5. Carbon Black
Carbon Black provides a cloud endpoint protection platform. The product offers cloud workload protection. The features of the product include attack surface detection and prevention, threat detection, managed detection, alerts, security assessment, vulnerability protection, etc.
Key facts about Carbon Black
- Founded Year: 2002
- Location: San Antonio (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $58.3M
- Employee Count: 253 as on Jan 31, 2026
- Investors: HTIF, Kepha Partners and 13 Others
- Latest Funding Round: Series D, Feb 03, 2016, $*****
- Highlight: Acquired
Evolution Equity Partners' Year-on-Year Investment Trends
Evolution Equity Partners has invested in 76 companies over the last 12 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Jul 2026, it has made 7 investments in this year. Its most recent first time investment was in QIZ Security and most recent follow-on round was in Kai.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 2 | 7 |
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, 13 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 | 13 |
Series B | 11 |
Series C | 8 |
Series E | 2 |
Others | 3 |
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 69 Enterprise (B2B) companies, 69 Tech companies, 63 Software companies and at least 46 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 53 |
Enterprise Infrastructure | 46 |
High Tech | 15 |
Artificial Intelligence - Industry Applications | 10 |
FinTech | 7 |
Others | 23 |
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 (38), followed by United Kingdom where it has made 8 investments.Country | No. of Investments |
|---|---|
United States | 38 |
United Kingdom | 8 |
Israel | 7 |
Canada | 1 |
Denmark | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Evolution Equity Partners' recent investments
Evolution Equity Partners has made 7 investments in 2026 so far. QIZ Security and NewCore are the latest among them.Here are the most recent investments by Evolution Equity Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 2026 | United States | Seed | 4109 | ||
Jun 15, 2026 | United States | Series A | 3307 | [+4] | |
Jun 15, 2026 | - | Seed | 9889 | [+1] | |
Jun 02, 2026 | United States | Series G | 8252 | [+12] | |
Mar 10, 2026 | United States | Seed | 7494 |
Unicorns in Evolution Equity Partners' Portfolio
Evolution Equity Partners has 13 unicorns in its portfolio - Torq, Legora, Halcyon 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 |
|---|---|---|---|---|---|---|---|
61 | Provider of security hyperautomation platform designed for autonomous security operations | 2019 | Tel Aviv | Series D | {agdfoo | ||
64 | Developer of agentic software for automating complex legal work tasks | 2023 | Stockholm | Series D | urbtfjh | ||
59 | Artificial intelligence based antivirus solution provider | 2021 | - | Series C | bifbyso | ||
71 | Data security company specializing in AI-native data security posture management and data loss prevention solutions | 2020 | New York City | Series G | nlndhvw | ||
66 | Multi-factor authentication solutions provider | 2016 | Tel Aviv | Series D | aluoeih |
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 | - | - | 6038 |
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 | - | - | 5243 | |
Jun 01, 2026 | Dec 11, 2023 | Series A | 1559 | |
Jan 08, 2026 | Feb 27, 2024 | Series B | 3430 | |
Dec 23, 2025 | Nov 05, 2025 | Series E | 6394 | |
Jul 25, 2025 | Sep 14, 2021 | Series A | 4109 |
Team profile of Evolution Equity Partners
Evolution Equity Partners has a team of 17 members including 8 Partners and 4 Principals located in United States, Czech Republic and 3 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 | Zurich | - | ||
Partner | Brno | |||
Partner | Zurich | - | ||
Partner | New York | SecurityScorecard, Protect AI and 5 more | ||
Partner | New York City | - | ||
Partner | Prague | - | ||
Partner | Singapore | - | - | |
Partner | - | |||
Principal | United States | - | ||
Principal | United Kingdom | - | ||
Principal | New York City | - |
Co-investors of Evolution Equity Partners
Over the past 12 years, 444 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 210 others have invested in rounds before Evolution Equity Partners. There are 4 companies where Sequoia Capital has invested before Evolution Equity Partners and 4 companies where Insight Partners has invested before Evolution Equity Partners.
- Top Co-investors of Evolution Equity Partners: 146 investors entered a company along with Evolution Equity Partners. These include investors like AlbionVC (4 companies).
- Invested after Evolution Equity Partners: A total of 86 investors have invested in Evolution Equity Partners's portfolio after their investments. Top Investors include Exor (2 companies), Merlin Ventures (2 companies) and Strencom (1 company).
Recent News related to Evolution Equity Partners
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NewCore Raises $66M in FundingFinSMEs•Jun 15, 2026•Cyberstarts, Evolution Equity Partners, Index Ventures
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Cyera Secures $600 Million to Expand AI Trust LayerVentureburn•Jun 10, 2026•Cyera, Critical Loop, Cyberstarts, Temasek and 1 other
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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
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AI agents in SOC: Turk became a unicorn and raised 140 million DPeople & Computers•Jan 12, 2026•Notable Capital, Greenfield Partners, Insight Partners, Torq and 4 others
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Torq Raises $140 Million at $1.2 Billion ValuationSecurityWeek•Jan 12, 2026•Notable Capital, Greenfield Partners, Insight Partners, Torq and 6 others
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Cybersecurity Leader Armis Closes $435 Million Round at $6.1 Billion Valuationintelligence360•Nov 25, 2025•Evolution Equity Partners, CapitalG, Armis, Goldman Sachs
