What Innovatics does

Innovatics is a Finnish private software company founded in 1986 and headquartered at Ratamestarinkatu 13, Helsinki. It develops, sells, and leases (SaaS) specialized software organized around two product families. The Oskari family provides shareholder management for public and private companies, cooperatives, and co-operative forests (Yhteismetsät), including shareholder registers, book-entry depository tools (Oskari-OK), AGM preparation and conduct (Oskoko), dividend management with SEPA payments, and the MAR-compliant ILMO insider and project register. The InnoLIMS family is a laboratory information management system used for research, product development, production, and self-monitoring, fulfilling ISO, GMP, GLP, and FDA requirements, and is delivered through browser-based (InnoLIMS www, Extranet), Windows workstation (InnoLAB), and calculation (InnoCalc) interfaces.

The technology stack is built around rule-based business logic, integration with central securities depositories (Euroclear Finland, Euroclear Sweden, VP Securities in Denmark), strong national electronic identification (Finnish BankID, Mobile ID, Swedish BankID, Danish MitID, Baltic SmartID), and direct instrument/Excel/ERP connectors. Software can be deployed as a multi-tenant cloud SaaS service from Innovatics servers or installed on customer intranet networks. The company maintains an ISO 9001 certified quality management system covering software development and service delivery.

Innovatics operates a sales-led, direct go-to-market with no intermediaries. Sales are driven through inbound phone, email, and website contact channels, supported by detailed Finnish- and English-language product documentation and customer testimonials. Revenue is generated through monthly SaaS subscriptions (covering cloud hosting, updates, and support), on-premise software licenses, and recurring post-warranty maintenance contracts. The Oskari platform is used by over 50% of Finnish listed companies for AGM services, with the Oskoko system handling more than 120 shareholder meetings annually. InnoLIMS serves service laboratories, research organizations, production facilities, and government institutions. Co-development of the virtual AGM system with Inderes Oyj provides an indirect distribution channel into Nordic investor relations workflows.

Name

Innovatics

Legal name

Innovatics Oy

Website

https://innovatics.fi

Company type

Private

Founded year

1986

Operating status

Operating

Short description

Innovatics, founded in 1986, develops SaaS and on-premise software for shareholder management (Oskari) and laboratory information management (InnoLIMS). Its products serve over 50% of Finnish listed companies, plus private firms, cooperatives, research institutions, and government agencies in Finland and the Nordics.

Ownership category

akta.pro rank

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Cloud Subscriptions: Software can be leased as a cloud service from Innovatics servers. The company develops, sells, and rents (SaaS) their manufactured programs.
2. On-premise Software Licenses: Software can be installed on customer's own intranet network, providing perpetual or term-based licensing options.
3. Maintenance Contracts: Post-warranty maintenance contracts ensure ongoing support, updates, and customer assistance. The system is continuously developed with customer-specific features available on request.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Innovatics develops and sells two principal software product families. Oskari is a corporate governance and shareholder management suite used to administer shareholder registers, organize annual general meetings, and manage related disclosures and ownership information. InnoLIMS is a laboratory information management suite that handles document control, equipment calibration records, personnel training records, and other quality/regulatory processes for laboratories.

Product overview

Innovatics is a Finnish IT company that develops, sells, and leases (SaaS) specialized software with two main product families: InnoLIMS and Oskari. InnoLIMS is a Laboratory Information Management System (LIMS) for research, product development, production, and quality control, offered as a cloud service or installed on customer's own intranet. The InnoLIMS family includes the core platform plus user interfaces (InnoLIMS www browser-based, InnoLIMS Extranet for customer access, InnoLAB workstation interface) and the InnoCalc calculation module. Oskari is the shareholder management solution family consisting of the core Oskari shareholder register, Oskari-OK for book-entry depository companies (linking to Euroclear), Oskoko for shareholder meeting management (AGM system), ILMO for insider/MAR compliance tracking, and OskariLataus for system integrations. The Oskari family also includes modules for dividend management, cooperative forests management, and investor relations web components.

Differentiator

Problem solved

Functional benefit

Brands

• Oskari: Shareholder Management System for private and public companies and cooperatives. Includes shareholder register, dividend management, and insider register modules.
• InnoLIMS
• Oskoko
• ILMO
• Oskari-OK

Products and services

• InnoLIMS Laboratory information management software family used to manage daily laboratory operations and quality/compliance processes for regulated laboratories.
• Oskari Corporate governance and shareholder management software family used to administer shareholder registers, organize annual general meetings, and manage ownership disclosures for listed companies, cooperatives, and foundations.
• InnoLIMS maintenance and support Annual maintenance and support contract for InnoLIMS, providing updates and ongoing service for laboratory customers on both cloud and on-premise deployments.
• Oskari maintenance and support Annual maintenance and support contract for Oskari, providing updates and ongoing service for governance customers on both cloud and on-premise deployments.

Quantifiable outcome

• Handles over 120 shareholder meetings annually with attendance ranging from 10 to over 1,000 participants
• +1 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• Inderes OyjcoreStrategic or Co-development PartnerInnovatics and Inderes Oyj co-developed the virtual AGM system. Inderes AGM service is based on Innovatics' Oskoko system. The partnership leverages both companies' expertise and experience in shareholder meeting management.
• Euroclear FinlandcoreTechnology or IntegrationOskari integrates with Euroclear Finland's owner information system. OskariLataus links Oskari with Euroclear Finland's book-entry system for automated shareholder data updates. The shareholder register can be initialized from Euroclear Finland's shareholder records.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Equiniti: Provider of shareholder registration, AGM services, and investor communications in the UK and US. Comparable to Innovatics' Oskari product line on the shareholder/AGM side, with similar regulatory-driven workflows for listed companies.
• LabWare: Established global LIMS vendor serving pharmaceutical, food, environmental, and contract laboratories. The closest pure-play direct competitor to Innovatics' InnoLIMS offering, with comparable ISO/GLP/GMP compliance focus but a much larger international footprint.
• Computershare: Global leader in shareholder services, AGM/registrar services, and employee share plans. Directly comparable to Innovatics' Oskari shareholder register and Oskoko AGM offering, but at a much larger, multi-jurisdictional scale across more than 20 countries.
• Morrow Sodali: Global advisory and technology provider for annual general meetings, virtual/hybrid meetings, and proxy solicitation. Overlaps with Oskoko's virtual AGM capabilities and competes for the same Nordic/European listed-company AGM wallet.
• STARLIMS (Abbott): LIMS platform owned by Abbott, used by laboratories in life sciences, manufacturing, and public health. Competes with InnoLIMS for regulated lab customers, typically at a larger enterprise scale than Innovatics' installed base.
• LabVantage Solutions: Enterprise LIMS vendor focused on regulated laboratories (pharma, food, biobanking). Directly comparable to InnoLIMS on functionality (sample management, instrument integration, audit trail, ISO/GLP compliance) and target buyer.

Emerging players

• Diligent: Board and governance software platform expanding into shareholder engagement and virtual meetings. Adjacent to Oskari's governance-adjacent workflows (shareholder registers, MAR-compliant insider tracking) but more focused on the boardroom than the shareholder register.

Broad incumbents

• Broadridge Financial Solutions: Large-cap incumbent in shareholder communications, proxy processing, and governance technology. Competes with the Oskari/Oskoko stack at the high end of the market via its proxy and virtual meeting solutions, though broader in scope than Innovatics' Nordic focus.
• Thermo Fisher Scientific (SampleManager LIMS): SampleManager LIMS is one of the most widely deployed LIMS globally, serving large pharmaceutical and industrial labs. Comparable to InnoLIMS on the LIMS core, but bundled into Thermo Fisher's broader scientific instrument and software stack rather than sold as a standalone niche product.

Others

• Inderes Oyj: Finnish investor relations and equity research firm whose AGM service is built on Innovatics' Oskoko system. Functions as a strategic channel partner and co-developer for virtual AGM in Finland rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 Innovatics