The investment has added Hosted Voice & UCaaS to SCC’s Cloud Delivered Managed Services (CDMS – DCS & Connectivity) portfolio.
SIPCOM is a global & leading CSP specialising in delivering Software as a Service (SaaS) that includes Unified Communications as a Service (UCaaS) and operates in a rapidly expanding and high growth market, sized today at £13bn+.
Acuity worked from the outset with SIPCOM to identify SCC and to secure the transaction.
“Q Advisors and Acuity Advisors managed our first-ever fundraising process with a high degree of professionalism and swiftness, casting a wide net and leveraging their longstanding senior-level relationships with institutional VCs and growth equity investors in the US and Europe to deliver a successful outcome for Innoveo. Their team’s knowledge of underlying technology, SaaS subscription models, and insuretech/fintech vertical was exactly what we were looking for to position Innoveo with growth equity investors. Their senior staff worked closely with my team to articulate Innoveo’s differentiation against a fragmented market backdrop and exhibit Innoveo’s unique technological, commercial, and financial attributes that made us stand out from the pack. This funding puts Innoveo on a path to accelerate growth and I look forward to continuing to work with Q and Acuity in the future.”
AMIR GHAFFAR | CEO
Innoveo
