Evolv Technologies Holdings, Inc. is an AI-powered security screening company that uses proprietary sensors, software, and cloud analytics to detect weapons and threats in high-throughput venues such as stadiums, schools, hospitals, and entertainment facilities. The company operates on a Security-as-a-Service model, offering both subscription-based hardware leasing and purchase options coupled with multi-year software services, generating predictable recurring revenue through typically four-year customer contracts. Evolv's core products—including Evolv Express for firearms and explosive device detection and Evolv Insights for operational analytics—serve approximately 400,000 facilities globally, with customer bases spanning education, healthcare, sports, entertainment, industrial, and corporate sectors.