# Innoship

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/innoship

- Industry: Software
- Headquarters: Râmnicu Vâlcea, Romania
- Website: www.innoship.io
- Total disclosed funding: $0.7M
- Latest round: Seed (Aug 5, 2020)
- Investors on record: 1

## About

Innoship is a technology company specializing in innovative software solutions that enhance operational efficiency and streamline logistics for various industries, primarily serving clients in North America and Europe.Innoship develops advanced logistics management software solutions. The company is headquartered in Râmnicu Vâlcea, Romania. It was co-founded by Andrei Paul, Dan Ungureanu, Daniel Nicolae, and Robert Tanase. The firm has raised EUR 0.560 mn in its latest funding round, Seed, led by GapMinder Venture Partners. In October 2022, Alsendo sp. z o.o., a portfolio company of Abris Capital Partners, acquired a majority stake in Innoship from GapMinder Venture Partners. Financial terms of the transaction were not disclosed.Innoship specializes in innovative technology solutions designed to enhance operational efficiency across various industries. Its core product offerings include advanced software platforms that streamline processes such as data management, customer relationship management, and supply chain optimization. These solutions address specific business challenges, including reducing operational costs and improving customer engagement. The company primarily serves small to medium-sized enterprises (SMEs) and large corporations in sectors such as retail, manufacturing, and logistics in North America and Europe.In the most recent year, Innoship reported revenue of EUR 1,346,046.20, with an EBITDA of EUR -308,906.70. The company's revenue model includes a combination of subscription-based services and direct sales of its software and hardware products, supported by long-term client relationships.Moving forward, Innoship aims to expand its offerings with new product launches designed to enhance its logistics solutions, with specific details on product release dates forthcoming. The company plans to target growth in Central Europe, bolstered by the recent acquisition which will enhance its market reach. The funding raised will support these initiatives, strengthening Innoship's position in the international market.

## Funding rounds

- Seed, Aug 5, 2020, $0.7M — GapMinder Venture Partners

## Investors

- GapMinder Venture Partners (https://capitalatlas.ai/funds/gapminder-venture-partners) — Seed