What is Evo?
Founded in 2001 and headquartered in Seattle, Washington, Evo operates as an online destination for outdoor enthusiasts, offering a curated selection of gear and apparel for activities such as skiing, snowboarding, wakeboarding, and skating. The company has built a reputation for its commitment to quality products and its connection to the outdoor sports community. Evo's sustained operations and multiple funding rounds indicate a robust business model within the competitive e-commerce landscape for sporting goods.
How much funding has Evo raised?
Evo has raised a total of $17.6M across 5 funding rounds:
Multiple Rounds
$13.6M
Series A
$2M
Debt
$2M
Debt (2010): $1M, investors not publicly disclosed
Private Equity (2010): $6.6M, investors not publicly disclosed
Series B (2010): $6M supported by Dave Berkus, Paul Murphy, and Dave Morin
Series A (2016): $2M featuring Edison Partners
Debt (2020): $2M backed by PPP
Key Investors in Evo
Edison Partners
Edison Partners is a venture capital firm that likely focuses on providing growth capital to technology-enabled businesses. Their investment in Evo suggests a belief in the company's e-commerce strategy and market position.
Paul Murphy
Paul Murphy is an award-winning artist, photographer, and filmmaker based in London, offering services including still photography, film production, and print sales. His involvement as an investor in Evo is notable, potentially indicating a personal interest or a unique strategic alignment beyond traditional venture capital.
PPP
Public-Private Partnership
What's next for Evo?
The recent major strategic investment signals Evo's readiness for its next phase of expansion. This capital infusion is likely to be directed towards enhancing its product offerings, optimizing its e-commerce platform, and potentially broadening its market reach. As an established player in the outdoor retail sector, Evo is well-positioned to leverage this financing to further solidify its competitive advantage and capitalize on emerging trends in outdoor recreation and lifestyle apparel.
See full Evo company page
