# EvolutionIQ funding: rounds and investors

> EvolutionIQ has raised $20M across 1 round since 2024. Investors include Plug and Play, First Round Capital and Foundation Capital. Every round with its source.

Source: https://millionrounds.com/company/evolutioniq (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *EvolutionIQ*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2024, from 1 source

- **Latest round:** Series C, $20M Aug 2024
- **Investors:** 5

See who backed them

## The rounds

- **Aug 2024** Series C **$20M** [Plug and Play](https://millionrounds.com/fund/plug-and-play) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [FirstMark](https://millionrounds.com/fund/firstmark) [Asymmetric Capital Partners](https://millionrounds.com/fund/asymmetric) Source recorded SEC filing: $20M sold, first sale Jul 2024

## Founders and team

From EvolutionIQ's own website: 3 founders, 6 on the team.

**Jonathan Lewin** Co-founder and CEO

**Mike Saltzman** Co-founder and CEO

**Tomas Vykruta** Co-founder and President

- **Benjamin Berry** Chief Product Officer
- **Karan Uppal** Chief Technology Officer
- **Richard Timbol** Chief Security Officer
- **Rooney Gleason** Chief Insurance Officer
- **Sarah Schuermann** VP, People
- **Melissa Vadasserril** Senior Director, Product Marketing

## Everyone who backed them

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round

[Foundation Capital](https://millionrounds.com/fund/foundation-capital) VC firm **1** round

[FirstMark](https://millionrounds.com/fund/firstmark) VC firm **1** round

[Asymmetric Capital Partners](https://millionrounds.com/fund/asymmetric) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=evolutioniq).

## Also claim to have backed them

These 3 firms list EvolutionIQ as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity Per its own site

[ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Family office Per its own site

[Altai Ventures](https://millionrounds.com/fund/altai-ventures) VC firm Per its own site

## Quick answers about EvolutionIQ

### Who invested in EvolutionIQ?

EvolutionIQ's investors include Plug and Play, First Round Capital, Foundation Capital, FirstMark and Asymmetric Capital Partners.

### How much has EvolutionIQ raised?

EvolutionIQ has raised $20M across 1 round since 2024.

### When did EvolutionIQ last raise?

EvolutionIQ's most recent round was a Series C of $20M in Aug 2024.

### What was EvolutionIQ's biggest round?

Its most recent round, $20M in Aug 2024, is also its largest on record.

### Who backed EvolutionIQ first?

EvolutionIQ's first round on record, in Aug 2024, was backed by Plug and Play, First Round Capital and Foundation Capital and 2 others.

### What stage is EvolutionIQ at?

EvolutionIQ's latest named round is a Series C, in Aug 2024.

### Where is EvolutionIQ based?

EvolutionIQ is based in the United States.

## Companies like EvolutionIQ

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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