How much funding has Nvelop raised?

Nvelop has raised $1.3M in total funding, most recently a Seed round.

Who are Nvelop's investors?

Nvelop's investors include Antler.

Where is Nvelop headquartered?

Nvelop is headquartered in Helsinki, Finland.

What industry is Nvelop in?

Nvelop operates in Artificial Intelligence, SaaS, Workflow Automation.

Nvelop

AI-powered agents to transform your sourcing

Helsinki, Finland · Founded 2024 · $1.3M raised

Artificial Intelligence

SaaS

Workflow Automation

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

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 Antler.