The funding round comes after a highly successful year in 2020.

Paulson & Co. Inc., founded by John A. Paulson, and an affiliate fund of Michael E. Tennenbaum are first-time investors in Innoveo and will join Everstone Capital, one of Asia's premier investment firms focused on cross-border North America - Asia investments as well as domestic investments in India and Southeast Asia, and the management team as shareholders.

Innoveo is a global technology provider with a proven track record for speeding up go-to-market strategies and accelerating digital transformation journeys with its no-code platform, Innoveo Skye®. From the insurance industry to financial services and real-estate, Innoveo delivered more than 500 applications and processed 1+ billion dollars' worth of transactions to corporations worldwide, such as Zurich Insurance, Allianz, Chubb, Rakbank, and Marriott.