Innoveo

Zurich, Switzerland Founded: 2007 • Age: 19 yrs Acquired By Tinubu
A no-code platform is offered for insurance product development.
Annual revenue - Latest available
Total funding $15.0M 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 6 Services tracked
Competitors 10 Brand Intelligence

About Innoveo

Innoveo is a company based in Zurich (Switzerland) founded in 2007 by Nick Stefania was acquired by Tinubu in April 2025. Innoveo has raised $15 million across 1 funding round from investors including Tinubu, Servion and Everstone Capital. Innoveo offers products and services including Specialty A&H Underwriting, Excess & Surplus Underwriting, Cyber Underwriting, Specialty Lines Policy Administration, and Specialty Claims. Innoveo operates in a competitive market with competitors including Appian, Bubble, OutSystems, AppSheet and Crowdbotics, among others.

  • Headquarter Zurich, Switzerland
  • Founders Nick Stefania
  • Sectors
    Financial Services
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Innoveo Ag
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $15 M (USD)

    in 1 rounds

  • Latest Funding Round
    $15 M (USD), Series A

    Apr 20, 2021

  • Investors
    Tinubu

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Tinubu

    & 2 more

    (Apr 24, 2025)

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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 Innoveo

Innoveo offers a comprehensive portfolio of products and services, including Specialty A&H Underwriting, Excess & Surplus Underwriting, Cyber Underwriting, Specialty Lines Policy Administration, and Specialty Claims.

Product name locked
Category locked
Primary

Automates accident and health insurance underwriting workflows.

Product name locked
Category locked
Locked

Manages excess and surplus lines for insurance risk assessment.

Product name locked
Category locked
Locked

Handles cybersecurity insurance underwriting and risk evaluation.

Product name locked
Category locked
Locked

Administers policies for specialty insurance lines efficiently.

Product name locked
Category locked
Locked

Processes insurance claims with workflow automation tools.

Product name locked
Category locked
Locked

Enables rapid development of insurance applications and workflows.

People of Innoveo

Headcount 50-200
Employee Profiles 32
Board Members and Advisors 4
Employee Profiles
People
Manisha Bhargava
CRO
People
Chirag Saraogi
System Analyst
People
Olivér Simon
System Analyst
People
Bojan Kalan
Head Of Product Development

Unlock access to complete

Board Members and Advisors
people
Sandeep Singh
Board Member
people
Rob Mcginnis
Chairman
people
Amir Ghaffar
Executive Vice Chairman

Unlock access to complete

Funding Insights of Innoveo

Innoveo has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series A round of $15 million completed in April 2021. 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.

Investors in Innoveo

Innoveo has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Tinubu, Servion and Everstone Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments in mid-market businesses linked to India and Southeast Asia.
Locked Locked Locked
Limited information is provided about Paulson & Co., Inc.
Locked Locked Locked
Cloud-based software solutions for credit insurers, surety bonds & trade finance
Locked Locked Locked
Premium access

Investor details for Innoveo

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Innoveo

Investments
Premium access

Investment portfolio details for Innoveo

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Innoveo

Premium access

Detailed financials for Innoveo

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Innoveo Comparisons

Innoveo Primary company
Description
A no-code platform is offered for insurance product developm...
Location
Zurich, Switzerland
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Innoveo

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Innoveo

Innoveo 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 Appian, Bubble, OutSystems, AppSheet and Crowdbotics, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based low-code platform enables application development and automation.
Locked Locked Locked
Cloud-based no-code platform for web application development is utilized.
Locked Locked Locked
Low-code platform enables application development and deployment without coding.
Locked Locked Locked
Mobile apps are built automatically from spreadsheets without coding.
Locked Locked Locked
Low-code platform is utilized for application development and scaling.
Locked Locked Locked
AI-powered low-code platform for application development is provided.
Premium access

Detailed competitors of Innoveo

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Innoveo

Premium access

Complete news archive for Innoveo

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 Innoveo

Innoveo was founded in 2007 and raised its 1st funding round 14 years after it was founded.

Innoveo is headquartered in Zurich, Switzerland.

Amir Ghaffar is the current CEO of Innoveo.

Innoveo is a funded company, having raised a total of $15M across 1 funding round to date.

Innoveo was founded in 2007 and is based in Zurich, Switzerland. Operations focus on the insurance sector, where the Innoveo Skye platform is provided as a no-code tool. Insurers are enabled to build and market solutions for personal and commercial lines. Services include product bundling, underwriting, rating, and on-demand insurance options. The company is led by co-founder and COO Nick Stefania, alongside CEO and President Amir Ghaffar.

Innoveo's top competitors include Appian, Bubble and OutSystems.

Innoveo offers Specialty A&H Underwriting, Excess & Surplus Underwriting, Cyber Underwriting, Specialty Lines Policy Administration, and 2 more products and services.

Innoveo has 5 investors. Key investors include Tinubu, Servion, Everstone Capital, Pactera, and Paulson & Co.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available