EvoluteIQ announced an investment of $20 million in equity and debt led by Round2 Capital, with participation from Nordea Growth Fund, DCAP Select and PH ventures. And this funding will support EvoluteIQ’s plan to enhance its AI automation platform and expand operations globally.
EvoluteIQ experienced strong momentum in the market, growing its customer base across key industries such as Healthcare, BFSI & Insurance. The company has seen rapid adoption of its EIQ platform across F500 organizations globally, reflecting its solid and consistent organic growth in the ARR over the past years.
EvoluteIQ offers businesses a distinctive and all-encompassing solution designed to enhance productivity, minimize operational complexity, and accelerate digital transformation through the foundational integration of AI.
The platform is known for its integrated feature set, adaptability and user-friendly design, empowering organizations to implement automation initiatives seamlessly, without the necessity for extensive technical expertise.
KEY QUOTES:
“EvoluteIQ has consistently proven its ability to deliver tangible value to enterprises through its robust automation platform. We are excited to support EvoluteIQ as they continue to push boundaries in AI and automation and drive exceptional outcomes for their global customer base.”
- Christian Czernich, Co-Founder & CEO at Round2 Capital
“We are humbled to have the continued support of our investors as we execute on our vision to drive the next wave of enterprise transformation. We remain committed to delivering disruptive, scalable solutions that streamline the automation journey for our clients.”
- Sameet Gupte, Co-Founder & CEO of EvoluteIQ
“The AI revolution is ushering in an unprecedented scale of change across industries worldwide. To effectively navigate this transformative landscape, enterprises must select AI-driven technologies capable of delivering authentic, impactful business transformation within accelerated timelines. Over the years, I have observed EvoluteIQ’s unwavering commitment to its vision of simplifying and automating intricate end-to-end processes to achieve precisely these outcomes.”
- Hriday Ravindranath, Chief Digital & Information Officer at Orange Business
