Why We Invested in EVO Security

Today, EVO Security announced their $8.5M Series A financing, led by TechOperators.

We are thrilled to partner with Michael Roth and the EVO team as they build the leading identity and access management platform for Managed Service Providers (MSPs) and the small and midsize businesses (SMBs) they protect.

At TechOperators, we invest behind operator-founders building real solutions for critical security gaps. EVO is tackling one of the largest underserved markets in cybersecurity with the right architecture, team, and timing.

Solving the Identity Gap for MSPs

Identity and access management (IAM) is foundational to cybersecurity. Yet for the MSP ecosystem, legacy IAM tools have been inadequate — designed for single-enterprise environments, not for the complex, multi-tenant realities MSPs face every day.

MSPs need to manage identity, access, and privilege across hundreds of disparate customer environments — often with limited internal security resources and rising customer expectations. Traditional enterprise IAM tools cannot scale operationally or economically to meet these demands.

EVO recognized this gap early. They built a platform specifically for MSPs: multi-tenant from day one, scalable, and frictionless to deploy, helping MSPs deliver better security outcomes for SMBs at scale.

Why We Led the Series A

Several factors drove our conviction to lead this round:

• Purpose-built architecture: EVO did not retrofit an enterprise solution. They started with the multi-customer operating model as a first principle.

• Operational empathy: EVO understands the MSP workflow — not just technically, but commercially. Their product accelerates MSP adoption rather than creating friction.

• Growing regulatory urgency: Compliance requirements like CMMC, HIPAA, and GDPR are cascading down to smaller businesses, driving demand for stronger identity controls across the SMB sector.

• Founder-market fit: Michael Roth and the EVO leadership team bring a rare combination of security expertise, operational experience, and relentless focus on execution.

We believe that securing identity at the MSP level is a critical leverage point for strengthening cybersecurity outcomes across the broader digital economy.

Looking Ahead

The future of cybersecurity will be defined by companies that recognize the architecture of real-world risk — and build platforms that scale operationally as well as technically.

Identity is, and will remain, the first control surface attackers target. EVO Security is building the right company, at the right time, to help MSPs and SMBs protect this critical surface at scale. We are proud to support EVO as they continue to expand their impact—and we are excited for the journey ahead.

Congratulations again to Michael Roth and the entire EVO team on this important milestone.