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Venture Capital News: Evolv AI Scores $13.3M

2023-11-09
SAN FRANCISCO, CA, Evolv AI today announced the closing and conversion of their previously issued convertible notes and a new equity round, for a total of $13.3 million in new funding.
Evolv AI, the maker of the world's leading intelligent digital experience optimization and personalization platform, today announced the closing and conversion of their previously issued convertible notes and a new equity round, for a total of $13.3 million in new funding. Led by Horizons Ventures, the round brings their total funding to date to $23.3M. New and existing investors like Horizons Ventures, NJF Capital, Engage VC, Major Group Asia, and others participated in the round.

Evolv Al powers intelligent experiences that enable organizations to learn from every session to improve conversions continuously. Digital leaders rely on Evolv AI 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.
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