{"id":6881,"date":"2019-06-24T16:08:39","date_gmt":"2019-06-24T16:08:39","guid":{"rendered":"https:\/\/insights.invyo.io\/europe\/?p=6881"},"modified":"2019-06-24T16:20:54","modified_gmt":"2019-06-24T16:20:54","slug":"weekly-fintech-radar-ivaluas-id-fresh-funding-product-launch-and-other-news","status":"publish","type":"post","link":"https:\/\/insights.invyo.io\/europe\/industries\/finance\/service-to-finance\/weekly-fintech-radar-ivaluas-id-fresh-funding-product-launch-and-other-news\/","title":{"rendered":"Weekly Fintech Radar: Ivalua\u2019s ID, fresh funding, product launch and other news"},"content":{"rendered":"<p><b>Our platform Invyo Analytics daily tracks thousands of start-ups worldwide and allows corporates to automatically monitor market trends and opportunities.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">This week, our tool caught Ivalua on its radar mainly because of its a big fresh funding round and its new unicorn status:<\/span><\/p>\n<hr \/>\n<h3 style=\"text-align: center;\"><b>Access more data in Fintech<\/b><\/h3>\n<p style=\"text-align: center;\"><span style=\"color: #339966;\"><a style=\"color: #339966;\" href=\"https:\/\/analytics.invyo.io\/subscribe.php#step-1\" class=\"broken_link\"><b>Register here for FREE<\/b><\/a><\/span><\/p>\n<hr \/>\n<h3><span style=\"font-weight: 400;\">&#x1f31f;\u00a0<\/span><strong><span style=\"color: #339966;\"><span style=\"color: #000000;\">Who is <a href=\"http:\/\/www.ivalua.com\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"broken_link\">Ivalua<\/a>, the low-profile french fintech<\/span><\/span><\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Established in France in 2000s and headquartered in Redwood City, USA, Ivalua is a leading cloud-based Procurement Empowerment Platform. It acquired DirectWorks in 2017.<\/span><\/p>\n<h3><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-6884\" src=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/06\/XVM609b809a-7c5e-11e9-a7a7-3288283b688c.jpg\" alt=\"\" width=\"927\" height=\"442\" srcset=\"https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/06\/XVM609b809a-7c5e-11e9-a7a7-3288283b688c.jpg 927w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/06\/XVM609b809a-7c5e-11e9-a7a7-3288283b688c-300x143.jpg 300w, https:\/\/insights.invyo.io\/europe\/wp-content\/uploads\/2019\/06\/XVM609b809a-7c5e-11e9-a7a7-3288283b688c-768x366.jpg 768w\" sizes=\"(max-width: 927px) 100vw, 927px\" \/><\/h3>\n<h3><span style=\"font-weight: 400;\">&#x1f31f;<strong> Key numbers<\/strong> <\/span><\/h3>\n<p><span style=\"font-weight: 400;\">+98%: retention rate<\/span><\/p>\n<p><span style=\"font-weight: 400;\">$100 million: expected revenue for 2019<\/span><\/p>\n<p><span style=\"font-weight: 400;\">$1 Billion: current valuation of Ivalua<\/span><\/p>\n<p><span style=\"font-weight: 400;\">+$500 Billion: managed in direct and indirect spendings<\/span><\/p>\n<p><span style=\"font-weight: 400;\">+300 leading companies: part of Ivalua\u2019s client base<\/span><\/p>\n<h3>&#x1f31f; <strong>Company&#8217;s latest news<\/strong><\/h3>\n<h4><span style=\"font-weight: 400; color: #339966;\">News #1: Latest Fundraising<\/span><\/h4>\n<p><b><span style=\"font-weight: 400;\">On May 21, 2019, <\/span><span style=\"font-weight: 400;\">the firm raised $60M to speed up its growth. The fundraising leads the fintech to a <\/span>valuation of around $1 billion<\/b><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p>Investment was led by Tiger Global Management, other important stakeholders are Ardian Growth and KKR. Ivalua plans to strengthen its R&amp;D activities, expand globally and grasp potential external growth opportunities.<\/p>\n<h4><span style=\"font-weight: 400; color: #339966;\">News #2: New product launch<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">On June 11, 2019, Ivalua launched a new offer: a pre-packaged suite of solutions dedicated to states and local governments. <\/span><span style=\"font-weight: 400;\">Those programs combine private sector best practices with the unique requirements of governments.<\/span><\/p>\n<p>Ivalua aspires to widen its customer base and attracts more users from different sectors thanks to this new funding.<\/p>\n<hr \/>\n<h3 style=\"text-align: center;\">&#x1f50d;\u00a0Find out more about fintech start-ups <a href=\"https:\/\/analytics.invyo.io\/login.php\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"broken_link\"><strong>HERE<\/strong><\/a><\/h3>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our platform Invyo Analytics daily tracks thousands of start-ups worldwide and allows corporates to automatically monitor market trends and opportunities. This week, our tool caught Ivalua on its radar mainly because of its a big fresh funding round and its new unicorn status: Access more data in Fintech Register here for FREE &#x1f31f;\u00a0Who is Ivalua, [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":7034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2185],"tags":[2231,1439,2235,82,1943,307,2221,2232,1189,2234,2223,2230,2233,1286,228],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekly Fintech Radar: Ivalua\u2019s ID, fresh funding, product launch and other news - INVYO Insights Europe : Media Fintech<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insights.invyo.io\/europe\/industries\/finance\/service-to-finance\/weekly-fintech-radar-ivaluas-id-fresh-funding-product-launch-and-other-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Fintech Radar: Ivalua\u2019s ID, fresh funding, product launch and other news - INVYO Insights Europe : Media Fintech\" \/>\n<meta property=\"og:description\" content=\"Our platform Invyo Analytics daily tracks thousands of start-ups worldwide and allows corporates to automatically monitor market trends and opportunities. 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