# Evature

**Source:** https://www.startuphub.ai/startups/evature
**Profile type:** Startup

> Evature developed an Expert Virtual Agent (EVA) for free-text search in online travel, converting natural language queries into structured search requests.

## About

Evature's core product, EVA, is an Expert Virtual Agent designed to enhance online travel search. It leverages advanced algorithms to understand natural language inputs from users, converting them into highly precise, structured search queries. This technology aims to significantly improve conversion rates and revenue for online travel platforms by making search more intuitive and effective.

## Key facts

- **Slug:** evature
- **Location:** Tel Aviv, Israel
- **Founded:** 2009-01-01 00:00:00
- **Operating status:** Active
- **Total funding:** $2M
- **Sectors / tags:** Text, Search Engine, Travel Tech, Conversational AI, Natural Language Processing, AI Search Engine, Customer Service Automation, API Platform, Enterprise Software

## Frequently asked

### What does Evature do?

Evature's core product, EVA, is an Expert Virtual Agent designed to enhance online travel search. It leverages advanced algorithms to understand natural language inputs from users, converting them into highly precise, structured search queries. This technology aims to significantly improve conversion rates and revenue for online travel platforms by making search more intuitive and effective.

### What is Evature's valuation?

StartupHub estimates Evature's effective valuation at $7.4M (range $5.0M to $12.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Evature raised?

Evature has raised a total of $2M in funding. The most recent round on record is Seed.

### Where is Evature headquartered?

Evature is headquartered in Tel Aviv, Israel.

### When was Evature founded?

Evature was founded in 2009.

### What industry does Evature operate in?

Evature operates in Text, Search Engine, Travel Tech, Conversational AI, Natural Language Processing, AI Search Engine.

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