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Evolo raised $3 million USD to develop AI-driven, interactive marketing tools for banking and insurance, led by Portage with support from Golden Ventures.

PRIVATESep 09, 2025

Amount Raised

$3 Million

Round Type

Seed

TorontoSoftwareArtificial IntelligenceMarketing

Investors

Golden VenturesPortage

Description

Toronto-based startup Evolo has secured $3 million USD through a SAFE to enhance AI video marketing in regulated sectors. Led by Portage, the funding also includes contributions from Golden Ventures and angel investors. The company aims to create interactive short-form video content for products like mortgages and insurance plans. Founder Vahid Mirjalili highlights the importance of catering to declining attention spans with engaging video solutions.

Quick answer

Evolo raised $3 Million in a Seed round, dated September 9, 2025. Investors: Golden Ventures and Portage. Evolo is based in Toronto, Ontario, Canada.

How much did Evolo raise?
Evolo raised $3 Million in a Seed round on September 9, 2025.
Who invested in Evolo?
Golden Ventures and Portage are named as investors in this round.
What does Evolo do?
Evolo is a Toronto-based startup focused on providing AI-driven video marketing solutions for highly regulated sectors such as financial services, insurance, and telecommunications.
Where is Evolo based and how big is it?
Evolo is based in Toronto, Ontario, Canada.
Who are the decision-makers at Evolo?
Fundz holds 2 contacts at Evolo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Marketing and Software around the same time

Companies in the same sectors as Evolo that raised within 45 days of this round, from Fundz verified event records.

  • Adora raised an undisclosed amount (Seed) on October 8, 2025.
  • Bluefish raised $20M (Series A) on August 20, 2025.
  • Aizy raised $1.8M (Funding Round) on August 12, 2025.
  • Locstat raised $2.9M (Pre-Series A) on October 24, 2025.
  • Aunoa raised $1.7M (Funding Round) on October 24, 2025.
  • Valthos raised $30M (Funding Round) on October 24, 2025.

Who to call at Evolo, and when

A new round usually means Evolo is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at Evolo, from your own LinkedIn network

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Company Information

Company

Evolo

Location

Toronto, Ontario, Canada

About

Evolo is a Toronto-based startup focused on providing AI-driven video marketing solutions for highly regulated sectors such as financial services, insurance, and telecommunications. Their AI software suite generates interactive, short-form videos that help customers explore complex products like mortgages and life insurance at their own pace. The company aims to enhance customer experience while bridging the gap between marketing leads and sales.

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Related People

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Evolo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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