innocv
Custom software and digital transformation solutions provider.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | €5.0m | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 11 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | 8 % | 13 % |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Innocv Solutions is a technology consulting firm specializing in accelerating the digital growth of companies through custom software development, systems integration, and process optimization. Founded in 2012 by José Morales, Diego Escalada, Federico Muñoz, and Serafin Marques, the Madrid-based company aims to solve complex business challenges with technological solutions. For three consecutive years (2019-2021), the Financial Times recognized it as one of Europe's fastest-growing companies.
The firm's business model is centered on providing bespoke technology services to clients of various sizes and sectors, including notable names like Bankinter, Repsol, and Grupo Día. It operates through three main service areas: software development, offering dedicated teams or turnkey projects for mobile apps and web portals; infrastructure, focusing on system integrations (CRM, ERP), cloud migrations, and new technologies; and operational excellence, which includes process optimization using platforms like Celonis and developing supply chain solutions. On July 19, 2022, Innocv was acquired by Alkemy, an Italian company specializing in business model evolution, for approximately $5.07 million. This acquisition was a strategic move to strengthen Alkemy's presence in Spain and enhance its capabilities in data analytics and technology. Innocv is also a Microsoft Gold Partner.
The company's core services include the development of mobile applications for field services, web development, custom backend solutions, and cloud architecture. It leverages its expertise in data-driven strategies and advanced tools to drive digital transformation and operational efficiency for its clients. The business serves a diverse market, including consulting, technology services, data analytics, artificial intelligence, and process optimization.
Keywords: digital transformation, custom software development, technology consulting, systems integration, mobile application development, cloud migration, operational excellence, process optimization, data analytics, IT services, web portals, enterprise solutions, supply chain solutions, Celonis, Microsoft Gold Partner, Alkemy, tech consulting, business process enhancement