About Fincovi
Fincovi is an Energy & Utilities company based in Athlone (Ireland) founded in 2019, and was acquired by SkySpecs in May 2021. Asset performance, compliance, reporting, and financial management services are offered. Fincovi has raised $85.46 thousand across 1 funding round from investors including SkySpecs and NDRC. The company has 45 employees. Its Indian entity Fincovi Services India Private Limited reported revenue of ₹21.78 Cr. Fincovi offers products and services including Horizon BAM, Horizon CMS, Inspections, Blade Asset Management, and Performance Monitoring. Its focus areas include Energy, Wind Energy, Applications and Environment.
Company details
Fincovi was established in 2019 and is based in Athlone, Ireland. Operations focus on the financial services sector, where asset performance monitoring, compliance and reporting solutions, and financial management tools are delivered. These services support organizations in managing investments and regulatory requirements. The company operates through its domain fincovi.com, serving clients in the asset management industry across relevant geographies.
- Headquarters Athlone, Ireland
- Employees 45
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website fincovi.com
- Social LinkedIn Facebook Instagram YouTube
- Acquired by SkySpecs (May 2021)
- Legal Name Fincovi Services India Private Limited
- Date of Incorporation 05 Feb, 2020
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹21.78 Cr
FY 2025 · +36% YoY
- Indian entity net profit₹2.01 Cr
FY 2025 · 9% margin
- Indian entity EBITDA₹3.44 Cr
FY 2025 · 16% margin
- Total Equity Funding$85.46K (USD)
in 1 rounds
- Latest Funding Round$85.46K (USD), Seed
Jun 2019
- InvestorsSkySpecs
& 1 more
- Employee Count45
- Acquired bySkySpecs
(May 2021)
Associated legal entities of Fincovi
Fincovi operates through Fincovi Services India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fincovi Services India Private Limited CIN U72900TG2020FTC139008 | Active | 05 Feb 2020 | Hyderabad, Telangana | ₹21.8 Cr | 45 | 3 | View details |
Products & Services of Fincovi
Fincovi offers a comprehensive portfolio of products and services, including Horizon BAM, Horizon CMS, Inspections, Blade Asset Management, and Performance Monitoring.
Software for managing blade assets and prioritizing repairs.
Provides real-time alerts for early detection of turbine failures.
Autonomous drones for high-quality wind turbine data capture.
Offers insights for blade operations and maintenance strategies.
Automated analysis for turbine health and efficiency optimization.
Coordinates repairs and tracks vendor activities for quality control.
Delivers precise financial health analysis for energy projects.
Funding Insights of Fincovi
Fincovi has successfully raised a total of $85.46K through 1 strategic funding round. The most recent funding activity was a Seed round of $85.46 thousand completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $85,455
- Total Rounds 1
- Last Round Seed — $85,455
- First Round $85,455
(Jun 2019)
- Investors Count 1
All 1 funding rounds of Fincovi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $85,455 | Seed | – | NDRC | – |
2 investors in total: 2 institutional.
Investors in Fincovi
Fincovi has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SkySpecs and NDRC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups across sectors are accelerated by NDRC in Ireland. | ndrc.ie | Dublin, Ireland | ||
UAV solutions for inspecting hard-to-reach structures are provided. | 2012 | skyspecs.com | Ann Arbor, United States |
Investor details for Fincovi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Fincovi Services India Private Limited (Fincovi)
Fincovi Services India Private Limited is the primary company behind Fincovi. The board of Fincovi Services India Private Limited currently have 3 directors; the longest-serving is Raymond Joseph O Neill, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Raymond Joseph O Neill DIN 08691036 | Director | 05 Feb 2020 | 6 yrs 8 mo | Fincovi Services India Private Limited |
| John Hugh Harney DIN 08691037 | Director | 05 Feb 2020 | 6 yrs 8 mo | Fincovi Services India Private Limited |
| Jayesh Shah DIN 03009770 | Director | 05 Feb 2020 | 6 yrs 8 mo | Fincovi Services India Private Limited |
Financials of Fincovi
Figures of Fincovi Services India Private Limited, the primary company behind Fincovi, for FY 2025. Revenue was ₹21.78 Cr (+36% year on year). Net profit was ₹2.01 Cr (9% margin). EBITDA was ₹3.44 Cr (16% margin). Revenue has grown at a compounded annual rate of +53% over three years and +182% over five years.
- ₹21.78 CrRevenue · FY 2025 · +36% YoY
- ₹2.01 CrNet profit · 9% margin
- ₹3.44 CrEBITDA · 16% margin
- ₹1 LakhPaid-up capital
- 45Employees (provident fund records)
- +53%Revenue CAGR, 3 years
- +182%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fincovi Services India Private Limited are on its company page.
Detailed financial statements for Fincovi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Fincovi
3 dated milestones of Fincovi across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Fincovi is founded.
- Funding First funding round of $85K.
- Exit Acquired by SkySpecs.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Fincovi
Complete news archive for Fincovi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fincovi
Fincovi was founded in 2019.
Fincovi is headquartered in Athlone, Ireland.
Fincovi is a funded company, having raised a total of $85.46K across 1 funding round to date. The company's 1st funding round was a Seed of $85.46K, raised on Jun 2019.
Fincovi has 45 employees.
The primary company behind Fincovi, Fincovi Services India Private Limited, reported revenue of ₹21.78 Cr for FY 2025, up 36% year on year.
Fincovi was established in 2019 and is based in Athlone, Ireland. Operations focus on the financial services sector, where asset performance monitoring, compliance and reporting solutions, and financial management tools are delivered. These services support organizations in managing investments and regulatory requirements. The company operates through its domain fincovi.com, serving clients in the asset management industry across relevant geographies.
Fincovi offers Horizon BAM, Horizon CMS, Inspections, Blade Asset Management, and 3 more products and services.
Fincovi operates through Fincovi Services India Private Limited.
Yes. Fincovi was acquired by SkySpecs in May 2021.
The legal entities of Fincovi currently have 3 directors, including Raymond Joseph O Neill, John Hugh Harney, Jayesh Shah.