# InnerWorkings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/innerworkings

- Industry: Business Support Services
- Headquarters: Chicago, US
- Website: www.inwk.com
- Total disclosed funding: $50M
- Latest round: Series E (Jan 12, 2006)
- Investors on record: 1

## About

InnerWorkings, Inc. is a global tech-enabled creative production and procurement partner, dedicated to enhancing brand efficiency and sustainability through innovative solutions across various sectors.Founded in 2001, InnerWorkings, Inc. operates as a creative production and procurement partner with its headquarters in Chicago, US. The company has engaged in 5 deals, with the most recent funding round being an Add-on of USD 177.00 mn led by HH Global Ltd. The company raised a total of USD 108.00 mn through its funding efforts, which included an IPO in August 2006, where it sold 10.59 million shares at USD 9 per share, and a private placement in January 2007, selling 8 million shares at USD 13.50 per share. The CEO of the company is Arin Bhaduri.InnerWorkings, Inc. specializes in providing a comprehensive suite of services that enhance brand efficiency and sustainability. Their core offerings consist of technology platforms designed to optimize the creative production and procurement processes, facilitating waste reduction and growth scalability for clients. The company serves various industries, including financial services, fast-moving consumer goods (FMCG), sportswear, and non-profit organizations, delivering tailored data-driven solutions. They operate in multiple regions, including North America, Latin America, Europe, and the Asia-Pacific, catering to a diverse multinational client base.In 2019, InnerWorkings, Inc. reported a revenue of USD 1,157.83 mn and an EBITDA of USD 23.67 mn. The company's revenue primarily derives from transactions facilitated through its proprietary technology platform, where clients engage through subscription-based partnerships. This structure allows for streamlined B2B relationships and supports clients in achieving their procurement strategies and enhancing brand performance.InnerWorkings, Inc. plans to launch new products designed to improve environmental measurement tools and other technological enhancements, with potential release dates not specified. The company aims to expand its market presence into new geographic regions, specifically targeting markets in Europe and Asia-Pacific by the end of 2023. Recent funding from the Add-on round will be utilized to support these initiatives, focusing on product development and market expansion efforts.

## Funding rounds

- Series E, Jan 12, 2006, $50M — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series E