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Fund profile

Evio Venture Capital

Evio Venture Capital

Singapore, Singapore

Not leading

About

Evio Venture Capital is an early-stage venture capital firm founded around 2020, with a team based in Singapore and Greece, focused on mental health, wellness, education technology, and the future of work. The firm invests in companies building in mental health, personal growth, and adult education at Seed and Series A stages with checks of $100,000 to $1 million. Despite a small portfolio of 7 companies, Evio has achieved a remarkable concentration of high-value outcomes. The firm's portfolio includes two unicorns: BetterUp, a professional coaching and mental health platform valued at $4.7 billion, and Calm, a meditation and sleep application valued at $2 billion. An additional notable investment is MyDoc, a telemedicine platform. The team of four includes two partners. These outcomes reflect an early and conviction-driven view of the mental health technology market at a time when the sector's commercial potential was not yet widely recognized by mainstream venture capital. Evio represents a specialized thesis in the growing mental health and wellness technology sector, investing ahead of broad consumer and enterprise adoption of digital mental health tools. The firm's concentration on Seed and Series A investments in a tightly defined vertical enabled it to build deep expertise and relationships within the mental health technology ecosystem. The outsized results in BetterUp and Calm validate the firm's thesis that mental health and personal development represent a durable and structurally important category for technology investment.

Details

Average check

$100K-$500K
$500K-$1M

Round

Seed
Series A

Previous Investments

EducationHealthtech & WellnessHR & RecruitmentSoftware & Apps

Geo focus

USASoutheast Asia

Highlights

$500k

Historical average check

$1M

Historical max check

January 2023

Last investment date

7

Investments

Healthtech & Wellness

Education

HR & Recruitment

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Website

evio.vc

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