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Evolution Devices

Operating

Evolution Devices, Inc.

Healthcare · Berkeley, CA · Founded 2017

Minority-founded
Visit website

Enhancing human movement with digial therapy and 3D biomechanics

Valuation cap ⓘ
$18.0M
As of Sep 2023 · from Evolution Devices Crowd SAFE 2 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$390,718
Across 2 rounds since 2023

Financials

FY2019–FY2023 · from SEC filings · hover any figure for its source
$0
−$2K
2019
$0
−$79K
2020
$0
−$239K
2021
$2K
−$352K
2022
$2K
−$223K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019
FY2020
FY2021
FY2022
FY2023
Income statement
Revenue
$0
$0
$0
$1,832
$1,787
Cost of goods sold
$0
$0
$0
$872
$243
Gross margin
—
—
—
52%
86%
Net income
-$2,484
-$79,387
-$238,656
-$351,691
-$223,227
Taxes paid
$0
$0
$0
$0
$0
Balance sheet
Cash
$234,815
$319,820
$98,778
$260,447
$306,302
Accounts receivable
$0
$0
$0
$1,832
$1,372
Total assets
$236,551
$329,586
$105,071
$268,173
$312,633
Short-term debt
$87,181
$59,340
$18,567
$203,068
$282,704
Long-term debt
$0
$115,165
$0
$751,746
$0
Total liabilities
$87,181
$174,505
$18,567
$954,814
$282,704
Other
Headcount
—
7
7
7
7

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$10.0M
Valuation cap
$18.0M
Valuation cap
Evolution Devices Crowd SAFE 1
Evolution Devices Crowd SAFE 2

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

Evolution Devices Crowd SAFE 2ClosedReg CF · SAFE · via Republic
Raised $149.5K / $618KInvestors 154Valuation cap $18M
Evolution Devices Crowd SAFE 1ClosedReg CF · SAFE · via Republic
Raised $241.2K / $1.1MInvestors 485Valuation cap $10M

Team

2 people
Pierluigi Mantovani
Chief Executive Officer
Juan Rodriguez
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 3 of 5 annual reports (FY2021–FY2025)

485 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

View all 9 filings on EDGAR
  • Form C-ARApr 24, 20240001864316-24-000001
    EDGAR
  • Form C-TRApr 24, 20240001864316-24-000002
    EDGAR
  • Form C-USep 12, 20230001562529-23-000006
    EDGAR
  • Form CJul 5, 20230001864316-23-000005
    EDGAR
  • Form C-TRApr 21, 20230001864316-23-000003
    EDGAR
  • Form C-ARApr 21, 20230001864316-23-000001
    EDGAR
  • Form C-ARApr 25, 20220001864316-22-000002
    EDGAR
  • Form C-UJan 5, 20220001864316-22-000001
    EDGAR
Source: ManualCIK 0001864316DE

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.