Evolve Technology

Evolve Technology

Virtual production equipment rental and services

About Evolve Technology

Simplify's Rating
Why Evolve Technology is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Industrial & Manufacturing

Entertainment

Company Size

51-200

Company Stage

IPO

Headquarters

Orlando, Florida

Founded

2013

Overview

Evolve Technology delivers end-to-end virtual production services for the media and entertainment industry. It provides a full suite of offerings, including equipment rental, leasing, sales, and training, focused on virtual production technologies. Working with manufacturers like Stype and disguise, Evolve Technology creates integrated workflows that combine hardware, software, and production services to tell visual stories. The company operates on a B2B model, earning revenue from selling and renting equipment and from specialized training and partner support. What sets Evolve Technology apart is its combination of turnkey, partner-backed solutions and hands-on training and support that help studios deploy virtual production pipelines more efficiently. The goal is to help clients adopt and deploy virtual production workflows smoothly by supplying the right gear, expertise, and services.

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Simplify's Take

What believers are saying

  • Celebrated 100th Barco E2 unit milestone strengthening long-term Barco partnership.
  • Evolve Academy positions company as premier AV training hub in Orlando.
  • B2B model generates revenue through rentals, sales, leasing, and virtual production training.

What critics are saying

  • Barco erodes distributorship via Eonis Vision direct sales launched November 2025.
  • Disguise Stype acquisition in early 2025 consolidates virtual production market.
  • Encore Event Technologies internalizes Barco E2 supply after 2023 Hilton project.

What makes Evolve Technology unique

  • Evolve Technology delivers Evolve Trifecta integrating sales, rentals, and services for Barco 4K solutions.
  • Barco E2 certification training at Orlando facilities trained over 60 operators since 2015.
  • National distributor role for Barco image processing expands beyond equipment rentals.

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Funding

Total Funding

$759.3M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Equity as part of your total compensation package

Tuition Reimbursement

Wellness Program

Company News

Barco
Jun 8th, 2023
Evolve Technology celebrates 100th Barco E2 | Barco

A technology-focused sales, rental, leasing and training company, Evolve Technology has partnered with Barco since its inception.

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