About Fincovi
Fincovi is a company based in Athlone (Ireland) founded in 2019 was acquired by SkySpecs in May 2021.. Fincovi has raised $85.46 thousand across 1 funding round from investors including SkySpecs and NDRC. The company has 45 employees as of April 03, 2024. Fincovi offers products and services including Horizon BAM, Horizon CMS, Inspections, Blade Asset Management, and Performance Monitoring.
- Headquarter Athlone, Ireland
- Employees 45 as on 03 Apr, 2024
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Fincovi Services India Private Limited
- Date of Incorporation 05 Feb, 2020
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$1.53 M (USD)110.04as on Mar 31, 2023
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Net Profit
$165.62 K (USD)109.83as on Mar 31, 2023
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EBITDA
$234.34 K (USD)111.95as on Mar 31, 2023
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Total Equity Funding
$85.46 K (USD)
in 1 rounds
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Latest Funding Round
$85.46 K (USD), Seed
Jun 24, 2019
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Investors
SkySpecs
& 1 more
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Employee Count
45
as on Apr 03, 2024
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Acquired by
SkySpecs
(May 17, 2021)
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 1
- Last Round Seed — $85,455
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First Round
First Round
(24 Jun 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Seed - Fincovi | Valuation | NDRC |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fincovi
Fincovi has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SkySpecs and NDRC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups across sectors are accelerated by NDRC in Ireland.
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Founded Year | Domain | Location | |
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UAV solutions for inspecting hard-to-reach structures are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fincovi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fincovi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fincovi Comparisons
Competitors of Fincovi
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fincovi
Frequently Asked Questions about Fincovi
When was Fincovi founded?
Fincovi was founded in 2019.
Where is Fincovi located?
Fincovi is headquartered in Athlone, Ireland.
Is Fincovi a funded company?
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 24, 2019.
How many employees does Fincovi have?
As of Apr 03, 2024, the latest employee count at Fincovi is 45.
What is the annual revenue of Fincovi?
Annual revenue of Fincovi is $1.53M as on Mar 31, 2023.
What does Fincovi do?
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.
What products or services does Fincovi offer?
Fincovi offers Horizon BAM, Horizon CMS, Inspections, Blade Asset Management, and 3 more products and services.