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IFS provides mobile workforce management software that helps field service organizations schedule technicians, automate workflows, and optimize operations through real-time visibility and mobile access to information.
Also known as Clevest · Clevest Solutions Inc.
Investors · 5
How we know: Accel-KKR's portfolio page · funding news · press coverage · research · accel-kkr.com · Not right? Tell us
How we know: Energy Impact Partners's portfolio page · a partner's Signal profile · funding news · privatecapitaljournal.com · the VCSheet dataset · Not right? Tell us
Also in the syndicate · 2
Funding
SEC filings, press & company announcements- Undisclosed amountgrowth equity roundJan 2018
Accel-KKR (lead), Energy Impact Partners (lead), Vancouver City Savings Credit Union
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Clevest Solutions Inc. was a Vancouver, British Columbia-based software company supplying mobile workforce automation and smart grid operations software exclusively to electric, gas and water utilities. Its product suite covered mobile workforce management, real-time automated vehicle location, meter reading, and smart grid deployment, operations and maintenance activities, together with configuration technology that was patent-pending as of 2015.
The software connected utility field crews to back-office operations, targeting outage response times, field worker productivity and safety, and utility carbon footprint reduction. Solutions were MultiSpeak-compliant, integrated with 250 enterprise systems, and could be deployed on-premise or in the cloud. By the time of its 2020 acquisition, Clevest reported more than 270 utility customers worldwide, deployments covering over 35 million smart meters, and service to over 100 million energy and water consumers.
Founding story
Clevest was founded in 2006 in Vancouver, British Columbia by Thomas Ligocki, who served as President and CEO through the company's independent history and described the business at the time of its 2020 sale as one he had founded almost 15 years earlier.
Business model
Clevest licensed and delivered utility-specific enterprise software to electric, gas and water utilities, with solutions deployable on-premise or in the cloud and integrations into utility enterprise systems.
Traction
Over 150 utility customers worldwide as of July 2015, rising to more than 270 utility customers by 2020. Clevest software had been used to deploy over 35 million smart meters and to service over 100 million energy and water consumers.
Latest developments
IFS announced completion of its acquisition of Clevest Solutions Inc. on November 2, 2020, adding Clevest's utilities domain expertise and customer base to IFS's field service and service management portfolio.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Described in acquisition materials as the leading provider of mobile workforce management and advanced network deployment solutions in the utilities vertical. IFS positioned the deal as extending its service management leadership and establishing a competitive service management offering for the energy and utilities sector.
Technology
Clevest's platform supported mobile workforce management, real-time automated vehicle location, meter reading, smart metering and smart network deployment, and scheduling and dispatch optimization. It included configuration technology described as patent-pending in 2015, was MultiSpeak-compliant, and integrated with 250 enterprise systems, with on-premise or cloud deployment options.
Go-to-market
Electric, gas and water utilities, ranging from some of the world's largest utilities to rural electric cooperatives.
Geography
Headquartered in Vancouver, British Columbia, Canada, serving utility customers worldwide.
History
After its 2006 founding in Vancouver, Clevest built a utility-specific mobile workforce platform and grew to more than 150 utility customers by mid-2015, when it raised growth equity financing led by Accel-KKR with participation from Vancouver City Savings Credit Union (Vancity), which had previously invested. Its customer base reached over 270 utilities by 2020. In November 2020, Swedish enterprise applications company IFS completed the acquisition of Clevest, with Fort Capital Partners advising Clevest; shareholders at the time included Energy Impact Partners, Vancity Capital (the company's first institutional investor) and a network of individual investors.
Compiled by commissioned research from 3 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsIFS (Industrial and Financial Systems, IFS AB) completed the acquisition of Clevest Solutions Inc. to extend its service management offering into the energy and utilities vertical. Fort Capital Partners acted as financial advisor to Clevest; selling shareholders included Energy Impact Partners, Vancity Capital and individual investors.
Clevest announced growth equity financing led by Accel-KKR, with Vancity also participating; the company stated it was Vancity's second round of financing in Clevest. The amount was not disclosed.
Recent accolades cited in July 2015 included the Microsoft Application Innovation Developer Award, Smart Grid Product of the Year Award, and Clean Tech Award for Best Smart Energy Solution.
Clevest reported releasing a new version of its flagship Mobile Workforce Management product shortly before its July 2015 growth equity financing.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 3
primary sources listed
- Clevest Closes Growth Equity Funding Led by Accel-KKR - Accel-KKRaccel-kkr.com · web
3 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Clevest do?
- Canadian provider of mobile workforce automation and smart grid deployment software for electric, gas and water utilities.
- Who are Clevest's investors?
- Clevest's investors include Accel-KKR, Energy Impact Partners, WUTIF Capital.