# EvoluteIQ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/evoluteiq

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.evoluteiq.com
- Latest round: Series A (Jul 31, 2019)
- Investors on record: 1

## About

Based in London, UK, and founded in 2019, EvoluteIQ Limited is an Intelligent Process Automation (IPA) firm focused on providing productized business solutions using Robotic Process Automation (RPA), Artificial Intelligence, and machine learning technologies. Sameet Gupte is the Chief Executive Officer of the company. In 2019, Confidus Investment Partners AB acquired EvoluteIQ Limited. In March 2021, Nordea became the banking partner for EvoluteIQ.

The company provides a platform called e.IQ which is an end-to-end hyper-automation enablement platform. The platform enables organizations to launch end-to-end digital native solutions by combining process automation and intelligent data processing in a robust low-code/no-code development environment. It identifies existing digital hooks that can benefit from hyper-automation through cognitive automation and process modernization. The e.IQ platform offers process automation, data processing, stream data/IoT, AI/machine learning, and blockchain applications. The company’s solutions are utilized by industries like banking, insurance, telecom and media, healthcare, retail, and energy and utilities. In September 2025, EvoluteIQ AB raised USD 53 million in?growth capital?funding?from Baird Capital Partners.

The company plans to utilize the September 2025 funding for global expansion setup, enterprise automation platform development, and leadership team strengthening.

## Funding rounds

- Series A, Jul 31, 2019 — Confidus Venture Capital

## Investors

- Confidus Venture Capital (https://capitalatlas.ai/funds/confidus-venture-capital) — Series A