# Evolve Ventures

Evolve Ventures is a Venture Capital based in San Francisco, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** San Francisco, United States
- **Assets under management:** $117 million
- **Website:** evolve.org
- **LinkedIn:** https://www.linkedin.com/company/evolveventures

## Regulatory record

- **Reports private funds:** No

## About

Evolve Ventures is a venture capital firm headquartered in San Francisco, United States, with $117 million in assets under management. It operates as one of two divisions under the Evolve umbrella organization, alongside the Evolve Foundation, which makes philanthropic grants and pursues direct initiatives. Evolve Ventures was initially funded with $100 million by the Shao family and invests in for-profit companies. The firm is led by Managing Director Julius Mokrauer, who serves on the Evolve Ventures Investment Committee and previously was Managing Director and Fund Manager at Serious Change, a pioneering early-stage impact venture fund. Evolve's broader activities span impact investing and catalytic philanthropy, with notable focus areas including the psychedelic movement and spiritual education. Affiliated and supported organizations include Lykos Therapeutics, MAPS, the Psychedelic Science Funders Collaborative, the Healing Advocacy Fund, Naropa Center for Psychedelic Studies, Fluence, the Grof Legacy Project, BrainFutures, the CIIS Center for Psychedelic Therapies and Research, and the Fireside Project. The firm has also engaged with projects such as Evolve China, Ferry AI, and the Heroic Hearts Project.

## Sectors

- Venture Capital
- United States

## Questions

### What is Evolve Ventures' AUM and initial funding?

Evolve Ventures has $117 million in assets under management and was initially funded with $100 million by the Shao family.

### What is the relationship between Evolve Ventures and Evolve Foundation?

Evolve is an umbrella organization comprising two divisions: Evolve Ventures, which invests in for-profit companies, and Evolve Foundation, which makes philanthropic grants and pursues direct initiatives.

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Last updated: 2026-07-13T10:34:36.000Z

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