Evolv AI Raises $13.3M in Funding

Evolv AI

Evolv AI, a San Francisco, CA-based maker of an intelligent digital experience optimization and personalization platform, raised $13.3M in funding.

The round, which brought their total funding to date to $23.3M, was led by Horizons Ventures, with participation form NJF Capital, Engage VC, Major Group Asia, and other investors. In addition, Kerry Liu from Horizons Ventures will join Evolv AI’s board of directors and Kathryn Murphy, SVP of product and design at Twilio, has joined the company as an advisor.

The company intends to use the funds to grow its go-to-market capabilities, reach more customers, and accelerate the development of its AI platform.

Led by Michael Scharff, co-founder, Tyler Foster, president and chief technology officer, Evolv Al provides intelligent experiences that allow organizations to learn from every session to improve conversions continuously. Digital leaders rely on it to define their experimentation strategy, generate a constant source of new ideas to explore, and leverage our proprietary AI to progressively improve digital optimization to find the best customer journey.

Utilizing a proprietary machine learning engine and client visitor data, Evolv AI delivers digital growth goals at a high velocity for companies such as AS Watson, Curiosity Stream, DIRECTV, and Verizon.

FinSMEs

09/11/2023