INNOVU Group Holding Company Ltd.

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INNOVU Group Holding Company Ltd. - overview

Location

Dublin, -, Ireland

Primary Industry

Insurance

About

INNOVU Group Holding Company Ltd. is a data analytics and technology solutions provider, focused on enhancing business decision-making through advanced data integration and visualization tools for a diverse range of sectors. INNOVU Group specializes in data analytics and technology solutions aimed at optimizing decision-making processes for businesses. The company is headquartered in Dublin, Ireland.


Founded by industry experts, INNOVU has made two deals to date. MML Growth Capital Partners has acquired INNOVU Group Holding Company Ltd. , though financial terms of the transaction were not disclosed. INNOVU Group specializes in providing advanced data analytics and technology solutions designed to enhance decision-making processes for businesses across various sectors.


Their core offerings include comprehensive data integration and visualization tools that enable clients to efficiently harness large volumes of data. These products address complex problems related to data management, operational efficiency, and strategic planning, primarily catering to industries such as healthcare, finance, and retail. The company has positioned its solutions in the North American and European markets, responding to the growing demand for innovative data solutions in these regions. INNOVU Group reported revenue of USD 10.


98 mn for the most recent year, 2021. The company's revenue model is based on a combination of subscription services and direct B2B transactions, establishing multi-year partnerships with clients that include ongoing software support and updates. Pricing plans are customized to meet the specific needs of clients, incorporating tiered subscriptions that grant varying levels of access to premium features. The flagship products serve as the foundation for client relationships, allowing seamless integration of INNOVU Group's technology into existing business frameworks.


This structured approach helps address the evolving needs of clients and emphasizes customer satisfaction and retention. INNOVU Group plans to leverage its recent acquisition by MML Growth Capital Partners to expand its product offerings and market presence. The company aims to launch new data analytics tools tailored for specific industries, with anticipated release dates set for the upcoming fiscal year. Additionally, INNOVU is targeting expansion into the Asian markets, focusing on countries such as Singapore and Japan by 2024.


The funds obtained from the acquisition will support these growth initiatives, enhancing product development and facilitating entry into new geographic regions.


Primary Industry

Insurance

Sub Industries

Personal Insurance, Insurance Intermediaries, Commercial Insurance

Website

www.innovugroup.ie

Company Stage

Acquired

Total Amount Raised

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INNOVU Group Holding Company Ltd. - timeline of key events

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INNOVU Group Holding Company Ltd. - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)7,908,7719,280,799---
% Revenue Growth (YoY)-17.3%---
EBITDA (USD)1,579,9051,650,884---
Operating Income (USD)(69,691)(505,526)---
Operating Margin(0.9%)(5.4%)---
% EBITDA Margin20.0%17.8%---
NET Income (USD)(1,257,771)(2,378,336)---
% Net Margin(15.9%)(25.6%)---

INNOVU Group Holding Company Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
LP Direct, Trade SaleCompletedINNOVU Group Holding Company Ltd.-
Add-onCompletedP.E. Kelly Insurances Ltd.-
Add-onCompletedWilliam Cullen & Sons Ltd.-
Add-onCompletedGoggin Insurance-
Add-onCompletedWexford Insurance-

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INNOVU Group Holding Company Ltd. - employee data

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