Evolution Names New Partner to Lead AI Investment Practice

Evolution Equity Partners has appointed Michal Pechoucek as a partner to lead the firm’s AI investment practice.

This strategic move comes as Evolution expands its team, capital base, and portfolio of cybersecurity and AI companies, reflecting the growing investment opportunities within these sectors.

Mr. Pechoucek has extensive experience in AI and cybersecurity, with a track record that includes investments in Augment Code, Quantexa, Protect AI, Defined AI, and Torq. His professional background features leadership roles as Chief Technology Officer at both Gen and Avast, as well as leading AI cybersecurity R&D at Cisco. In addition, Mr. Pechoucek has founded several AI software companies, including Cognitive Security, acquired by Cisco, and Blindspot.AI, acquired by ADASTRA Group.

The addition of Mr. Pechoucek follows the April 2024 closing of Evolution Technology Fund III LP with capital commitments of $ 1.1 billion. 

“I am excited to join Evolution Equity Partners and work alongside this talented team,” said Mr. Pechoucek. “Evolution’s focus on investing in leading AI and cybersecurity companies and helping entrepreneurs develop market-leading companies aligns perfectly with my passion for driving innovation and growth.”

“Evolution recently closed on a $1.1 billion capital raise expanding our capital base, team, and access to best-of-breed cybersecurity and AI software companies amidst growing investment opportunities,” said Richard Seewald, founder and managing partner of Evolution Equity Partners. “We are thrilled to welcome Michal to the Evolution Equity Partners team. His extensive experience coupled with strong leadership skills make him a valuable addition to our team.”

Evolution Equity Partners is an active investor in cybersecurity and AI software companies. The firm was founded by Mr. Seewald and Dennis Smith, and is headquartered in New York City, with additional offices in Palo Alto, London, and Zurich.