Evolinq

Company Overview

Snapshot

Founded in October 2023 by Noam Shakur and Or Feldman, Evolinq operates with 1–10 employees. The company is currently in the Pre-Funding stage, focusing on developing its AI-powered procurement and supply coordination platform.

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. It also monitors order and supplier risk, alerting users to delays, mismatches, pricing changes, compliance issues, and inventory gaps. Evolinq serves industries such as manufacturing, aerospace and defense, transportation, and retail, particularly those managing high-volume purchase orders and numerous suppliers, with a focus on minimal IT integration and no requirement for a supplier portal. The company operates within the Business Software sector, specializing in Operations Solutions, and leverages Artificial Intelligence as a core technology.

Company Intelligence Q&A

When was Evolinq founded?

Evolinq was founded in October 2023.

Who are the founders of Evolinq?

Evolinq was co-founded by Noam Shakur and Or Feldman.

What is Evolinq's primary business focus?

Evolinq focuses on providing an AI-powered platform for procurement and supply coordination, automating tasks like RFQs, PO follow-ups, and risk monitoring for procurement and operations teams.

Which industries does Evolinq primarily serve?

Evolinq primarily serves manufacturers, aerospace and defense, transportation, and retail companies that manage high-volume purchase orders and numerous suppliers.

What is the current employee count at Evolinq?

Evolinq currently has 1–10 employees.