Evolv Technology

company

About

Evolv Technology, an AI-enabled touchless security screening system that uses digital sensors and artificial intelligence to detect threats.

  • 101 - 250

Details

Last Funding Type
Series C
Last Funding Money Raised
$24M
Industries
Artificial Intelligence,Intrusion Detection,Machine Learning,Physical Security
Founded date
Jan 1, 2013
Number Of Employee
101 - 250
Operating Status
Active

Evolv Technology provides touchless security screening systems that ensure safety without sacrificing the visitor experience.

Evolv’s Mosaiq Platform provides a first-of-its-kind solution, integrating real-time video surveillance with extremely low false alarms, walkthrough firearm, and explosive detection, facial recognition, and security analytics. Based in Waltham, Massachusetts, and led by veterans of the physical screening industry including the TSA, FBI, CIA, Secret Service, and Homeland Security, Evolv is dedicated to helping government agencies and private businesses protect their soft targets and their hard assets.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$383.81M
Evolv Technology has raised a total of $383.81M in funding over 2 rounds. Their latest funding was raised on Jul 19, 2021 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 19, 2021 Post-IPO Equity $300M 1 Detail
Jan 7, 2020 Series C $30M 1 Detail
Oct 31, 2019 Series C $24M 1 Detail
Mar 14, 2017 Series B $18M 1 Detail
Aug 29, 2013 Series A $11.81M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
Evolv Technology is funded by 2 investors. UBS O'Connor and General Catalyst are the most recent investors.
Investor Name Lead Investor Funding Round
UBS O'Connor Post-IPO Equity
General Catalyst Series C