
Evolve Ventures
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
Frequently Asked Questions
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