Who founded EvoluteIQ?

EvoluteIQ was founded by Arun Hiremath in 2019.

Who are EvoluteIQ's investors?

EvoluteIQ's investors include Round2 Capital Partners, Baird Capital, Confidus Venture Capital.

How much funding has EvoluteIQ raised?

EvoluteIQ has disclosed $20M raised across 1 of its 3 known rounds.

EvoluteIQ

Founded 2019 · 133 employees on LinkedIn · 7 known investors

Find your way into EvoluteIQ

566 people in our graph share verified history with the EvoluteIQ team — schools, employers, funds. One of them is your warm intro.

Ben Coughlanunlockedknows Arun Hiremath · together at Qualcomm (overlapped)

×3knows the team · via Stanford University Graduate School of Business

×8knows the team · via Qualcomm

EvoluteIQ provides an agentic AI platform for building and managing autonomous processes in regulated industries, integrating with enterprise systems like SAP and Salesforce. The platform combines generative AI with traditional AI, RPA, and compliance guardrails to automate complex, end-to-end business workflows.

AI & Machine Learning Enterprise Software SaaS

Founders & leadership

EvoluteIQ was founded in 2019 by Arun Hiremath.

Arun Hiremath inCo-Founder and Chief Business OfficerArun Hiremath is Founder and Chief Business Officer of EvoluteIQ, an agentic AI platform for enterprise automation in regulated industries. He brings over 20 years of experience in product management, product marketing, strategy, and business development across software and system solutions.

Sameet Gupte inCo-Founder & Chief Executive OfficerSameet Gupte is Co-Founder and CEO of EvoluteIQ, an agentic AI platform for autonomous process management in regulated industries that integrates with enterprise systems and combines generative AI with RPA and compliance controls.

Investors · 7

Round2 Capital PartnersBerlin · $1M – $5M

Baird Capitalreported · 2 sourcesChicago

Confidus Venture Capitalreported

Also in the syndicate · 4

DCAP SelectNordea Growth FundPH venturesRound2 Capitallead

Funding

SEC filings, press & company announcements

$20M disclosed across 1 of 3 rounds · 2024–2025

Undisclosed amountminority growth capital roundSep 2025
Baird Capital (lead)
Source ↗
$20MraisedOct 2024 · 3 sources
Round2 Capital (lead), DCAP Select, Nordea Growth Fund, PH ventures
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Swedish AI platform EvoluteIQ raises €44 million round for the global expansion of its Agentic AI | EU-Startupseu-startups.com · Sep 2025

Yourstoryyourstory.com · Sep 2025

EvoluteIQ Secures $53M Growth Investment led by Baird Capital to Accelerate Global Expansion of its Agentic AI Platform - EvoluteIQevoluteiq.com · Sep 2025

EvoluteIQ Raises $20M In Fundingfinsmes.com · Oct 2024

EvoluteIQ Secures USD 20 Mn in Funding Led by Round2 Capital to Enhance AI-Powered Automation Platformindia.entrepreneur.com · Oct 2024

EvoluteIQ Secures $20million Funding to Fuel Growth and Innovation in AI-Powered Automation - EvoluteIQevoluteiq.com · Oct 2024

Frequently asked questions

What does EvoluteIQ do?: EvoluteIQ provides an agentic AI platform for building and managing autonomous processes in regulated industries, integrating with enterprise systems like SAP and Salesforce. The platform combines generative AI with traditional AI, RPA, and compliance guardrails to automate complex, end-to-end business workflows.
Who founded EvoluteIQ?: EvoluteIQ was founded by Arun Hiremath in 2019.
Who are EvoluteIQ's investors?: EvoluteIQ's investors include Round2 Capital Partners, Baird Capital, Confidus Venture Capital.
How much funding has EvoluteIQ raised?: EvoluteIQ has disclosed $20M raised across 1 of its 3 known rounds.