Innovecs
Innovecs is an AI-augmented software engineering company founded in 2011 that delivers custom development, cloud, data, and AI solutions to 150+ enterprise and mid-market clients across supply chain, gaming, fintech, healthcare, and high-tech verticals through four specialized sub-brands and 25 global delivery locations.
- Company typePrivate
- Founded2011
- HeadquartersNorth Miami Beach, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Innovecs does
Innovecs is an AI-augmented software engineering company founded in 2011 in Kyiv, Ukraine, and incorporated in the United States. The company operates a parent brand with four dedicated sub-brands: Innochain (AI solutions for supply chain), Innovecs Games (video game development), Innovecs Play (iGaming), and Innovecs High Tech (technology-sector software services). It delivers custom software engineering, cloud and data services, DevOps, QA, Salesforce implementation, blockchain consulting, and industry-specific AI solutions to 150+ enterprise and mid-market clients across North America, Europe, the Middle East, and Asia-Pacific, with 25 delivery locations and a stated headcount of 650+ (Forbes cites 850 across nine countries).
The technology stack spans React/Angular/Next.js/TypeScript on the frontend, Java/Python/Go/Node.js/C# on the backend, Flutter/React Native/Swift/Kotlin for mobile, and AWS/Azure/GCP for cloud, with Snowflake as a data partner and Kubernetes/Docker for containerization. The Innochain AI platform is the most differentiated product layer, delivering AI document processing (95-99% accuracy), a voice interface system for warehouse picking (99.9% precision, 30%+ productivity gains), computer vision yard management, and NLP-powered support assistants. Integration partnerships with Deposco, Davanti Warehousing, SAVOYE, and nShift enable WMS, TMS, and yard-management deployments, while AWS Select Consulting Partner and Snowflake partner status anchor cloud and data-modernization practice areas.
Revenue is generated almost entirely from B2B professional services delivered through three engagement models: dedicated teams, project-based delivery, and team extension, plus managed services and long-term support retainers. Pricing is quote-based and negotiated per engagement, with no public rate card. The go-to-market is enterprise field sales augmented by inside sales and a partner referral network, while marketing runs on content (blog, SEO, case studies), earned media, events, and partner co-marketing. Customer segments are organized vertically: supply chain and logistics, gaming, fintech, healthcare, high tech (including HealthTech, CollabTech, FinTech sub-segments), and iGaming.
Innovecs firmographics
Firmographics- Name
- Innovecs
- Legal name
- Innovecs
- Website
- https://innovecs.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Innovecs is an AI-augmented software engineering company founded in 2011 that delivers custom development, cloud, data, and AI solutions to 150+ enterprise and mid-market clients across supply chain, gaming, fintech, healthcare, and high-tech verticals through four specialized sub-brands and 25 global delivery locations.
- Ownership category
- akta.pro rank
Innovecs industry classification
Industry- Product category
- Software Engineering Services
- NAICS
- Custom Computer Programming Services (541511)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- AI/ML Engineering & Model Development Services (BPAEAHAF)
Keywords
Where Innovecs is headquartered
LocationHeadquarters
- HQ city
- North Miami Beach
- HQ country
- United States
- HQ region
- North America
Offices10 records
Markets served
Innovecs business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Custom Software Development & Engineering Services: B2B professional services revenue from custom software development, engineering, and consulting engagements. Engagements are delivered via dedicated teams, project-based delivery, or team extension models. Revenue is generated through time-and-materials or fixed-scope project contracts across frontend, backend, mobile, cloud, and data engineering.
- Managed Services & Long-Term Support: Ongoing managed services including 24/7 monitoring, incident management, software maintenance and support, cloud operations (CloudOps), and DevOps retainer agreements. Generates recurring revenue from existing client base of 150+ clients through long-term support contracts.
- Consulting & Strategy Services: AI consultancy, Snowflake consulting, AWS consulting, and technical advisory services. Includes AI readiness assessments, strategic roadmaps, data and process evaluations, and stakeholder workshops — typically delivered as short-to-medium-term consulting engagements with clear deliverables.
- Salesforce & CRM Development Services: Custom Salesforce implementation, customization, and integration services including CRM solutions, sales automation, customer support platforms, and analytics dashboards. Delivered as project-based or retainer engagements for enterprise clients.
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Innovecs product offering
Product offeringCore offering
Innovecs is an AI-augmented software engineering services company that designs, builds, and modernizes custom software for enterprise and mid-market clients. Core offerings cover custom software development, cloud and infrastructure services, data management, DevOps, QA/testing, Salesforce development, banking software, blockchain, and WMS/TMS integration. Through four sub-brands (Innochain, Innovecs Games, Innovecs Play, Innovecs High Tech) it delivers vertical-specific AI solutions, with Innochain providing AI document processing, voice picking, computer-vision yard management, and AI support assistants for supply chain operators.
Product overview
Innovecs is an AI-augmented software engineering company operating as a parent company with four sub-brands: Innochain (AI-powered supply chain solutions), Innovecs Games (video game development), Innovecs Play (iGaming), and a High Tech sub-brand. The core offering is custom software engineering services spanning frontend/backend/mobile development, cloud infrastructure, data management, DevOps, QA, blockchain, and specialized AI solutions. Innochain specifically provides AI Document Processing, Voice Interface System, AI Video/Image Recognition for Yard Management, and AI Assistants. Industry-specific services include supply chain management, logistics, fintech (trading platforms, digital banking, payment processing), healthcare (EMR/EHR, telemedicine), and collaboration tools. Strategic technology partnerships include AWS, Snowflake, and WMS providers (Deposco, Davanti, SAVOYE).
Differentiator
Problem solved
Functional benefit
Brands
- Innochain: AI-powered solutions for Supply Chain - a toolkit built to handle pressure points that slow down supply chain operations including document processing, voice picking, yard management, and AI assistants.
- Innovecs Games
- Innovecs Play
- Innovecs High Tech
Products and services
- Software Development & Engineering Custom software engineering service covering frontend (React, Vue.js, Angular, Next.js, TypeScript), backend (Java, Kotlin, Python, Go, C#, Node.js), mobile (Flutter, React Native, Swift, Kotlin), and full-cycle product development for enterprise clients across multiple verticals.
- Cloud & Infrastructure Services Cloud migration, multi-cloud strategy, infrastructure-as-code, virtualization, and disaster recovery services delivered across AWS, Azure, and Google Cloud for enterprise clients.
- Data Management Data engineering, big data, analytics, data migration, master data management, and control tower solutions for turning enterprise information into actionable insights.
- DevOps DevOps consulting, CI/CD pipeline setup, automation, and security operations services that accelerate software delivery for enterprise clients.
- Quality Assurance & Testing Comprehensive manual and automated testing services covering functional, performance, usability, and regression testing for enterprise products.
- Project Management Expert project management service guiding clients from software strategy through execution, delivered as part of Innovecs' core engineering offerings.
- UI/UX & Experience Design User interface and user experience design service for digital products, supporting Innovecs' broader engineering engagements.
- Maintenance & Support Ongoing software maintenance and managed support service including 24/7 monitoring, incident management, software maintenance, CloudOps, and DevOps retainers.
- Salesforce Development Custom Salesforce implementation, customization, and integration services covering CRM, sales automation, service cloud, and integration with ERP and financial systems.
- AI Solutions in Supply Chain AI-powered supply chain consulting and engineering service applying demand forecasting, process automation, document processing, voice picking, and yard-management intelligence to logistics operations.
- Snowflake Consulting Snowflake implementation service covering data unification, analytics modernization, and AI adoption with strategy, architecture, and delivery on Snowflake's data cloud platform.
- AWS Cloud Consulting AWS infrastructure modernization, cloud performance optimization, and scalable AWS-based product development delivered as a consulting and engineering service.
- WMS Integration & Implementation Warehouse Management System integration and implementation service connecting WMS platforms with ERP, TMS, YMS, ecommerce, and customer-facing tools for reliable data flow.
- Banking Software Development Development and modernization of secure banking platforms for digital banking, payment processing, and core business workflows for financial institutions.
- Blockchain Development Consulting Blockchain consulting and development service covering secure transaction management, data integrity, smart contracts, decentralized applications, and tokenized assets.
- Supply Chain Web Development Custom web development service tailored to supply chain management platforms, operations portals, and logistics customer-facing tools.
- Supply Chain Management App Development Custom mobile and web application development service for supply chain management workflows, last-mile operations, and partner collaboration.
- Innochain AI Platform AI-powered supply chain solutions platform that combines AI Document Processing, a Voice Interface System for hands-free warehouse operations, AI video and image recognition for yard management, and AI assistants for 24/7 support, targeting 3PL/4PL operators, warehouses, and logistics enterprises.
- Innovecs Games Video game development sub-brand offering full-cycle game development, custom game engine development, cross-platform solutions, server-side infrastructure, and live operations support for PC, mobile, console, and online game publishers such as JamCity and Aristocrat.
- Innovecs Play iGaming sub-brand providing software development and solutions for online gaming operators, including blockchain-based, tokenized, prediction-market, and decentralized application projects.
Quantifiable outcome
- 127% business growth over the past three years
- +14 more outcomes
Companies that use Innovecs
Customer profileNamed customers8 records
Segments7 records
Ideal customer profiles2 records
Innovecs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability13 records
Feature6 records
Innovecs partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- AWS (Amazon Web Services)coreAWS Select Consulting Partner status achieved in 2020. Innovecs provides AWS cloud consulting, migration, infrastructure optimization, and cloud-native application development services. AWS partnership enables delivery of cloud solutions across all industry verticals including supply chain, fintech, healthcare, and gaming.
- SnowflakecoreOfficial Snowflake partner providing Snowflake consulting services including data unification, analytics modernization, and AI operationalization on Snowflake's data cloud platform. Services include strategy, architecture, and delivery that create a governed data foundation for faster reporting, stronger access control, and practical AI adoption.
- DeposcocoreWMS (Warehouse Management System) partnership for supply chain solutions. Deposco provides cloud-based supply chain planning and fulfillment solutions that Innovecs integrates and implements for clients. Strategic WMS partnership category in Innovecs International Partner Network.
- DavanticoreWMS partnership established in 2023 for warehouse management system integration and implementation. Davanti Warehousing partnership focused on supply chain digitalization. Strategic WMS partner in Innovecs International Partner Network.
- SAVOYEcoreWMS partnership established in 2023 for supply chain software solutions. SAVOYE provides warehouse management and logistics technology that Innovecs implements and integrates for clients. Strategic WMS partner in Innovecs International Partner Network.
- Bitcoin Foundation UkraineminorEstablished R&D center in Kyiv in collaboration with the Bitcoin Foundation Ukraine in 2018, reflecting early blockchain and crypto technology collaboration.
Scale indicators9 records
Recent moves12 records
Expansion highlights5 records
Innovecs competitors and assessment
Company assessmentDirect peers
- EPAM Systems: EPAM is a global digital transformation and software engineering services firm with Eastern European roots, offering AI-augmented engineering across verticals. Closely comparable to Innovecs in geography, service portfolio, AI tooling emphasis, and customer profile.
- SoftServe: SoftServe is a Ukraine-headquartered IT services and digital transformation company serving enterprise clients in supply chain, healthcare, fintech, and high tech. Highly comparable to Innovecs on origin, vertical coverage, and delivery model.
- Globant: Globant is a global digital engineering firm with AI-focused service lines (Globant AI Studio) and vertical studios mirroring Innovecs' sub-brand approach. Directly comparable in scale, AI-augmented delivery positioning, and customer base.
- Ciklum: Ciklum is a Ukraine-origin global IT services company providing custom software engineering and digital transformation to enterprise clients. Comparable to Innovecs in delivery geography, service mix, and target verticals.
- Intellias: Intellias is a Ukraine-headquartered IT services company with strong verticals in automotive, fintech, and supply chain. Directly comparable to Innovecs in geographic footprint, vertical specialization, and engineering scale.
- Nagarro: Nagarro is a global digital engineering company with AI/data services, serving enterprise clients across industries including supply chain, fintech, and high tech. Comparable scale and AI-augmented delivery positioning to Innovecs.
Broad incumbents
- Accenture: Accenture is the largest global IT services and consulting firm with overlapping capabilities in custom software, cloud, AI, and supply chain transformation. Competes for the same enterprise wallet as Innovecs but across a vastly broader portfolio.
- Cognizant: Cognizant is a global IT services incumbent with deep vertical coverage in healthcare, financial services, and supply chain. Comparable to Innovecs on customer verticals but operates at materially larger scale and breadth.
- Slalom: Slalom is a US-headquartered consulting and technology services firm with strong AI/ML and cloud practices serving enterprise clients. Comparable to Innovecs on AI consulting and engineering delivery but at smaller, more US-centric scale.
- Deloitte Digital: Deloitte Digital is the digital transformation arm of Deloitte, offering AI engineering, cloud, and enterprise platform services. Comparable to Innovecs on enterprise digital transformation and AI delivery but as part of a much larger consulting portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Innovecs social profiles
Digital presenceInnovecs compliance and trust
Trust signalCompliance1 record
Innovecs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Innovecs leadership team
Management profileNumber of profiles
Profiles12 records
Innovecs funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Innovecs M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Innovecs
What does Innovecs do?
Innovecs is an AI-augmented software engineering services company that designs, builds, and modernizes custom software for enterprise and mid-market clients. Core offerings cover custom software development, cloud and infrastructure services, data management, DevOps, QA/testing, Salesforce development, banking software, blockchain, and WMS/TMS integration. Through four sub-brands (Innochain, Innovecs Games, Innovecs Play, Innovecs High Tech) it delivers vertical-specific AI solutions, with Innochain providing AI document processing, voice picking, computer-vision yard management, and AI support assistants for supply chain operators.
Is Innovecs a public or private company?
Innovecs is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Innovecs founded?
Innovecs was founded in 2011. It employs 501 to 1,000 people.
Where is Innovecs based?
Innovecs is headquartered in North Miami Beach, United States, in the North America region.
How does Innovecs make money?
Four revenue lines are on record. Custom Software Development & Engineering Services are the primary driver. The others are managed Services & Long-Term Support, consulting & Strategy Services and salesforce & CRM Development Services.
Who are Innovecs's main competitors?
Direct peers on record are EPAM Systems, SoftServe, Globant, Ciklum, Intellias and Nagarro. Broad incumbents are Accenture, Cognizant, Slalom and Deloitte Digital.
Does Innovecs have an API?
No public API is recorded for Innovecs.
What industry is Innovecs in?
Innovecs's product category is Software Engineering Services. Its primary akta.pro industry code is BPAEAHAF, AI/ML Engineering & Model Development Services. Its NAICS code is 541511 and its SIC code is 7371.