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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:
Brands:
iScheduler
Founders:
Paul Ramsaroop

Industry Information

Industry Codes

PICS™:7004™, 15002™, 1301112™, 1303211™, 1501522
NAICS:View
SIC:View

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especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Charts, Financials, and Statistics (Table Format)

Below are Evolvent Technologies financials and other business metrics displayed in table format.
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Income Statement201120102009200820072006
RevenuesViewViewViewViewViewView
Employee Figures201120102009200820072006
Total EmployeesViewViewViewViewView 
Productivity (Revenue/Employee)ViewViewViewViewView 
Notes
Financial Notes:
*Evolvent Technologies fiscal year end: 12/31
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Charts, Financials, and Statistics (Graphs)

Below are Evolvent Technologies financials and other business metrics displayed in table format.
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Evolvent Technologies Revenues ($ MM):
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Evolvent Technologies Total Employees:
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Evolvent Technologies Productivity (Revenue/Employee) ($):
(Revenue Per Employee, Displayed as graph)

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Mergers & Acquisitions

PrivCo's M&A Activity table for Evolvent Technologies displays the mergers and acquisitions involving Evolvent Technologies, for example if Evolvent Technologies acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsApr. 2011CompletedView1ViewJoint Venture / Partnership FormedView
DetailsJan. 2012CompletedView2ViewAcquisitionView
Notes
1Evolvent Technologies partnered with Telus...Read More →
2In January 2012, ManTech International...Read More →
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Evolvent Technologies displays the venture capital rounds, angel investments, debt or other funding raised by Evolvent Technologies.
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DateInvestorRoundInvestor Type
Aug. 2005Prudential Capital Partners, L.P.APrivate Equity
Aug. 2005Unspecified InvestorsA
DetailsTotal Round A1 $4,500,000
Total of Funding Shown Above $4,500,000
Notes
1In 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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