diff --git a/demo/README.md b/demo/README.md
index b84499f3..b1cd3b69 100644
--- a/demo/README.md
+++ b/demo/README.md
@@ -14,3 +14,8 @@ The demo will execute step-by-step, and print the communication between client a
 At certain points, the demo will pause and wait for transactions to confirm on the blockchain. Depending on the chain you select, this could take some time!
 
 If you have any issues with the demo, please submit an issue ticket and let us know!
+
+# CVM Evaluation Tool
+
+The CVM evaluation tool is located in the `/demo/vm` directory.
+