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Evolution Devices
OperatingEvolution Devices, Inc.
Healthcare · Founded 2017
Minority-founded
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$18.0M
Valuation cap
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
Raised $149.5K / $618KInvestors 154Valuation cap $18M
Raised $241.2K / $1.1MInvestors 485
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 EDGARSource: ManualCIK 0001864316
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.