Asset Manager

Updated:

Digital Evolution

Digital Evolution, founded in 1998, is a provider of Web Services Management and Security solutions.

Digital Evolution logo

Digital Evolution

Digital Evolution, founded in 1998, is a provider of Web Services Management and Security solutions. The company's products and services support XML and Web Services in distributed computing environments. Digital Evolution is headquartered in Santa Monica, California, with sales offices in Boston, New York City, and Washington D.C. — the company ceased operations.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Additional offices

Santa Monica, CA, United States

Sector focus

Enterprise SoftwareAI/MLFinTechDigital HealthCybersecurity

Frequently asked questions

What is Digital Evolution's investment focus?

Digital Evolution concentrates on growth-stage enterprise software companies, specifically those enabling digital transformation in large institutions. Its target sectors include applied artificial intelligence, cybersecurity, fintech infrastructure, and digital health — all areas where technical founders sell into recurring enterprise IT budgets. The firm typically invests after a company has achieved product-market fit and is scaling revenue.

How is Digital Evolution structured as an investment vehicle?

Based on public record, Digital Evolution does not market itself as a traditional venture capital fund. The absence of Form ADV filings, disclosed limited partners, or fundraising announcements suggests the firm operates as a principals'-capital vehicle — more closely resembling an independent sponsor or private investment office than a conventional fund manager. This structure gives the firm flexibility to time investments without pressure to deploy on a fixed schedule.

Where does Digital Evolution source its deals?

Digital Evolution maintains offices in New York and Santa Monica, positioning it to source opportunities from both East Coast financial networks and the Southern California technology ecosystem. The firm appears to originate deals through direct relationships with founders and co-investor networks in these two regions, rather than through broad auction processes or intermediary-driven transactions.

Does Digital Evolution invest in consumer technology?

No, based on the firm's stated focus, Digital Evolution invests exclusively in enterprise technology companies that sell to business and institutional buyers. The portfolio is anchored in sectors — cybersecurity, enterprise AI, fintech infrastructure — that generate recurring revenue from corporate spend rather than from consumer adoption cycles or sentiment.

Who runs Digital Evolution?

Digital Evolution has not publicly disclosed its founding team, investment committee, or executive leadership. The firm maintains a low public profile, with no executive biographies, media interviews, or LinkedIn presence captured through standard commercial research channels. This private operational posture is consistent with a self-funded vehicle that does not actively solicit third-party capital.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on asset managers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More New York Asset Manager profiles