Innovation Department Raises $3.7 Million to Accelerate DTC Brand Technology Platform
06/10/20, 5:59 PM
Location
new yorkMoney raised
$3 million
Round Type
seed
Innovation Department, a tech-empowered platform that creates and builds Direct To Consumer (DTC) brands, announced today that it has closed $3.7 million in capital from investors including Long Light Capital, Synergis Capital, Ambridge Capital, Ryan Freedman, General Partner of Corigin Ventures and Carter Reum, Co-Founder & Managing Partner of M13 Ventures. Innovation Department streamlines the process of building DTC brands through a vertically-integrated, technology platform optimized for acquiring omnichannel customers with capital efficiency and growth velocity.
Company Info
Location
new york, new york, united states
Additional Info
Innovation Department is a tech-empowered startup studio building the DTC brands of the future. Innovation Department streamlines the process of brand building by leveraging their competitive advantages: a proprietary growth acquisition engine, owned media assets, diversified distribution channel expertise, and maximum capital efficiencies to build brands from the ground up. For more information, please visit https://www.innovationdept.com/.