Total amount raised
Latest funding date
Location
Innovapptive has developed an AI-powered Connected Worker Platform that aims to revolutionize maintenance, operations, and supply chain processes through digital transformation. The platform offers a range of solutions, including digital operations, digital maintenance, warehouse solutions, and connected EHS, designed to enhance productivity, safety, and compliance across various industrial sectors.
Keep reading to explore the intricacies of Innovapptive's fundraising journey and the investors backing this innovative platform.
What Is Innovapptive?
Innovapptive operates in the software and technology industry, focusing on digital transformation solutions for industrial sectors. The company provides an AI-powered Connected Worker Platform designed to enhance maintenance, operations, and supply chain processes.
Innovapptive's platform leverages AI to automate tasks, uncover insights, and boost productivity. Their solutions cater to various industries, including Oil & Gas, Chemicals, Mining & Metals, Manufacturing, and Utilities.
By offering features such as mobile maintenance, digital inspections, and work instructions, Innovapptive aims to reduce downtime, increase operational efficiency, and improve workforce productivity through digital transformation.
How Much Funding Has Innovapptive Raised?
- Seed Round
- Amount Raised: $1.5 million
- Date: January 2015
- Lead Investors: Silverton Partners
- Series A
- Amount Raised: $10 million
- Date: June 2018
- Lead Investors: BGV, Silverton Partners
- Series B
- Amount Raised: $16.3 million
- Date: September 2020
- Lead Investors: Tiger Global Management
Innovapptive has raised a total of $27.8 million across all funding rounds.
Key Investors
- Silverton Partners
- Details: Silverton Partners is a venture capital firm based in Austin, Texas. They focus on early-stage investments in technology and software companies.
- Investment Focus Areas: Technology, Software, Consumer
- Notable Investments: SailPoint, SpareFoot, The Zebra
- BGV
- Details: BGV, or Benhamou Global Ventures, is a Silicon Valley-based venture capital firm. They specialize in early-stage investments in enterprise software companies.
- Investment Focus Areas: Enterprise Software, Cybersecurity, Cloud Computing
- Notable Investments: Totango, 6dbytes, Ayehu
- Tiger Global Management
- Details: Tiger Global Management is an investment firm that focuses on private and public companies in the global Internet, software, consumer, and financial technology sectors. They are known for their aggressive investment strategy.
- Investment Focus Areas: Internet, Software, Consumer, Fintech
- Notable Investments: Facebook, LinkedIn, Spotify
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