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Evolv Technologies Holdings, Inc.

NASDAQ:EVLVLive AI agent

Evolv Technology, founded in 2013, specializes in non-invasive security screening solutions powered by AI-based technologies.

Investor website: https://evolv.com/

About

Evolv Technology, founded in 2013, specializes in non-invasive security screening solutions powered by AI-based technologies. The company aims to enhance safety in various environments, ensuring that everyone feels secure in spaces where they gather.

Verified company data

Cash position
$385 million
Fully diluted shares
approximately 75%
Projects
["Evolv Technology (NASDAQ: EVLV), a leader in weapons detection security screening, today announced a new partnership with Hard Rock International, owned by the Seminole tribe of Florida. Evolv will support the casino’s mission to improve the overall customer experience at the Seminole Hard Rock in Hollywood, FL and in Tampa, FL by installing the company’s free flow, touchless security screening technology.\n\nHard Rock Live at Seminole Hard Rock Hotel & Casino is south Florida’s premier entertainment venue, and ranked No. 3 worldwide in 2021 ticket sales for theatre venues by Pollstar Magazine. Hard Rock Live can support some of the entertainment industry’s biggest performers, as well as nationally and internationally televised awards shows, sporting events and more. A-list entertainers that have recently performed at Hard Rock Live include Paul McCartney, Elton John, The Rolling Stones, Metallica, Guns N’ Roses, Billy Joel, Post Malone, and Dave Chappelle, among others.\n\nHard Rock International selected the award-winning Evolv Express® screening solution to boost safety and streamline the flow of foot traffic to its entertainment events. Evolv Express provides advanced, sensor-based AI-driven screening technology at unprecedented volume and speed. Additionally, Evolv’s data and software analytics provide security staff with powerful insights, which are used to help predict and better manage the pace of crowds through the screening process as venues strive to deliver zero-wait time for guests.\n\n“We are thrilled to be able to offer a better experience for our valued guests by eliminating long lines and the need to empty pockets and bags. With safety and guest experience being our top priorities, Evolv has allowed us to screen large numbers of people in a much more efficient and effective manner,” said Keith Sheldon, President of Entertainment at Hard Rock International and Seminole Gaming.\n\nBy replacing metal detectors with Evolv Express®, lines are reduced dramatically. Additionally, by requiring fewer staff to manage the security screening process, the venue has assigned more team members to cater to its guests’ needs adding to the overall improved experience.\n\n“We are pleased to partner with Hard Rock to help elevate their guest experience while creating a more productive security process,” said Peter George, CEO, Evolv Technology. “We’re honored to be part of the Hard Rock’s efforts to leverage the latest in security technology without inconveniencing the customer, but actually enhancing their experience.”"]
Leadership
Peter George (President and Chief Executive Officer, Experienced leader in technology and security sectors.), David Mounts Gonzales (Board Member, Former CEO of Inmar Intelligence with extensive operations and financial management experience.), Rajan Naik, Ph.D. (Board Member, Senior VP at Motorola Solutions with expertise in corporate strategy and M&A.), Mark Donohue (Chief Financial Officer, Proven finance executive with a background in high-growth SaaS and cybersecurity.)

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