Bill Pescatello

Bill Pescatello

Managing Partner

Managing Partner Bill Pescatello brings over 10 years of venture experience, where he helped build multiple top quartile funds for both strategic and independent funds.

Prior to Evolv, Bill was a partner at Lightbank, venture fund started by serial entrepreneurs Eric Lefkofsky and Brad Keywell. While at Lightbank, Bill led and/or served on the boards of industry leading companies such as, Udemy, Fooda, Locu, Perblue, Ionic, Hireology, CoffeeMeetsBagel, Ovia Health, and Snaptravel.

Prior to Lightbank, Bill was a founding member of the Peacock Equity Fund, a top quartile $250m venture fund for NBCUniversal, where he sat on the boards of Greystipe (Acquired by ValueClick), Ramp and Vivox. Bill also worked at GE Capital, where he helped finance early stage life science companies and was a Financial Analyst at Morgan Stanley.

Bill is a Chartered Financial Analyst, holds a Bachelor Degree from Northwestern University and graduated with honors from The University of Chicago Booth School of Business.  Bill is on the Advisory Board for Northwestern’s NUvention program and is an active member of the Chicago Booth entrepreneurial community.

Steve Sanger

Steve Sanger

General Partner

Steve Sanger is a Partner with Evolv Ventures. Steve has been a part of high-growth technology leadership teams identifying  organic growth opportunities as well as through corporate development and strategic business development efforts. Steve's extensive network within the technology community, venture capital firms and corporate / business development professionals help companies leverage various strategic growth alternatives.

Prior to joining Evolv, Steve held a variety of leadership roles including as an early member of GrubHub's executive team as their VP, Business Development that grew the business from $8M to over $400M resulting in a successful IPO (NYSE:GRUB) in 2014. Steve was responsible for the company's business and corporate development efforts as well as helping to launch the company's delivery initiative. He has held executive / senior roles at Tronc (formerly known as Tribune Interactive), and Diamond Management and Technology Consultants (acquired by PwC) as well as an advisor to many food tech brands.

Steve received his M.B.A. from the University of Chicago's Booth School of Business in and holds a B.S.J from the University of Kansas. Steve is an active member of the technology community and is a mentor for TechStars as well as a judge at The University of Chicago’s Booth School of Business New Venture Challenge. He is an advisor to a handful of early-stage startups in the Chicago market and is an avid supporter of the Ann and Robert H. Lurie Children's Hospital of Chicago (member of the family advisory board from 2012-2015).

Steve resides in Clarendon Hills, IL with his wife Andrea and two children, Elizabeth and Colin.

Smriti Jayaraman

Smriti Jayaraman


Smriti brings over 10 years of experience advising and investing in leading technology and consumer businesses to her role as Founding Principal at Evolv Ventures.

Prior to joining Evolv, Smriti was a Vice President with Guild Capital, an early stage venture firm investing in consumer internet businesses across Chicago, Los Angeles and New York. While at Guild, Smriti helped drive Seed investments and early growth initiatives in companies including Ruggable, Petal Card, LA Collective, and Voyage Mobile. 

Prior to Guild, Smriti spent several years in management consulting at Bain & Company in San Francisco, Mumbai, New York and Chicago. At Bain, she focused her time on technology and consumer investments with the Private Equity Group and Fortune 500 transformation strategy projects within the Tech, Media & Telecom Group. 

Smriti holds a BA and BS with Honors from the University of California, Berkeley and an MBA from Harvard Business School. She resides in Chicago with her husband where she is an active supporter of the Arts and Urban Development efforts.   

Annabel Yee

Annabel Yee


Annabel is an Associate at Evolv Ventures where she identifies and analyzes market opportunities, engages with entrepreneurs, conducts due diligence and executes on investments. She has corporate venture capital and investment banking experience across various tech-focused industries.

Prior to Evolv, Annabel was an analyst at Liberty Mutual Strategic Ventures, a $150m corporate venture fund of insurer Liberty Mutual. While there, Annabel was involved across the entire deal process including market research, deal sourcing, due diligence and making connections between entrepreneurs and corporate business operations. Prior to Liberty Mutual, Annabel was an analyst at Progress Partners, a boutique investment bank where she supported buy-side and sell-side M&A deals. 

Annabel holds double Bachelors in Finance and Information Systems from Bond University in Australia. Originally from New Zealand and Australia, Annabel spent 5 years in Boston before moving to the great city of Chicago.