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Evos raises $9 million to build autonomous AI operators for industrial businesses

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Evos raises $9 million to build autonomous AI operators for industrial businesses

News in Short

  • Evos has raised $9 million in pre-seed funding to expand its autonomous AI operations platform.
  • The round was co-led by Uncork Capital and Field Ventures.
  • The company says it crossed $1 million in annual recurring revenue just four weeks after going live.
  • Its AI operators learn business processes from experienced employees and carry out tasks within existing software.
  • One freight brokerage customer reported nearly 3,500 invoice audit decisions at 97% accuracy.

Evos, a company developing autonomous AI operators for industrial businesses, has emerged from stealth with $9 million in pre-seed funding. The company plans to use the capital to expand its team and bring its platform to more small and mid-sized businesses.

The funding round was co-led by Uncork Capital and Field Ventures. Crosslink Capital, Utopia Capital Management, Sandwith Ventures and angel investors also participated.

Evos says it crossed $1 million in annual recurring revenue (ARR) just four weeks after going live. Its platform targets businesses involved in making, moving and powering goods, where experienced employees often manage complex processes that traditional software only helps track.

Evos targets businesses overlooked by traditional software

Evos is building AI operators for companies in physical industries, including freight and manufacturing. These businesses often rely on experienced employees whose decisions and practical knowledge have developed over many years.

According to the company, that expertise is rarely documented in a format software can easily use. As experienced workers retire, businesses risk losing the knowledge required to manage daily operations.

Evos aims to capture that expertise and turn it into repeatable operational processes. Its platform learns how employees make decisions and uses those patterns to carry out assigned functions.

Founder and CEO Urav Shah said the goal is to make experienced employees’ expertise available across jobs and throughout the working day.

How Evos autonomous AI operators work

Unlike AI tools that require users to submit prompts and review every response, Evos gives its operators responsibility for specific business functions.

The platform learns from employee behaviour, including the decisions teams make and the patterns behind them. It then works within the software systems a business already uses.

Evos says an operator takes on a function autonomously only after its decisions consistently match those of the relevant team. Businesses can also decide how much oversight to retain, ranging from approval at every step to fully autonomous execution.

The company calls its implementation approach the Trifecta. It says a business can spend an hour with its experts, deploy a working operator the next day and see measurable results within a month.

Evos claims this process can replace implementations that traditionally take consultants or implementation partners nine to 18 months. These timelines are company-reported claims and may vary by business and task.

Freight brokerage customer reports 97% accuracy

Evos has shared an example from a freight brokerage that uses its operator to audit less-than-truckload carrier invoices against its transportation management system.

According to the company, the operator made nearly 3,500 audit decisions over its first two months, achieving 97% accuracy. Evos also says the operator closed out more than $600,000 in invoice value during the preceding five weeks.

MyFreightWorld president Mike Chalfant said the platform improved billing accuracy and operational efficiency, while requiring no upfront investment and taking days or weeks to implement.

The example illustrates how autonomous operators could handle repetitive administrative work in industries where invoice discrepancies and manual checks can consume significant staff time. However, the figures come from the company and its customer, rather than an independent assessment.

Investors back AI that executes work

Investors see Evos as an attempt to move business software beyond organising information and tracking tasks.

Richard Kerby, partner at Field Ventures, said the platform learns the decision-making behind business operations and takes ownership of operational functions. Tripp Jones, general partner at Uncork Capital, highlighted the speed at which companies are deploying its operators.

The investment will support team expansion and wider adoption among industrial businesses. Evos believes this market has been underserved by software designed primarily for digital workflows and larger organisations.

Plans to launch Workhorse platform

Evos plans to formally launch Workhorse, which it describes as a workforce for physical industries, in the coming weeks.

The launch will put its broader platform offering in focus as businesses evaluate how much operational responsibility they can safely delegate to AI. Accuracy, oversight, integration and measurable returns will remain important considerations.

Evos’ early revenue milestone and freight brokerage example suggest initial commercial interest. Its next challenge will be to demonstrate that its operators can deliver consistent results across different companies, processes and industrial sectors.

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