Education Intelligence Company, Innovare, Raises $2M In Additional Seed Funding Despite Economic Downturn With Support From Existing And New Investors In The U.S. And Mexico
Amount Raised
$2 Million
Round Type
Seed
ChicagoSoftwareEducationAnalyticsMachine LearningInvestors
Description
Chicago-based EdTech company, Innovare, announced that it has raised $2M in additional seed funding to continue to scale its impact on education leadership via its cloud-based strategy and analytics platform InnoTM️. The company has raised $5M to date. Investors in this round include Cleveland Avenue of Chicago whose CAST US fund invests in diverse Chicagoland founders that offer unique tech-driven solutions to address systemic social issues, Mexico City/Austin-based Dux Capital, Chicago-based Tawani Ventures, and returning investor Portfolia's Rising America Fund of San Francisco, among others.
Quick answer
Innovare raised $2 Million in a Seed round, dated April 6, 2023. Investors: Portfolia's Rising America Fund Of San Francisco, Tawani Ventures, Dux Capital and Cleveland Avenue Of Chicago. Innovare is based in Chicago, Illinois, United States.
- How much did Innovare raise?
- Innovare raised $2 Million in a Seed round on April 6, 2023.
- Who invested in Innovare?
- Portfolia's Rising America Fund Of San Francisco, Tawani Ventures, Dux Capital and Cleveland Avenue Of Chicago are named as investors in this round.
- What does Innovare do?
- Innovare is empowering leaders in the education ecosystem with the essential tools they need to impact the people they serve.
- Where is Innovare based and how big is it?
- Innovare is based in Chicago, Illinois, United States. Fundz records about 120 employees.
- Who are the decision-makers at Innovare?
- Fundz holds 2 contacts at Innovare, including the Co-Founder + Chief Growth Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Education and Analytics around the same time
Companies in the same sectors as Innovare that raised within 45 days of this round, from Fundz verified event records.
- Incentivio raised $10M (Funding Round) on May 17, 2023.
- Incentivio raised $15M on May 12, 2023.
- ControlRooms.ai raised $10M on May 12, 2023.
- ChrysaLabs raised $15M (Series A) on May 10, 2023.
- Safebooks raised $4.9M (Seed) on May 4, 2023.
- Groundlight raised $10M (Seed) on April 19, 2023.
Who to call at Innovare, and when
A new round usually means Innovare is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Innovare raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Innovare, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Innovare. With Fundz connected, it knows.
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Related People
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