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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.
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Founded Year
2006
Location
Burnaby, Canada
Stage
Acquired
Ranked
Employee Count
143 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Solifi (Sep 01, 2026)

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

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Inovatec Systems' employee count trend

Inovatec Systems has 143 employees as of Sep 26. Here is Inovatec Systems's employee count trend over the years:
Employee count trend for Inovatec Systems
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for FinBox
FinBox
2015, Bengaluru (India), Series B
Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending
$51.1M
70/100
2nd
Logo for Setpoint
Setpoint
2021, Austin (United States), Series B
Provider of software for managing debt facilities and securitized products
$94.8M
67/100
3rd
Logo for OPLinnovate
OPLinnovate
2015, Ahmedabad (India), Series B
White label solutions for financial institutions
$14.2M
67/100
4th
Logo for nCino
nCino
2011, Wilmington (United States), Public
Provider of a platform for digitizing and reengineering financial service processes
$222M
67/100
5th
Logo for Peach Finance
Peach Finance
2018, Oakland (United States), Acquired
Software for loan life cycle management
$35.8M
65/100
6th
Logo for Perfios
Perfios
2008, Bengaluru (India), Series D
Provider of AI-driven platform for financial analysis, verification, and decisioning
$435M
64/100
7th
Logo for Linedata
Linedata
1998, Neuilly sur seine (France), Public
Provider of software, data, analytics, and related services for financial institutions
-
63/100
8th
Logo for Finley
Finley
2021, San Francisco (United States), Acquired
Software-based credit cycle management solutions for businesses
$20.1M
63/100
9th
Logo for Fuse
Fuse
2011, New York City (United States), Series A
Loan origination solutions for banks and lenders
$30.9M
62/100
10th
Logo for MeridianLink
MeridianLink
1998, Costa Mesa (United States), Acquired
Loan life cycle management systems for lenders and financial institutions
-
62/100
45th
Logo for Inovatec Systems
Inovatec Systems
2006, Burnaby (Canada), Acquired
Provider of a cloud based software solutions for automotive and equipment finance
-
-
49/100
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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

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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.
•
Inovatec Achieves ISO/IEC CertificationsAccess Newswire•Dec 10, 2025•Inovatec Systems
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Inovatec Achieves Iso/iec CertificationsWebDisclosure•Dec 17, 2024•Inovatec Systems
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Gestalt Tech Announces Integration with InovatecBusiness Wire•Aug 10, 2023•Gestalttech, Inovatec Systems
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