United States · Investor

Innovation Department

Last cheque observed Mar 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

Pre-seedSeedSeries AOnmichannelCpgDirect-to-consumer

Cheques on record
0%of best year0cheques in 12 months, 7 on record
Since the last cheque4242days00hrs00min00sec
Median round$4.5MRounds led0 of 7Sole investor2 roundsMostly inUnited States, 100%
Pitch Innovation Department

Innovation Department highlights

  1. 01

    7 rounds on record

  2. 02

    Mostly Seed and Series C: 71% of its rounds

  3. 03

    Sole investor in 2 rounds, median undisclosed

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries AGrowth
Sectors
OnmichannelCpgDirect-to-consumer
Based in
New York, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first7 appearances

  1. 2015

    2 rounds

  2. Mar
    PinterestSeries G · US$367MWith 2 others
  3. Jan
    Package ZenSeed · USUndisclosedSole investor
  4. 2014

    4 rounds

  5. Apr
    CinematiqueSeed · US$800KWith 3 others
  6. Jan
    DropboxSeries C · US$350MWith 5 others
  7. Jan
    ALOHASeed · US · techcrunch.com$4.5MWith 15 others
  8. Jan
    WellPathSeed · USUndisclosedSole investor
  9. 2013

    1 round

  10. Sept
    SHADOWVenture · US$100KWith 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 1 person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Quick answers about Innovation Department

What does Innovation Department invest in?

Innovation Department invests most often at Seed and Series C (71% of the rounds on record), in sectors such as Onmichannel, Cpg and Direct-to-consumer.

How active is Innovation Department?

7 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2015.

How big are Innovation Department's cheques?

The median round it joins is $4.5M.

Does Innovation Department lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

Where does Innovation Department invest?

Most of the companies it backs are in the United States (100%).

Is Innovation Department investing now?

No investments in the last 12 months; the latest was in Mar 2015.

What kind of investor is Innovation Department?

Innovation Department is a VC firm based in New York, United States.

When was Innovation Department founded?

Innovation Department was founded in 2014.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it