# Evolutionary Technologies International

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/evolutionary-technologies-international

- Industry: Software
- Headquarters: Austin, US
- Website: www.eti.com
- Total disclosed funding: $6.5M
- Latest round: Series A (Mar 6, 2006)
- Investors on record: 3

## About

Evolutionary Technologies International specializes in providing innovative software solutions that enhance business efficiency and customer engagement across various industries.Evolutionary Technologies International is focused on delivering advanced software solutions to improve operational efficiencies. The company, headquartered in Austin, US, has undergone strategic developments over the years. The latest funding round was a Series A, raising USD 6.50 mn, led by Appian Venture Partners with participation from Access Venture Partners and Osprey Ventures. The company was involved in a significant acquisition in May 2008 when it acquired Versata Enterprises, Inc. for an undisclosed sum. The founder's history includes prior entrepreneurial ventures, contributing to the company's strategic vision.Evolutionary Technologies International offers a range of software solutions designed to improve business operations and customer interactions. Their key products include the Khoros platform, which enhances customer relationships through AI analytics, and Eloquens™ AI, aimed at supporting human-AI collaboration in business communications. Additionally, they provide mypersonas for Jive AI, which facilitates improved human-AI interactions, and StreetSmart AI for optimizing field management. Their client base features companies like Pixar Animation Studios and Dun & Bradstreet, demonstrating their extensive reach across North America and plans for growth into Europe and Asia.The company generates revenue through subscription-based models and strategic partnerships, offering its flagship products under annual or multi-year licensing agreements. These agreements provide clients with ongoing access to software updates and support. Revenue is primarily derived from B2B transactions where enterprise clients subscribe to tailored software suites, ensuring the solutions integrate with their existing operations for enhanced productivity and customer engagement.Evolutionary Technologies International plans to launch new products aimed at further enhancing its software offerings, targeting specific features to be released in the near future. The company has set sights on expanding into European and Asian markets over the next two years. The recent Series A funding of USD 6.50 mn will be utilized to support these initiatives, facilitating the development of new software solutions and the expansion into new geographic territories.

## Funding rounds

- Series A, Mar 6, 2006, $6.5M — Appian Venture Partners, Access Venture Partners, Osprey Ventures

## Investors

- Appian Venture Partners (https://capitalatlas.ai/funds/appian-venture-partners) — Series A
- Access Venture Partners (https://capitalatlas.ai/funds/access-venture-partners) — Series A
- Osprey Ventures (https://capitalatlas.ai/funds/osprey-ventures) — Series A
