Innovance is a 100% employee owned company (ESOP) and the holding company.
Innovance is a 100% employee owned company (ESOP) and the holding company for subsidiaries, Lou-Rich, Inc. (www.lou-rich.com) and Almco, Inc. (www.almco.com). Lou-Rich provides contract engineering and manufacturing services. Almco is a state-of-the-art manufacturer of industrial deburring, parts washing, and vibratory metal finishing equipment. For more information on Innvoance, Inc.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 25, 2002 | Series B | $88M | 2 | Corning | — | Detail |
Dec 5, 2000 | Series A | $75M | 2 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Corning | Yes | Series B |
Kalkhoven, Pettit, and Levin Ventures | — | Series B |
Bank of America | — | Series A |