Evolution Equity Partners
SlowingFiled to raiseNew York, NYCybersecurity, Digital health, Healthcare servicesLast fund filed February 2026
5 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| Evolution Technology Fund IV | February 2026 | $1.2B | $563M | 1,215 |
| Evolution Technology Fund III | June 2022 | $900M | $900M | 1,101 |
| Evolution Holdings InvestorsFiled to raise in 2022, with no closing reported yet. | 2022 | $6M | $0 | 0 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
7 partners are named across this firm’s filings, 5 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| Dennis Smith | Slowing | Digital health, Healthcare services | 7 | 1 |
Categories of Evolution Equity Partners’s own portfolio companies, based on 6 with a verified or cited source.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of Evolution Equity Partners’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Bain Capital Ventures | 1 | Halcyon Tech |
| Boldstart Ventures | 1 | Protect AI |
| Clearsky Security | 1 | Halcyon Tech |
| Corner Ventures | 1 |
| J. Smith | Quiet | Cybersecurity | 10 | 0 |
| Karel Obluk | Quiet | None listed | 0 | 0 |
| Karthik SubramanianNot on the current fund | Quiet | None listed | 0 | 0 |
| Richard Seewald | Quiet | Cybersecurity | 3 | 0 |
| Taher ElgamalNot on the current fund | Quiet | Cybersecurity | 3 | 0 |
| Yuval Ben-Itzhak | Quiet | None listed | 0 | 0 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
| Halcyon Tech |
| Mercury Fund | 1 | careviso |
| NEA | 1 | Beyond Identity |
| SYN Ventures | 1 | Halcyon Tech |
| Wrangler | 1 | Onapsis |
A shared board seat: a company where filings name a Evolution Equity Partners partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.