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Evolv Technology

evolvtechnology.com

Founded Year

2013

Stage

PIPE | IPO

Total Raised

$100.14M

About Evolv Technology

Evolv Technology (NASDAQ: EVLV) exists to preserve everyone’s fundamental right to be safe in the places people gather. Its solutions help proactively keep people and assets safe by using sensors to detect both metallic and non-metallic threats, while also integrating facial recognition to identify people of interest. With Evolv, a positive visitor experience is balanced with a proactive approach to enable security anywhere, at the pace of life – including at transportation hubs, sports stadiums, entertainment venues, hotels and conference centers, airports, special events, and government agencies.

Headquarters Location

500 Totten Pond Road 4th floor

Waltham, Massachusetts, 02451,

United States

781-374-8100

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Research containing Evolv Technology

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Evolv Technology in 2 CB Insights research briefs, most recently on Feb 9, 2022.

Expert Collections containing Evolv Technology

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Evolv Technology is included in 3 Expert Collections, including Smart Cities.

S

Smart Cities

4,415 items

G

Game Changers 2018

70 items

A

Artificial Intelligence

9,442 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Evolv Technology Patents

Evolv Technology has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/22/2015

1/21/2020

Metamaterials, Antennas (radio), Radio frequency antenna types, Radar, Radio electronics

Grant

Application Date

1/22/2015

Grant Date

1/21/2020

Title

Related Topics

Metamaterials, Antennas (radio), Radio frequency antenna types, Radar, Radio electronics

Status

Grant

Latest Evolv Technology News

Winnebago Public Schools Finds Its Security Solution in Evolv Technology

Nov 24, 2022

Nebraska K-12 school enables student safety without harming student experience Evolv Technology , the leader in AI-based weapons detection security screening, announced the successful work it has done in partnership with Nebraska’s Winnebago Public Schools. Winnebago uses Evolv’s state-of-the-art Evolv Express system to help create safer spaces for its elementary through high school students. “Being able to see student flows down to five-minute intervals, detection performance at both entrances, when alerts occurred, and detailed unit information provides us with valuable and actionable information” Winnebago Public Schools in Winnebago, Nebraska, educates roughly 600 students in kindergarten through Grade 12, all in the same building. Installed just prior to the start of the 2022-2023 academic year, in its first month in use at the school’s two entrances, Evolv Express screened more than 17,000 students, educators and visitors. Evolv Express uses powerful sensor technology with artificial intelligence (AI) to provide safer, more accurate threat detection at unprecedented volume and speed. Students can walk through without always having to stop to remove personal items like cellphones or keys and begin their day engaging positively with school staff. School officials have also found success using Evolv Insights®, an analytics dashboard which allows them to continually improve their security posture for the school day as well as special events by providing the ability to easily access and visualize system performance, student flow, and location-specific performance. “Being able to see student flows down to five-minute intervals, detection performance at both entrances, when alerts occurred, and detailed unit information provides us with valuable and actionable information,” said Adam James , safety and events director for Winnebago Public Schools. “Ultimately, Evolv Express was the only technology that met our requirement to improve security without negatively impacting student experience.” While the school has never had a major issue with weapons being brought in, Evolv Express has detected vapes and other prohibited paraphernalia, which administrators believe has deterred students from attempting to bring banned items to the school. According to school officials, the Winnebago community has responded positively to Evolv, with students saying they feel safer, and parents appreciative that the school is being proactive in elevating security. “We are very pleased to hear about the success of Evolv in a community like Winnebago,” said Peter George, CEO of Evolv Technology. “Empowering teachers, principals and school staff to help increase safety in the buildings and reduce anxiety so that the focus can remain on learning is at the center of our mission in the education space.”

Evolv Technology Web Traffic

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Evolv Technology Frequently Asked Questions (FAQ)

  • When was Evolv Technology founded?

    Evolv Technology was founded in 2013.

  • Where is Evolv Technology's headquarters?

    Evolv Technology's headquarters is located at 500 Totten Pond Road, Waltham.

  • What is Evolv Technology's latest funding round?

    Evolv Technology's latest funding round is PIPE.

  • How much did Evolv Technology raise?

    Evolv Technology raised a total of $100.14M.

  • Who are the investors of Evolv Technology?

    Investors of Evolv Technology include Theo Epstein, Motorola Solutions Venture Capital, Newhold Investment, Andre Agassi, Joe Torre and 25 more.

  • Who are Evolv Technology's competitors?

    Competitors of Evolv Technology include Quanergy Systems, Alcatraz AI, Stone Lock Global, Minut, Oloid and 12 more.

Compare Evolv Technology to Competitors

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Alcatraz AI

Alcatraz uses 3D facial mapping and neural networks to automatically enroll an individual based on any current access control method. It enables autonomous access control and uses its intelligence to optimize its security strategy. It caters its services to enterprise and data centers, healthcare, financial, energy, education, telecommunication, and more sectors. The company was founded in 2016 and is based in Cupertino, California.

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Invixium

Invixium manufactures biometric solutions and is focused on providing high-quality products for the industrial/enterprise access control, time and attendance and smart home markets.

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Oloid

Oloid secures contactless biometric authentication in business applications and workflows with its product FaceVault.

Minut Logo
Minut

Minut develops Point, a simple sensor combining sound and machine learning to replace existing home alarm systems.

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Cloudastructure

Cloudastructure delivers cloud-controlled infrastructure to provide Integrated Building Automation Solutions for Video Monitoring and Surveillance as a Service (VSaaS), Door Access Controls as a Service (ACaaS) , as well as integration with sensors to support specific Internet of Things (IoT) initiatives. The company was founded in 2003 and is based in San Mateo, California.

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