Innovation Department
Valuation
$1.3M
2024 Revenue
$447.6K
Funding
$0
YOY
26.5%
Team
8
Founded
2014
How Innovation Department CEO Alex Song grew Innovation Department 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.
| Year | Milestone |
|---|---|
| 2024 | Innovation Department Hit $447.6k revenue in October 2024 |
| 2023 | Innovation Department Hit $353.8k revenue in October 2023 |
| 2021 | Innovation Department Hit $403.9k revenue in May 2021 |
| 2014 | Launched 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.
| Year | Round | Amount | Valuation | % Sold |
|---|
Innovation Department Employees & Team Size
Innovation Department employs approximately 8 people as of 2026.
Innovation Department has 8 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 8 employees (October 2024) |
| 2023 | Reached 8 employees (October 2023) |
| 2022 | Reached 8 employees (October 2022) |
| 2021 | Reached 11 employees (December 2021) |
| 2021 | Reached 21 employees (May 2021) |
Founder / CEO
Alex Song
Alex Song is listed as Founder / CEO at Innovation Department.
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 Innovation Department yet.
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.
People Also Viewed
MightyScout
MightyScout helps marketers effortlessly run influencer marketing campaigns with a suite of campaign management, influencer tracking, influencer relationship management, and analytics & reporting tools.
RTB-Media
RTB-Media is a cross-channel trading desk and reporting platform for brands and agencies.
Collude
Collude is an advanced online communication and mobile networking platform designed to act as a central hub for businesses to bring Moderators, Organisers, Members and Suppliers into a single collaboration platform making big impact to their businesses .
Ubicall
Ubicall is a cloud-based mobile platform that transforms your users customer support experience while reducing your own cost of operations.
Stout Street Capital
Stout Street Capital is an early-stage venture capital fund that seeks to invest in early-stage companies. The firm was founded in 2016 and is based in Denver, Colorado. It seeks to invest in companies operating in the technology, robotics, artificial intelligence, analytics and medical technology sectors.
R2 SaaS
R2 is an online SaaS material consumption transfer platform.
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.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .