Innoviti Overview
- Year Founded
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2002
- Status
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Private
- Employees
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650
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$11.4M
- Investors
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21
Innoviti General Information
Description
Developer of a digital commerce platform designed to facilitate secure payment processing operations. The company's platform offers differentiated products for diverse merchant needs like payment automation, consumer credit distribution and lending, enabling merchants to receive payments across channels, including online and on mobile, in-store and at the time of the delivery of the product.
Contact Information
Website
www.innoviti.comCorporate Office
- Tower C, 2nd Floor, Diamond District
- Old Airport Road, Kodihalli, Domlur
- Bangalore, Karnataka 560008
- India
Corporate Office
- Tower C, 2nd Floor, Diamond District
- Old Airport Road, Kodihalli, Domlur
- Bangalore, Karnataka 560008
- India
Innoviti Timeline
Innoviti Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Later Stage VC | 28-Feb-2026 | $11.4M | Completed | Generating Revenue | ||
| 13. Later Stage VC (Series E) | 01-Aug-2024 | Completed | Generating Revenue | |||
| 12. Debt - General | 11-Nov-2022 | Completed | Generating Revenue | |||
| 11. Debt - General | 25-Sep-2022 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series D) | 28-Jun-2022 | Completed | Generating Revenue | |||
| 9. Later Stage VC | 02-Dec-2021 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series C) | 09-Jun-2020 | Completed | Generating Revenue | |||
| 7. Debt - General | 12-Feb-2020 | Completed | Generating Revenue | |||
| 6. Debt - General | 15-Mar-2019 | $11.3M | $15.3M | Completed | Generating Revenue | |
| 5. Later Stage VC (Series B) | 07-Jul-2017 | $18.6M | $3.98M | Completed | Generating Revenue |
Innoviti Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series M CCPS | ||||||||
| Series M CCPS | ||||||||
| Ordinary | ||||||||
| Preference | ||||||||
| Ordinary | ||||||||
| Preference | ||||||||
| Ordinary | ||||||||
| Preference | ||||||||
| CCPS | 137,852 | $0.121104 | $2.99 | $2.99 | 1x | $2.99 | 0.46% | |
| CCCPS | 4,882 | $1.100944 | $15.22 | $15.22 | 1x | $15.22 | 0.02% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Innoviti Comparisons
Industry
Financing
Details
Innoviti Competitors (42)
One of Innoviti’s 42 competitors is MerchantE, a Formerly PE-Backed company based in Alpharetta, GA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MerchantE | Formerly PE-Backed | Alpharetta, GA | ||||
| Mosambee | Formerly PE-Backed | Mumbai, India | ||||
| Juspay | Venture Capital-Backed | Bengaluru, India | ||||
| Airpay Payment Services | Formerly VC-backed | Mumbai, India | ||||
| SignetPay | Accelerator/Incubator Backed | Gurgaon, India |
Innoviti Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Innoviti Patents
Innoviti Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230316256-A1 | Method and system for enabling communication between electronic devices using a printer application | Pending | 11-Aug-2020 | ||
| WO-2022034516-A1 | Method and system for enabling communication between electronic devices using a printer application | Inactive | 11-Aug-2020 | ||
| US-12314926-B2 | Method and printer driver unit for performing transaction by automatically transmitting data to edc terminal | Active | 26-Apr-2020 | ||
| US-20230123966-A1 | Method and printer driver unit for performing transaction by automatically transmitting data to edc terminal | Active | 26-Apr-2020 | ||
| WO-2021220135-A1 | Method and printer driver unit for performing transaction by automatically transmitting data to edc terminal | Inactive | 26-Apr-2020 | G06Q20/209 |
Innoviti Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Innoviti Investors (21)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| DEVI Group | Real Estate | Minority | ||
| Pivot Ventures | Venture Capital | Minority | ||
| Random Walk Solutions | Corporation | Minority |
Innoviti Acquisitions (1)
Innoviti’s most recent deal was a Merger/Acquisition with xGrow. The deal was made on 02-Jul-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| xGrow | 02-Jul-2021 | Merger/Acquisition | Media and Information Services (B2B) |
Innoviti FAQs
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When was Innoviti founded?
Innoviti was founded in 2002.
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Where is Innoviti headquartered?
Innoviti is headquartered in Bangalore, India.
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What is the size of Innoviti?
Innoviti has 650 total employees.
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What industry is Innoviti in?
Innoviti’s primary industry is Financial Software.
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Is Innoviti a private or public company?
Innoviti is a Private company.
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What is the current valuation of Innoviti?
The current valuation of Innoviti is .
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What is Innoviti’s current revenue?
The current revenue for Innoviti is .
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How much funding has Innoviti raised over time?
Innoviti has raised $106M.
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Who are Innoviti’s investors?
, , DEVI Group, Pivot Ventures, and Random Walk Solutions are 5 of 21 investors who have invested in Innoviti.
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Who are Innoviti’s competitors?
MerchantE, Mosambee, Juspay, Airpay Payment Services, and SignetPay are some of the 42 competitors of Innoviti.
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