Evolv - About the company
Evolv is an acquired company based in Reykjavik (Iceland). It operates as a Developer of digital workforce software using robotic process automation technology. The company has 1393 active competitors, including 133 funded and 51 that have exited. Its top competitors include companies like AvidXchange, Zapier and Blue Prism.
Company Details
Developer of digital workforce software using robotic process automation technology. Software solutions automate administrative and operational business processes through a combination of rules-based systems and artificial intelligence. These applications integrate with existing software environments to perform autonomous tasks or assist human workers in decision-making workflows. Offerings include standardized modules for procurement, finance, human resources, and customer service departments. Implementation processes involve initial workflow analysis, system construction, testing, and training support for personnel.
Key Metrics
Location
Reykjavik, Iceland
Stage
Acquired
Ranked
1480th among 1480 competitors
Exit Details
Acquired by Advania (May 27, 2026)
Evolv's acquisition details
Evolv got acquired by Advania on May 27, 2026.
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Evolv's funding and investors
Evolv has not raised any funding rounds yet.
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Evolv's Competitors and alternates
Top competitors of Evolv include AvidXchange, Zapier and Blue Prism. Here is the list of Top 10 competitors of Evolv, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  AvidXchange 2000, Charlotte (United States), Acquired | Accounts payable and payment automation solution for businesses | $1.18B | 73/100 | |
2nd | Zapier 2011, San Francisco (United States), Seed | Provider of a platform for automating workflows and integrating applications | $2.68M | 68/100 | |
3rd | Blue Prism 2001, Warrington (United Kingdom), Acquired | Cloud-based platform for cognitive automation | $30.5M | 68/100 | |
4th |  Upstage 2020, San Jose (United States), Series C | Provider of AI platform for multiple task management | $285M | 66/100 | |
5th |  ABBYY 1989, Milpitas (United States), Late Stage | Provider of intelligent automation software and solutions for document and process understanding | - | 65/100 | |
6th | Automation Anywhere 2003, San Jose (United States), Series B | Provider of AI-based platform for robotic process automation | $840M | 64/100 | |
7th | Vercept 2024, Seattle (United States), Acqui-Hired | Developer of an AI-powered computer interface designed to automate tasks | $50M | 54/100 | |
8th | Provider of low and no code intelligent business automation platform that enables digital transformation | $73M | 63/100 | ||
9th |  Amity Solutions 2012, Bangkok (Thailand), Series D | Provider of enterprise-grade generative AI applications and chatbot platforms | $160M | 63/100 | |
10th |  Unframe AI 2024, Cupertino (United States), Series B | Provider of a managed AI delivery platform for tailored business solutions | $100M | 63/100 | |
1480th | Developer of digital workforce software using robotic process automation technology | - | - | - |
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Evolv's Investments and acquisitions
Evolv has made no investments or acquisitions yet.
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