What is Inventiv?
Inventiv Apps specializes in providing a comprehensive suite of mobile applications tailored for the beverage distribution industry, notably featuring its flagship product, PocketAdvantage. With an operational history spanning over 27 years, Inventiv's platform is currently deployed by more than 18,000 sales representatives across the United States. The company's solutions are instrumental in processing an estimated $15 billion in product sales annually, focusing on enhancing operational efficiency and transparency for wholesalers, delivery drivers, and warehouse personnel. Inventiv Apps is recognized for its innovative contributions to digitizing and automating wholesale beverage alcohol distribution, positioning it as a preferred technology partner for distributors of all sizes.
How much funding has Inventiv raised?
Inventiv has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Inventiv?
The substantial large-scale late-stage funding indicates Inventiv is poised for significant expansion and further technological advancement. This capital injection is expected to fuel the enhancement of its existing product suite and potentially broaden its market reach. The company's strategic focus on digitizing and automating the complex beverage distribution landscape suggests a continued emphasis on innovation to maintain its competitive edge and support the evolving needs of its extensive user base.
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