# Inova Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/inova-labs

- Industry: Medical Devices & Equipment
- Headquarters: Austin, US
- Website: www.inovalabs.com
- Total disclosed funding: $40M
- Latest round: Series C (Jun 6, 2014)
- Investors on record: 3

## About

Inova Labs Inc focuses on delivering innovative software solutions that enhance efficiency and data management for businesses, specifically in industries such as healthcare, logistics, and finance.Founded in 2002 in Austin, US, Inova Labs specializes in creating advanced software platforms aimed at improving operational efficiency. The company was recently involved in a significant acquisition when ResMed acquired it in January 2016. The founder's previous ventures are not disclosed. Inova Labs has successfully completed 6 deals to date, raising a total of USD 15.00 mn through its latest funding round, Series C, supported by investors including Three Arch Partners. The company has a current valuation of USD 57.896 mn.Inova Labs specializes in innovative solutions designed to enhance operational efficiency and data management across various industries. Their core product offerings include advanced software platforms that enable automated data processing and analysis, facilitating more informed decision-making for businesses. These tools are designed to address specific end-use cases such as streamlining supply chain operations and optimizing customer relationship management. Inova Labs serves a diverse clientele, including mid to large-sized enterprises in sectors such as healthcare, logistics, and finance, with a notable presence in markets including North America and Europe. The company’s solutions are engineered to integrate seamlessly into existing systems, providing users with real-time insights and improved operational capabilities.Inova Labs generates revenue primarily through a subscription-based model for its software solutions, establishing long-term partnerships with its clients. Transactions typically involve tiered pricing plans tailored to the specific needs of different customer segments, ensuring that businesses of varying sizes can benefit from their offerings. Clients subscribe to annual plans, which include access to updates and customer support, aligning with the firm’s commitment to continuous enhancement of their products. The company’s flagship software is designed to support B2B transactions, enabling companies to leverage Inova Labs’ technology for internal operations and client engagement. Overall, the revenue structure is designed to foster sustained growth and innovation within the industries they serve.Inova Labs is focused on developing new products aimed at expanding its offerings in operational efficiency solutions. The company is also targeting expansion into new geographic regions, particularly within Europe, by the end of 2024. The recent funding round will be utilized to support these initiatives, enhancing product development and market penetration efforts.

## Funding rounds

- Series C, Jun 6, 2014, $15M — Three Arch Partners
- Series C, May 21, 2013, $12M — Latterell Venture Partners, Three Arch Partners, Gilde Healthcare
- Series B, Nov 8, 2011, $3.1M — Latterell Venture Partners, Three Arch Partners, Gilde Healthcare
- Series A, May 20, 2010, $10M — Three Arch Partners

## Investors

- Three Arch Partners (https://capitalatlas.ai/funds/three-arch-partners) — Series A, Series B, Series C
- Latterell Venture Partners (https://capitalatlas.ai/funds/latterell-venture-partners) — Series B, Series C
- Gilde Healthcare (https://capitalatlas.ai/funds/gilde-healthcare) — Series B, Series C