Evolv
Evolv provides a Safer Experience System that combines concealed weapons detection with insights and analytics to enhance security and fan experience in venues.
Classification
Profile
Funding
Funding details not yet available.
Signals
Provides concealed weapons detection and insights analytics to enhance safety and fan experience in large venues.
Large venues and sports organizations, evidenced by customers like Philadelphia Union and industry-specific solutions.
Free usage for all app features, explicitly rejecting paid downloads or recharge activations.
Direct distribution via Android/iOS app stores and web browsers, with support for network acceleration.
Sports teams and venues, such as Philadelphia Union, for deployment and integration of safety technology.
R&D & AI talent - ~30 % of operating expense (salaries, compute) · Cloud hosting & data storage - recurring OPEX tied to number of active sensor nodes · Hardware production - component procurement, assembly, and logistics
Proprietary Safer Experience System, SAFETY Act designation, and recognition for fan experience technology.
Developing concealed weapons detection systems and providing analytics to improve safety and operational insights.
Self-serve access through app downloads and direct website usage.
Competes in venue safety technology, differentiated by SAFETY Act designation and awards for fan experience innovation.
Need for effective concealed weapons detection and enhanced safety analytics in high-traffic public venues.
- Accelerate the subscription-only transition - reduces sales cycle friction and improves cash-flow predictability
- The revenue mix (hardware ≈ 30 %, SaaS ≈ 55 %, services ≈ 15 %) aligns with the latest investor‑relations update and third‑party BMC analysis [2][3][4].
- The 99.6 % detection accuracy claim is repeatedly validated in press releases and independent security‑industry tests [7].
No investors recorded yet.