Evolution VC Partners
Evolution VC Partners is a New York-based venture capital firm founded by Gregg Smith that invests personal capital across seed-to-growth stages in 130+ culture-tech, AI, defense tech, consumer, and frontier technology startups, with 40+ portfolio companies reaching unicorn status.
- Company typePrivate
- Founded2015
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Evolution VC Partners does
Evolution VC Partners is a New York-based venture capital firm founded by Gregg Smith that invests personal capital across every stage of the private company lifecycle, from seed through growth. The firm is structured as Evolution VCP LLC and operates from 641 Lexington Avenue in Manhattan with a lean team of 1-10 employees led by Founder Gregg Smith and Investment Associate Robert J. Harary. Smith, a former investment banker with 15+ years at Bear Stearns, Banc of America Securities, and Cowen and Co. (where he headed the Private Equity Group), has personally executed 250+ private equity transactions and applied that experience to a "Culture-Tech" investment thesis focused on companies disrupting how people eat, heal, travel, shop, work, play, and consume media.
The firm sources deals directly through founder networks, angel groups (it is the only east coast member of Sand Hill Angels and an active Gaingels participant), and proprietary flow, and it holds LP positions in 25+ venture funds including Hack.vc, OurCrowd, Proof.vc, and Poseidon Asset Management. The portfolio spans 130+ companies across 16+ sector categories including Artificial Intelligence, Defense Tech, Consumer Brands, Health, FinTech, SaaS, Frontier Tech, and Transportation & Mobility, with 40+ holdings having achieved unicorn status. Notable positions and exits include Beyond Meat (reported 200X return, IPO), Archer Aviation (stealth-stage entry, SPAC exit), Figure AI, Juul, Relativity Space, Proterra, Rubrik (IPO), and Unity (IPO).
Rather than earning management fees from external LPs, the firm generates returns through equity realizations via IPOs, SPACs, and secondary transactions. Smith positions himself as a hands-on "Rabbi" to founders, providing 24/7 availability, deck editing, recruiting assistance, and business development introductions. The firm supplements this model with an above-average media footprint, including regular appearances on Fox Business's Varney show since 2019, and outreach initiatives such as a Venture Capital Bootcamp for Kids hosted at its New York headquarters.
Evolution VC Partners firmographics
Firmographics- Name
- Evolution VC Partners
- Legal name
- Evolution VCP LLC
- Website
- https://evolutionvcp.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Evolution VC Partners is a New York-based venture capital firm founded by Gregg Smith that invests personal capital across seed-to-growth stages in 130+ culture-tech, AI, defense tech, consumer, and frontier technology startups, with 40+ portfolio companies reaching unicorn status.
- Ownership category
- akta.pro rank
Evolution VC Partners industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Micro-VC & Angel Funds (FSANAAAI)
- akta.pro secondary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Evolution VC Partners is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Evolution VC Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Venture Capital Returns: Returns on equity investments in private venture-backed companies through exits via IPO, acquisitions, and secondary transactions. The firm invests its own capital across all stages from seed to growth.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Evolution VC Partners product offering
Product offeringCore offering
Evolution VC Partners is a self-funded venture capital firm that invests its own capital in private, venture-backed companies across all stages (seed to growth). The firm focuses on 'Culture-Tech' sectors spanning AI, defense tech, consumer brands, health, fintech, food & beverage, frontier tech, SaaS, marketplaces, transportation, and life sciences, while also making LP commitments to other venture funds and providing hands-on 24/7 advisory to portfolio founders.
Product overview
Evolution VC Partners is a single unified venture capital investment platform rather than a platform-plus-modules architecture. The firm provides investment capital and advisory services to early and growth-stage companies across 16+ portfolio categories including AI, Defense Tech, Consumer, Health, FinTech, SaaS, and more. Their core offering is capital deployment combined with founder support, with their main products being their investment services, portfolio companies network, unicorn investments, venture fund LP positions, and advisory services. The portfolio spans 130+ companies with 40+ unicorns, while their team consists of Founder Gregg Smith and Investment Associate Robert Harary.
Differentiator
Problem solved
Functional benefit
Products and services
- Evolution VC Partners Investment Services Venture capital investment firm that deploys its founder's own capital into and supports revolutionary culture-tech companies across seed, early, and growth stages, with a portfolio spanning AI, defense tech, consumer brands, health, fintech, food & beverage, frontier tech, SaaS, marketplaces, transportation, and life sciences.
- Portfolio Companies Network The firm's portfolio of 130+ private venture-backed companies across sectors including Artificial Intelligence, Defense Tech, Consumer Brands, Health, Ecommerce Enablement, EdTech, FinTech, Food & Beverage, Frontier Tech, Life Sciences, Marketplaces, Media/Gaming, PropTech, SaaS, Smoking & Accessories, and Transportation & Mobility.
- Unicorn Portfolio
Quantifiable outcome
- 40+ companies achieved unicorn status ($1B+ valuation)
- +1 more outcomes
Companies that use Evolution VC Partners
Customer profileNamed customers11 records
Segments2 records
Ideal customer profiles1 record
Evolution VC Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Evolution VC Partners partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
Evolution VC Partners competitors and assessment
Company assessmentMarket position
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Evolution VC Partners social profiles
Digital presenceEvolution VC Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evolution VC Partners leadership team
Management profileNumber of profiles
Profiles2 records
Evolution VC Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evolution VC Partners M&A and investment
M&A and investmentM&A
Investments283 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evolution VC Partners
What does Evolution VC Partners do?
Evolution VC Partners is a self-funded venture capital firm that invests its own capital in private, venture-backed companies across all stages (seed to growth). The firm focuses on 'Culture-Tech' sectors spanning AI, defense tech, consumer brands, health, fintech, food & beverage, frontier tech, SaaS, marketplaces, transportation, and life sciences, while also making LP commitments to other venture funds and providing hands-on 24/7 advisory to portfolio founders.
Is Evolution VC Partners a public or private company?
Evolution VC Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Evolution VC Partners founded?
Evolution VC Partners was founded in 2015. It employs 1 to 10 people.
Where is Evolution VC Partners based?
Evolution VC Partners is headquartered in New York, United States, in the North America region.
How does Evolution VC Partners make money?
One revenue line is on record: venture Capital Returns.
Does Evolution VC Partners have an API?
No public API is recorded for Evolution VC Partners.
What industry is Evolution VC Partners in?
Evolution VC Partners's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAI, Micro-VC & Angel Funds, with a secondary code of FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 523940 and its SIC code is 6282.