Evolv Technology logo — Making everywhere safer.

Evolv Technology

Making everywhere safer.

Founded 2013 United States Waltham, United States 329 employees Post-IPO Debt Total: $483.32M AI, Privacy and Security +1

General Information

Company Name Evolv Technology
Founded Year 2013
Location United States Waltham, United States
Employees 329
Industries AI, Privacy and Security, Machine Learning
Funding Stage Post-IPO Debt
Social

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About Evolv Technology

Evolv Technology, with the slogan "Making everywhere safer," is a leading security technology company founded in 2013 in the United States. The company is pioneering AI-based weapons screening to create safer experiences, securing the world’s most iconic venues and companies. Evolv Technology's innovative security screening has scanned more than 1 billion people worldwide. The company's technology combines advanced sensors with proven artificial intelligence (AI), security ecosystem integrations, and comprehensive venue analytics, enabling it to detect threats 10 times faster than traditional metal detectors. Their latest investment, a $75.00M Post-IPO Debt investment at 21 December 2022, came from Silicon Valley Bank. This investment reflects both the market's confidence in Evolv Technology's capabilities and the potential for further expansion and innovation in the field of AI-based security screening. Evolv Technology's mission to provide peace of mind to various groups, including sports fans, theme park visitors, concertgoers, shoppers, employees, students, and healthcare workers, aligns with the global demand for enhanced security measures. With their focus on leveraging AI for increased safety, Evolv Technology is well-positioned to continue making significant contributions to the security industry.

Business keywords: security technology, AI-based weapons screening, safety technology, threat detection, venue security, weapons detection, security screening, safety analytics, event security, security innovation, security ecosystem integration, security technology company

Funding Rounds & Investors (10)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $75.00M 1
Silicon Valley Bank
21 Dec 2022
Convertible Note Undisclosed 1
Tech Square Ventures
27 Dec 2021
Post IPO Equity $300.00M 5
Eldridge Industries, Magnetar Capital +3
19 Jul 2021
Debt Financing $14.50M -
02 Feb 2021
Venture Round Undisclosed 1
Stanley Ventures
04 Aug 2020
Series C $30.00M 7
Lux Capital, DCVC +5
07 Jan 2020
Series C $24.00M 6
Lux Capital, DCVC +4
31 Oct 2019
Series A $10.00M 1
Horizons Ventures
19 Mar 2019
Series B $18.00M 4
Lux Capital, DCVC +2
14 Mar 2017
Series A $11.82M 4
Lux Capital, General Catalyst +2
29 Aug 2013

Evolv Technology Alternatives & Competitors

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Evolv Technology vs
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FAQ About Evolv Technology

Making everywhere safer.
Evolv Technology was founded in 2013.
Evolv Technology is headquartered in Waltham, United States.
Evolv Technology operates in AI, Privacy and Security and Machine Learning. Its work centres on security technology, AI-based weapons screening, safety technology and threat detection.
Evolv Technology has approximately 329 employees.
Evolv Technology has completed 10 funding rounds, raising a total of $483.32M. The latest funding stage is Post-IPO Debt.
Top alternatives and competitors to Evolv Technology include AiLert, Scylla, MixMode, MistNet, Exabeam. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Evolv Technology and AiLert are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Evolv Technology, https://bouncewatch.com/company/evolv-technology, updated 13 November 2024. When citing, please name BounceWatch and link this page.

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