When was Innovative Solutions founded?

Innovative Solutions was founded in 1997 and raised its 1st funding round 25 years after it was founded.

Where is Innovative Solutions located?

Innovative Solutions is headquartered in West Henrietta, United States.

How many employees does Innovative Solutions have?

As of Oct 28, 2025, the latest employee count at Innovative Solutions is 743.

Is Innovative Solutions a funded company?

Innovative Solutions is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Feb 2022.

When was the latest funding round of Innovative Solutions?

Innovative Solutions' latest funding was a $***** PE round on Feb 2022, with participation from 1 investor.

Where does Innovative Solutions rank among its competitors?

Innovative Solutions ranks 530th amongst 111648 active competitors, of which 931 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Accenture, which secured an undisclosed amount in Mar, 2024.

Who are the top competitors of Innovative Solutions?

Innovative Solutions' top competitors include UST, Hewlett Packard Enterprise and Mindtree. Among them, Accenture secured the most recent funding round in March, 2024.

Innovative Solutions - 2026 Company Profile, Funding & Competitors

Company Details

Website: innovativesol.com
Social

Key Metrics

Founded Year

1997

Location

West Henrietta, United States

Stage

Acquired

Latest Funding Round

PE, Feb 2022, $*****

Investors

Guidepost Growth Equity & 1 more

Ranked

530^th among 111648 active competitors

Employee Count

743 as on Oct 28, 2025

Similar Companies

UST & 135298 more

Exit Details

Acquired by Speakln (Feb 09, 2024)

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Innovative Solutions got acquired by Speakln on Feb 09, 2024.

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Innovative Solutions has raised funding over 1 round. Its latest funding round was a PE round on Feb 2022 for $*****. 1 investor participated in its latest round. Innovative Solutions has 2 institutional investors.

Here is the list of recent funding rounds of Innovative Solutions:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 2022	1312893	PE	3364753	7086348	7474781	7159222

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View details of Innovative Solutions's funding rounds and investors

Innovative Solutions' employee count trend

Innovative Solutions has 743 employees as of Oct 25. Here is Innovative Solutions's employee count trend over the years:

Employee count trend for Innovative Solutions

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Top competitors of Innovative Solutions include UST, Hewlett Packard Enterprise and Mindtree. Here is the list of Top 10 competitors of Innovative Solutions, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	80/100
2nd	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 2 others	80/100
3rd	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Capital Group ... & 9 others	79/100
4th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	78/100
5th	Happiest Minds 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 40 others	76/100
6th	Infosys 1981, Bengaluru (India), Public	Provider of digital marketing, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
7th	EPAM 1993, Newtown (United States), Public	Provider of software development, data analytics, and other IT suite services	$50M	Merifin Capital, RTP Global & 8 others	74/100
8th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
9th	Thoughtworks 1993, Chicago (United States), Public	Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors	$748M	Mubadala, GIC & 6 others	72/100
10th	Genpact 1997, New York City (United States), Public	Provider of end-to-end business process outsourcing services	-	Brighton Park Capital, Nalanda Capital & 3 others	71/100
530th	Innovative Solutions 1997, West Henrietta (United States), Acquired	Provides application development and IT security services	-	Colpatria Capital, Guidepost Growth Equity	50/100