Company Overview
Snapshot
Founded in October 2023 by co-founders Noam Shakur and Or Feldman, Evolinq operates with 1–10 employees. The company is currently in the Pre-Funding stage.
Business overview
Evolinq provides an AI-powered procurement and supply coordination platform designed for procurement and operations teams. Its core technology utilizes AI agents that function as digital buyers, capable of processing various free-text formats such as emails, PDFs, and Excel files. The platform automates critical procurement tasks including RFQs, purchase order follow-ups, confirmations, and exception handling, while also monitoring order and supplier risk. It surfaces alerts for delays, mismatches, pricing changes, compliance issues, and inventory gaps. Evolinq serves industries like manufacturing, aerospace and defense, transportation, and retail, targeting companies with high-volume purchase orders and numerous suppliers, emphasizing minimal IT integration and no required supplier portal. The company operates within the Business Software sector, specifically focusing on Operations Solutions and leveraging Artificial Intelligence.
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- When was Evolinq founded?
- Evolinq was founded in October 2023.
- Who are the co-founders of Evolinq?
- The co-founders of Evolinq are Noam Shakur and Or Feldman.
- What is Evolinq's primary business model?
- Evolinq operates on a B2B business model, providing its AI-powered procurement platform to other businesses.
- What is Evolinq's current product status?
- Evolinq's product is currently released and available to customers.
- Which geographic markets does Evolinq target?
- Evolinq targets the geographic markets of Israel and Singapore.