Innovapptive offers a patented, code-free connected work platform and integrated suite of apps that integrate with enterprise ERP, EAM and APM systems to support operators, maintenance and warehouse teams. The platform enables collaboration and job identification within work management workflows for front-line, back-office and resource workers. Customers include companies across Energy, Mining, Metals, Utilities, Chemicals and Industrial Manufacturing, including some of the world’s largest Fortune 500 asset-intensive firms. Led by founder and CEO Sundeep Ravande, the company has offices in Houston, Australia and India. Innovapptive plans to use its recent funding to accelerate product innovation, expand into new regional markets and further establish its position in the connected worker software category. The company recently completed a Series B financing (amount undisclosed). Innovapptive is a digital transformation company offering a Connected Worker Platform that digitalizes the last mile of frontline workers into SAP and IBM Maximo technologies. The platform integrates GIS operational data and data from SAP and IBM Maximo with work instructions, SOPs, and checklists, connecting workers, machines, workflows, and executives to minimize plant outages and maximize margins. Headquartered in Houston with offices in Australia and India, Innovapptive serves blue-chip, global enterprise customers and reported record second-quarter sales. The company says its business is more than doubling every year. In October 2022 Espresso Capital provided a $15 million credit facility to support growth. Innovapptive plans to use the financing to expand operations, ramp up sales and marketing, and make additional investments in its platform; Tiger Global Management is an existing investor. Innovapptive provides a connected workforce platform that links industry workers, back office staff and company leadership to minimize plant outages by reducing maintenance backlogs and improving inventory accuracy, workforce capacity and data accuracy. The company is led by CEO and co-founder Sundeep Ravande. It has offices in Australia, the Netherlands and India in addition to its Houston base. Innovapptive raised $16.3m in a Series A that pushed its valuation to more than $65m. The company intends to use the funds for continued global expansion and for further investment in its connected workforce platform. Innovapptive is a Houston, TX-based provider of configurable cloud-based enterprise mobile solution frameworks for EAM, field operations and supply chain. Led by President and Co-founder Sundeep Ravande, the company serves some of the world’s largest brands in Oil & Gas, Life Sciences, Chemicals, and Manufacturing. It has over 150 employees with offices in the USA, Germany and India. Innovapptive completed a $1.5M funding round led by Hyderabad Angels, and Kishore Ganji from Hyderabad Angels will join the company’s board. The company plans to use the funds to scale its sales and marketing teams, accelerate product innovation, and expand customer acquisitions in the mobile workforce management market.

Total raised

$33M

Funding rounds

4

Latest round

Debt Financing

Latest activity

Oct 2022