Innovapptive, a Houston, TX-based connected workforce platform for asset intensive industries, raised $16.3m in Series A funding.
The round, which brought Innovapptive’s valuation to more than $65m, was led by Tiger Global Management, LLC, a New York investment firm.
The company intends to use the funds for the continued global expansion and for further investment in its connected workforce platform.
Led by Sundeep Ravande, CEO and Co-founder, Innovapptive provides a connected workforce platform that connects the industry worker, back office and company leadership to enable customers to minimize plant outages by reducing maintenance backlogs, improving inventory accuracy, workforce capacity and data accuracy.
The company has offices in Australia, Netherlands and India.