Sweden · 
Who invested in EvoluteIQ?
EvoluteIQ's investors include Baird Capital, Round2 Capital Partners, DCAP Select, Nordea Growth Fund and PH ventures. Baird Capital led its latest round.
2025
$20MRound$53MGrowth
Sweden · Growth startup
Who invested in EvoluteIQ
2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
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Funding summaryUpdated 5 Nov 2026
$73Mraised across 2 rounds since 2024, from 2 sources
$20MRound$53MGrowth
- Latest round
- Growth, $53MSept 2025
- Led by
- Baird Capital
- Step-upi
- 2.6×
- Investors
- 5 (2 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Round, $20M Oct 2024
- Biggest round
- $53M Growth · Sept 2025
- Between rounds
- 11 months from the last two
The rounds
- Sept 2025
- Oct 2024Round$20M4 new
Reported by Silicon Canals
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Everyone who backed them
DCAP SelectInvestment firm1round
Nordea Growth FundInvestment firm1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about EvoluteIQ
How much has EvoluteIQ raised?
EvoluteIQ has raised $73M across 2 rounds since 2024.
When did EvoluteIQ last raise?
EvoluteIQ's most recent round was a Growth of $53M in Sept 2025, led by Baird Capital.
What was EvoluteIQ's biggest round?
Its most recent round, $53M in Sept 2025, is also its largest on record.
Who backed EvoluteIQ first?
EvoluteIQ's first round on record, in Oct 2024, was backed by Round2 Capital Partners, DCAP Select and Nordea Growth Fund and 1 others.
What stage is EvoluteIQ at?
EvoluteIQ's latest named round is a Growth, in Sept 2025.
Where is EvoluteIQ based?
EvoluteIQ is based in Sweden.
Who led EvoluteIQ's rounds?
Round2 Capital Partners led the Undisclosed round in 2024; Baird Capital led the Growth in 2025.
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