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Evolution Equity Partners

SEC exempt reporting adviser (venture capital exemption).

HQ
NY

Evolution Equity Partners is an international venture capital investor focused on cybersecurity, backing entrepreneurs across multiple stages. Founders Richard Seewald and Dennis Smith lead a team of partners and investment staff. Its portfolio includes companies such as Snyk, Aqua Security, Armis, Cyera, and Pentera, which offer application security, cloud protection, cyber risk management, data security, and automated security validation.

01 · Says / Does

TagSaysDoesHistorically (to 2020)
StagesSeed, Series A, Series B, GrowthNot enough dated dealsSeries A, Seed, Growth, Series B
SectorsCybersecurityNot enough dated dealsCybersecurity, Enterprise SaaS, AI applications, Data analytics, Devtools
RegionsGlobalNot enough dated dealsCA, NY, MA

Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.

Historical focus (through 2020), derived from historical deal data.

YearDealsTop sectors
20111AI applications, Cybersecurity
20142Cybersecurity, Devtools, Enterprise SaaS
20153Cybersecurity, Enterprise SaaS, Devtools
20163Cybersecurity, Data analytics, Devtools
20174Cybersecurity, Data analytics, Enterprise SaaS
20188Cybersecurity, AI applications, Enterprise SaaS
20193Cybersecurity, Data analytics, Devtools
20203Cybersecurity, AI applications

Stage mix over time

2011 Series A: 11112132014 Seed: 12014 Growth: 1142015 Series A: 12015 Series B: 12015 Growth: 1152016 Series A: 22016 Series B: 1162017 Seed: 12017 Series B: 22017 Growth: 1172018 Pre-seed: 12018 Seed: 32018 Series A: 32018 Growth: 1182019 Seed: 12019 Series A: 12019 Growth: 1192020 Seed: 12020 Series B: 12020 Growth: 120212223242526
  • Pre-seed
  • Seed
  • Series A
  • Series B
  • Growth
Share of rounds by stage, per year. Striped years have fewer than 3 rounds.Historical focus (through 2020), derived from historical deal data.
Rounds by stage and year
YearPre-seedSeedSeries ASeries BGrowth
201100100
201200000
201300000
201401001
201500111
201600210
201701021
201813301
201901101
202001011
202100000
202200000
202300000
202400000
202500000
202600000

02 · Fund history

FundYearSizeStatus
Evolution Technology Fund IV, L.P.

Evolution Equity Partners is a venture capital investor focused on cybersecurity. It backs entrepreneurs building market-leading companies that defend and protect against threats, from seed through growth stages. Inferred from the firm's website

2026$562.64M to $1200M (Form D)Raising
Evolution Technology Fund III, L.P.

Evolution Equity Partners is a venture capital investor focused on cybersecurity. It backs entrepreneurs building market-leading companies that defend and protect against threats, from seed through growth stages. Inferred from the firm's website

2022$899.8M (Form D)Late investment period

03 · People across funds

04 · Recent deals

No dated deals found yet.

05 · Latest from the firm

No news from the firm's website yet.

06 · Sources

  1. https://evolutionequity.com/
  2. https://evolutionequity.com/contact-us/
  3. https://evolutionequity.com/companies/
  4. https://evolutionequity.com/team/

Fund dates and sizes are from SEC Form D filings.

Last verified: Oct 28, 2026