EvolutionIQ
EvolutionIQ sells AI software that helps insurance claims professionals process disability and workers' compensation cases. The New York-based company employs 247 people globally and raised $63M in a Series C round in August 2024.
The growth story
EvolutionIQ grew from 30 to 247 employees between 2021 and 2026, raising $63M along the way, most recently a Series C in August 2024.
About
EvolutionIQ's software provides specific guidance to insurance claims handlers on how to process cases, focusing on disability and workers' compensation claims. The AI-driven platform aims to improve claim outcomes for both insurers and claimants.
The company has grown to 247 employees across the US, Europe, and Australia since its 2019 founding. Its $63M Series C funding round in August 2024 suggests continued investor confidence in its AI claims guidance technology.
Founders and leadership
Engineering is EvolutionIQ's largest function with 102 staff, indicating a strong technical focus. The company operates globally with teams spread across three continents.
The EvolutionIQ org chart
Michael Saltzman (Co-Founder, Co-CEO) leads 59 mapped leaders with 5 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 123 (+18% YoY), Product Management 23 (+35% YoY), Business Development 20 (-17% YoY), Information Technology 19 (-5% YoY), Human Resources 12 (-14% YoY), Sales 9 (0% YoY).
Talent flow
EvolutionIQ recruits heavily from tech and finance firms, with Amazon, Google, and EY being top sources. Its alumni move to companies like Meta, Bloomberg, and Amazon Web Services. The median tenure is 2 years.
Most common previous employers of EvolutionIQ staff: Amazon (10), Google (6), EY (6), LeafLink (5), Capital One (5), Oscar Health (5). Former EvolutionIQ employees most often moved to Meta (3), Harmonyze (3), Bloomberg (2), Amazon Web Services (AWS) (2), Grotto AI (2), Sierra (2).
Alumni worth knowing
The EvolutionIQ mafia
EvolutionIQ alumni have founded 7 companies, including Harmonyze (15 staff) and Grotto AI (13 staff), showing entrepreneurial activity among former employees.
8Gary Liskovich, was Group Product Manager until 2023Nick Deveau, was Staff Machine Learning Engineer - Lead until 2025Ben Epstein, was Staff Tech Lead - LLMs until 2025Akul Penugonda, was Group Product Manager until 2024Derrick Chen, was President until 2020Cole Kaltman, was Lead Recruiter until 2026
Sanat Dhir, was Head of Platform Engineering until 2025
Daniel Jin, was Data Analytics Engineer until 2023Hiring now
Web traffic
Traffic mix: 61% direct, 15% search, 12% social, 0% paid.
What this company is made of
Most common skills at EvolutionIQ: Python (Programming Language) (134), SQL (111), Leadership (107), Microsoft Office (89), Data Analysis (83), Project Management (78), Microsoft Excel (75), Amazon Web Services (AWS) (74).
Where the team actually sits
EvolutionIQ people are concentrated in New York, United States (97), New York City Metropolitan Area (42), California, United States (7), Illinois, United States (6).
Search footprint
EvolutionIQ attracts about 34 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 8 ranking keywords and lost 33 in the last period.
What employees say
- Compensation
- 4.40 / 5
- Career opportunities
- 4.10 / 5
- Senior management
- 4.10 / 5
- Work-life balance
- 3.90 / 5
Frequently asked
EvolutionIQ has 247 employees as of September 2026.
EvolutionIQ has raised $63M in total, most recently a Series C round in August 2024.
EvolutionIQ was founded in 2019 by Tomas Vykruta, Michael Saltzman.
Michael Saltzman (Co-Founder, Co-CEO) sits at the top of EvolutionIQ's reporting structure, with 5 direct reports.
The most common previous employers of current EvolutionIQ staff are Amazon (10 people), Google (6 people), EY (6 people).
Former EvolutionIQ employees most often move to Meta (3), Harmonyze (3), Bloomberg (2).
At least 7 companies have a founder who previously worked at EvolutionIQ, including Harmonyze, Grotto AI, Medex Finance.
EvolutionIQ attracts about 34 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among EvolutionIQ staff are Python (Programming Language), SQL, Leadership, Microsoft Office, Data Analysis.
EvolutionIQ staff are concentrated in New York, United States (97), New York City Metropolitan Area (42), California, United States (7).
EvolutionIQ has about 123 people in Engineering, up 18% over the past year, as of September 2026.
EvolutionIQ has about 23 people in Product Management, up 35% over the past year, as of September 2026.
Computed from 225 current and 150 former EvolutionIQ profiles, as of September 2026. Source: Crustdata.
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