Baird Capital Invests in EvoluteIQ
Today, Baird Capital announced a $53 million investment in EvoluteIQ, a native AI platform that can be used to automate end-to-end processes across any industry. The investment positions EvoluteIQ to accelerate its global expansion and cement its leadership in the enterprise-grade, agentic AI-led automation space.
Founded in 2019, EvoluteIQ helps organizations streamline operations and reduce costs by designing, deploying, and scaling end-to-end AI-driven business processes. The platform delivers measurable outcomes across mission-critical operations in banking and financial services, insurance, healthcare, telecommunications, and manufacturing by orchestrating complete end-to-end business workflows instead of the traditional point-solution approach.
EvoluteIQ’s approach sets the standard for agentic automation, enabling Fortune 500 enterprises to build autonomous, resilient, and future-ready systems that drive lasting growth.
The investment demonstrates our excitement for AI and reshaping automation. EvoluteIQ has earned its place alongside other automation trailblazers, bringing deep expertise and addressing a critical AI need across the enterprises they serve. We are delighted to welcome EvoluteIQ into Baird Capital’s portfolio, and we look forward to working with the team to grow the business.
Daina Spedding, Director, Baird Capital Global Private Equity
Spedding and Mark Donnelly, Partner at Baird Capital, will join the EvoluteIQ board of directors.
