Innovapptive Raises Series B Funding

Innovapptive

Innovapptive, a Houston, TX-based provider of a SaaS-based connected worker platform, raised an undisclosed amount in Series B funding.

The round was led by Vista Equity Partners, with participation from existing investor Tiger Global Management. Ben Benson, Senior Vice President at Vista, will join Innovapptive’s Board of Directors effective immediately.

The company intends to use the funds to accelerate product innovation and reach new regional markets while further establishing its position in the emerging connected worker software category.

Led by Sundeep Ravande, Founder and CEO, Innovapptive is an industrial connected workers solution provider that brings together front-line, back-office and resource workers. The platform works for aspects of a company’s work management processes with its flagship patented code-free connected work platform and integrated suite of apps that integrate with enterprise ERP systems, EAM ( Enterprise Asset Management) and APM (Asset Performance Management). The platform enables operators, maintenance and warehouse teams to collaborate and communicate to perform job identification in work management workflows.

Customers span across Energy, Mining, Metals, Utilities, Chemicals and Industrial Manufacturing including some of the world’s largest Fortune 500 asset-intensive companies.

The company also has offices in Australia, and India.

FinSMEs

04/05/2023