EvoluteIQ is a leader in intelligent business automation, offering a low-code/no-code platform known as the EIQ Platform. Founded in 2019, the company focuses on hyperautomation enablement, combining tools such as process orchestration, artificial intelligence (AI), and robotic process automation (RPA) to promote digital transformation for businesses globally. EvoluteIQ has recently secured $20 million in funding to support its platform's enhancement and expansion, with headquarters located in Stockholm, Sweden, and operations extending to the UK, US, and India.
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | Stockholm, Sweden |
| Founders | Sameet Gupte |
| Revenue | Not disclosed |
| Profits | Not disclosed |
| Key Investors | Round2 Capital, Nordea Growth Fund |
| Industry | Intelligent Business Automation |
| Number of Employees | Grew by 60% in the last year |
EvoluteIQ was founded in 2019 with the vision of democratizing digital transformation through advanced automation technologies. Early on, the company focused on building its EIQ Platform, integrating AI, machine learning, and RPA to facilitate seamless digital workflows. The company quickly gained traction in the market, supported by strategic investments from firms like Confidus Venture Capital in 2019, allowing for accelerated growth and innovation. By harnessing its platform's capabilities, EvoluteIQ established itself as a pivotal player in the enterprise automation landscape, setting the stage for its rapid adoption across diverse industries.
EvoluteIQ's business model centers around its robust EIQ Platform, which combines multiple facets of automation including AI, RPA, and data processing in a low-code/no-code environment. The platform's ability to integrate across various enterprise systems and streamline processes has attracted significant adoption, particularly in sectors such as healthcare, banking, and insurance.
With its headquarters in Sweden and offices across major markets, EvoluteIQ continues to enhance its market presence through strategic partnerships and robust platform offerings. The firm's integrated solution enables organizations to achieve remarkable efficiency and scalability, setting it apart in the competitive landscape.
EvoluteIQ stands as a formidable player in the domain of intelligent business automation, with its innovative EIQ Platform providing versatile, low-code/no-code solutions for complex enterprise needs. As it continues to expand its global footprint and enhance its technological offerings, the company's future outlook is one of sustained growth and industry influence. With a steadfast commitment to digital transformation, EvoluteIQ is poised to drive productivity and efficiency for businesses across various sectors, shaping the future of enterprise automation.