FundedIQ
Biotechnology

Innovate: Funding, Investors & Team (Oct 2026)

Innovate Corp. is a top global wholesaler for fixed and mobile network operators, providing services to clients worldwide. HC2 manages its own advanced IP soft switches and media gateways network, which was established in 1994 and is based in Herndon, Virginia.

innovatecorp.com LinkedIn Herndon, United States 11-50 employees
Financial Services Infrastructure Internet Life Science Telecommunications
Total raised
$19.0M
Rounds
1
Latest
Undisclosed round
Mar 2024

Innovate has raised $19.0M across 1 funding round on record, the most recent an undisclosed round of $19.0M announced in Mar 2024.

That round is above the $8.1M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Innovate Company Profile and Key Stats

Total funding raised
$19.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$19.0M in Mar 2024
Employees
11-50
reported band
Headquarters
Herndon, United States

Latest funding round on record: Mar 2024.

Innovate Funding Rounds

Date
Round
Amount
Undisclosed round
$19.0M

Innovate Founders and Leadership Team

Name
Role
Contact
Chris James
Founder
—

No contact details are on record for this team yet.

Innovate Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.1M
30,234
$7.6M

Innovate's latest round of $19.0M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Innovate Funding FAQs

What does Innovate do?

Innovate Corp. is a top global wholesaler for fixed and mobile network operators, providing services to clients worldwide. HC2 manages its own advanced IP soft switches and media gateways network, which was established in 1994 and is based in Herndon, Virginia.

How much funding has Innovate raised?

Innovate has raised $19.0M across 1 round on record. The most recent is an undisclosed round of $19.0M announced in Mar 2024.

When did Innovate last raise funding?

Innovate's most recent funding round on record is an undisclosed round of $19.0M, announced in Mar 2024.

Who founded Innovate?

FundedIQ lists Chris James (Founder) at Innovate.

Where is Innovate headquartered?

Innovate is based in Herndon, Virginia, United States.

How many employees does Innovate have?

Innovate is in the 11-50 employee band.

How does Innovate's funding compare to other Biotechnology startups?

Innovate's latest round of $19.0M is above the $8.1M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's Innovate Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Innovate is left off this page rather than filled in.

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