Fund profile

Innovation Department

New York, United States

Not leading

About

Innnovation Department is a venture studio and investment platform that focuses on creating, building, and scaling consumer brands. The company operates by leveraging its in-house resources and expertise to incubate and accelerate the growth of its portfolio companies. Innovation Department stands out by taking a hands-on approach, where they not only invest in but also actively build and operate companies from the ground up. The studio has a particular interest in direct-to-consumer (DTC) brands and tech-enabled products that tap into emerging consumer trends. The company typically gets involved at the earliest stages of a startup's life cycle, offering a mix of capital, strategic guidance, and operational support. Innovation Department's portfolio includes a variety of successful startups across different sectors. The team behind the studio brings a wealth of experience in entrepreneurship, brand development, and venture capital, making it a significant player in the startup ecosystem. The studio is based in New York City and operates with a model that emphasizes rapid iteration, data-driven decision-making, and a strong focus on customer experience.

Details

Average check

$100K-$500K$500K-$1M$1M-$3M$3M-$10M

Round

Pre-SeedSeedSeries ASeries BSeries C+

Highlights

$367M

Historical max check

September 2015

Last investment date

10

Investments

Software & Apps

Advertising & Marketing

Social media

E-commerce & Retail

Food & Beverage

Media, Events & Entertainment

Other

Funds that also invest in Natural Resources