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Evolv Technology Solutions
Evolv Technology Solutions provides AI-based weapons detection screening systems for public venues.
Evolv Technology Solutions
Evolv Technology Solutions was founded in 2013 with a mission to make public spaces safer through non-invasive security screening. The company is headquartered in San Francisco with additional offices in Waltham, Massachusetts. Its leadership team includes John Kedzierski, Anil Chitkara, Owais Hassan, and others who oversee product, operations, and finance. Evolv’s core product line includes the Evolv Express® and Evolv eXpedite™ screening systems, which use AI to detect concealed weapons while allowing people to walk through at normal speed. The Evolv Safer Experience System™ combines these hardware units with cloud-based analytics, a mobile/web dashboard (Evolv Insights®), and an Open API for integration with existing security ecosystems. The company’s technology screens up to 4,000 people per hour and has detected over 400,000 weapons in a single year. Customer deployments span K-12 schools, hospitals, workplaces, sports stadiums, and entertainment venues across the United States. Notable sports clients include the Philadelphia Union, Philadelphia Phillies, Pittsburgh Pirates, and Minnesota Twins, among others. Since its founding, Evolv has screened more than 4 billion people and maintains a recurring revenue model anchored by annual contracts. The company reported Q4 2025 revenue of $38.5 million, up 32% year-over-year, with ending ARR of $120.5 million. Its partnership network includes professional sports teams, school districts, and cultural venues. In April 2026, Evolv announced a marketing partnership with the University of Minnesota Athletic Department, designating Evolv as the “Official Fan Screening Partner” for the university’s sports programs (per company press release, April 2026). Evolv operates as a publicly traded company (NASDAQ: EVLV) rather than a private family office. Its structural differentiator lies in its end-to-end IoT and AI platform, which aims to replace traditional metal detectors with a dignified, high-throughput screening experience. The U.S. Department of Homeland Security’s SAFETY Act designation provides liability protection for its anti-terrorism technology, reinforcing its position in the public safety market.
General information
Firm type
other
Year founded
2013
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Additional offices
Waltham, MA, United States
Principals
John Kedzierski
Leader
Anil Chitkara
Leader
Owais Hassan
Leader
Jeff Gatto
Leader
Liza Knapp
Leader
Chris Kutsor
Leader
Robert Marshall
Leader
Alexandra Smith Ozerkis
Leader
Rachel Roy
Leader
Sector focus
Frequently asked questions
Who runs investment decisions at Evolv Technology Solutions?
Evolv is led by a team of executives including John Kedzierski (Leader, Company/Innovation/Partnerships/Technology/Physical Security), Anil Chitkara, Owais Hassan, Jeff Gatto, Liza Knapp, Chris Kutsor, Robert Marshall, Alexandra Smith Ozerkis, and Rachel Roy. The board of directors includes Neil Glat, Kevin Charlton, Mike Ellenbogen, David Mounts Gonzales, Rajan Naik, Kimberly Sheehy, Mark Sullivan, and Henrik Kühl (per firm website).
How does Evolv Technology Solutions source proprietary deal flow?
As a publicly traded operating company, Evolv does not function as an investment firm. Its revenue is generated through direct sales of its hardware and software security solutions to customers such as schools, sports venues, and businesses. Deal flow refers to customer acquisition via sales teams and channel partners.
Is Evolv structured as a single family office or does it operate more like a venture firm?
Neither. Evolv Technology Solutions is a publicly traded corporation (NASDAQ: EVLV) that designs and sells physical security technology. It is not a family office, venture firm, or asset manager. Its business model involves product development, manufacturing, and services.
Does Evolv participate in fund commitments or only direct deals?
Evolv does not make fund commitments or direct investment deals. It is an operating company that generates revenue from sales of its weapons detection systems and related services. Investment activity is limited to corporate functions such as R&D and capital expenditures.
What investment stages does Evolv typically target?
Evolv is not an investment firm. It does not target investment stages. Its product lifecycle includes early-stage development (internal R&D) and commercial deployment. The company may engage in partnerships or acquisitions, but such activity is not transparent in public filings beyond standard corporate disclosure.
Which sectors does Evolv explicitly avoid?
Evolv does not publish a list of avoided sectors. Its technology is designed for physical security screening at public venues. It is deployed across education, sports, entertainment, healthcare, workplace, and government sectors. No sector avoidance is explicitly stated.
How is Evolv related to its parent or related vehicles?
Evolv Technology Solutions is the operating name for Evolv Technologies Holdings, Inc., a publicly traded company. There is no disclosed parent company or related family office. Its corporate structure is that of a standalone public entity (NASDAQ: EVLV).
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