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Valuation

$307.5M

2024 Revenue

$175M(Est.)

Funding

$0

Team · 2025

487

Founded

1987

Applied Innovation Revenue & Valuation (2024)

Building on more than three decades of experience, Applied Innovation is here to help your organization grow. Our passion for service shines in our technology, imaging, and automation solutions.

Our locations in Michigan, Indiana, Ohio, and Florida are home to over 500+ team members, our world-class technology partnerships, and unique Customer Loyalty Center.

With our ever-ready team of experts and proven, best-in-class technologies, Applied Innovation is your partner in the office, in the cloud, or wherever your business gets done.

Last updated

Applied Innovation Revenue

In 2024, Applied Innovation's revenue reached $175M. The company previously reported $157M in 2023. Since its launch in 1987, Applied Innovation has shown consistent revenue growth.

Applied Innovation Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$40M$80M$120M$160M$200M19871989199119931995199719992001200320052007200920112013201520172019202120232024$0$175MSource: GetLatka.com
YearMilestoneSource
2024Applied Innovation Hit $175m revenue in June 2024Estimated
2023Applied Innovation Hit $157m revenue in June 2023Estimated
1987Launched with $0 revenue

Applied Innovation Valuation, Funding Rounds

Applied Innovation's most recent disclosed valuation is $307.5M.

Applied Innovation Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11987Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

John Lowery

CEO

John Lowery is listed as CEO at Applied Innovation.

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Customers

We do not have customer count information for Applied Innovation yet.

Applied Innovation Employees & Team Size

Applied Innovation employs approximately 487 people as of 2026, up from 434 in 2024.

Applied Innovation Team GrowthReported headcount over time01252503755006251987198919911993199519971999200120032005200720092011201320152017201920212023202500487487Source: GetLatka.com
YearMilestoneSource
2025Reached 487 employees (October 2025)
2024Reached 434 employees (July 2024)

Frequently Asked Questions about Applied Innovation

What is Applied Innovation's revenue?

Applied Innovation generates an estimated $175M in annual revenue.

Who founded Applied Innovation?

Applied Innovation was founded by John Lowery.

Who is the CEO of Applied Innovation?

The CEO of Applied Innovation is John Lowery.

How much funding does Applied Innovation have?

Applied Innovation raised $0.

How many employees does Applied Innovation have?

Applied Innovation has 487 employees.

Where is Applied Innovation headquarters?

Applied Innovation is headquartered in Grand Rapids, Michigan, United States.

Compare Applied Innovation to the industry

Applied Innovation operates across multiple industries. Browse revenue, funding, and growth data for Applied Innovation in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Applied Innovation Revenue & Growth History (2024)