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Evolve Ventures

North America, California, United States, San Rafael

Description

Evolve Ventures is an early-stage venture firm based in San Rafael, California, co-founded by Nicole and Michael Bradford. The firm is distinguished by its highly focused and mission-driven investment thesis: to reduce inner suffering and facilitate inner transformation at scale. This unique mandate positions Evolve Ventures at the forefront of the burgeoning 'inner transformation economy,' seeking out companies that address the root causes of human suffering and unlock individual potential.

The firm primarily invests in transformative technologies across a range of sectors, including mental wellness, psychedelic medicine, consciousness technology, personal growth platforms, digital therapeutics, and neurotech. Evolve Ventures targets companies developing innovative solutions that can bring about profound positive change in human well-being. Their portfolio includes notable companies such as Osmind, Journey Clinical, and Mindbloom, all aligned with their core mission of improving mental health and fostering personal development.

Evolve Ventures typically invests at the Seed stage, though they also make select Pre-Seed and Series A investments. Their initial check size generally ranges from $250,000 to $1,000,000. Beyond capital, the firm emphasizes providing strategic support and leveraging their network to help founders navigate the complex landscape of health and wellness innovation. They also reserve capital for follow-on investments, demonstrating a long-term commitment to their portfolio companies as they scale.

Their focused approach allows them to be deeply knowledgeable partners for founders operating in this specialized and impactful space. By concentrating on ventures that aim to alleviate suffering and promote transformation, Evolve Ventures plays a crucial role in advancing a new generation of solutions for global well-being.

Investor Profile

Evolve Ventures has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 8 rounds, about 32% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Convertible Note rounds (top funding stages).
  • Majority of deals are located in United States, Canada, United Kingdom.
  • Strong thematic focus on Education, Health Care, Wellness.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (40%)
  • Series A (28%)
  • Convertible Note (20%)
  • Pre Seed (4%)
  • Series Unknown (4%)
  • Series C (4%)

Country Focus

  • United States (88%)
  • Canada (8%)
  • United Kingdom (4%)

Industry Focus

  • Education
  • Health Care
  • Wellness
  • Internet
  • Therapeutics
  • Software
  • Edtech
  • E-learning
  • Medical
  • Financial Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Evolve Ventures frequently co-invest with?

Reach Capital
North America, California, United States, San Francisco
Co-Investments: 2
Female Founders Fund
North America, New York, United States, New York
Co-Investments: 2
FJ Labs
North America, New York, United States, New York
Co-Investments: 1
Caffeinated Capital
North America, California, United States, San Francisco
Co-Investments: 1
Crosscut Ventures
North America, California, United States, Los Angeles
Co-Investments: 2
1440 Foundation
North America, California, United States, Saratoga
Co-Investments: 1
SF
North America, Virginia, United States, Arlington
Co-Investments: 1
Satori Capital
North America, Texas, United States, Dallas
Co-Investments: 1
Bridge Builders Collaborative
North America, Minnesota, United States, Minneapolis
Co-Investments: 4
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2

Which angels does Evolve Ventures often collaborate with?

CN
North America, California, United States, San Francisco
Shared Deals: 1
CR
North America, California, United States, Los Angeles
Shared Deals: 1
RP
North America, Texas, United States, Austin
Shared Deals: 1
JW
North America, New York, United States, New York
Shared Deals: 1
AH
North America, New York, United States, New York
Shared Deals: 1
MC
North America, New York, United States
Shared Deals: 2
ER
North America, California, United States, San Francisco
Shared Deals: 1
FE
North America, California, United States, San Francisco
Shared Deals: 1
VA
Europe, England, United Kingdom, London
Shared Deals: 1
EG
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Evolve Ventures?

Beckley Waves

Beckley, Oxfordshire, United Kingdom

Beckley Waves funds, supports, and mentors the emerging leaders, entrepreneurs, and partnerships.

AdviceFinancial ServicesTherapeuticsVenture CapitalWeb Apps
SeedSep 14, 2023
Amount Raised: $3,300,000
Homecoming

Toronto, Ontario, Canada

Homecoming is a provider of patient engagement tools for psychedelic therapy.

Health CareMedical
SeedApr 7, 2022
Amount Raised: $4,000,000
Fluence

New York, New York, United States

Fluence offers continuing education and certificate programs in psychedelic integration and psychedelic-assisted therapy.

Continuing EducationE-LearningEducationPsychologyTraining
SeedFeb 15, 2022
Amount Raised: $1,400,000
Wayfinder

Bend, Oregon, United States

Wayfinder is a leading provider of curriculum and products that help K-12 students develop belonging + purpose.

EdTechEducationPrimary EducationSecondary EducationSpecial Education
Series AJan 5, 2022
Amount Raised: $6,600,000
The Shift Network

San Rafael, California, United States

Shift Network is an internet-based transformational education firm covering areas from spiritual growth to enlightened business, and more.

E-LearningEducationPersonal DevelopmentWomen's
Series AOct 12, 2021
Amount Raised: $8,700,000
Kenshō Health

Venice, California, United States

Take a whole-person view of your health, supported by a health coach

Health CareInternet
SeedAug 5, 2021
Amount Raised: $3,500,000
Wayfinder

Bend, Oregon, United States

Wayfinder is a leading provider of curriculum and products that help K-12 students develop belonging + purpose.

EdTechEducationPrimary EducationSecondary EducationSpecial Education
SeedMar 3, 2021
Amount Raised: $1,500,000
TRU LUV

Toronto, Ontario, Canada

TRU LUV helps communities achieve revolutionary benefit through amplified compassion

Artificial Intelligence (AI)iOSMobileSoftwareWellness
Series UnknownJul 2, 2020
Parent Lab Inc.

Palo Alto, California, United States

ParentLab helps parents connect and grow with their children through insightful, research-based content.

EducationInternet
Series AOct 29, 2019
Ten Percent Happier

Boston, Massachusetts, United States

Ten Percent Happier is a health and wellness platform that offers a simple approach to meditation.

EducationHealth CareInternetmHealthWellness
Series AOct 7, 2019
Amount Raised: $3,000,000