About Innovative Systems
Innovative Systems is a company based in Mitchell (United States) founded in 1998 was acquired by GTCR in August 2025. It operates as a SaaS (Software-as-a-Service), and Managed Services. Innovative Systems has completed 1 acquisition, including Actifai. Innovative Systems offers products and services including eLation Platform, InnoStream Platform, APMax Platform, and GIS Mapping. Innovative Systems operates in a competitive market with competitors including Neusoft, Synchronoss, Cerillion, AsiaInfo and Iconectiv, among others.
- Headquarter Mitchell, United States
-
Sectors
Telecommunications
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Innovative Systems
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Alpine Investors
& 1 more
-
Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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
Products & Services of Innovative Systems
Innovative Systems offers a comprehensive portfolio of products and services, including eLation Platform, InnoStream Platform, APMax Platform, and GIS Mapping. 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.
Billing and operations are managed for broadband companies.
Video streaming services are provided for utility firms.
Voice connectivity solutions are offered to various clients.
Mapping tools are centralized for operational efficiency gains.
Unlock access to complete
Funding Insights of Innovative Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Innovative Systems
Innovative Systems has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Alpine Investors and GTCR Chicago Private Equity Firm. 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 |
|---|---|---|---|---|
|
Private equity investments emphasizing people's development and business growth.
|
Founded Year | Domain | Location | |
|
Private equity investments and firm management in Chicago.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Innovative Systems
Innovative Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Actifai. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
AI platform for broadband sales, retention, and upsell to ISPs worldwide.
|
2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Innovative Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Innovative Systems Comparisons
Competitors of Innovative Systems
Innovative Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Neusoft, Synchronoss, Cerillion, AsiaInfo and Iconectiv, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
IT solutions and services are provided to multiple industries.
|
|
| domain | founded_year | HQ Location |
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
|
|
| domain | founded_year | HQ Location |
Cloud-based billing and customer management solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
OSS/BSS and IT services are provided to the telecommunications sector.
|
|
| domain | founded_year | HQ Location |
Interconnection technology and clearinghouse solutions for telecom carriers are provided.
|
|
| domain | founded_year | HQ Location |
Billing and charging solutions are provided for telecommunications operators.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Innovative Systems
Frequently Asked Questions about Innovative Systems
When was Innovative Systems founded?
Innovative Systems was founded in 1998.
Where is Innovative Systems located?
Innovative Systems is headquartered in Mitchell, United States. It is registered at Mitchell, South Dakota, United States.
Who is the current CEO of Innovative Systems?
Roger Musick is the current CEO of Innovative Systems.
What does Innovative Systems do?
Innovative Systems is focused on delivering fully-integrated software platforms for billing, operations, video, and voice services. Solutions are tailored for telecommunications, cable operators, municipalities, and power utilities. The eLation platform is utilized for billing and subscriber management, while InnoStream supports video streaming and APMax enhances voice connectivity. GIS mapping tools are provided to automate design and construction processes. Operations are centralized to improve efficiency across various sectors, ensuring connectivity and support for diverse customer bases.
Who are the top competitors of Innovative Systems?
What products or services does Innovative Systems offer?
Innovative Systems offers eLation Platform, InnoStream Platform, APMax Platform, and GIS Mapping.
How many acquisitions has Innovative Systems made?
Innovative Systems has made 1 acquisition, including Actifai.
Who are Innovative Systems's investors?
Innovative Systems has 2 investors. Key investors include Alpine Investors, and GTCR Chicago Private Equity Firm.