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Evolv Technology® Named A 2023 Best Place to Work By Built In

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Evolv Technology (NASDAQ: EVLV) has been recognized in Built In's 2023 Best Places to Work Awards, specifically as one of the Best Midsize Places to Work in Boston. This recognition highlights Evolv's commitment to a people-first culture, with investments in leadership development and diversity initiatives. The company has showcased strong performance, screening over 425 million people and preventing over 100,000 weapons from entering venues since January 2022. In Q3 2022, Evolv added a record 92 new customers. The next financial results will be released on March 1, detailing continued growth.

Positive
  • Recognized as a Best Midsize Place to Work in Boston.
  • Strong commitment to employee welfare and diversity initiatives.
  • Over 425 million people screened and 100,000+ weapons detected since January 2022.
  • Record addition of 92 new customers in Q3 2022.
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  • None.

Evolv was also Recognized with the Award in 2022

WALTHAM, Mass.--(BUSINESS WIRE)-- Built In announced that Evolv Technology (NASDAQ: EVLV) has been honored in its 2023 Best Places To Work Awards. Specifically, Evolv, the leader in AI-based weapons detection security screening, earned a spot on the Best Midsize Places to Work in Boston list. The annual awards program includes companies of all sizes, from startups to those in the enterprise, and honors both remote-first employers as well as companies in large tech markets across the U.S.

“Our prioritization of our people is what sets us apart and qualifies us for this recognition,” said Liza Knapp, head of people at Evolv. “Our people-first approach is demonstrated by our investment in human capital including our leadership development and shadowing and our ‘Women at Evolv’ group. We’re proud to have created a culture where all employees feel empowered and enabled to work towards our goal of making the world a safer place for people to gather.”

Built In determines the winners of Best Places to Work based on an algorithm, using company data about compensation and benefits. To reflect the benefits candidates are searching for more frequently on Built In, the program also weighs criteria like remote and flexible work opportunities, programs for DEI and other people-first cultural offerings.

“It’s my honor to congratulate this year’s Best Places to Work winners,” says Sheridan Orr, Chief Marketing Officer, Built In. “These exemplary companies understand their people are their most valuable asset, and they’ve stepped up to meet the modern professional’s new expectations, including the desire to work for companies that deliver purpose, growth and inclusion. These winners set the stage for a human-centered future of work, and we can’t wait to see that future unfold.”

The accolade comes on the heels of another year of tremendous growth and success for Evolv. In November, the company announced it had screened more than 425 million people and stopped in excess of 100,000 weapons from entering venues since the start of the year. In the third quarter of 2022 alone, it added a record 92 new customers. Evolv is set to release its 2022 Q4 financial results on March 1.

To learn more about Evolv, including more than two dozen open full-time positions and internships across sales, logistics, technical support and other fields, visit its Careers page.

About Built In
Built In is creating the largest platform for technology professionals globally. Monthly, millions of the industry’s most in-demand professionals visit the site from across the world. They rely on our platform to stay ahead of tech trends and news, learn skills to accelerate their careers and find opportunities at companies whose values they share. Built In also serves 2,000 customers, innovative companies ranging from startups to those in the Fortune 500. By putting their stories in front of our uniquely engaged audience, we help them hire otherwise hard-to-reach tech professionals. www.builtin.com

About Built In’s Best Places to Work
Built In’s esteemed Best Places to Work Awards, now in its fifth year, honor companies across numerous categories: 100 Best Places to Work, 50 Best Startup Places to Work, 100 Best Midsize Places to Work, 100 Best Large Places to Work and Editor’s Choice: 100 Best Hybrid Places to Work. The program honors companies – remote, hybrid and in-office – with the best total rewards packages across the U.S. and in the following tech hubs: Atlanta, Austin, Boston, Chicago, Colorado, Dallas, Houston, Los Angeles, Miami, New York, San Diego, San Francisco, Seattle and Washington DC.

About Evolv Technology
Evolv Technology (NASDAQ: EVLV) is transforming human security to make a safer, faster, and better experience for the world’s most iconic venues and companies as well as schools, hospitals, and public spaces, using industry leading artificial intelligence (AI)-powered weapons detection and analytics. Its mission is to transform security to create a safer world to work, learn, and play. Evolv has digitally transformed the gateways in places where people gather by enabling seamless integration combined with powerful analytics and insights. Evolv’s advanced systems have scanned more than 425 million people, second only to the Department of Homeland Security’s Transportation Security Administration (TSA) in the United States. Evolv has been awarded the U.S. Department of Homeland Security (DHS) SAFETY Act Designation as a Qualified Anti-Terrorism Technology (QATT) as well as the Security Industry Association (SIA) New Products and Solutions (NPS) Award in the Law Enforcement/Public Safety/Guarding Systems category. Evolv Technology®, Evolv Express®, Evolv Insights®, and Evolv Cortex AI® are registered trademarks of Evolv Technologies, Inc. in the United States and other jurisdictions. For more information, visit https://evolvtechnology.com.

Forward-looking Statements
Certain statements in this press release may constitute “forward-looking” statements and information, within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events or our Company’s performance and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the risk factors set forth in our Annual Report on Form 10-K for the year ended on December 31, 2021, that was filed with the SEC on March 28, 2022, as may be updated in other filings we make with the SEC, including our Quarterly Report on Form 10-Q for the quarter ended on September 30, 2022 that was filed with the SEC on November 9, 2022. These statements reflect management’s current expectations regarding future events and operating performance and speak only as of the date of this press release. You should not put undue reliance on any forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Media Contact:

Alexandra Smith Ozerkis

aozerkis@evolvtechnology.com

Investor Contact:

Brian Norris

bnorris@evolvtechnology.com

Source: Evolv Technology

FAQ

What award did Evolv Technology receive in 2023?

Evolv Technology was recognized as one of the Best Midsize Places to Work in Boston by Built In.

How many customers did Evolv add in Q3 2022?

Evolv added a record 92 new customers in Q3 2022.

When will Evolv Technology release its Q4 2022 financial results?

Evolv Technology will release its Q4 2022 financial results on March 1.

How many weapons has Evolv Technology stopped since January 2022?

Evolv Technology has stopped over 100,000 weapons from entering venues since January 2022.

What is Evolv Technology's mission?

Evolv's mission is to transform human security to create a safer world for people to work, learn, and play.

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