About Evolution VC Partners
Evolution VC Partners is a venture capital firm founded in 2007. It is primarily based out of New York City, United States. As of Jul 2026, Evolution VC Partners is an active investor, having invested in 257 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Seed round of Final Boss Sour Overall, Evolution VC Partners portfolio has seen 24 unicorns, 22 IPOs and 43 acquisitions including key companies like Carta, Shiprocket and Coupang. A lot of funds co-invest with Evolution VC Partners, with names like Gaingels sharing a substantial percentage of its portfolio. Evolution VC Partners has team of 4 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 4 more
Portfolio Unicorns
Deals in last 12 months
Evolution VC Partners' List of Top Investments
Evolution VC Partners has a portfolio of 257 companies, including 24 unicorns. Their most notable investments are in NFW and Hemper.Their portfolio spans across United States, Canada, India and 5 more locations. They have invested in Enterprise Applications, Consumer, Retail and 31 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Evolution VC Partners:
1. Carta
Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.
Key facts about Carta
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.16B
- Employee Count: 2,243 as on Jun 30, 2026
- Investors: Meritech, Silver Lake and 136 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick

2. Shiprocket
Provider of e-commerce shipping, fulfillment, marketing, and financial services. The business offers tools for domestic and cross-border shipping, including integrations with courier partners. Fulfillment services encompass warehousing, packaging, and shipping. Marketing solutions include checkout optimisation and customer engagement tools. Financial services provide capital and credit score assessment.
Key facts about Shiprocket
- Founded Year: 2012
- Location: Gurugram (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $322M
- Employee Count: 915 as on Aug 31, 2025
- Investors: Innoven Capital, Temasek and 63 Others
- Latest Funding Round: Series E, Dec 23, 2024, $*****
- Highlight: Editors' Pick

3. Coupang
Online marketplace offering multi-category consumer products. The product catalog includes fashion, beauty, stationery, sports, health care, books, toys, smoking products, pet supplies, groceries, automobiles, electronics, and more.
Key facts about Coupang
- Founded Year: 2010
- Location: Seoul (South Korea)
- Annual Revenue: $1B+ as on Dec 31, 2018
- Stage: Public
- Total Funding till date: $3.9B
- Employee Count: 1,001 - 5,000 as on Mar 01, 2026
- Investors: HTIF, ADS Ventures and 49 Others
- Latest Funding Round: Series F, Dec 20, 2019, $*****
- Highlight: Public
4. Ramp
Provider of a platform for spend management, corporate cards, and payables. The platform offers features such as expense management, accounts payable processing, and travel management. It also provides procurement and accounting automation capabilities. The platform aims to streamline financial operations and improve efficiency for finance teams.
Key facts about Ramp
- Founded Year: 2019
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $3.22B
- Employee Count: 2,555 as on Jun 30, 2026
- Investors: equitywestsecurities.com, T. Rowe Price and 71 Others
- Latest Funding Round: Series F, Jun 04, 2026, $*****
- Highlight: Editors' Pick
5. Lime
App-based rental platform providing self-drive electric kick-scooter. The platform enables users to find the nearest available scooter and start the ride by scanning their QR code or access code. Users should provide rider details, payment details, location, and more for book the scooter. It offers features like variant payment options, and more. At the end of the ride, users can park the vehicle at their legal locations. Their mobile app is available for Android and iOS devices
Key facts about Lime
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $1.71B
- Employee Count: 2,726 as on Jun 30, 2026
- Investors: Meritech, Star Tech NG and 98 Others
- Latest Funding Round: Series D, Jul 04, 2022, $*****
- Highlight: Public
Evolution VC Partners' Year-on-Year Investment Trends
Evolution VC Partners has invested in 257 companies over the last 12 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Jul 2026, it has made 2 investments in this year. Its most recent first time investment was in Final Boss Sour and most recent follow-on round was in Qnovia.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 1 | 0 | 1 |
2024 | 2 | 1 | 3 |
2023 | 2 | 1 | 3 |
2022 | 4 | 2 | 6 |
2021 | 4 | 3 | 7 |
2020 | 3 | 0 | 3 |
2019 | 1 | 0 | 1 |
2018 | 5 | 1 | 6 |
2017 | 1 | 0 | 1 |
Evolution VC Partners' Investments by Stage
Evolution VC Partners has made 10 investments in Seed stage with an average round size of $2.82M, 7 investments in Series A stage with an average round size of $22.2M and 6 investments in Series B stage with an average round size of $19.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 10 |
Series A | 7 |
Series B | 6 |
Series D | 1 |
Series E | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Evolution VC Partners' Investments by Sector
Evolution VC Partners has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, High Tech, FinTech and Food and Agriculture Tech. Notably, it has invested in 226 Tech companies, 143 Enterprise (B2B) companies, 117 Consumer (B2C) companies and at least 96 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 7 |
Enterprise Applications | 6 |
High Tech | 6 |
FinTech | 5 |
Food and Agriculture Tech | 5 |
Others | 30 |
Note: We have considered here, only first round of investments
Evolution VC Partners' Investments by Geography
Evolution VC Partners has made most investments in United States (26).Evolution VC Partners' recent investments
Evolution VC Partners has made 2 investments in 2026 so far - Final Boss Sour and Scout AI.Here are the most recent investments by Evolution VC Partners:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 17, 2026 | United States | Seed | 5346 | [+3] | |
Apr 29, 2026 | United States | Series A | 4270 | [+8] | |
May 09, 2025 | United States | Series A | 4256 | [+1] | |
Nov 18, 2024 | United States | Series B | 6557 | [+10] | |
Oct 29, 2024 | United States | Series B | 9694 | [+2] |
Unicorns in Evolution VC Partners' Portfolio
Evolution VC Partners has 24 unicorns in its portfolio - Eight Sleep, ZaiNar, Shiprocket and others. The most recent unicorn in their portfolio is Eight Sleep. It became a unicorn in 2026.Here is a list of unicorns in Evolution VC Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
80 | Provider of AI-based internet-first brand of mattress and smart mattress covers | 2014 | New York City | Series D | eigdjme | ||
56 | Developer of wireless network technology for precise real time positioning | 2016 | Menlo Park | Seed | sj{zpra | ||
85 | Provider of e-commerce shipping, fulfillment, marketing, and financial services | 2012 | Gurugram | Series E | fd{jfzr | ||
74 | Developer of tools for creating customizable, intelligent, and dynamic characters | 2011 | Los Angeles | Series C | scdefox | ||
75 | DIgital health platform offering various services for men | 2017 | New York City | Series D | odhzgzp |
IPOs and Publicly Listed companies in Evolution VC Partners' Portfolio
22 of Evolution VC Partners' portfolio companies have become public. Lime got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2026 at marketcap of $1.6B and Ethos got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $1.1B.Here are Evolution VC Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 01, 2026 | - | - | 4585 | |
Jan 29, 2026 | - | - | 6108 | |
Jan 23, 2026 | - | - | 9396 | |
Sep 12, 2025 | - | - | 9408 | |
Mar 14, 2025 | - | - | 2143 |
Acquired companies in Evolution VC Partners' Portfolio
43 companies from Evolution VC Partners' portfolio have been acquired. The most recent acquisition was Getlabs in Apr 2026 by Function Health for $*****.Here are Evolution VC Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 08, 2026 | - | - | 7315 | |
Jan 22, 2026 | - | - | 9201 | |
Dec 11, 2025 | - | - | 9771 | |
Sep 03, 2025 | - | - | 3193 | |
Apr 14, 2025 | - | - | 5541 |
Team profile of Evolution VC Partners
Evolution VC Partners has a team of 4 members including 1 Partner and 2 Venture Partners located in United States. Evolution VC Partners' team does not sit on the board of any company as of now.Here is a list of all team members in Evolution VC Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Venture Partner | - | - | - | |
Venture Partner | - | - | - |
Co-investors of Evolution VC Partners
Over the past 12 years, 335 investors have co-invested in Evolution VC Partners's portfolio companies. This includes funds and angels.
- Invested before Evolution VC Partners: B Capital, Tyson Foods and 158 others have invested in rounds before Evolution VC Partners. There are 2 companies where B Capital has invested before Evolution VC Partners and 2 companies where Tyson Foods has invested before Evolution VC Partners.
- Top Co-investors of Evolution VC Partners: 88 investors entered a company along with Evolution VC Partners. These include investors like Gaingels (5 companies).
- Invested after Evolution VC Partners: A total of 87 investors have invested in Evolution VC Partners's portfolio after their investments. Top Investors include Gaingels (3 companies), Lone Pine Capital (1 company) and True Ventures (1 company).
Recent News related to Evolution VC Partners
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Final Boss Sour Raises $4M in FundingFinSMEs•Jul 20, 2026•The Angel Group, Melitas Ventures, Final Boss Sour, Evolution VC Partners and 2 others
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Scout AI Secures $100 Million Series A Funding for Unmanned Warfare AI DevelopmentDefense Daily•Apr 29, 2026•Scout AI, Align Ventures, Draper, Bravo Victor Venture Capital and 5 others
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Blank Beauty Closes $6M Series A FundingFinSMEs•May 13, 2025•Blank Beauty, Evolution VC Partners, Epson
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Blank Beauty Secures Series A FundingFinSMEs•May 09, 2025•Blank Beauty, Evolution VC Partners, Epson
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Blank Beauty Secures Series A Funding from Epson, RPM, and OthersTeknovation•May 08, 2025•Blank Beauty, Epson, 3Rootscapital, Evolution VC Partners
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Crypto payment company Mesh completes $82 million Series B financing, led by ParadigmPANews•Mar 12, 2025•Mesh, Paradigm, Consensys, QuantumLight and 14 others
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Mesh raises $82m for crypto payments networkFinextra•Mar 12, 2025•Mesh Payments, PayPal Ventures, Paradigm Spine, Consensys and 20 others
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Qnovia Raises $16M in Series B FinancingFinSMEs•Dec 10, 2024•Qnovia, Blue Ledge Capital, Evolution VC Partners, Vice Ventures and 1 other
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Louisa AI raises $5 million seed fundingBusiness Line•Mar 06, 2024•Louisa, University of Oxford, Palm Drive Capital, Evolution VC Partners and 3 others
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HUNGRY Successfully Closes a $10 Million Series C1 Funding Round with Backing from Star InvestorsPRWeb•Jun 21, 2023•Hungry, , GP Ventures, Evolution VC Partners and 4 others