Innovation Department: Funding, Investors & Team (Aug 2026)
The Innovation Department creates cutting-edge wellness companies from scratch with a hands-on approach. Our team is dedicated to quickly getting products to market and ensuring the success of early-stage businesses. Our brands include WellPath, Finn, DojoMojo, and Grummies, and we have invested in notable companies like Pinterest, Dropbox, and Lyft.
Innovation Department has raised $26.0M across 1 funding round on record, the most recent an undisclosed round of $26.0M announced in Mar 2024.
That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Innovation Department Company Profile and Key Stats
Latest funding round on record: Mar 2024.
Innovation Department Funding Rounds
Innovation Department Founders and Leadership Team
Contact details for the Innovation Department team: 1 of 1 has an email address on file.
Start 14-day free trial →Innovation Department Funding Compared to Other Commerce and Shopping Startups
Innovation Department's latest round of $26.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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Innovation Department Funding FAQs
What does Innovation Department do?
The Innovation Department creates cutting-edge wellness companies from scratch with a hands-on approach. Our team is dedicated to quickly getting products to market and ensuring the success of early-stage businesses. Our brands include WellPath, Finn, DojoMojo, and Grummies, and we have invested in notable companies like Pinterest, Dropbox, and Lyft.
How much funding has Innovation Department raised?
Innovation Department has raised $26.0M across 1 round on record. The most recent is an undisclosed round of $26.0M announced in Mar 2024.
When did Innovation Department last raise funding?
Innovation Department's most recent funding round on record is an undisclosed round of $26.0M, announced in Mar 2024.
Who founded Innovation Department?
FundedIQ lists Colin Darretta (Founder) at Innovation Department.
Where is Innovation Department headquartered?
Innovation Department is based in New York, United States.
How many employees does Innovation Department have?
Innovation Department is in the 11-50 employee band.
How does Innovation Department's funding compare to other Commerce and Shopping startups?
Innovation Department's latest round of $26.0M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Innovation Department 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 Innovation Department is left off this page rather than filled in.
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