Innoveo
Latest round
- Series A
Last raised
- Apr 2021
Total raised
- $15M
Investors
- 2
About Innoveo
Founded in 2007, Innoveo AG is headquartered in Zurich, Switzerland, and specializes in providing tailored solutions for the insurance sector.Innoveo specializes in providing configurable SaaS solutions tailored for the insurance industry, enabling carriers to enhance their operational efficiency and accelerate innovation. The company's core offerings include intelligent automation tools that facilitate collaborative underwriting, policy administration, and claims processing. These solutions leverage AI-powered data extraction and real-time integrations to streamline decision-making and enhance user experience. Innoveo serves a diverse clientele that includes over 30 global and regional insurance enterprises, focusing on key markets such as North America, Europe, and Asia.Innoveo's revenue model is primarily based on subscriptions and partnerships with insurance enterprises, which utilize its proprietary platform to manage their workflows efficiently. Clients subscribe to Innoveo's services to gain access to its suite of modular components and pre-built accelerators designed for rapid deployment and customization. The flagship product, Innoveo Skye®, plays a crucial role in this ecosystem, enabling clients to launch new insurance products and services swiftly.In April 2025, Tinubu Square SAS, a portfolio company of Weber Investissement, Fonds Stratégique d'Investissement, Bpifrance, and Long Arc Capital, agreed to acquire Innoveo AG from Everstone Capital Partners and Paulson & Co. The acquisition aims to expand Tinubu Square SAS's capabilities and accelerate its growth.
Who invested in Innoveo
2 investors across 1 round
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Funding rounds
Series A
Apr 20, 2021
Amount
$15M
Investors
Questions about Innoveo
Who invested in Innoveo?
Innoveo has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Innoveo raised?
Innoveo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Innoveo last raise money?
Innoveo's most recent round on record is a Series A, in Apr 2021.
What does Innoveo do?
Founded in 2007, Innoveo AG is headquartered in Zurich, Switzerland, and specializes in providing tailored solutions for the insurance sector.
Where is Innoveo headquartered?
Innoveo is headquartered in Zurich, Switzerland.
Which VCs invest in companies like Innoveo?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Innoveo's stage. Their profiles are linked below.
VCs backing software startups at Series A
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