Innoveo Skye
by Innoveo
by Innoveo
Profile Information Last updated on: 27 August 2024
Profile Information Last updated on: 27 August 2024
We help make selecting a software for your business effortless, economical and efficient.
by Innoveo
by Innoveo
Profile Information Last updated on: 27 August 2024
Profile Information Last updated on: 27 August 2024
Innoveo is a global technology firm known for its no-code platform, Innoveo Skye®. This platform enables enterprises to develop applications rapidly without writing code, thus accelerating digital transformation across various industries such as insurance, financial services, healthcare, and real estate.
Innoveo has been a front-runner in no-code technology for over a decade. It was acquired by iSource and Everstone Capital in 2018, which marked a significant turning point for the company. Since then, Innoveo has matured into a lean organization, delivering multiple enterprise solutions to Tier 1 insurance carriers and expanding its customer base significantly.
In 2021, Innoveo completed a $15 million Series A funding round. This investment was led by Paulson & Co. Inc. and an affiliate fund of Michael E. Tennenbaum, joining Everstone Capital as shareholders. The funding is primarily used to expand the sales team, enhance marketing activities, and further develop the platform's capabilities.
Innoveo's flagship product, Innoveo Skye®, is a no-code platform that allows enterprises to modernize legacy systems, automate processes, and expedite application development. The platform includes features such as APIs, code templates, reusable plug-in modules, and accelerators, which significantly improve productivity and reduce resource requirements. Recent updates, such as Innoveo Skye 9.0, have enhanced scalability, security, and user experience, adding tools for UI development, accessibility, and advanced security measures.
Innoveo has expanded its product offerings with new solutions like Innoveo eBro and Innoveo Cyber. These expansions are part of the company's strategy to address the needs of various industries and enhance its platform's capabilities.
The latest version of Innoveo Skye includes enhancements such as improved UI development tools, an accessibility toolbar, and advanced security features like OAuth integration and virus protection. The platform also supports parallel service invocation and uses AWS S3 for document storage to ensure scalability and performance.
Innoveo emphasizes values such as integrity, collaboration, inclusion, quality, innovation, agility, and customer success. The company fosters a culture of transparency, teamwork, and continuous improvement, aiming to deliver high-quality solutions and exceptional customer experiences.
Innoveo serves over 30 enterprises globally, including major companies like Zurich Insurance, Allianz, and Chubb. The platform has delivered more than 500 applications and processed over $1 billion in transactions. Innoveo's user community benefits from the platform's ability to accelerate digital transformation and improve business processes across multiple industries.
By Innoveo