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RISK & SECURITY | Security Products / Security & Monitoring Equipment
evolvtechnology.com

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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.

Evolv Technology Headquarter Location

500 Totten Pond Road 4th floor

Waltham, Massachusetts, 02451,

United States

781-374-8100

Latest Evolv Technology News

In Aftermath of Shooting, Sarasota County Agricultural Fair Association Turns to Evolv Technology for Security

Oct 5, 2021

October 05, 2021 08:00 AM Eastern Daylight Time WALTHAM, Mass.--( BUSINESS WIRE )--The Sarasota County Agricultural Fair Association has partnered with Evolv Technology (NASDAQ: EVLV), a leader in weapons detection screening, to improve security by using Evolv Express®, Evolv’s award-winning screening solution, at the annual Sarasota County Agricultural Fair. The fair, which is a 10-day event each March, sees more than 140,000 visitors each year. As a result of the partnership, the association has been able to eliminate crowded security lines at entrances, as well as reallocate security staff previously responsible for metal detector wand searches. “Unlike manual checkpoints where fatigue begins to set in on security staff, Evolv Express® delivers the same level of results—whether in the first 30 minutes or 10 hours later,” said Rory S. Martin, President and CEO, Sarasota County Agricultural Fair Association. “Sustaining consistent results through peaks and valleys is really important when checking for weapons. There cannot be a dip in effectiveness.” Evolv Express leverages Evolv Cortex AI™, its best-in-class artificial intelligence (AI) weapons detection algorithms to instantly detect and identify a person carrying a weapon without slowing the flow of visitors carrying their personal items, improving security at the speed and scale required to stay ahead of today’s threats. This reduces unsafe crowding, lowers the risk for human error, and removes the tradeoff between keeping a venue safe and providing a good experience for visitors. Evolv’s systems have been used to screen more than 100 million people in the U.S., second only to the Department of Homeland Security’s Transportation Security Administration (TSA). Evolv Express is 10 times faster than traditional metal detectors, resulting in screening an unparalleled 3,600 people per hour, per system. The world’s most iconic venues and companies place their trust in Evolv to protect their employees and visitors, including Uber, Lincoln Center, L.L. Bean, Six Flags, and hundreds of others. “Protecting the safety of the attendees at nonprofit events like the fair is critically important. Traditional security screening approaches degrade visitor experience and struggle to deliver consistent scanned results,” said Peter George, CEO at Evolv. “We are delighted have partnered with the Sarasota County Agricultural Fair Association to help make their venue safer.” To download a copy of a case study about the Sarasota County Agricultural Fair Association’s use of Evolv Express, for more information about Evolv Express, or to see a demo, visit our website . About Evolv Technology Evolv Technology (NASDAQ: EVLV) is a leader in weapons detection for security screening, securing the world’s most iconic venues and companies. Its mission is enabling a better experience and better security for venues, creating a safer world to work, learn, and play by transforming physical security to make everywhere safer. It gives sports fans, theme park visitors, concertgoers, shoppers, employees, students, and others peace of mind so that they can gather without fear of violence. Its security screening has scanned more than 100 million people, second only to the Department of Homeland Security’s Transportation Security Administration (TSA) in the United States, and its technology combines powerful, advanced sensors with proven artificial intelligence (AI), security ecosystem integrations, and comprehensive venue analytics to reliably detect threats 10 times faster than traditional metal detectors. Evolv Technology, Evolv Express®, Evolv Insights™, and Evolv Cortex AI™ are registered trademarks or trademarks of Evolv Technologies, Inc. in the United States and other jurisdictions. For more information, visit our website. Forward-looking Statements Certain statements in this press release may constitute “forward-looking” statements and information, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. All statements other than statements of historical facts contained in this press release, including statements regarding the potential of the Evolv Express® security system are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In some cases, these forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “should,” “could,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or the negative of these terms or other similar expressions. These forward-looking statements are subject to risks, uncertainties, and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events or our Company’s performance and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation the risk factors set forth under the caption “Risk Factors” in our proxy statement/prospectus, filed with the Securities and Exchange Commission (the “SEC”) on June 28, 2021, as updated by the risk factors disclosed in the section titled “Risk Factors” in our Form 8-K, filed with the SEC on July 22, 2021, and in our other documents filed with or furnished to the SEC. These statements reflect management’s current expectations regarding future events and operating performance and speak only as of the date of this press release. You should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Contacts

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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 6 Expert Collections, including Smart Money VCs (2017-2019).

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