EvoluteIQ describes itself as an end-to-end hyperautomation platform that brings together process orchestration, data and event processing, agentic and generative AI, ML, enterprise connectivity, and front-end application development.
Swedish startup EvoluteIQ received €44 million investment from Baird Capital in a private equity funding round to support its global expansion and strengthen its position in enterprise-grade agentic AI-led automation.
This minority growth capital will help the company accelerate its development and scale operations worldwide. EvoluteIQ highlighted that the Agentic AI market represents a shift from reactive automation to proactive and intelligent orchestration, and that Baird Capital’s experience in scaling technology businesses and global reach will support its next phase of growth.
Founded in 2019, EvoluteIQ develops the EIQ platform, built on its proprietary Agentic Mesh Architecture (aMa) and AI Workbench. The company reported that the platform delivers measurable outcomes by orchestrating end-to-end business workflows, particularly in industries such as banking, financial services, insurance, healthcare, telecommunications, and manufacturing.
The platform integrates process orchestration, data management, and GenAI-driven decision-making in a Low-Code/No-Code/Pro Code environment. EvoluteIQ stated that this approach helps enterprises streamline operations by replacing fragmented toolchains and enabling secure, scalable, and cost-efficient automation.
According to the company, its differentiated model addresses a key challenge for enterprises: moving beyond standalone AI tools to a comprehensive, autonomous business process management system.
With support from Baird Capital, EvoluteIQ plans to scale globally and has added Daina Spedding and Mark Donnelly from Baird Capital to its Board of Directors.
Baird Capital said the investment reflects its interest in AI and automation, noting that EvoluteIQ has established itself as a strong player in the enterprise automation space and addresses a critical market need.
