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Provider of a cloud-based innovation management platform designed to transform employee ideas into repeatable growth. The company's platform solicit and crowdsource ideas of employees, customers and vendors, evaluates and select the best ideas and manages the implementation of those ideas, enabling brands to boost employee engagement and accelerate the process of collecting and implementing new ideas from inside and outside of organizational boundaries.
Last updated
In 2024, Ideawake's revenue reached $672.8K. The company previously reported $592.6K in 2023. Since its launch in 2013, Ideawake has shown consistent revenue growth.
Ideawake reached a $2M valuation in 2025, set during its M&A Offer round.
Ideawake has raised $2.2M in total funding across 7 rounds, most recently a $1M Seed Round round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $2M | - | |
| 2022 | Seed Round | $1M | - | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Ideawake yet.
Ideawake employs approximately 5 people as of 2026.
Ideawake generates an estimated $672.8K in annual revenue.
Ideawake was founded by Coby Skonord.
The CEO of Ideawake is Coby Skonord.
Ideawake raised $2.2M across 7 rounds.
Ideawake has 5 employees.
Ideawake is headquartered in Milwaukee, Wisconsin, United States.
Ideawake operates across multiple industries. Browse revenue, funding, and growth data for Ideawake in each sector below.
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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Valuation
$2M
2024 Revenue
$672.8K(Est.)
Funding
$2.2M
Team
5
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | Ideawake Hit $672.8k revenue in October 2024 | Estimated |
| 2023 | Ideawake Hit $592.6k revenue in October 2023 | Estimated |
| 2021 | Ideawake Hit $595k revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
| 2019 | Seed Round | $780K | - | - |
| 2018 | Seed Round | $75K | - | - |
| 2018 | Seed Round | $100K | - | - |
| 2018 | Seed Round | $50K | - | - |
| 2017 | Seed Round | $140K | - | - |
| 2014 | Pre Seed Round | $100K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 5 employees (October 2024) | |
| 2023 | Reached 5 employees (October 2023) | |
| 2022 | Reached 6 employees (October 2022) | |
| 2022 | Reached 7 employees (February 2022) | |
| 2021 | Reached 6 employees (December 2021) | |
| 2021 | Reached 7 employees (April 2021) |
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