Valuation
$2M
2024 Revenue
$672.8K
Funding
$2.2M
YOY
13.5%
Team
5
Founded
2013
How Ideawake CEO Coby Skonord grew to $672.8K revenue with a 5 person team in 2024.
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
Ideawake Revenue
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Ideawake Hit $672.8k revenue in October 2024 | |
| 2023 | Ideawake Hit $592.6k revenue in October 2023 | |
| 2021 | Ideawake Hit $595k revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
Ideawake Valuation, Funding Rounds
Ideawake's most recent disclosed valuation is $2M.
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 | Quote |
|---|---|---|---|---|---|
| 2022 | Seed Round | $1M | - | - | |
| 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 | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Ideawake yet.
Ideawake Employees & Team Size
Ideawake employs approximately 5 people as of 2026.
| Year | Milestone |
|---|---|
| 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) |
Frequently Asked Questions about Ideawake
What is Ideawake's revenue?
Ideawake generates $672.8K in revenue.
Who founded Ideawake?
Ideawake was founded by Coby Skonord.
Who is the CEO of Ideawake?
The CEO of Ideawake is Coby Skonord.
How much funding does Ideawake have?
Ideawake raised $2.2M.
How many employees does Ideawake have?
Ideawake has 5 employees.
Where is Ideawake headquarters?
Ideawake is headquartered in Milwaukee, Wisconsin, United States.
Compare Ideawake to the industry
Ideawake operates across multiple industries. Browse revenue, funding, and growth data for Ideawake 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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