The people

What they build
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Working at Evolo
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About
Evolo names the problem it sells against as "the 95% problem": enterprise buyers who go quiet. Its answer is to turn product education into something the buyer drives — choose-your-own-adventure short-form video, using human avatars and real voices, that walks someone through a mortgage or a life-insurance product and qualifies them along the way, in a form marketing and compliance can both sign off. The platform is sold as four pieces for four audiences: evoloCREATE for marketing and compliance, evoloENGAGE for buyers, evoloPRIORITY for sales managers and evoloINSIGHTS for sellers, across banking, insurance, wealth management and telecom. Vahid Mirjalili is founder and chief executive. He co-founded Owl in 2018 with Sean and Sohrab Merat and was its chief operating officer, building an encrypted platform banks and insurers use to collect customer data — the same regulated buyer, approached from the compliance side rather than the marketing one.
Backers
Portage led a US$3M round with participation from Golden Ventures.
Quick answers
What does Evolo do?
It builds client-facing AI for regulated industries — interactive short-form video with human avatars that educates a buyer about a complex product like a mortgage or life insurance policy and qualifies them for the sales team.
Who is it for?
Banking, insurance, wealth management and telecom, where compliance constrains what marketing can say and products are hard to explain in a single message.
Who founded it?
Vahid Mirjalili and Afsaneh Fazly, in Toronto in 2024. Mirjalili is founder and CEO; he earlier co-founded Owl, an encrypted customer-data platform for banks and insurers, and was its COO.
How much has it raised?
US$3M, led by Portage with participation from Golden Ventures.
Who from Evolo is in this directory?
Vahid Mirjalili, its founder and CEO, who spoke at TechTO's FintechTO in July 2019 — then at Owl, on why understanding the customer decides whether you sell anything.