Invera

What Invera does

Invera is a privately held Canadian software company, founded in 1977 and headquartered in Westmount (Montreal), Quebec, that builds and sells enterprise software exclusively for the metal industry. It self-describes as the largest metal-industry software company and operates from offices in Canada (Montreal/Westmount), the United States (Dallas), the United Kingdom (London), and Mexico (Querétaro), with software deployed at over 700 metal locations across 14+ countries including the US, Canada, Mexico, the UK, the Netherlands, Dubai, and Singapore.

The company's flagship product is INVEX, a cloud-based metal ERP platform built on a services-oriented architecture with REST 2.0 APIs, microservices, and Model Context Protocol (MCP) connectivity. INVEX delivers metal-specific functionality across inventory management, order processing, contract sales, multi-location processing routing, EDI, eCommerce, financials (AR/AP/GL), MRP, shop floor mobile applications, and the newer INVEX AI layer featuring the Ivy assistant with Ivy Help, Ivy Insight, and Ivy Agents. Two legacy on-premise products, eSTELPLAN and STRATIX, remain part of the brand portfolio from earlier eras.

Invera monetizes primarily through subscription or licensing fees for the INVEX platform, supplemented by implementation and professional services delivered by its own consultants and a global network of certified partners — most notably Prodin Business Solutions, which has been its European implementation partner since 2005. The typical implementation cycle runs 6–8 months and frequently requires no software modifications, a key selling point versus generic ERP systems. Target customers span metal service centers (flat rolled, general line, plate), steel processors, metal distributors, rolling mills, and tube mills, with smaller footprint in energy/OCTG and building products. Pricing is quote-based and not publicly disclosed.

Name

Invera

Legal name

Invera Inc.

Website

https://invera.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

101–250 employees

Short description

Invera is a privately held Canadian software company that builds INVEX, a cloud-based ERP and AI platform built exclusively for the metal industry, serving metal service centers, distributors, processors, rolling mills, and tube mills across 14+ countries.

Ownership category

akta.pro rank

Product category

Metal Industry ERP Software

NAICS

Computer Systems Design Services (541512), Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

Digital Employee Experience (DEX) & IT Experience Management (ITXM) Platforms (HDAEALAL)

Keywords

• Metal ERP software
• Steel service center software
• Metal industry AI
• Steel processing software
• Metal inventory management

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. ERP Software Licensing/Subscription: Cloud-based INVEX metal ERP software offered as subscription or licensing model to metal service centers, processors, distributors, rolling mills, and tube mills.
2. Implementation Services: Consulting and implementation services provided by Invera's industry-experienced consultants, with typical implementations taking 6-8 months. European implementations handled through certified partner Prodin Business Solutions.
3. E-Commerce Integration: Integrated INVEX eCommerce platform bundled with ERP software, providing end-to-end solution for metal industry customers.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Invera develops and sells INVEX, a cloud-based ERP and AI platform built exclusively for the metal industry, serving metal service centers, metal distributors, steel processors, rolling mills, and tube mills. The platform combines metal-specific operational workflows, inventory management, customer self-service e-commerce, APIs, and AI capabilities (INVEX AI with Ivy assistant) in a unified enterprise solution. Invera also provides implementation and consulting services directly and through certified global partners, with average implementation timelines of 6–8 months.

Product overview

INVEX is a unified cloud-based ERP software and AI platform built exclusively for the metal industry, encompassing INVEX (core ERP platform), INVEX eCommerce (customer self-service portal), INVEX Financials (AR/AP/GL), INVEX EDIX (EDI capabilities), INVEX MRP (material planning), INVEX CSX (API toolkit), INVEX Sales, INVEX Metal Products, INVEX OPS Mobile/Tablet, INVEX GO (mobile sales app), INVEX Education LMS, INVEX App Library, inTOUCH customer portal, and INVEX AI featuring Ivy AI assistant. The platform supports metal service centers, distributors, processors, rolling mills, and tube mills with product-specific modules for Flat Rolled, General/Multi-line, Toll Processing, Plate Processors, Tube Mill, Rolling Mill, Energy & OCTG, and Building Products. All products integrate natively within the INVEX ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• INVEX: Cloud-based metal ERP and AI platform for metal service centers, distributors, processors, rolling mills, and tube mills
• eSTELPLAN
• STRATIX
• INVEX AI
• INVEX OPS
• INVEX OPS Mobile
• INVEX GO
• INVEX eCommerce
• INVEX EDIX
• INVEX CSX

Products and services

• INVEX Metal ERP Cloud-based ERP software and AI platform built exclusively for metal service centers, metal distributors, steel processors, rolling mills, and tube mills. Combines metal ERP, operational workflows, inventory management, customer self-service e-commerce, APIs, and AI functions in a unified enterprise platform.
• INVEX AI (Ivy) AI intelligence layer integrated into INVEX ERP featuring three capabilities: Ivy Help for workflow guidance, Ivy Insight for natural-language ERP data access, and Ivy Agents for operational task automation including order creation and planning. Built on services-oriented architecture with REST APIs, microservices, and Model Context Protocol connectivity, combining LLM technology with a human-in-the-loop approach.
• INVEX eCommerce Fully integrated e-commerce platform with customer self-service portal for quotes, orders, inventory viewing, and shipment processing tailored to steel industry needs.
• INVEX OPS Mobile Real-time mobile application for warehouse shop floor operations enabling employees to perform receiving and production recording directly on iOS and Android mobile devices, with barcode scanning support.
• INVEX OPS Tablet Tablet applications for receiving and production increasing efficiency with shop floor data collection functions.
• INVEX GO Real-time mobile sales application for the metal industry providing KPI metrics, sales activity overview, inventory levels, customer sales information, order status, and accounts receivable data for management and sales teams on iOS and Android devices.
• INVEX Education (LMS) All-Access Learning Management System providing direct access to a media library with videos, brochures, and training materials, enabling 24/7 learning access from any device.
• inTOUCH Customer Portal Customer portal providing self-service access to account information, orders, quotes, invoices, and shipment documents.
• INVEX App Library Platform providing access to partner-developed INVEX solutions extending the platform ecosystem.
• INVEX Financials Comprehensive financial products built into INVEX providing AR, AP, and GL functionality for metal service centers.
• INVEX EDIX EDI-capable platform enabling electronic data interchange capabilities with INVEX for faster and simpler EDI implementation.
• INVEX MRP Material Requirements Planning module helping metal service centers balance customer demand, inventory levels, and material procurement.
• INVEX CSX Cloud-based API toolkit for leveraging INVEX capabilities including real-time data exchange, with support for REST 2.0, JSON, OAuth 2.0 M2M authorization, and HTTPS-secured communication for warehouse optimization, production planning integration, PLC integration, and coil slitting APIs.
• INVEX Length Nesting Solution Length nesting solution enabling optimization of cutting patterns for metal distribution orders.

Quantifiable outcome

• Implementation completed in 8 months without software modifications
• +2 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability5 records

Feature9 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Prodin Business SolutionscoreImplementation/ SI/ Consulting Partner · 1 January 2005Certified European implementation partner for INVEX software since 2005. Prodin provides support and implementation services in English, Dutch, and German from their Netherlands office. Services include consulting, training, software development and integration, data migration, and report creation. The partnership enables INVEX implementations across Europe and the USA with extensive metal industry expertise.
• Star SoftwareminorImplementation/ SI/ Consulting PartnerInvera-certified partner that extends INVEX usage with AP automation solution using OCR technology for supplier invoice data extraction, matching process, and subsequent document creation. Provides real-time data exchange methods and APIs.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• SAP: Largest horizontal ERP vendor; SAP S/4HANA and industry cloud solutions compete for the same enterprise metal-industry customers, often displacing smaller vertical specialists.
• Oracle: Oracle Fusion Cloud ERP competes broadly for manufacturing/distribution customers, including metals, and bundles AI features (Oracle AI) that rival INVEX AI's roadmap.
• IFS: Enterprise software for asset-heavy and process-manufacturing industries (aerospace, energy, construction, metals); competes for larger rolling-mill and mill-operator customers.
• Plex Systems (Rockwell Automation): Cloud-native manufacturing ERP now owned by Rockwell Automation; competes with INVEX for plant-level production, quality, and supply-chain functionality at metal processors.
• Microsoft Dynamics 365: Microsoft's cloud ERP/CRM suite with manufacturing and distribution capabilities, increasingly augmented by Copilot AI — the most likely horizontal incumbent to be evaluated alongside INVEX.

Direct peers

• DELMIAWorks (formerly IQMS): Manufacturing ERP with deep shop-floor, production, and quality modules targeting metal processors and fabricators — overlapping with INVEX's OPS Mobile, MRP, and multi-step processing routing.
• Epicor Software: Mid-market ERP focused on manufacturing, distribution, and retail, with explicit vertical support for metal service centers, steel distributors, and fabricators — the same primary buyer profile as Invera's INVEX.
• Infor: Provides industry-specific cloud ERP suites (Infor CloudSuite) including for distribution and industrial manufacturing, competing head-to-head with INVEX for metal-industry ERP deals.
• Global Shop Solutions: ERP for custom and repetitive manufacturers, including metal fabrication and job shops, with quoting, shop floor, and inventory capabilities analogous to INVEX's core ERP.
• Aptean: Vertical ERP specialist with a metals-and-steel practice and other process-manufacturing suites; competes on the same domain-specialization thesis that Invera uses to differentiate from generic ERP.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/invera/jobs

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Invera