Nvelop
Helsinki, FI · 1 known investors
Nvelop offers an AI-driven platform for creating and managing procurement sourcing projects, with built-in compliance controls. It is aimed at procurement teams looking to centralize and standardize sourcing processes and reduce maverick spending across categories.
Founders & leadership
MV
Mikko ValorintaCo-founder & CEO
NN
Nithin NadagoudaCo-founder & CSO
IU
Ilkka UuhiniemiCo-founder & CTO
Investors · 1
Competitors · 10
by search overlap
Responsive54 shared keywordsResponsive builds an AI-powered Strategic Response Management (SRM) platform that helps organizations respond to RFPs, RFXs, security questionnaires, and other inquiries. Originally launched as RFPIO, it serves nearly 2,000 customers, including over 20 percent of the Fortune 500.
Onventis39 shared keywordsOnventis provides a cloud-based procurement suite that helps midsize enterprises automate purchasing and finance processes to achieve cost control and efficiency. The platform connects buyers and suppliers through a globally connected network and supports purchasing managers, CFOs, and suppliers.
Netezza39 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Aavenir39 shared keywordsAavenir provides an AI-powered contract lifecycle management (CLM) platform built natively on ServiceNow, covering sourcing, authoring, approvals, obligations, and renewals, with complementary applications for vendor onboarding, obligation management, AP automation, and vendor compliance screening. It serves legal, procurement, sales, finance, and IT teams at enterprises across BFSI, healthcare and life sciences, manufacturing, energy, public sector, telecom, and education.
Sifthub38 shared keywordsSiftHub is an AI platform for sales, presales/SE, and bid & proposal teams that automates RFPs, security questionnaires, deal briefs, and sales collateral using a retrieval-augmented generation pipeline grounded in a company's approved content. It provides enterprise search, source citations, and governance controls to produce accurate, customer-facing responses across the deal cycle.
Spendflo37 shared keywordsSpendflo builds Flo, an autonomous procurement workforce of AI agents that runs the intake-to-pay cycle — handling purchase requests, contract tracking, and invoice matching — while human teams approve only what needs them. Originally a SaaS spend management platform, it serves finance and procurement teams at businesses managing many vendors, contracts, and subscriptions.
Tipalti37 shared keywordsTipalti is an AI-powered finance automation platform that automates accounts payable, mass payments, procurement, and employee expenses for growing companies. The platform serves businesses seeking to streamline financial operations and reduce manual finance tasks.
Inventive AI36 shared keywordsInventive AI provides software that automates RFP response generation for sales teams using AI agents trained on a company's existing documentation and knowledge systems. The platform integrates with CRMs and collaboration tools to enable faster, consistent proposal creation and improve win rates.
Deep36 shared keywordsDeepStream provides eRFx and source-to-contract software for procurement teams, focusing on usability and phased adoption. The company serves clients across 56 countries in the procurement technology space.
Fairmarkit34 shared keywordsFairmarkit provides an AI-driven autonomous sourcing platform that helps procurement teams competitively source spend across categories at scale. It uses AI agents to handle sourcing volume while category managers focus on strategy, targeting enterprise procurement functions.
Companies competing with Nvelop for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Nvelop do?
- Nvelop offers an AI-driven platform for creating and managing procurement sourcing projects, with built-in compliance controls. It is aimed at procurement teams looking to centralize and standardize sourcing processes and reduce maverick spending across categories.
- Who founded Nvelop?
- Nvelop was founded by Mikko Valorinta, Nithin Nadagouda, Ilkka Uuhiniemi.
- Who are Nvelop's investors?
- Nvelop's investors include Failup Ventures.
- Where is Nvelop headquartered?
- Nvelop is headquartered in Helsinki, FI.