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Evolv AI

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AI-Powered Conversion Optimization & A/B Testing Software | Evolv

San Francisco, United StatesFounded 2019AI
Valuation $50–100M Last recorded · 2023
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Evolv AI and the history behind them.

About Evolv AI

Evolv AI is a pioneering company in the field of AI-driven experience optimization. The company provides a platform that uses artificial intelligence to offer user experience (UX) recommendations, which are prioritized by their potential impact. This platform automates the building, deployment, and optimization of user experiences, making it a valuable tool for businesses in online retail, financial services, and performance marketing. By leveraging machine learning, Evolv AI enables its clients to conduct sophisticated experiments on a large scale, allowing them to quickly adapt to changing market trends and customer preferences. This adaptability helps clients drive significant business growth and exceed their revenue targets.

Evolv AI serves a diverse range of clients, including some of the biggest brands in the market. The company operates in the highly competitive digital marketplace, where staying ahead of technological advancements is crucial. Evolv AI's business model revolves around providing a subscription-based service that offers continuous access to its AI-driven platform. The company makes money by charging clients for the use of its platform, which helps them improve their digital journeys and transform their customer experiences.

In summary, Evolv AI is at the forefront of using artificial intelligence to enhance user experiences, making it an essential tool for businesses looking to stay competitive in the digital age.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
San Francisco, United States
Employees
20
Open positions
1
Dealroom signal
59.0/100
Industry
Enterprise Software
Sector
AI, Testing, Optimization, Core AI, Hard Tech, AI Applications, DT and LS
Technology
Artificial Intelligence, Deep Tech, Machine Learning
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest 2019
Capital deployed
—
Preferred round
ACQUISITION

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Nov 2023 $13M $53M Major Group Asia · NJF Capital · Engage Ventures · Horizons Ventures ↗
SERIES A✓Equity / VC Mar 2019 $10M $40M Horizon Ventures · Horizons Ventures —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Evolv AI website traffic

Latest recorded traffic for Evolv AI is 9.4K monthly website visits, up 59.3% over the last three months. Evolv AI's team declined 31% over the past year.

Latest monthly visits9.4K 3-month web change+59.3% 1-year team growth-31%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇺🇸 United States81.3%
🇮🇪 Ireland6.3%
🇨🇦 Canada6.3%
🇪🇸 Spain6.3%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Evolv AI on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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