Inovatec Systems - About the company
Inovatec Systems is an acquired company based in Burnaby (Canada), founded in 2006. It operates as a Provider of a cloud based software solutions for automotive and equipment finance. The company has 714 active competitors, including 94 funded and 53 that have exited. Its top competitors include companies like FinBox, Setpoint and OPLinnovate.
Company Details
Provider of a cloud based software solutions for automotive and equipment finance. It provides users with end-to-end software solutions for process automation tailored to the needs of the automotive and equipment industry. The products can also be integrated with existing software to improve performance.
- Website
- www.inovatec.com/
Inovatec Systems's acquisition details
Inovatec Systems got acquired by Solifi on Sep 01, 2026.
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Inovatec Systems's funding and investors
Inovatec Systems has not raised any funding rounds yet.
Inovatec Systems' founders and board of directors
Founder? Claim ProfileInovatec Systems' employee count trend
Inovatec Systems has 143 employees as of Sep 26. Here is Inovatec Systems's employee count trend over the years:
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Inovatec Systems's Competitors and alternates
Top competitors of Inovatec Systems include FinBox, Setpoint and OPLinnovate. Here is the list of Top 10 competitors of Inovatec Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending | $51.1M | 70/100 | ||
2nd | Setpoint 2021, Austin (United States), Series B | Provider of software for managing debt facilities and securitized products | $94.8M | 67/100 | |
3rd | OPLinnovate 2015, Ahmedabad (India), Series B | White label solutions for financial institutions | $14.2M | 67/100 | |
4th | nCino 2011, Wilmington (United States), Public | Provider of a platform for digitizing and reengineering financial service processes | $222M | 67/100 | |
5th | Peach Finance 2018, Oakland (United States), Acquired | Software for loan life cycle management | $35.8M | 65/100 | |
6th | Provider of AI-driven platform for financial analysis, verification, and decisioning | $435M | 64/100 | ||
7th | Provider of software, data, analytics, and related services for financial institutions | - | 63/100 | ||
8th | Finley 2021, San Francisco (United States), Acquired | Software-based credit cycle management solutions for businesses | $20.1M | 63/100 | |
9th | Fuse 2011, New York City (United States), Series A | Loan origination solutions for banks and lenders | $30.9M | 62/100 | |
10th | MeridianLink 1998, Costa Mesa (United States), Acquired | Loan life cycle management systems for lenders and financial institutions | - | 62/100 | |
45th | Inovatec Systems 2006, Burnaby (Canada), Acquired | Provider of a cloud based software solutions for automotive and equipment finance | - | - | 49/100 |
Looking for more details on Inovatec Systems's competitors? Click here to see the top ones
Inovatec Systems's Investments and acquisitions
Inovatec Systems has made no investments or acquisitions yet.
Reports related to Inovatec Systems
Here is the latest report on Inovatec Systems's sector:
News related to Inovatec Systems
Media has covered Inovatec Systems for a total of 6 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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Inovatec by Solifi and RouteOne partner to enhance digital retailing for vehicle purchasesCNW•Sep 23, 2026•Inovatec Systems, RouteOne, Solifi
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Solifi acquires Inovatec to expand its platform for automotive and specialty financeCNW•Sep 01, 2026•Inovatec Systems, Solifi
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Inovatec to Demonstrate Advanced Loan Origination Technology at AFSA Vehicle Finance Conference 2026Access Newswire•Jan 27, 2026•Inovatec Systems
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Inovatec to Showcase Industry-Leading Funding Automation Technology at Auto Finance Summit 2025Access Newswire•Oct 07, 2025•Inovatec Systems
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Inovatec to Showcase Automated Lending Solutions at AFSA Vehicle Finance ConferenceWebDisclosure•Jan 07, 2025•Inovatec Systems
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Inovatec to Exhibit Market-Leading Automated Lending Solutions at the 2023 Auto Finance SummitACCESSWIRE•Oct 16, 2023•Inovatec Systems
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Inovatec Signs Partnership Agreement with VeriFast to Offer Income and Identity Verification Services to LendersACCESSWIRE•Sep 06, 2023•Inovatec Systems, VeriFast
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Gestalt Tech Announces Integration with InovatecBusiness Wire•Aug 10, 2023•Gestalttech, Inovatec Systems
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