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Evolv Technology specializes in advanced weapons detection systems designed for security screening in various venues such as sports stadiums, entertainment venues, schools, and workplaces. Their systems utilize advanced sensors and artificial intelligence to quickly and accurately identify potential threats, ensuring a safe environment for large groups of people. Unlike many competitors, Evolv Technology focuses on enhancing security without compromising the user experience, making the screening process seamless. The company generates revenue through the sale and leasing of its detection systems, along with ongoing service and maintenance contracts, which provides a stable income stream. Evolv Technology aims to contribute to public safety by continuously improving its technology and expanding its market presence.
Company Stage
IPO
Employees
201-500
Industries
Hardware, Government & Public Sector, Enterprise Software, AI & Machine Learning, Defense, Education, Consumer Goods
Total Funding
$759.3M
Headquarters
N/A
Founded
2013
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