EvoluteIQ, a leader in enterprise automation, has secured $53 million in a minority growth funding round led by Baird Capital, reflecting the growing demand for AI-powered business process automation. The capital infusion will support the company’s international expansion and enhance research and development efforts as it pursues its vision of AI-led enterprise transformation.
India remains a cornerstone of EvoluteIQ’s growth strategy, with its largest R&D hub located in Bengaluru. The new funding will strengthen Indian operations, focusing on talent acquisition and the development of next-generation automation platforms that can drive more intelligent and proactive enterprise systems.
“India has been instrumental in our journey, providing the backbone of innovation for our global success,” said Sameet Gupte, Co-founder and CEO of EvoluteIQ. He emphasized that agentic AI, which moves beyond reactive automation to intelligent, anticipatory orchestration, represents the future of enterprise transformation, enabling companies to operate with greater agility and efficiency.
Baird Capital expressed confidence in EvoluteIQ’s ability to shape the future of enterprise automation. “EvoluteIQ has earned its place alongside automation trailblazers, addressing a critical AI need across enterprises,” remarked Daina Spedding, Director at Baird Capital. The investment signals strong belief in EvoluteIQ’s potential to expand its footprint and deliver scalable AI solutions that meet the evolving demands of global enterprises.
Founded in 2019, EvoluteIQ serves Fortune 500 clients across banking, healthcare, telecom, and manufacturing, helping organizations build autonomous, resilient, and future-ready systems. The company’s solutions focus on creating sustainable operational efficiencies, enabling enterprises to adapt quickly to market shifts while maintaining high levels of accuracy and compliance.
With this latest funding, EvoluteIQ is poised to accelerate the adoption of AI-driven automation worldwide, leveraging its Indian R&D expertise and global market reach to develop transformative solutions that redefine how enterprises operate. The company aims to remain at the forefront of AI innovation, ensuring that businesses can harness the full potential of intelligent, self-learning systems to drive growth and operational excellence.
