What is Evo?
Founded in 2001 and headquartered in Seattle, Washington, Evo operates as a prominent online retailer focused on outdoor gear and fashion apparel. Its product catalog caters to enthusiasts of skiing, snowboarding, wakeboarding, and skating. Evo has established itself as a key player in the direct-to-consumer market for specialized sporting goods and lifestyle wear, leveraging its online platform to reach a broad customer base.
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 Morin, Paul Murphy, and Dave Berkus
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 typically invests in growth-stage technology and financial technology companies. Their focus often includes software, financial services, and business process outsourcing.
Paul Murphy
Paul Murphy is an award-winning artist, photographer, and filmmaker based in London. He offers a range of services including still photography, film production, and print sales. His intended clients include art enthusiasts and individuals seeking unique visual experiences. Additionally, he conducts workshops to share his expertise with aspiring creatives.
What's next for Evo?
The recent major strategic investment in Evo suggests a focus on scaling operations, expanding its product lines, or enhancing its digital infrastructure. As an enterprise-level company, Evo is likely poised for further market penetration and potentially exploring new avenues for growth, such as international expansion or strategic partnerships. The company's trajectory indicates a strong commitment to innovation and customer engagement within the outdoor and action sports retail sector.
See full Evo company page
