Evolution Equity Partners is a venture capital firm based in the United States, focused on cybersecurity and enterprise technology companies. The firm backs founders at the growth stage – typically Series A and Series B rounds – in software businesses that address security, data, and infrastructure challenges. While the firm operates primarily out of New York, it has maintained a transatlantic presence, with partners and deal flow spanning North America and Europe.
The firm was founded around 2016–2017 by Richard Seewald, who serves as founder and managing partner. Before launching Evolution Equity Partners, Seewald held senior roles at global financial institutions and had prior experience in technology investing. The firm targets B2B software companies, with cybersecurity as its primary thesis – a sector that attracted significant institutional capital through the late 2010s and early 2020s as enterprise security spending accelerated.
Evolution Equity Partners has raised multiple funds since inception. Specific fund sizes have not been fully disclosed in public filings, but the firm has been active across successive vintages. Its investment pace increased notably between 2019 and 2023, coinciding with broader expansion in venture funding for security software. The firm's limited partners are understood to include institutional allocators, though the full LP roster is not publicly disclosed.
Notable investments
Evolution Equity Partners has backed companies operating at the intersection of cybersecurity, data analytics, and enterprise software. Public information about its full portfolio is limited, and the firm does not maintain a comprehensive public deal log. Among the companies associated with the firm in public reporting:
- Deep Instinct – AI-native cybersecurity company using deep learning for threat prevention, based in New York and Israel.
- Hunters – Security operations platform automating SOC workflows, headquartered in Tel Aviv with US operations.
- Logz.io – Cloud-native observability and log management platform.
- Confluera – Cybersecurity company focused on real-time attack interception.
Public information about the firm's direct exposure to blockchain or crypto-native projects is limited. Any crypto-adjacent investments appear to sit within enterprise security or data infrastructure rather than token-based protocols.
Team
Richard Seewald is the best-documented figure associated with the firm. Public information about other named partners or principals at Evolution Equity Partners is limited. The team appears lean relative to larger multi-stage funds, consistent with a concentrated, high-conviction approach to portfolio construction. The firm has not published detailed team biographies in a format that is reliably accessible in public sources.
For sourcing and verification, the firm's official website and its Crunchbase profile provide the most current public-facing information. SEC investment adviser filings, where applicable, may contain additional disclosure on fund structures and AUM.
Recent activity
Between 2024 and early 2026, Evolution Equity Partners maintained its focus on enterprise cybersecurity amid a broader reset in venture valuations. The security sector held up comparatively well through the funding contraction that followed the 2021 peak, as enterprise buyers continued prioritising security budgets. Public announcements of new Evolution Equity investments during this period have been sparse, which may reflect either quieter deployment pace or a preference for limited press around deal announcements.
The firm's geographic focus remains weighted toward US-headquartered companies, with secondary exposure to Israeli cybersecurity, which has historically been one of the densest global clusters for security-focused venture activity. Whether Evolution Equity has broadened its mandate into adjacent areas – such as AI-driven security tools or identity infrastructure – is not clearly documented in available public sources.
Investors tracking this firm should cross-reference Crunchbase and SEC Form D filings for the most accurate and current data on fund closes and disclosed round participation. Public information on total AUM and recent fund size remains limited as of mid-2026.