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Saas Platform Innovapptive Raises Funding Led By Vista Equity Partners

May 09, 2023about 2 years ago
HoustonSoftware

Description

Hyderabad-headquartered SaaS-based worker platform Innovapptive Inc on Tuesday announced it has raised a Series B investment led by global investment firm Vista Equity Partners. 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 establishing its leadership position in the emerging connected worker software category, the company said in a media statement. “Vista has significant experience scaling enterprise software businesses and emerging technologies

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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