InnovatesApp
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InnovatesApp - overview
Established
2015
Location
Rome, -, Italy
Primary Industry
Business Support Services
About
Based in Italy, and founded in 2015, InnovatesApp operates as a data management company. In August 2022, DGS S. p. A.
, a portfolio company of H. I. G. Capital, acquired InnovatesApp srl.
As of 2022, the company’s CEO is Maurizio Russo. The services offered by the company include consulting services, business intelligence solutions, data management, IoT (internet-of-things) services, integration services, supply chain, customer engagement, people management, spend management, and more. As of 2022, the company's client base includes companies in the transportation, energy, utilities, manufacturing, retail, financial, and public sectors. Following the August 2022 acquisition, the company plans to help DGS S.
p. A enrich its offering portfolio with SAP skills and specializations that allow new cross-selling opportunities with blue-chip customers and further strengthen its presence in the main markets in which it operates.
Current Investors
DGS S.p.A.
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Internet, Application Integration Software, Analytics & Performance Software
Website
www.innovatesapp.com
Verticals
Artificial Intelligence, IoT (Internet of Things)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
InnovatesApp - timeline of key events
InnovatesApp - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 494,287 | 3,679,303 | 3,879,096 | 3,622,209 | 7,342,556 | 8,862,945 | 13,600,356 | - | - | - |
| % Revenue Growth (YoY) | - | 644.4% | 5.4% | (6.6%) | 102.7% | 20.7% | 53.5% | - | - | - |
| EBITDA (USD) | 15,806 | 635,663 | 595,937 | 343,170 | 450,856 | 393,667 | 1,258,262 | - | - | - |
| Operating Income (USD) | 12,670 | 628,842 | 586,570 | 333,370 | 433,861 | 293,266 | 906,225 | - | - | - |
| Operating Margin | 2.6% | 17.1% | 15.1% | 9.2% | 5.9% | 3.3% | 6.7% | - | - | - |
| % EBITDA Margin | 3.2% | 17.3% | 15.4% | 9.5% | 6.1% | 4.4% | 9.3% | - | - | - |
| NET Income (USD) | 7,459 | 371,851 | 382,050 | 269,133 | 312,177 | 165,439 | 505,334 | - | - | - |
| % Net Margin | 1.5% | 10.1% | 9.8% | 7.4% | 4.3% | 1.9% | 3.7% | - | - | - |
InnovatesApp - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | InnovatesApp | - |
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InnovatesApp - employee data
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