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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•9 months ago

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.

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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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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