The latest platform to connect an industrial workforce productivity with performance and communication gets funding.
From their press release:
HOUSTON, April 17, 2019 /PRNewswire/ — Innovapptive, a leading connected workforce platform for asset intensive industries, announced today a Series A investment of $16.3 million led by Tiger Global Management, LLC, a New York investment firm. The financing will be used to fund Innovapptive’s continued global expansion and for further investment in its connected workforce platform. The new funding brings the company’s valuation to more than $65 million.Innovapptive’s connected workforce platform connects the industry worker, back office and company leadership to help customers minimize plant outages by reducing maintenance backlogs, improving inventory accuracy, workforce capacity and data accuracy. As a result, Innovapptive customers are growing their revenues and profitability.
Source: Innovapptive Raises $16.3 Million in Series A Funding, Led by Tiger Global Management