Evolve

company

About

Evolve offers rental services for vacation with modern approach to hospitality and property.

Details

Last Funding Type
Series F
Last Funding Money Raised
$100M
Industries
Hospitality,Tourism,Travel,Vacation Rental
Founded date
Jan 1, 2011
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Evolve Vacation Rental Network, Inc.
Also Known As
Evolve Vacation Rental

Evolve is a hospitality company with a mission to make renting a vacation home easy for both guests and homeowners. They help guests rest easy knowing our homes are verified, our support is 24/7, and if their stay doesn’t meet our standards, we’ll make it right. We also make vacation rental stress-free for homeowners, partnering with them to book more and keep more of what they earn thanks to our industry-low 10% management fee.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$224.20M
Evolve has raised a total of $224.20M in funding over 2 rounds. Their latest funding was raised on Feb 14, 2022 from a Series F round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 14, 2022 Series F $100M 1 Durable Capital Partners Detail
May 29, 2020 Series E $25M 4 Detail
Aug 23, 2018 Series D $80M 4 T. Rowe Price Detail
Jun 1, 2017 Series C $11M 4 T. Rowe Price Detail
Jun 9, 2016 Series B $5.50M 3 T. Rowe Price Detail

Investments

Number of Investments
Number of Lead Investments
4
0
Evolve has made 4 investments. Their most recent investment was on Dec 24, 2021, when NirogStreet raised $4M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 24, 2021 NirogStreet
Series A $4M Apps
Jul 22, 2021 NirogStreet
Series A $2.50M Apps
May 30, 2021 Plum
Series A $15.60M Employee Benefits
Nov 17, 2015 Smytten
Seed $200K Consumer

Investors

Number of Lead Investors
Number of Investors
5
9
Evolve is funded by 9 investors. Durable Capital Partners and Robert Mylod Jr. are the most recent investors.
Investor Name Lead Investor Funding Round
Durable Capital Partners Yes Series F
Robert Mylod Jr. Yes Series A
ArrowMark Partners Series E
Foxhaven Series E
T. Rowe Price Series E
Winslow Capital Series E
Allen & Company Series C
Annox Capital Series C
PAR Capital Management Series C

Employee Profiles

Number of Employee Profiles
9
Evolve has 9 current employee profiles, including Board member Robert Mylod Jr.
Board member
Executive
Board member
Board member
Executive

Acquisition

Evolve has acquired 1 organizations. Their most recent acquisition was Everbooked on Oct 24, 2018. They acquired Everbooked for 0.

Date Company Name
Industry Acquisition Type Price
Oct 24, 2018 Everbooked
Computer acquisition Detail