Evolve Senior Living

What Evolve Senior Living does

Evolve Senior Living is a privately held, Chicago-headquartered boutique senior housing operator and management company founded in September 2023 by Andrew Agins and Justin Dickinson, both former Anthology Senior Living executives. The company operates and manages senior living communities delivering three core care programs: Independent Living, Assisted Living, and Memory Care. Its resident-facing portfolio currently spans at least five branded properties across the U.S. Midwest, including Novel Place at Blue Springs (Missouri), Novel Place at Overland Park (Kansas), Evolve at Lake Zurich (Illinois), The Summit of Blue Ash (Ohio), and Galloway Senior Living (Illinois), with resident pricing that ranges from $2,950/month for Independent Living to $7,995/month for Memory Care at The Summit of Blue Ash.

On the B2B side, Evolve provides three management service modules to senior housing property owners: Operations Management (full operational and property management including sales and marketing, culinary, clinical, housekeeping, maintenance, resident programming, and administration), Asset Management (monthly KPI-driven financial packages, weekly leasing/marketing reports, Evolve Intelligence BI reporting, quarterly competitive analysis, valuation exercises, and hold/sell support), and Investment Services (feasibility, pre-development and pre-opening, and transaction services). Its underlying operational model is built on the Entrepreneurial Operating System (EOS) framework for cross-community consistency, with a proprietary business intelligence layer branded Evolve Intelligence BI Reporting. Its memory care offering is structured around four pillars (Intentional Physical Environment, Meaningful Engagement and Structure, Integrated Wellness, and Respect and Dignity) implemented via the Montessori method for dementia, disability, and aging. Supporting integrations include iN2L (It's Never 2 Late) for resident engagement at The Summit of Blue Ash and TalkFurther for chat/tour scheduling on community websites.

The revenue model combines subscription-style resident monthly fees at communities Evolve operates with managed-services and professional-services fees from third-party property owners. The go-to-market is bifurcated: direct-to-consumer field sales at the community level for resident move-ins, and enterprise sales to senior housing property owners for management contracts. Marketing relies on a company blog, organic LinkedIn and Facebook pages, and coverage in industry publications such as Senior Housing News and Seniors Housing Business. No funding rounds, parent company, or revenue figures are disclosed.

Name

Evolve Senior Living

Legal name

Evolve Senior Living

Website

https://evolvesenior.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Evolve Senior Living is a Chicago-based boutique senior housing operator founded in September 2023 by former Anthology Senior Living executives. It provides independent living, assisted living, and memory care across owned and managed Midwest communities, plus asset management services to property owners.

Ownership category

akta.pro rank

Product category

Senior Living Services

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Assisted Living Facilities for the Elderly (623312)

SIC

Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)

akta.pro secondary industries

Senior Living Property Management (BPAJAGAI), Assisted Living with Enhanced Care / High-Acuity (Aging-in-Place) (HLADABAC)

Keywords

• Senior living management
• Assisted living services
• Memory care programs
• Independent living communities
• Senior housing operations

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Property Management Services: Comprehensive operational and property management services for senior housing communities including sales and marketing, culinary, clinical, housekeeping, maintenance, resident programming, and administrative functions
2. Asset Management Services: Asset management services including monthly financial packages with KPIs, weekly leasing/marketing reports, quarterly competitive analysis, valuation exercises, and support with hold/sell analysis
3. Investment and Transaction Services: Services spanning project inception through opening and operations including operational analysis/feasibility, pre-development/pre-opening services, and transaction services

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Evolve Senior Living operates and manages senior living communities, delivering Independent Living, Assisted Living, and Memory Care residential programs through branded properties. In parallel, the company provides third-party management services to senior housing property owners, including operations management, investment advisory, and asset management, leveraging a data-driven operational model and the Entrepreneurial Operating System (EOS) framework.

Product overview

Evolve Senior Living is a boutique seniors housing management company operating a platform of senior living communities across multiple states. The portfolio includes three distinct lifestyle programs—Independent Living, Assisted Living, and Memory Care—that form the core service offerings. These residential care programs are delivered through branded community properties (Novel Place, Evolve at Lake Zurich, The Summit of Blue Ash, Galloway Senior Living) that Evolve either owns or manages for third-party owners. In addition to direct community operations, the company offers management services modules for owners including Operations Management, Investment Services, and Asset Management, leveraging the Entrepreneurial Operating System (EOS) framework and data-driven intelligence tools.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Living

Quantifiable outcome

• Opened 33 seniors housing development/redevelopment projects
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Summit Park (Blue Ash)coreStrategic or Co-development Partner · 1 August 2024The Summit of Blue Ash is located within Blue Ash's 130-acre Summit Park, a multi-use complex with year-round events and activities. Residents enjoy access to walking trails, playgrounds, community fitness programs, nature programs, and walkable restaurants including an ice cream shop, local brewery, brunch café, and taqueria.
• iN2L (It's Never 2 Late)coreTechnology or Integration · 1 August 2024iN2L activities, programming, and technology focused on Person-Centered Engagement is featured at The Summit of Blue Ash, providing specialized technology solutions for senior engagement and cognitive support.
• EOS Worldwide (Entrepreneurial Operating System)coreTechnology or IntegrationEvolve uses the Entrepreneurial Operating System (EOS) as their company-wide model to unify operations and ensure consistent delivery of results across all communities.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Atria Senior Living: Large private senior living operator offering independent living, assisted living, and memory care across the U.S. Closely comparable to Evolve in service mix, with a similar operator-led model and broader geographic reach.
• Enlivant: Senior living management company focused on assisted living and memory care across the U.S. Comparable in service mix and operating model to Evolve's core offerings.
• Discovery Senior Living: Private senior living operator managing IL, AL, and memory care communities nationwide. Comparable as a multi-state, operator-led senior housing platform with similar service stack.
• Sunrise Senior Living: National senior living operator with a strong assisted living and memory care focus. Directly comparable to Evolve on service offering and resident acuity mix, with significantly greater scale and international footprint.
• Anthology Senior Living: Senior living operator where both co-founders previously held senior leadership roles (Agins led investments; Dickinson was President). Highly comparable operating model and service mix.
• Life Care Services (LCS): Major third-party senior living management and development company providing operations, asset management, and consulting to owner clients. Highly comparable to Evolve's management services arm and resident service offerings.
• Senior Lifestyle: Private senior living operator and management company offering IL, AL, and memory care across multiple states. Comparable boutique operator model with both owned/operated communities and third-party management.
• Pathway to Living (Waterton): Senior living management arm of Waterton, operating IL/AL/MC communities nationally. Direct comparable — co-founder Dickinson was previously EVP overseeing 48-community portfolio.

Broad incumbents

• Brookdale Senior Living: Largest U.S. senior living operator (NYSE: BKD) offering IL, AL, memory care, and skilled nursing at national scale. Comparable on service breadth; differs as a much larger, publicly-traded incumbent.
• Welltower: Healthcare REIT (NYSE: WELL) with major senior housing operating partner portfolio. Comparable on the asset/investment side of senior housing; less directly comparable as a capital provider and REIT rather than operator, though co-founder Dickinson worked there previously.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/TheSummitofBlueAsh
• LinkedInlinkedin.com/company/evolve-senior

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evolve Senior Living