INNOVO Revenue and Competitors

Location

N/A

Total Funding

Education

Industry

Estimated Revenue & Valuation

  • INNOVO's estimated annual revenue is currently $10.5M per year.(i)
  • INNOVO's estimated revenue per employee is $162,000

Employee Data

  • INNOVO has 65 Employees.(i)
  • INNOVO grew their employee count by -7% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$5.8M4011%N/AN/A
#2
$8.3M512%N/AN/A
#3
$11.5M710%N/AN/A
#4
$6.5M450%N/AN/A
#5
$14.4M80-1%N/AN/A
#6
$20M1118%N/AN/A
#7
$9.2M57-3%N/AN/A
#8
$50.1M25320%N/AN/A
#9
$13.7M76-1%N/AN/A
#10
$5M35-3%N/AN/A
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What Is INNOVO?

The mission of Innovo is to create an environment for small businesses and individual member enthusiasts to establish a voice in the community, participate in a shared learning culture, grow their revenue and market viability, and contribute to a new inclusive Cleveland neighborhood. All businesses and individuals accepted as members of the Innovo workspace agree to spend a portion of their time each month providing informational sessions for the public and supporting other members' projects. Applicants from under-served communities, women, and minorities will be provided with opportunities to receive substantial membership benefits. We aim to create a learning system that combines online education with real-time applications through businesses leasing our office space. One primary goal of Innovo is to provide practical, meaningful knowledge based on real-world experience to set our students up for success. Our goal for students at Innovo is to make them equally, if not more, desirable to said companies than their degree-holding peers. We believe that these students will score at or above the levels of college graduates because Innovo students are using more up to date, relevant information that they are practicing in real-time. For businesses at Innovo, we are designing an innovation space with numerous benefits to support their success in the neighborhood of Tremont. Firstly, we will be fair in the pricing for our tenants' rent, but Innovo is more than four walls and a roof for our business members- we will create an atmosphere that embraces new ideas, encourages collaboration with other local companies, and contributes to the community by providing educational programs and events to enhance the local knowledge base. Innovo will be an exciting new hub exploding with entrepreneurship and innovation to stimulate growth and churn out more successful local businesses & young people in our beloved city.

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Total Funding

65

Number of Employees

$10.5M

Revenue (est)

-7%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$15.8M65-51%N/A
#2
$8.2M658%N/A
#3
$7.5M65-12%N/A
#4
$12.8M653%N/A
#5
$12.3M65-3%N/A