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Evolution Equity Partners

Evolution Equity Partners

Venture Capital

Evolution Equity Partners invests in fast growing technology companies with a focus on cybersecurity and enterprise software markets.

Portfolio

4

companies


Portfolio companies

CybSafe

CybSafe

CybSafe builds cybersecurity software that manages human cyber risk using behavioral and data science.

Elliptic

Elliptic

Elliptic provides cryptoasset risk management and blockchain analytics for financial institutions.

Panaseer

Panaseer

Panaseer provides a continuous controls monitoring platform for enterprise security.

Quantexa

Quantexa

Quantexa provides contextual decision intelligence software for enterprise data management.


Team

Richard Seewald

Richard Seewald

Founder and General Partner

Richard is the founder and managing partner at Evolution Equity Partners. He also serves on the boards of Noma Security, Torq, Halcyon, and Pentera, alongside his investment work at Snyk.

LinkedIn
KS

Karthik Subramanian

Partner


Recent investments

Series B
£22.2M

Evolution Equity Partners led the Series B funding to accelerate product development and international expansion.

"We invest in founders with disruptive cybersecurity offerings that are reimagining how businesses approach the increasing depth and breadth of cyber threats. CybSafe’s disruptive approach tackles a complex problem with a simple solution. They design their products with the user in mind, ensuring they are tackling the cause rather than simply treating the symptoms of cyber risk. CybSafe goes far beyond traditional compliance driven approaches to security awareness, and instead focuses on delivering a genuine reduction in human cyber risk."
— Karthik Subramanian, Partner
Series C
£43.7M

Evolution Equity Partners led the Series C financing round, with backing from SoftBank Vision Fund 2 and existing investors.

"At Elliptic, we help financial institutions, from crypto exchanges to the world's leading banks, embrace cryptoassets more safely. This fundraising round is an endorsement of the opportunity for cryptoassets in the financial industry – and our absolutely critical role in the ecosystem."
— Simone Maini, CEO
Series B
$26.5M

AllegisCyber Capital led the financing round with participation from a roster of new and existing investors.

"The emergence of Continuous Controls Monitoring as a new cybersecurity category demonstrates a 'coming of age' for cybersecurity. Cyber is the existential threat to the global digital economy. All levels of the enterprise, from the CISO, to Chief Risk Officer, to the Board of Directors are demanding comprehensive visibility, transparency and hard metrics to assess cyber situational awareness. Panaseer has demonstrated itself as the leader in this critical new category and we are excited to be working with the team to further advance its leadership role in this essential market."
— Bob Ackerman, Founder and Managing Director
Series C
£51.2M

Evolution Equity Partners led the Series C financing alongside participation from British Patient Capital, ABN AMRO Ventures, Dawn Capital, AlbionVC, HSBC and Accenture Ventures.

"We are thrilled that Evolution Equity Partners and British Patient Capital will be joining our team, alongside the strategic investment from ABN AMRO Ventures. Together with the continued trust and commitment from our existing investors, we will drive the next phase of Quantexa’s growth. We are seeing a huge demand for our platform to support multiple applications across our core markets in financial services and within new industry sectors. This investment will accelerate our product innovation roadmap and enable us to invest further into Europe, North America and Asia Pacific regions, as well as expand into new locations."
— Vishal Marria, CEO