Evotix Company Profile

Background

Evotix, formerly known as SHE Software, is a global technology company specializing in environment, health, safety, and sustainability (EHS&S) software solutions. Founded in 1996, Evotix is dedicated to transforming how organizations manage workplace health and safety by providing innovative, user-friendly platforms that enhance compliance, risk management, and employee engagement. With headquarters in London, Chicago, and Perth, Evotix serves over 650 customers worldwide, encompassing more than one million users across various industries.

Key Strategic Focus

Evotix's strategic focus centers on delivering comprehensive EHS&S solutions that are adaptable to organizations of varying sizes and industries. The company's core objectives include:

Enhancing Workplace Safety: Providing tools that enable organizations to proactively manage health and safety risks, ensuring a safer work environment.

Driving Compliance and Sustainability: Assisting businesses in meeting regulatory requirements and advancing their sustainability initiatives.

Leveraging Technology for Engagement: Utilizing mobile-first platforms and AI-driven analytics to foster employee engagement and streamline EHS processes.

Evotix's primary markets span industries such as manufacturing, food and beverage, construction, retail, transport, warehousing, housing, education, public service, mining and metals, energy, utilities, and engineering.

Financials and Funding

Evotix has demonstrated consistent revenue growth over the years:

2024: $47 million

2023: $17 million

2022: $14 million

2021: $9.6 million

2018: $5 million

2014: $1 million

2011: $400,000

The company has raised a total of $18 million in funding, with notable rounds including:

Series B: July 2020

Series A: July 2018

Investors include Frog Capital, MPE Investments, Mercia Asset Management, NVM Private Equity, and SVB Financial Group.

Technological Platform and Innovation

Evotix's technological platform is distinguished by several proprietary technologies and methodologies:

Assure Platform: A highly configurable, no-code EHS management software that centralizes incident management, audits, inspections, risk mitigation, and regulatory compliance.

AssureGO+ Mobile App: A mobile-first application that enables real-time reporting and access to safety guidelines, enhancing employee engagement and immediate hazard reporting.

AI and Predictive Analytics: Integration of artificial intelligence and machine learning to assess risks, improve compliance, and provide real-time insights for proactive hazard management.

Leadership Team

Evotix's leadership team comprises experienced professionals dedicated to advancing the company's mission:

Matthew Elson: Chief Executive Officer

Passionate about applying technology to drive transformation in health, safety, and wellbeing.

Kimberly Baker: Chief Customer Officer

Focused on operational efficiency and collaboration to achieve consistent results.

Joe Harmon: Chief Product Officer

Brings 20 years of experience in product management and agile methodologies.

Michelle Schrey: Chief Financial Officer

Experienced in driving financial strategy and sustainable growth.

Ben Woodruff: Chief Revenue Officer

Leads the global sales team to understand and solve EHS challenges.

Michelle Genser: Chief Marketing Officer

Builds and leads a global marketing function to educate on EHS importance.

Thomas Driver: VP Professional Services

Focused on strategy, transformation, and operational excellence in service delivery.

Leadership Changes

In May 2023, SAI360 announced its intent to acquire Evotix, aiming to expand EHS&S capabilities across mid-sized and large enterprise customers. This strategic move integrates Evotix's innovative solutions with SAI360's comprehensive offerings, enhancing the combined entity's market position.

Competitor Profile

Market Insights and Dynamics

The EHS&S software market is experiencing significant growth, driven by increasing regulatory requirements, heightened awareness of workplace safety, and the need for organizations to manage risks proactively. The integration of AI and data analytics is transforming how companies approach EHS&S, offering predictive insights and real-time monitoring capabilities.

Competitor Analysis

Key competitors in the EHS&S software market include:

VelocityEHS: Offers comprehensive EHS solutions with a focus on user-friendly interfaces and scalability.

Benchmark Gensuite: Provides integrated EHS management systems tailored to various industries.

Cority: Delivers enterprise-grade EHS software emphasizing data-driven decision-making.

myosh: Specializes in customizable safety management software for diverse sectors.

Quentic: Focuses on modular EHS and sustainability software solutions.

Strategic Collaborations and Partnerships

Evotix has engaged in strategic collaborations to enhance its market position and innovation capacity:

Outward Bound Partnership: Aligns with Evotix's ethos of using challenges as a springboard for transformation, supporting educational initiatives that empower individuals through adventure-based learning.

Operational Insights

Evotix's strategic considerations include:

Market Positioning: By offering a highly configurable, mobile-first platform, Evotix differentiates itself in the EHS&S market, catering to both mid-market and enterprise clients.

Competitive Advantages: The integration of AI and predictive analytics into its platform provides clients with proactive risk management tools, setting Evotix apart from competitors.

Strategic Opportunities and Future Directions

Evotix's strategic roadmap focuses on:

Technological Advancements: Continuing to integrate AI and machine learning to enhance predictive capabilities and real-time monitoring.

Market Expansion: Leveraging the acquisition by SAI360 to expand into new markets and industries, offering comprehensive EHS&S solutions to a broader client base.

Sustainability Initiatives: Enhancing ESG reporting capabilities to support clients in meeting evolving regulatory requirements and sustainability goals.