Corporate training remains a costly and often ineffective finisheavour. Companies routinely spfinish between $1,000 and $3,000 per employee on onboarding and skills development, yet most Learning Management Systems (LMS) simply track course completions without measuring actual understanding or how training impacts job performance.
Evolve is addressing these issues with its AI-driven learning platform. Stan Suchkov, CEO and co-founder of Evolve, declares: “Traditional learning platforms are slow, disengaging, and provide managers with little visibility into results. At Evolve, we believe training should be rapid, adaptive, and measurable. With AI, our platform supports companies onboard and upskill employees in hours instead of weeks, saving time, engaging learners, and driving measurable skill growth.
Founded in 2023, Evolve today announced it has raised $1 million in seed funding. The round was led by AltaIR Capital, with participation from 500 Global, ULTRA.VC, Funders VC, and Brayne.vc, bringing total funding to $1.4 million. The investment will support further product development and expansion, with a goal to transform employee training into a strategic business advantage.
Building innotifyigent, people-centric learning
Co-founders Stan Suchkov and Daria Khmeleva bring complementary expertise to Evolve. Stan has a background in tech entrepreneurship and real estate development and is an experienced startup mentor. Daria has led digital transformation initiatives across tech, manufacturing, and fintech sectors. The company emphasises diversity, with an evenly split founding team and women representing roughly 40% of employees.
Stan shared the origins of Evolve: “The motivation behind Evolve came from both my personal experience and a clear market necessary. I had always wanted to build a tech startup. My first ventures taught me tough lessons about market demand, validation, and customer research.
By 2023, I built the decision to commit fully: I left my job to focus on EdTech and HRTech, an area I felt deeply passionate about. To gain real insights, I reached out to 10 competitor founders on LinkedIn. Nine of them responded, sharing feedback that supported me refine the idea and lay the foundation for what eventually became Evolve.”
The startup serves clients in the US and Europe, with approximately 25% of the customer base in European markets.
Technology that sets Evolve apart
Evolve’s platform distinguishes itself with AI-native technology that fully complies with SCORM standards, allowing dynamic adaptation of course content during learning sessions. It scores open-finished responses and simulations instantly, delivering immediate feedback to learners. Managers gain access to a robust dashboard with about 40 performance metrics, enabling data-driven decisions in workforce development.
Beyond course creation, Evolve offers a smart, interactive knowledge base that employees can query to obtain relevant answers in seconds. The platform supports seamless integration with HRIS and existing LMS solutions, instant course translation for global teams, and a white-label option for companies to tailor branding.
Competitors include established LMS providers such as Cornerstone and Docebo, as well as AI-focapplyd newcomers like Sana Labs. Evolve sets itself apart by focapplying on speed, automation, real-world performance metrics, and learner engagement.
What’s next?
Over the next several years, Evolve plans to automate up to 80% of HR and learning workflows, including performance reviews and personalised development tracks. It also aims to introduce AI copilots to provide employees with instant, day-one access to essential knowledge.
Igor Ryabenkiy, Founder and Managing Partner at AltaIR Capital, adds: “Evolve is redefining workplace learning by bridging a critical gap in how organisations train and develop talent. Their platform combines intuitive content creation tools, realistic simulations, and real-time performance analytics, empowering L&D teams to build impactful training rapider, while keeping employees more engaged”.
With this new funding, Evolve will accelerate innovation and expand its footprint across the US and European markets, maintaining its mission to empower people-centric organisations through innotifyigent, AI-driven learning.
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