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EvoluteIQ raised $20 million in equity and debt led by Round2 Capital to enhance its AI automation platform and expand operations globally.

PRIVATEOct 29, 2024

Amount Raised

$20 Million

Round Type

Venture

StockholmSoftwareArtificial IntelligenceSaaS

Investors

Nordea Growth FundDcap SelectPh VenturesRound2 Capital

Description

EvoluteIQ announced an investment of $20 million in equity and debt, which will support its plan to enhance its AI automation platform and expand operations worldwide. The company has shown strong momentum, growing its customer base across key industries and achieving consistent organic growth.

Quick answer

EvoluteIQ raised $20 Million in a funding round, dated October 29, 2024. Investors: Nordea Growth Fund, Dcap Select, Ph Ventures and Round2 Capital. EvoluteIQ is based in Stockholm, Stockholm County, Sweden.

How much did EvoluteIQ raise?
EvoluteIQ raised $20 Million in a funding round on October 29, 2024.
Who invested in EvoluteIQ?
Nordea Growth Fund, Dcap Select, Ph Ventures and Round2 Capital are named as investors in this round.
What does EvoluteIQ do?
EvoluteIQ is a leader in AI-powered end-to-end automation, offering a low-code/no-code platform that combines generative AI, intelligent data and event processing, process automation, RPA, web/mobile application..
Where is EvoluteIQ based and how big is it?
EvoluteIQ is based in Stockholm, Stockholm County, Sweden. Fundz records about 80 employees.
Who are the decision-makers at EvoluteIQ?
Fundz holds 2 contacts at EvoluteIQ. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in SaaS and Software around the same time

Companies in the same sectors as EvoluteIQ that raised within 45 days of this round, from Fundz verified event records.

  • eyva.ai raised $2.8M (Seed) on December 13, 2024.
  • Askel.ai raised $398K (Pre-Seed) on December 13, 2024.
  • Subscript raised $18M on December 12, 2024.
  • NeuBird raised $23M (Seed) on December 11, 2024.
  • Aampe raised $18M (Series A) on December 10, 2024.
  • Wald raised $4M (Seed) on December 10, 2024.

Who to call at EvoluteIQ, and when

A new round usually means EvoluteIQ is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day EvoluteIQ raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at EvoluteIQ, from your own LinkedIn network

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Company Information

Company

EvoluteIQ

Location

Stockholm, Stockholm County, Sweden

About

EvoluteIQ is a leader in AI-powered end-to-end automation, offering a low-code/no-code platform that combines generative AI, intelligent data and event processing, process automation, RPA, web/mobile application development and built-in connectors to simplify and accelerate enterprise digital transformation. The company helps organizations optimize workflows, reduce operational costs, and drive scalability across industries. EvoluteIQ has experienced strong market momentum with a growing customer base across key sectors. Their platform is known for its integrated feature set, adaptability, and user-friendly design.

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EvoluteIQ raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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