Zolve Innovations, Inc.

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.

Zolve Innovations, Inc. - overview

Established

2020

Location

Roseland, NJ, US

Primary Industry

Financial Services

About

Zolve Innovations, Inc. is an operational excellence company based in Houston, US, focusing on innovative solutions that enhance efficiency and user experience for businesses across various sectors. Founded in 2020 by Alex Klaff and Raghunandan G, Zolve Innovations, Inc. specializes in developing solutions that streamline operational workflows.


The company has executed six deals to date. Their latest funding round was a Series B investment led by Creaegis, raising USD 50. 75 mn and bringing the total amount raised to USD 50. 75 mn, with a current valuation of USD 163.


11 mn. Zolve Innovations, Inc. specializes in a variety of core products designed to tackle challenges faced by its clientele, which includes small to medium-sized enterprises (SMEs) and large corporations. Their offerings, including proprietary software solutions, aim to improve operational efficiency, enhance productivity, and boost customer engagement.


The company actively markets its solutions across North America, Europe, and parts of Asia, addressing the needs of industries such as technology, healthcare, and finance. In 2022, Zolve Innovations, Inc. reported a revenue of USD 6,832,730. 40, with an EBITDA of USD 70,119.


Their revenue model includes direct sales and subscription services, enabling clients to choose tailored licensing agreements or tiered subscription plans that best fit their needs. Zolve Innovations, Inc. plans to leverage recent funding to support the development of new products aligned with market trends, although specific launch dates are not mentioned. The company aims to expand into new geographic regions, specifically targeting additional markets in Asia by the end of 2024.


Recent funding from Sparta Group will be used to enhance product development and facilitate this expansion.


Current Investors

Accel, Lightspeed Venture Partners, Founder Collective

Primary Industry

Financial Services

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.zolve.com

Verticals

FinTech, FinTech, Mobile Apps

Company Stage

Series B

Total Amount Raised

Subscriber access only

Zolve Innovations, Inc. - financials

Fiscal Year EndedMar 31, 2021Mar 31, 2022Mar 31, 2023
Revenue (USD)---
% Revenue Growth (YoY)---
EBITDA (USD)---
Operating Income (USD)---
Operating Margin---
% EBITDA Margin---
NET Income (USD)---
% Net Margin---

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.