Fundraising Fox

Innovare

Chicago, US · Founded 2017 · 117 employees on LinkedIn · 9 known investors

Innovare offers Inno, a strategic intelligence platform for schools that connects data sources such as attendance, assessment, and student support into one workspace. Powered by its EdAI engine, it helps school leadership teams analyze patterns, set priorities and goals, respond to trends, and communicate progress to families and stakeholders.

Also known as Innovare - Social Innovation Partners · Innovare - Strategic Intelligence Platform (SIP) Inc. · Innovare SIP

Founders & leadership

Innovare was founded in 2017 by Fernando DeLeón.

FD
Fernando DeLeóninFounder
NF
Nicholas FreemanNamed on SEC filing
AD
Adrian DeLeonNamed on SEC filing

Board

MG
Marcos GonzalezBoard director

Investors · 9

Also in the syndicate · 3

Cleveland Avenue (CAST US Fund)Dux CapitalPortfolia Rising America Fund

Funding

SEC filings, press & company announcements

$5M disclosed across 2 of 3 rounds · 2021–2023

  • $2MAdditional Seed FundingApr 2023 · 3 sources
    Source ↗
$3MraisedAug 2021 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Nicholas FreemanExecutive Officer
  • Fernando DeLeonExecutive Officer, Director
  • Adrian DeLeonExecutive Officer, Director
  • Marcos GonzalezDirector
Offering amount
$3M
Amount sold
$3M
First sale
Aug 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Innovare is a Chicago-based education technology company that develops Inno, a cloud-based data strategy and analytics application for K-12 school leaders and nonprofit executives. Inno aggregates siloed data sources — student information systems, standardized assessments, attendance, reading and math edtech programs, and spreadsheets — into personalized dashboards, enabling leadership teams to build data-driven strategies, sustain continuous improvement practices, and measure real-time impact. In nonprofit organizations, executive directors and boards use the application to visualize impact data, manage key initiatives and measure program return on investment.

The company now describes its offering as a "Strategic Intelligence Platform" (SIP), pairing Inno as the unified workspace for data, planning and collaboration with EdAI, an intelligence layer. The first EdAI module, the Strategist, is live and helps leadership teams convert planning context and data into a structured plan with priorities, goals and next steps. Two additional modules are announced as coming: the Analyst, which continuously reviews data to surface trends, flag risk and connect insights to existing interventions, and the Advocate, which translates data and plans into progress updates and impact reporting for families, caregivers and other stakeholders.

Packaged dashboard templates cover areas including iReady diagnostics, school demographics and attendance, IAR assessment overviews, an MTSS intervention dashboard, and per-student insight views combining academic, attendance and behavioral data. Inno integrates with existing school platforms so data updates automatically, and dashboards can be customized by layout, filter and metric — for example to track progress toward CIWP goals.

Founding story

Innovare was founded in July 2017 to address the needs of K-12 education administrators and nonprofit executives. Its founding team consists of AJ DeLeón (Co-Founder and CEO), whose two-decade career spans the nonprofit, education and philanthropic sectors including Chicago Public Schools and the Gates Foundation; Nicholas Freeman (Co-Founder and Chief Growth Officer), a former Chicago Public Schools data strategist; and Fernando DeLeón (Co-Founder and Chief Product Officer), a former Google Product Development Program Manager and Accenture management consultant.

Business model

Software-as-a-service sold to schools, districts and education-focused nonprofits, with a self-serve entry point advertised as "Start for Free" alongside a request-a-meeting sales motion. Integrations with existing school systems and reusable dashboard templates form part of the offering.

Subscription access to the Inno platform and its EdAI modules; the site promotes free entry-level access with paid platform use, though pricing tiers are not disclosed.

Traction

Reported $5M raised to date as of April 2023 and partnerships with schools and districts in California, Michigan, Illinois, Missouri, New York, Washington DC and Delaware. Customer testimonials come from Chicago-area school leaders and nonprofit organizations including EPIC Academy, MLK Academy and scaleLIT, and from the Wood Family Foundation, which cited time savings on its Chicago Public Schools work.

Latest developments

The EdAI Strategist is live inside Inno, generating structured strategic plans from a school's data and planning context, with the EdAI Analyst (real-time trend and risk surfacing) and EdAI Advocate (stakeholder communication and impact reporting) announced as coming soon. The company is hiring for Growth Strategist and Senior Product Designer roles.

Full profile — market position, technology, go-to-market, geography, history

Market position

Positions itself against conventional dashboard and reporting tools by combining data aggregation with AI-assisted strategic planning and stakeholder communication for school improvement work.

Combines cross-system data aggregation with a planning and collaboration workspace and an AI layer that produces priorities, goals and next steps, rather than delivering dashboards alone; templates are tailored to K-12 frameworks such as MTSS and CIWP goal tracking.

Technology

A web-based application that integrates with and aggregates school data systems into a single workspace, layered with EdAI, an AI/intelligence engine that analyzes patterns, synthesizes data and generates strategic plans. The 2023 roadmap described machine learning for strategic planning insights; the team includes data engineers and an AI engineer.

Go-to-market

Direct sales and demo requests via the website, self-serve free start, customer success stories from school principals and nonprofit leaders, template galleries, and a company blog. Named users and referenced partners include EPIC Academy, MLK Academy, Avalon Park, scaleLIT and the Wood Family Foundation.

K-12 school and district leadership teams — principals, instructional leadership teams, grade-level teams and support staff — plus executive directors and boards of education-focused nonprofits and philanthropies.

Geography

Headquartered in Chicago, Illinois, with school and district partners across California, Michigan, Illinois, Missouri, New York, Washington DC and Delaware. Investors include a Mexico City/Austin-based fund, and the company has cited cross-border potential and activity in Mexico City.

History

Founded in July 2017 as Innovare - Social Innovation Partners, the company built the Inno web application for aggregating and visualizing K-12 and nonprofit data. In April 2023 it announced $2M in additional seed funding, bringing total capital raised to $5M, and outlined plans to expand across major U.S. education markets, ship a new version of Inno with machine learning-driven planning insights, and launch an edtech marketplace matching educators with vetted solutions. It has since rebranded its offering as the Strategic Intelligence Platform, shipping the EdAI Strategist and developing the EdAI Analyst and Advocate modules; team materials reference building "Inno 3.0."

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJan 20238 people
Total funding raised to dateApr 2023$5M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 4

by search overlap

Companies competing with Innovare for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 2

launches, deals, and filings
Jan 2026
EdAI Strategist goes live within Inno platform

Innovare positioned itself as a 'Strategic Intelligence Platform' and made the EdAI Strategist available, which builds structured strategic plans, priorities and goals from a school's planning context and data inside the Inno workspace. EdAI Analyst and EdAI Advocate are announced as forthcoming.

source ↗

Apr 2023
Innovare raises $2M in additional seed funding

Innovare announced $2M in additional seed funding from Cleveland Avenue's CAST US fund, Dux Capital, Tawani Ventures and returning investor Portfolia's Rising America Fund, bringing total raised to $5M. Proceeds were earmarked for expansion across large U.S. education markets and a new version of the Inno app using machine learning for strategic planning insights.

$2M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Innovare do?
Chicago-based edtech company offering Inno, a data, planning and AI workspace for K-12 school leadership teams.
Who founded Innovare?
Innovare was founded by Fernando DeLeón in 2017.
Who are Innovare's investors?
Innovare's investors include Cleveland Avenue, Portfolia, Propellant Ventures, TAWANI Ventures, VamosVentures, Chingona Ventures.
How much funding has Innovare raised?
Innovare has disclosed $5M raised across 2 of its 3 known rounds.
Where is Innovare headquartered?
Innovare is headquartered in Chicago, US.