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How EvoNexus CEO Rory Moore grew EvoNexus to $11.6M revenue with a 63 person team in 2024.

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/

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EvoNexus Revenue

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 Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M19982000200220042006200820102012201420162018202020222024$0$8M$12MSource: GetLatka.com
YearMilestone
2024EvoNexus Hit $11.6m revenue in November 2024
2024EvoNexus Hit $11.6m revenue in October 2024
2023EvoNexus Hit $9.2m revenue in December 2023
2021EvoNexus Hit $8m revenue in April 2021
1998Launched with $0 revenue

EvoNexus Valuation, Funding Rounds

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.

EvoNexus Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119981998 cumulative: $0 • 1998 Founded: $01998 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

EvoNexus Employees & Team Size

EvoNexus employs approximately 63 people as of 2026, down from 66 in 2023.

EvoNexus has 63 total employees in different roles and functions and 2 sales reps that carry a quota.

EvoNexus Team GrowthReported headcount over time02040608010019982000200220042006200820102012201420162018202020222024006363Source: GetLatka.com
YearMilestone
2024Reached 63 employees (December 2024)
2024Reached 66 employees (October 2024)
2023Reached 66 employees (December 2023)
2022Reached 69 employees (December 2022)
2021Reached 69 employees (December 2021)
2021Reached 95 employees (April 2021)

Founder / CEO

Rory Moore

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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Customers

We do not have customer count information for EvoNexus yet.

Frequently Asked Questions about EvoNexus

What is EvoNexus's revenue?

EvoNexus generates $11.6M in revenue.

Who founded EvoNexus?

EvoNexus was founded by Rory Moore.

Who is the CEO of EvoNexus?

The CEO of EvoNexus is Rory Moore.

How much funding does EvoNexus have?

EvoNexus raised $0.

How many employees does EvoNexus have?

EvoNexus has 63 employees.

Where is EvoNexus headquarters?

EvoNexus is headquartered in San Diego, California, United States.

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Compare EvoNexus to the industry

EvoNexus operates across multiple industries. Browse revenue, funding, and growth data for EvoNexus in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .