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Valuation

$1.3M

2024 Revenue

$447.6K

Funding

$0

YOY

26.5%

Team

8

Founded

2014

How Innovation Department CEO Alex Song grew to $447.6K revenue with a 8 person team in 2024.

A technology and investment company that creates and develops E-Commerce, Media and SaaS companies.

Last updated

Innovation Department Revenue

In 2024, Innovation Department's revenue reached $447.6K. The company previously reported $353.8K in 2023. Since its launch in 2014, Innovation Department has shown consistent revenue growth.

Innovation Department Revenue GrowthReported revenue / ARR over time$0$100K$200K$300K$400K$500K201420162018202020222024$0$404K$448KSource: GetLatka.com
YearMilestoneQuote
2024Innovation Department Hit $447.6k revenue in October 2024
2023Innovation Department Hit $353.8k revenue in October 2023
2021Innovation Department Hit $403.9k revenue in May 2021
2014Launched with $0 revenue

Innovation Department Valuation, Funding Rounds

Innovation Department's most recent disclosed valuation is $1.3M.

Innovation Department is a bootstrapped Venture Capital startup. Founded in 2014, Innovation Department has grown to $447.6K in revenue without raising any venture capital or outside funding.

As a self-funded Venture Capital SaaS company, Innovation Department has built its business with no outside investment.

Innovation Department Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120142014 cumulative: $0 • 2014 Founded: $02014 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Alex Song

Alex Song is listed as Founder / CEO at Innovation Department.

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Customers

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

Innovation Department Employees & Team Size

Innovation Department employs approximately 8 people as of 2026.

Innovation Department Team GrowthReported headcount over time05101520252014201620182020202220240088Source: GetLatka.com
YearMilestone
2024Reached 8 employees (October 2024)
2023Reached 8 employees (October 2023)
2022Reached 8 employees (October 2022)
2021Reached 11 employees (December 2021)
2021Reached 21 employees (May 2021)

Frequently Asked Questions about Innovation Department

What is Innovation Department's revenue?

Innovation Department generates $447.6K in revenue.

Who founded Innovation Department?

Innovation Department was founded by Alex Song.

Who is the CEO of Innovation Department?

The CEO of Innovation Department is Alex Song.

How much funding does Innovation Department have?

Innovation Department raised $0.

How many employees does Innovation Department have?

Innovation Department has 8 employees.

Where is Innovation Department headquarters?

Innovation Department is headquartered in New York, New York, United States.

Compare Innovation Department to the industry

Innovation Department operates across multiple industries. Browse revenue, funding, and growth data for Innovation Department 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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Innovation Department Revenue 2024: $447.6K ARR