Innovance Revenue

Industrial Machinery Manufacturing • Albert Lea, Minnesota, United States • 21-50 Employees

Innovance revenue & valuation

Annual revenue	$98,000,000
Revenue per employee	$3,380,000
Estimated valuation?This valuation is estimated based on industry average for the Industrial Machinery Manufacturing industry and current estimated revenues	$313,600,000
Total funding	$88,000,000

Key Contact at Innovance

Cole Mathisen

Director Of Business Development

Company overview

Headquarters	505 W Front St, Albert Lea, Minnesota 56007, US
Phone number	+15073778910
Website	innovance.com
NAICS	3332
SIC	671
Keywords	Engineering Services, Tumbling, Contract Manufacturing, Precision Machining, Medical Equipment, OEM, Metal Fabrication, Metal Finishing, Polishing, Parts Washing, Industrial Deburring, Engineered Components, Assembly Solutions, Complex Manufacturing, Paint Line
Founded	2004
Employees	21-50
Socials

Innovance Email Formats

Innovance uses 2 email formats. The most common is {first initial}{last name} (e.g., jdoe@innovance.com), used 61.5% of the time.

Format	Example	Percentage
{first initial}{last name}	jdoe@innovance.com	61.5%
{first name}{last name}	johndoe@innovance.com	38.5%

About Innovance

Innovance is the holding company for a family of four 100% employee-owned companies (ALMCO, Lou-Rich, Panels Plus, and Mass Finishing) with the common goals of working together to grow our ESOP value and become the most respected companies in our communities. Our unique mix of industrial manufacturing capabilities assures our customers we are committed to providing a solution to any need they have.

Employees by Management Level

Total employees: 21-50

Seniority

Employees

Entry

Manager

C-Suite

Employees by Department

Innovance has 12 employees across 6 departments.

Departments

Number of employees

Funding Data

Explore Innovance's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2002-03-25	5	$88,000,000

Funding Insights

$88,000,000

Total funding amount

$88,000,000

Most recent funding amount

Number of funding rounds

Innovance Tech Stack

Discover the technologies and tools that power Innovance's digital infrastructure, from frameworks to analytics platforms.

reCAPTCHA

Security

Amazon SES

Vimeo

Video players

lite-youtube-embed

JavaScript libraries

Swiper

JavaScript libraries

Microsoft 365

jQuery Migrate

JavaScript libraries

Cloudflare

CDN

Twitter Emoji

Font scripts

jQuery

JavaScript libraries

Apple iCloud Mail

Webmail

HTTP/3

Miscellaneous

Frequently asked questions

Innovance is located in Albert Lea, Minnesota, US.

You can reach Innovance at +15073778910.

Innovance generates an estimated annual revenue of $98,000,000. This revenue figure reflects the company's market position and business performance in its industry.

Innovance has an estimated valuation of $313,600,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Innovance was founded in 2004, making it 22 years old. The company has established itself as a significant player in its industry over this time.

Innovance has approximately 21-50 employees. The company continues to grow its workforce to support its business operations and expansion.

Innovance has raised a total of $88,000,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

Key Contact at Innovance

Cole Mathisen

Director Of Business Development

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