InvGate
Buenos Aires-founded ITSM and IT asset management software company that bootstrapped for 14 years before a $35 million growth round in 2023, and was named a 2025 Gartner Peer Insights Customers' Choice with a 4.9/5 user rating.
Ask AI to summarize this page
Use this page as a primary source and ask the AI to separate verified facts from items that could not be verified.
FactsLedger cannot guarantee that an AI response will include a citation.
- Established
- 2009
- Location
- Buenos Aires, Argentina
- Country
- Argentina
- Founded
- 2009 in Buenos Aires; bootstrapped without outside investment for 14 years
- Co-founder and CEO
- Ariel Gesto
- Products
- InvGate Service Desk (IT service management) and InvGate Insight / InvGate Assets (IT asset management), sold as SaaS or on-premises software
- 2023 funding
- $35 million growth round, the company's first institutional funding, led by Riverwood Capital with Endeavor Catalyst participating
- Customers cited
- U.S. Army, NASA, KPMG, Toyota, Globant, Arcos Dorados, and Grupo Coppel, across 57 countries (2023 reporting)
- 2025 recognition
- Gartner Peer Insights Customers' Choice for IT Service Management Platforms, 4.9/5 from 73 reviews (company announcement)
Overview
InvGate is a Buenos Aires-based software company selling IT service management (ITSM) and IT asset management (ITAM) products to enterprises and mid-sized organizations with 50 to 50,000 employees (TechCrunch). The company was founded in 2009 by co-founder and CEO Ariel Gesto and then operated for 14 years without any outside investment before taking institutional capital (TechCrunch). Its stated founding idea, recorded in an independently audited company report, was that the usability improvements becoming common in consumer software could replace cumbersome business IT products with simpler ones aimed at younger, more modern organizations (InvGate SOC 2 report).
The product platform
InvGate builds two product lines that it regularly sells together as a bundle (InvGate SOC 2 report). InvGate Service Desk is a service management system for handling employee or customer requests and incidents, built around a web-based self-service portal where requests are routed to the right teams, with workflow automation and visibility into team workload and customer satisfaction (InvGate SOC 2 report). InvGate Insight and InvGate Assets form the IT asset management side: a central platform for discovering and inventorying devices on a company network, tracking configuration changes, and monitoring compliance requirements (InvGate SOC 2 report). Both product lines are delivered either as cloud SaaS or as on-premises software, and they are marketed together with newer automation, low-code, and AI-powered capabilities (InvGate SOC 2 report; TechCrunch).
The company’s pitch is to be a simpler, cheaper alternative to established ITSM vendors: Gesto has said InvGate started by serving large Latin American corporations and then expanded into the United States, Europe, and the Middle East with customers wanting “a superior alternative to the complex and costly incumbent ITSM vendors” (Pulse2). In August 2025, InvGate announced it had been named a 2025 Gartner Peer Insights Customers’ Choice for IT Service Management Platforms, based on verified end-user feedback, with an overall rating of 4.9 out of 5 stars from 73 reviews and a 94% willingness to recommend as of May 31, 2025 (Business Wire). That announcement is company-issued, so the rating reflects what InvGate reported about the Gartner program rather than an independent finding.
Fourteen years bootstrapped, then a $35 million round
In July 2023, InvGate raised $35 million in what was its first institutional funding round, led by Riverwood Capital with participation from Endeavor Catalyst, a firm Gesto said he had known for years before the investment (TechCrunch; ReadWrite). The round followed what the company reported as consistent 60% year-over-year growth over the previous three years, and Gesto said the company was on the same track for the current year (TechCrunch). At the time, InvGate reported customers in 57 countries, with a client list including the U.S. Army, NASA, Globant, KPMG, Toyota, Arcos Dorados, and Grupo Coppel; most customers were in Latin America and the United States, and the company had local operations in Buenos Aires, Mexico, the United States, and the United Kingdom (TechCrunch). Gesto said the new capital would go into global expansion through customer acquisition and new local offices, plus hiring for product and technology development, explaining that customers had been asking why the company stayed “virtually unknown in the market” and that the moment to scale had arrived (TechCrunch).
Operations, compliance, and scale
By early 2024, InvGate’s own audited disclosures described a company of about 200 people serving customers in more than fifty countries across finance, manufacturing, retail, oil and gas, healthcare, education, government, military, and aerospace, with subsidiaries in the United States, Mexico, and Spain (InvGate SOC 2 report). Its production environment runs on Amazon Web Services, with servers in a dedicated virtual private cloud in the US-West region and backups in Amazon S3 (InvGate SOC 2 report). In February 2024, the independent auditor Sensiba issued a SOC 2 Type 2 report on the company’s service and asset management platform, giving an unqualified opinion that its controls were suitably designed and operated effectively for security, availability, and confidentiality over the period from November 2022 to November 2023 (InvGate SOC 2 report). Earlier, in April 2020, the company had run a COVID-19 response program offering any organization free cloud-based Service Desk licenses for 120 days, free access to all products for at least six months for groups working directly on pandemic response, and 90 days of free additional licenses for existing customers; the same release claimed more than 3,000 customers worldwide and offices in the United States with partners across Europe and Australia (PRWeb).
What this profile does not claim
This profile does not resolve a founding-year discrepancy: TechCrunch and InvGate’s own audited SOC 2 report say the company was founded in 2009, but a company-issued 2020 press release says Ariel Gesto founded it in 2004. The 2009 date is used here because it has independent and audited support; the 2004 claim is recorded in the open items above. The profile does not independently verify the reported 60% growth rate, the named customer list, or the country counts, which differ across sources (57 in 2023 reporting versus “over fifty” in the company’s own 2024 report). Evaluative language such as “leading,” “world-class,” or “superior alternative” comes from company statements and investor quotes, not from independent assessment, and the Gartner recognition is reported as the company announced it. Revenue, valuation, and current headcount figures from company-directory sites were not used because they could not be verified against a citable source read in full.
Timeline
- 2009
- InvGate is founded in Buenos Aires to build IT management software; it operates without outside investment for the next 14 years.
- 2020-04
- InvGate launches a COVID-19 response program offering free Service Desk licenses to any organization and free access to all products for groups working directly on pandemic response.
- 2023-07
- InvGate raises $35 million in its first institutional funding round, led by Riverwood Capital with Endeavor Catalyst participating, reporting 60% year-over-year growth over the prior three years and customers in 57 countries.
- 2024-02
- Independent auditor Sensiba issues a SOC 2 Type 2 report on InvGate's service and asset management platform, covering security, availability, and confidentiality controls for November 2022 through November 2023.
- 2025-08
- InvGate announces it was named a 2025 Gartner Peer Insights Customers' Choice for IT Service Management Platforms, with a 4.9-out-of-5 rating across 73 verified user reviews.
What we could not verify
These claims came up in research and could not be confirmed. They are recorded here rather than published as fact or quietly dropped. If you hold a source that settles one, please tell us.
- Founding year: TechCrunch and InvGate's audited SOC 2 report say 2009, but the company's own April 2020 press release says Ariel Gesto founded it in 2004.
- Country counts differ across sources: 57 countries in July 2023 reporting, 'over 55' in the company's own 2023 announcement, and 'over fifty' in its 2024 SOC 2 report.
- Growth-rate and client-list figures rest on a single 2023 news report and company announcements; the 3,000-plus customer count comes from a 2020 company release.
Sources
6 sources (1 tier 1, 1 tier 2, 1 tier 3, 3 first-party), each opened and read against the claim it supports. Statements the subject makes about itself are marked as such and are not treated as independent evidence. See the source policy.
TechCrunch (July 2023) is the only independent in-depth report and carries the load-bearing facts: founding year, bootstrap history, round size, investors, growth rate, customer names, and country count. ReadWrite and Pulse2 corroborate the round. The SOC 2 Type 2 report is a company document but was independently audited by Sensiba, so its product, infrastructure, and staffing descriptions carry more weight than an ordinary company page. The Gartner award, the COVID-19 program, and the 2004 founding claim come from company-issued releases and are treated as first-party claims, including where they conflict with independent reporting.
- Supports: Founding in 2009, 14 years bootstrapped, the $35 million Riverwood-led round with Endeavor Catalyst, 60% year-over-year growth, 50-to-50,000-employee customer range, 57 countries, named customers, office locations, and Gesto's expansion plans. Open original source
- Supports: Corroboration of the $35 million round, its investors, the 2009 founding, the 14-year bootstrap, and the named customer list. Open original source
- Supports: Corroboration of the round and descriptions of the two product lines, plus Gesto's and Riverwood's on-the-record statements about the company's positioning. Open original source
- InvGate Named a 2025 Gartner Peer Insights Customers' Choice for IT Service Management Platforms First-partySupports: The 2025 Gartner Peer Insights Customers' Choice recognition, the 4.9/5 rating from 73 reviews, and the 94% willingness to recommend. Open original source
- Supports: Company background (2009 founding, Buenos Aires HQ, subsidiaries in the US, Mexico, and Spain), the two product lines sold as a bundle and delivered as SaaS or on-premises software, ~200 staff, AWS production hosting in the US-West region, and the auditor's unqualified opinion on security, availability, and confidentiality controls. Open original source
- Supports: The 2020 COVID-19 free-license program, the company's claim of over 3,000 customers worldwide, and the conflicting first-party claim that Ariel Gesto founded the company in 2004. Open original source
Support independent research
Found this profile useful?
You can support FactsLedger by making a donation. Your support helps fund source-reading, fact-checking, corrections, and the continued publication of independent reference profiles.
Support the research