InvGate
Buenos Aires-founded IT service and asset management software company that bootstrapped for 14 years before raising a $35 million growth round in 2023.
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- Established
- 2009
- Location
- Buenos Aires, Argentina
- Country
- Argentina
- Founded
- 2009, bootstrapped without outside investment for 14 years
- Products
- SaaS platform for IT service management and IT asset management
- 2023 funding
- $35 million growth round led by Riverwood Capital, with Endeavor Catalyst participating
- CEO (2023)
- Ariel Gesto
- Customers cited
- NASA, the U.S. Army, KPMG, Toyota, and Globant
Overview
InvGate is a Buenos Aires-founded software company providing a SaaS platform for IT service management and IT asset management, serving enterprises and mid-sized organizations ranging from about 50 to 50,000 employees. Founded in 2009, the company operated without outside investment for 14 years before seeking institutional capital (TechCrunch).
First institutional funding round
In July 2023, InvGate raised $35 million in its first growth round, led by Riverwood Capital with participation from Endeavor Catalyst. At the time, the company reported sustained 60% year-over-year growth over the previous three years and operations spanning 57 countries, with offices in Buenos Aires, Mexico, the United States and the United Kingdom. Its customer base, concentrated in Latin America and the United States, was reported to include organizations such as NASA, the U.S. Army, KPMG, Toyota and Globant. CEO Ariel Gesto said the capital would fund global expansion through customer acquisition, new local offices, and product development (TechCrunch).
What this profile does not claim
This profile relies on a single independent source and does not independently verify the company’s customer list, growth-rate figures, or country count beyond what that reporting states.
Timeline
- 2009
- InvGate is founded in Buenos Aires and operates as a bootstrapped company for the next 14 years.
- 2023-07
- Raises its first institutional funding round, $35 million led by Riverwood Capital with participation from Endeavor Catalyst, reporting 60% year-over-year growth over the prior three years and operations in 57 countries.
Sources
1 source (1 tier 1), each opened and read against the claim it supports. Every source is independent of the subject; no first-party material is cited. See the source policy.
The TechCrunch article was fetched and read in full. TechCrunch is an independent technology-news outlet with no financial stake in InvGate; a Business Wire item on the same funding round is a company/investor press release and was not used as an independent source.
- Bootstrapped since 2009, IT management company InvGate raises $35M Supports: The company's 2009 founding and 14 years bootstrapped, the $35 million Riverwood Capital-led round, its growth rate, customer names, and its operations across 57 countries.
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