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Evolvent Technologies
Evolvent Technologies has been acquired by a public company.
PrivCo has ceased its coverage of Evolvent Technologies and below is the archived report.
Business Summary
Evolvent Technologies is a formerly private healthcare information services and cyber security company, and was acquired by publicly-traded ManTech International. The healthcare IT company has expertise in United States federal healthcare systems, and has expereince serving the Department of Defense, the Department of the Interior, and the Department of Veteran Affairs, among othres. Services provided by Evolvent include imaging management, telehalth (medical services provided over the Internet), and psychological services that includes creating virtual worlds in which patients' virtual behavior can be analyzed. Acquired in January 2012, Evolvent Technologies was founded in 2000 by Paul Ramsaroop and is headquartered in Falls Church, VA.
Overview & Corporate Organization
Basic Information
| Year Founded: | 2000 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Falls Church |
| State/Province: | Virginia |
| Country: | United States |
| Phone: | View |
| Website: | www.evolvent.com |
Corporate Organization
| Affiliate Companies: | SAIC Inc |
| Brands: | iScheduler |
| Founders: | Paul Ramsaroop |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | Evolvent Technologies fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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Evolvent Technologies Revenues ($ MM): |
Evolvent Technologies Total Employees: |
Evolvent Technologies Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Apr. 2011 | Completed | View1 | View | Joint Venture / Partnership Formed | View |
| Details | Jan. 2012 | Completed | View2 | View | Acquisition | View |
| 1 | Evolvent Technologies partnered with Telus...Read More → |
| 2 | In January 2012, ManTech International...Read More → |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Aug. 2005 | Prudential Capital Partners, L.P. | A | Private Equity | |
| Aug. 2005 | Unspecified Investors | A | ||
| Details | Total Round A1 $4,500,000 | |||
| Total of Funding Shown Above $4,500,000 | ||||
| 1 | In August 2005, Evolvent CEO Paul Ransaroop announced that the firm had closed over $4.5 million in funding to expand the business. Much of this expansion was through acquisitions and was financed by at least $2.2 million in debt. - Details → |
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Supplemental Resources
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