Innovise

Innovise

Workforce management software for cleaning and security firms.

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DateInvestorsAmountRound

N/A

Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
GBP2016201720182019202020212022
Revenues0000000000000000000000000000
% growth13 %20 %1 %(7 %)---
EBITDA0000000000000000000000000000
% EBITDA margin12 %13 %10 %1 %---
Profit0000000000000000000000000000
% profit margin5 %5 %5 %(7 %)---
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Innovise
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Innovise PLC, founded in 2003 and headquartered in the United Kingdom, provides workforce management and service delivery software solutions tailored for the cleaning, security, and facilities management industries. The company's product suite is designed to manage business functions from pre-employment to invoicing and payroll. Key offerings include Timegate for workforce management, Servicetrac for service delivery management, and Risk Ready for loss prevention and risk management.

In January 2020, Innovise was acquired by TEAM Software, a U.S.-based technology provider for the same sectors, backed by the investment firm Accel-KKR. This acquisition created a global technology leader in the cleaning and security markets, with a combined customer base across five continents and over 750,000 end-users. The merger aimed to accelerate innovation and expand the companies' global footprint, with former Innovise CEO Mike Taylor expressing excitement about fulfilling strategic ambitions on a global scale. Following the acquisition, Innovise's products were integrated into the TEAM Software brand but remain available to markets in Europe, Ireland, and the Australasia region.

The company's software helps clients optimize productivity, manage risks, and reduce operational costs. For instance, Servicetrac provides visibility of field teams through real-time data capture and mobile audits, while Timegate streamlines scheduling and employee information management. Throughout its history, Innovise has grown through strategic acquisitions, including IT companies like Infrasolve, Abilitec, and Harbrook Consultants.

Keywords: workforce management, facilities management software, security contractor software, cleaning company software, service delivery management, risk management software, Timegate, Servicetrac, payroll software, employee scheduling, compliance management, back-office solutions, mobile workforce management, operational efficiency, cost reduction, business process automation, security guarding software

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Investments by Innovise

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Infrasolve
ACQUISITION by Innovise Jan 2009
Identifile Systems
ACQUISITION by Innovise Apr 2010
RapidHost
ACQUISITION by Innovise Jul 2009