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Innovapptive Announces Series B Investment Led By Vista Equity Partners

PRIVATEMay 04, 2023

Round Type

Series B

HoustonInformation TechnologySoftware

Investors

Vista Equity Partners

Description

Innovapptive Inc. ("Innovapptive"), a SaaS-based Connected Worker Platform, announced today it has raised a Series B investment led by Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. Existing investor Tiger Global Management also participated in the round. Innovapptive will use the investment to accelerate product innovation and reach new regional markets while further establishing its leadership position in the emerging connected worker software category.

Quick answer

Innovapptive raised an undisclosed amount in a Series B round, dated May 4, 2023. Investors: Vista Equity Partners. Innovapptive is based in Houston, Texas, United States.

How much did Innovapptive raise?
Innovapptive raised an undisclosed amount in a Series B round on May 4, 2023.
Who invested in Innovapptive?
Vista Equity Partners is named as investors in this round.
What does Innovapptive do?
Innovapptive offers a cloud-based "Mobile First" Software for the office of the COO.
Where is Innovapptive based and how big is it?
Innovapptive is based in Houston, Texas, United States. Fundz records about 331 employees.
Who are the decision-makers at Innovapptive?
Fundz holds 1 contact at Innovapptive, including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Innovapptive that raised within 45 days of this round, from Fundz verified event records.

  • Nivagen Pharmaceuticals raised $5M on June 16, 2023.
  • Olumo raised $400K (Seed) on June 16, 2023.
  • Clerk raised $29M on June 16, 2023.
  • Virtualitics raised $37M on June 16, 2023.
  • Peach Cars raised $5M (Seed) on June 15, 2023.
  • Blackbird.AI raised $20M (Series B) on June 15, 2023.

Who to call at Innovapptive, and when

A new round usually means Innovapptive is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at Innovapptive, from your own LinkedIn network

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Company Information

Company

Innovapptive

Location

24 GREENWAY PLAZA

Houston, Texas, United States

About

Innovapptive offers a cloud-based "Mobile First" Software for the office of the COO. More than 50+ of the world’s leading companies have transformed their Enterprise Asset Management, Field Data Capture, and Inventory Management processes with Innovapptive. Our customers include Shell, Hess, Par Pacific, Dominion Energy, Sask Power, Rio Tinto, Newmont Mining, EDF Renewables, Air Gas, AkzoNobel, DuPont, and many more. Innovapptive's connected worker platform uniquely brings maintenance, operations and supply chain workers together. On a single, unified and a patented Low-Code/No-Code platform, Front-line workers are empowered with reconfigurable "Mobile First Apps" to support enterprise asset management use cases such as operator rounds, work order management, safety inspections/checklists, work instructions and inventory management. Similarly, the back-office is empowered with apps to plan, schedule, and gain actionable insights on real-time execution, coupled with articificial intelligence, machine learnning and natural language processing features to make predictable recommendations. Front-line workers across maintennace, operatons and supply chain struggle to communicate and collaborate with each other in a paper based process or by choosing a "Point" Nichle Mobile Application. A unified, "Mobile First" Connected Worker platform allows for seamless execution and collaboration between work identification, work execution, work capture, inventory management, and work management processes by bringing maintenance, operations and supply chain together. Enterprises have led to believe that they have two choices: Pick an application that is a "Point" field data capture solution and/or pick a "Point" Mobile Enterprise Asset Management and Inventory Management solution. Unlike these alternatives, Innovapptive combines best of both world's on a single unified platform to deliver measurable results with improvements in productivity, safety, compliance, and downtime

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Related People

1 contact
Verified contactsHari K., Executive Officer hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Innovapptive raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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