Innovapptive Receives $15M Credit Facility from Espresso Capital

Innovapptive, a Houston, TX-based provider of a platform that connects frontline maintenance workers and warehouse operations with back-office systems through mobile apps, raised $15M in Credit Facility.

The financing was provided by Espresso Capital.

The company intends to use financing to expand operations and its business reach.

Led by CEO Sundeep Ravande, Innovapptive is a digital transformation company offering a Connected Worker Platform that digitalizes the last mile of frontline workers into SAP and IBM Maximo technologies. The solution integrates GIS operational data and data from SAP and IBM Maximo solutions with work instructions, SOPs, and checklists, connecting the entire industrial workforce, machines, workflows, and executives to minimize plant outages and maximize margins.

The company is headquartered in Houston with offices in Australia and India.