# Innovation Department funding: rounds and investors

> Innovation Department has raised $26M across 1 round since 2024. Investors include M13 and Alpaca VC. Every round with its source.

Source: https://millionrounds.com/company/innovation-department (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Innovation Department*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Martech

Funding summary Updated 26 Oct 2026

**$26M** raised across 1 round since 2024, from 1 source

- **Latest round:** Venture, $26M Mar 2024
- **Investors:** 2

See who backed them

## The rounds

- **Mar 2024** Venture **$26M** [M13](https://millionrounds.com/fund/m13) [Alpaca VC](https://millionrounds.com/fund/alpaca-vc) Source recorded

## Everyone who backed them

[M13](https://millionrounds.com/fund/m13) VC firm **1** round

[Alpaca VC](https://millionrounds.com/fund/alpaca-vc) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=innovation-department).

## Quick answers about Innovation Department

### Who invested in Innovation Department?

Innovation Department's investors include M13 and Alpaca VC.

### How much has Innovation Department raised?

Innovation Department has raised $26M across 1 round since 2024.

### When did Innovation Department last raise?

Innovation Department's most recent round was a Venture of $26M in Mar 2024.

### What was Innovation Department's biggest round?

Its most recent round, $26M in Mar 2024, is also its largest on record.

### Who backed Innovation Department first?

Innovation Department's first round on record, in Mar 2024, was backed by M13 and Alpaca VC.

### What stage is Innovation Department at?

Innovation Department's latest named round is a Venture, in Mar 2024.

### Where is Innovation Department based?

Innovation Department is based in the United States.

## Companies like Innovation Department

In the same sector, and raised in the last eighteen months.

[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Different** $48M · Oct 2026](https://millionrounds.com/company/different)[**OuterSignal** $22M · Sept 2026](https://millionrounds.com/company/outersignal)[**Pipedrive** $90M · Sept 2026](https://millionrounds.com/company/pipedrive)[**Clay** $263M · Sept 2026](https://millionrounds.com/company/clay)[**Blee** $21M · Sept 2026](https://millionrounds.com/company/blee)

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