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§ Private Profile · Princeton, NJ, USA
Cloud-based SaaS no-code platform enabling enterprises to build custom applications for complex, regulated industries like insurance and financial.
Innoveo operates as a cloud-based SaaS provider, offering its no-code platform, Innoveo Skye®, to enterprises for building custom applications in complex, regulated industries. The platform targets sectors such as insurance, financial services, real estate, and healthcare, having delivered over 500 applications to accelerate digital transformation. Innoveo's solutions have processed more than $1 billion in transactions globally and the company has raised $15 million in Series A funding. Lead investors include Everstone Capital and Paulson Inc., while its customer base features recognizable names such as Zurich Insurance, Allianz, and Chubb. Vinod Kachroo serves as CEO, with Amir Ghaffar as Executive Vice-Chairman, overseeing its expansion in the no-code enterprise space. Its business model centers on cloud-based SaaS subscriptions and platform-as-a-service offerings, supported by investors including Everstone Capital.
Innoveo has raised $15.0M across 1 funding round.
Innoveo has raised $15.0M in total across 1 funding round.
Innoveo has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series A in April 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 20, 2021 | $15M Series A | — | Everstone Capital, Paulson & CO. | Announced |
Innoveo has raised $15.0M in total across 1 funding round.
Innoveo's investors include Everstone Capital, Paulson & Co..