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Innovation Department Raises $3.7 Million to Accelerate DTC Brand Technology Platform

Jun 10, 2020over 5 years ago

Amount Raised

$3 Million

Round Type

seed

New York

Description

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 Information

Company

Innovation Department

Location

New York, New York, United States

About

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/.

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