Where is EvoluteIQ headquartered?

EvoluteIQ is headquartered in Stockholm, Sweden. The company has a team of 51-200 people.

What does EvoluteIQ do?

EvoluteIQ operates in the AI Agents sector. EvoluteIQ provides an AI-native, end-to-end automation platform that enables enterprises to design, deploy, and scale intelligent business processes. To democratize digital transformation by providing a unified, low-code platform that boosts efficiency, reduces operational costs, and enables proactive, intelligent process orchestration.

When was EvoluteIQ founded?

EvoluteIQ was founded in 2019. It is based in Stockholm, Sweden.

Who is the CEO of EvoluteIQ?

Sameet Gupte is the CEO of EvoluteIQ. The company was founded in 2019.

Where is EvoluteIQ located?

EvoluteIQ is headquartered in Stockholm, Sweden.

What funding stage is EvoluteIQ at?

EvoluteIQ is currently at the Growth Stage stage.

How many employees does EvoluteIQ have?

EvoluteIQ has approximately 51-200 employees.

EvoluteIQ

Category: AI Agents

EvoluteIQ provides an AI-native, end-to-end automation platform that enables enterprises to design, deploy, and scale intelligent business processes. EvoluteIQ was founded in 2019. The company is led by Sameet Gupte. Based in Stockholm, Sweden. Team size: 51-200. Total funding raised: $73 million. Latest round: Series B. Key investors include Baird Capital, Round2 Capital, Nordea Growth Fund, DCAP Select, PH Ventures, Confidus Venture Capital.

Founded: 2019
Headquarters: Stockholm, Sweden
Team size: 51-200
Total funding: $73 million

Value proposition

To democratize digital transformation by providing a unified, low-code platform that boosts efficiency, reduces operational costs, and enables proactive, intelligent process orchestration.

Products and solutions

EIQ Platform: An integrated platform for hyperautomation featuring low-code/no-code development., GenIQ™ Framework: A generative AI framework that powers the platform's agentic automation capabilities., Agentic Mesh Architecture {aMa}: The underlying architecture that enables processes to self-manage and improve., eiq360: Google Cloud-native edition of the EIQ platform, integrated with Gemini and Vertex AI, available via Google Cloud Marketplace (GA June 2026).

Unique value

EvoluteIQ's uniqueness lies in its AI-native, end-to-end approach to automation. Unlike fragmented tools, its EIQ platform is built on an Agentic Mesh Architecture {aMa} that allows business processes to think, act, and continuously improve autonomously.

Target customer

Large enterprises and Fortune 500 companies seeking to automate complex, end-to-end business processes.

Industries served

Banking and Financial Services, Insurance, Healthcare, Telecom and Media, Utilities

Technology advantage

The primary advantage is the unified EIQ platform that combines multiple technologies (AI, ML, RPA, iBPMS) into a single low-code solution. This simplifies development, accelerates deployment, and enables more resilient and intelligent automation, shifting from reactive task automation to proactive, end-to-end process orchestration.

How they differentiate

EvoluteIQ differentiates itself by offering an AI-native, end-to-end automation platform focused on 'agentic automation'. Unlike traditional RPA tools that automate discrete tasks, EvoluteIQ's platform is designed to orchestrate and automate entire complex business processes, enabling them to self-manage and continuously improve.

Main competitors

Automation Anywhere, UiPath, Appian

Key partnerships

Google Cloud, WNS, The DDC Group, Apexon, Zinnov (for research and whitepapers), HCL, InfoVision

Notable customers

Omega Healthcare, Kaiser Permanente, Automobile Association (UK), Orange Business

Major milestones

Secured a $53 million Series B / minority growth capital round led by Baird Capital (Sep 2025) to scale agentic automation globally., Appointed Paul Maguire as Chief Growth Officer and Abhinaya S R as CHRO (May 2026) following the Baird Capital investment., Launched eiq360, Google Cloud-native EIQ edition with Gemini/Vertex AI, on Google Cloud Marketplace (Jun 2026)., Recognized with a Silver Stevie® Award in the No-Code/Low-Code Platform category; Leader/Star Performer in Everest Group Process Orchestration PEAK Matrix 2025.

Growth metrics

ARR roughly doubling year-over-year; net revenue retention above 120% (CEO, May 2026); ~120 employees and 85+ customers with ~85% Fortune 500 mix; EBITDA-positive since year two.

Market positioning

EvoluteIQ is positioned in the hyperautomation and intelligent business automation market. It targets enterprises looking for a comprehensive, low-code/no-code solution that integrates various technologies like AI, ML, and RPA to achieve scalable and resilient digital transformation.

Geographic focus

While headquartered in Stockholm, Sweden, and London, UK, with a strong initial presence in Europe, EvoluteIQ is focused on global expansion. Its latest funding round is aimed at accelerating growth in North America and the Asia-Pacific (APAC) region.

Patents and IP

Information not publicly available.

About Sameet Gupte

Sameet Gupte has an extensive background in the technology services industry. Prior to co-founding EvoluteIQ, he served as the Group CEO of Servion (a Cisco Portfolio Company) and its group companies Innoveo AG and Acqueon Inc. Earlier, he was Executive Vice President and Managing Director for Global Financial Services and Europe at Virtusa, and held leadership positions at Wipro Technologies.

More AI Agents companies

Official website: https://evoluteiq.com/