Companies · Business Services

Innventure Llc

Orlando · Business Services

Diligence memoA one-page analyst read on Innventure Llc — recommendation, valuation, rhythm, risks.
$33.2M
Total raised · real
5
Rounds
7.7×
Latest step-up
Top 8%
Sector rank · raised
Series B
Latest stage · inferred · Fri Sep 24 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Innventure Llc looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the business services sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.00× the median modeled value of Series B Business Services companies in 2019–2021 (19 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Dormant
  • Last raise 4.8 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Innventure Llc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
7.3 yr record
Peak capital year was 2021 with $31.7M across 2 filings.
Market position
ahead of 93% of Business Services peers
Capital scale is ahead of 93% of Business Services peers; modeled value is above 95% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2021: $31.7M across 2 filings.
  • Largest single filing was $28.1M on 2021-09-24.
  • Filing rows sum to $37.8M, while canonical raised total is $33.2M; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
  • Canonical filtering should be tightened before using row-level totals for diligence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Business Services

Innventure Llc is one of 2439 Business Services companies tracked from Orlando. By capital raised it ranks among the largest (ahead of 93% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
121
Investors (latest)
2021-09-24
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeed · 2019-04-01 Raised $1.1M (real) Modeled valuation $27M (est)Seed2019Pre-Seed · 2020-10-09 Raised $1.0M (real) Modeled valuation $28M (est)Pre-Seed2020Seed · 2020-10-09 Raised $1.0M (real) Modeled valuation $23M (est)Seed2020Seed · 2020-10-12 Raised $250K (real) Modeled valuation $5.6M (est)Seed2020Seed · 2020-12-30 Raised $2.8M (real) Modeled valuation $57M (est)Seed2020Seed · 2021-09-24 Raised $3.6M (real) Modeled valuation $55M (est)Seed2021Series B · 2021-09-24 Raised $28M (real) Modeled valuation $443M (est)Series B2021+$1.0M+$1.0M+$250K+$2.8M+$3.6M+$28MCumulative $38M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.1M · 2019
Bridge · Seed-stage$1.0M · 2020smaller follow-on
Seed extension$1.0M · 2020
Seed extension$250K · 2020
Seed extension$2.8M · 2020
Seed extension$3.6M · 2021
Series B$28.1M · 2021no Series A on file

Stages are modeled from round size (public records carry no series label). No record for: Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 75%.

Modeled valuation trajectory
$443.1M
Base estimate est.
$71.6M
Conservative case
$1.3B
Upside case
$156.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the business services sector profile. Directional, not a quoted figure.

Seed · modeled $27.3M · 2019-04-012019Pre-Seed · modeled $27.7M · 2020-10-09Seed · modeled $22.7M · 2020-10-09Seed · modeled $5.6M · 2020-10-12Seed · modeled $56.7M · 2020-12-30Seed · modeled $55.3M · 2021-09-24Series B · modeled $443.1M · 2021-09-242021
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
69%
Survival probability
46% low · 85% high
1.34×/yr
Annual markup
1.63×/yr upside case
4.8 yr
Elapsed time used
4.8 yr actual, capped for stale marks
business services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$13.3M/yr
Capital velocity
7.3 yr
On record since
2019
First round
7
Rounds on file
How it compares to the market

Benchmarked against 2439 companies in Business Services. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 23× above median
This company$33.2M
Sector median$1.5M
Latest round — vs other Series B rounds in sector (real $, this stage) 1.5× above median
This company$28.1M
Sector median$19.0M
Modeled value — vs sector median (estimate, all stages) 29× above median
This company$443.1M
Sector median$15.0M

Raised more than 93% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #10 of 19.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Buyers Edge Platform, LLC · Series B Raised $30.0M · modeled $681.3M (est)Incident IQ, LLC · Series B Raised $40.0M · modeled $654.2M (est)Mercury Acquisition Inc. · Series B Raised $24.2M · modeled $550.3M (est)Recom Trading Inc. · Series B Raised $40.9M · modeled $548.6M (est)Analytical Wizards, Inc. · Series B Raised $38.0M · modeled $514.0M (est)ODP Corp · Series B Raised $26.0M · modeled $497.6M (est)Exela Technologies, Inc. · Series B Raised $36.8M · modeled $493.8M (est)Scalefast, Inc. · Series B Raised $25.7M · modeled $490.1M (est)Aero Engineering Holdings, LLC · Series B Raised $29.2M · modeled $471.5M (est)PSAV Group LP · Series B Raised $18.0M · modeled $409.3M (est)Trainual, Inc. · Series B Raised $27.6M · modeled $355.7M (est)Innventure Llc (this company) Raised $33.2M · modeled $443.1M (est)Innventure Llc
CompanyStageRaised · realValue · estvs peer med.
Buyers Edge Platform, LLCSeries B$30.0M$681.3M1.54×
Incident IQ, LLCSeries B$40.0M$654.2M1.48×
Mercury Acquisition Inc.Series B$24.2M$550.3M1.24×
Recom Trading Inc.Series B$40.9M$548.6M1.24×
Analytical Wizards, Inc.Series B$38.0M$514.0M1.16×
ODP CorpSeries B$26.0M$497.6M1.12×
Exela Technologies, Inc.Series B$36.8M$493.8M1.11×
Scalefast, Inc.Series B$25.7M$490.1M1.11×
Aero Engineering Holdings, LLCSeries B$29.2M$471.5M1.06×
Innventure Llc this companySeries B$33.2M$443.1M1.00×
PSAV Group LPSeries B$18.0M$409.3M0.92×
Trainual, Inc.Series B$27.6M$355.7M0.80×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.1M2019-04-01$5.4M$27.3M90%
Pre-Seed$1.0M2020-10-09$5.6M$27.7M90%
Seed$1.0M2020-10-09$5.0M$22.7M90%
Seed$250K2020-10-12$1.3M$5.6M90%
Seed$2.8M2020-12-30$13.8M$56.7M90%
Seed$3.6M2021-09-24$18.3M$55.3M90%
Series B$28.1M2021-09-24$156.0M$443.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.1M2019-04-01
    • First recorded raise — entered as Seed.
    • 9 investors on this round.
  2. Pre-Seed$1.0M2020-10-09
    • Raised again after 18 mo — slower than the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 1 investor on this round.
  3. Seed$1.0M2020-10-09
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  4. Seed$250K2020-10-12
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Seed$2.8M2020-12-30
    • Came back fast: 3 mo vs the ~12 mo sector norm.
    • Round 11.0× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 3 investors on this round.
  6. Seed$3.6M2021-09-24
    • Raised 9 mo later, in step with the ~12 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 5 investors on this round.
  7. Series B$28.1M2021-09-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 7.7× larger than the prior — scaling up.
    • 121 investors on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~5mo cadence
$84.2M
Modeled next size est.range $54.7M$134.8M
7.7×
Last step-up
$13.3M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
John Scott10 other2019-04
Richard Brenner5 other2019-04
Michael Otworth4 other2019-04
James Donnally3 other2019-04
David Brenner2 other2020-10
Michael Balkin2 other2020-10
Greg Wasson1 other2019-04
JAMES DONALLY1 other2020-10
MICHAEL LINGLE1 other2019-04
Roland Austrup1 other2021-09
Bill Haskell2020-12
KIM WASSON2019-04
Lucas Harper2021-09
Registry & provenance

Innventure Llc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1772241
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Innventure, Inc.Business ServicesSeries B$49.6M$46.8Mnetwork4 shared operators · same sector · same stage
Aeroflexx, LlcOther TechnologySeries B$20.3M$287.2Mnetwork5 shared operators · same stage
Purecycle Technologies LlcSoftware / TechSeries C$99.6M$1.7Bnetwork6 shared operators
Src Mme Credit, LpBusiness ServicesSeries B$33.0M$749.5Msame sector · same stage
Perpetuity Project Ltd.Business ServicesSeries B$33.5M$164.2Msame sector · same stage
KLDiscovery Inc.Business ServicesSeries B$34.1M$209.7Msame sector · same stage
PureCycle Technologies, Inc.Software / TechSeries D+$340.0M$984.4Mnetwork3 shared operators
Mix Capital LtdBusiness ServicesSeries B$35.0M$195.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Innventure, Inc.Business ServicesSeries B$46.8M97%
Mass Ingenuity LLCBusiness ServicesSeed$2.5M77%
Founders Market & Co.Business ServicesPre-Seed$321K77%
Accscient, LlcBusiness ServicesSeries B$613.2M77%
FounderMade LLCBusiness ServicesPre-Seed$6.3M76%
AOE Creative LLCBusiness ServicesPre-Seed$15.8M76%
Innovapptive, Inc.Other TechnologySeries B$295.1M76%
Ctg:I LlcBusiness ServicesSeed$12.2M76%
Frequently asked
How much funding has Innventure Llc raised?
Innventure Llc has raised approximately $33.2M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Innventure Llc's estimated valuation?
Provath's modeled valuation for Innventure Llc is approximately $443.1M (modeled range $71.6M–$1.3B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Innventure Llc at?
Innventure Llc's latest modeled financing stage is Series B. Its most recent recorded round closed around Fri Sep 24.
What does Innventure Llc do and where is it based?
Innventure Llc operates in the Business Services sector, based in Orlando.
Explore related

See where Innventure Llc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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