iVolve Pty Ltd

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

iVolve Pty Ltd - overview

Established

1995

Location

South Brisbane, QLD, Australia

Primary Industry

Software

About

Based in Queensland, Australia, and founded in 1995, iVolve Pty Ltd engages in the provision and development of process control and fleet management systems (FMS). Some of the firm’s clients are THIESS, Downer, Peabody Energy, etc. In December 2023, the firm was acquired by Komatsu. iVolve, as of December 2023, is led by its founders, Kim Parascos (CEO) and David Eagles (CTO).


The company offers FMS solutions and hardware systems for transforming real-time machine data into insights for the mining sector. iVolve’s flagship product, Mine4D, focuses on enhancing operational efficiency related to production, vehicle maintenance, guidance, and safety for the operations and planning of mine and quarry operators and contractors. This technology empowers clients to boost productivity, reduce costs, and minimize operational risks. The other products offered by the company include Production Management solutions, iVolve Mine4D Production, to reach and exceed production targets through optimizing truck loading and circuit operations, adjusting truck path and timing, improving labor efficiencies, etc.


The other products include Maintenance Management solution, iVolve Mine4D Maintenance™, Mine4D Perform™, Mine4D Tyre™, and Mine4D Road™ to identify vehicle issues, monitor and manage machine abuse, overloading, etc. as well as  Safety Management Modules such as Proximiti™, to provide visibility of surroundings to operators, alerts for keep out zones and speed limits, etc. The December 2023 acquisition will support iVolve to globally expand its market presence and further develop its offerings.


Current Investors

Primary Industry

Software

Sub Industries

Hardware, Analytics & Performance Software, Logistics Software

Website

www.ivolve.com

Verticals

Big Data, Cloud Computing

Total Amount Raised

Subscriber access only

iVolve Pty 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 DirectCompletediVolve Pty Ltd-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.