Tech Company Financing Transactions

EvolutionIQ Funding Round

EvolutionIQ, based in New York, received $21 million from Brewer Lane Ventures, Altai Ventures and Asymmetric Capital Partners.

Transaction Overview

Company Name
Announced On
4/12/2022
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series A
Proceeds Purpose
The funding will largely be used to expand the engineering, data science, product, and customer success teams who are responsible for the company's growth, including the development of new AI modules. Today, over 25 percent of EvolutionIQ's technical employees come from Google, which is rare for companies in the insurance industry.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
336 West 37th St 200
New York, NY 10018
USA
Phone
Undisclosed
Email Address
Overview
EvolutionIQ is powering the next wave of the insurance industry. We use data to create better outcomes for clients, carriers and employees. Our Vision is to power the data-driven insurance revolution, enabling carriers to use all available data to deploy the lessons of the past directly to the front lines, making claims handling better, fairer and faster.
Profile
EvolutionIQ LinkedIn Company Profile
Social Media
EvolutionIQ Company Twitter Account
Company News
EvolutionIQ News
Facebook
EvolutionIQ on Facebook
YouTube
EvolutionIQ on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Tom Vykruta
  Tom Vykruta LinkedIn Profile  Tom Vykruta Twitter Account  Tom Vykruta News  Tom Vykruta on Facebook
Chief Operating Officer
Mike Saltzman
  Mike Saltzman LinkedIn Profile  Mike Saltzman Twitter Account  Mike Saltzman News  Mike Saltzman on Facebook
President
Jonathan Lewin
  Jonathan Lewin LinkedIn Profile  Jonathan Lewin Twitter Account  Jonathan Lewin News  Jonathan Lewin on Facebook
VP - Engineering
Karan Uppal
  Karan Uppal LinkedIn Profile  Karan Uppal Twitter Account  Karan Uppal News  Karan Uppal on Facebook
VP - Marketing
Jason Kapler
  Jason Kapler LinkedIn Profile  Jason Kapler Twitter Account  Jason Kapler News  Jason Kapler on Facebook
VP - Product Management
Benjamin Berry
  Benjamin Berry LinkedIn Profile  Benjamin Berry Twitter Account  Benjamin Berry News  Benjamin Berry on Facebook
VP - Sales
Alexander Young
  Alexander Young LinkedIn Profile  Alexander Young Twitter Account  Alexander Young News  Alexander Young on Facebook


 

 

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About Database of VC Transactions

Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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