Nvelop
AI-powered agents to transform your sourcing
Helsinki, Finland · Founded 2024 · $1.3M raised
- Headquarters
- Helsinki
- Employees
- 11–50
- Founded
- 2024
- Business Model
- B2B
- Website
- nvelop.ai
- Total Funding
- $1.3M
- Last Round
- $1.3M SeedJun 2025
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.
About
Nvelop Technologies Oy is a Helsinki-based AI procurement platform founded in 2024 by Nithin Nadagouda, Mikko Valorinta, and Ilkka, all former Capgemini colleagues. The platform provides agentic sourcing capabilities across the full source-to-contract lifecycle: sourcing project planning, requirements management, AI-generated RFX documents, e-tendering, vendor Q&A automation, proposal normalization and comparison, collaborative evaluation scoring, and deal room negotiation. Nvelop's AI agents reduce sourcing cycle times by 40%, drive 15% reduction in spend, and provide 100% compliance coverage. The company raised a €1.2 million seed round in June 2025 led by Failup Ventures with participation from Antler. Customers include startups and mid-sized companies integrating AI into procurement workflows.
Summary
Nvelop is an Artificial Intelligence company based in Helsinki, Finland, founded in 2024. It has raised $1.3M in total across 1 round, most recently a $1.3M Seed round in Jun 2025. Investors include Failup Ventures and Antler.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Jun 2025
Investors
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