Latest round

Seed

Last raised

Apr 2023

Total raised

$5M

Investors

9

About Innovare

Founded in 2017 in Chicago, US, Innovare specializes in educational technology, focusing on data intelligence solutions. The company was established by Fernando DeLeón and Nicholas Freeman.Innovare's primary offering is the Inno™ intelligence platform, designed to centralize and optimize educational data from various EdTech tools. This platform enables education leaders to gain real-time, personalized insights into student performance, attendance trends, and academic progress. By aggregating data from multiple sources, Inno™ aids in identifying strengths and challenges within the student population, thereby facilitating tailored interventions that support student-centered learning.Innovare generates revenue through a subscription-based model for its Inno™ platform, allowing clients to access a suite of tools and services through annual contracts. This model enables educational institutions to benefit from continuous updates and customer support, while utilizing the platform to drive student success. The company aims to broaden its presence across major education markets in the US.

Who invested in Innovare

9 investors across 2 rounds

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Funding rounds

  1. Seed

    Apr 6, 2023

    Amount

    $2M

    Investors

    Locked

  2. Seed

    Aug 6, 2021

    Amount

    $3M

    Investors

    Locked

Questions about Innovare

Who invested in Innovare?

Innovare has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Innovare raised?

Innovare has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Innovare last raise money?

Innovare's most recent round on record is a Seed, in Apr 2023.

What does Innovare do?

Founded in 2017 in Chicago, US, Innovare specializes in educational technology, focusing on data intelligence solutions.

Where is Innovare headquartered?

Innovare is headquartered in Chicago, US.

Which VCs invest in companies like Innovare?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Innovare's stage. Their profiles are linked below.

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