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EvoNexus is a technology startup incubator with locations in San Diego, Orange County, and Silicon Valley. We enable motivated entrepreneurs to turn their transformative ideas into fundable, commercially-viable companies. We specialize in incubating startups that require more than a 3-month accelerator or a one-size-fits-all program. Our 2-year residency partnered with our individualized milestone-based program fosters a path to long-term sustainability.
Learn more about us on our website: www.evonexus.org/
Last updated
In 2024, EvoNexus's revenue reached $11.6M. The company previously reported $11.6M in 2024. Since its launch in 1998, EvoNexus has shown consistent revenue growth.
EvoNexus is a bootstrapped Venture Capital startup. Founded in 1998, EvoNexus has grown to $11.6M in revenue without raising any venture capital or outside funding.
As a self-funded Venture Capital SaaS company, EvoNexus has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Rory Moore was the seed round investor and Co-founder of Peregrine Semiconductor Corp, one of the world’s leading providers of radio frequency integrated circuits (RFICs) for the wireless communications and aerospace markets. Rory was also the seed round investor and founding CEO of Silicon Wave Inc., now owned by Qualcomm. Silicon Wave produced the world’s first Bluetooth chips. In 2009 Rory founded a technology incubator called EvoNexus with Vice Admiral Walter Davis. Due to his efforts at EvoNexus, Rory was selected for the Ernst & Young Supporter of Entrepreneurship Award In 2018. A University of Michigan graduate, Rory continues to make angel investments in technology firms throughout the region.
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We do not have customer count information for EvoNexus yet.
EvoNexus employs approximately 63 people as of 2026, down from 66 in 2023, including 2 sales reps that carry a quota.
EvoNexus generates $11.6M in revenue.
EvoNexus was founded by Rory Moore.
The CEO of EvoNexus is Rory Moore.
EvoNexus is bootstrapped and has not raised outside funding.
EvoNexus has 63 employees.
EvoNexus is headquartered in San Diego, California, United States.
EvoNexus operates across multiple industries. Browse revenue, funding, and growth data for EvoNexus in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$11.6M
Funding
$0
Team
63
Founded
1998
| Year | Milestone | Source |
|---|---|---|
| 2024 | EvoNexus Hit $11.6m revenue in November 2024 | |
| 2024 | EvoNexus Hit $11.6m revenue in October 2024 | Estimated |
| 2023 | EvoNexus Hit $9.2m revenue in December 2023 | Estimated |
| 2021 | EvoNexus Hit $8m revenue in April 2021 | |
| 1998 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 63 employees (December 2024) | |
| 2024 | Reached 66 employees (October 2024) | |
| 2023 | Reached 66 employees (December 2023) | |
| 2022 | Reached 69 employees (December 2022) | |
| 2021 | Reached 69 employees (December 2021) | |
| 2021 | Reached 95 employees (April 2021) |
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