About InnovaPrep
InnovaPrep is a company based in Drexel (United States) founded in 2009.. InnovaPrep has raised $2.71 million across 5 funding rounds from investors including HHS. InnovaPrep has completed 1 acquisition, including Clara Bio. InnovaPrep operates in a competitive market with competitors including AliveDx, Monash BioTech, Ackley Machine, Eigengran and Vitro Pharma Machinery, among others.
- Headquarter Drexel, United States
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Innovaprep, Llc
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Funding Insights of InnovaPrep
InnovaPrep has successfully raised a total of $2.71M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $100 thousand completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $100,000
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First Round
First Round
(19 Sep 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2025 | Amount | Series A - InnovaPrep | Valuation |
investors |
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| Mar, 2020 | Amount | Series A - InnovaPrep | Valuation |
investors |
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| Sep, 2018 | Amount | Series A - InnovaPrep | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in InnovaPrep
InnovaPrep has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HHS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by InnovaPrep
InnovaPrep has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Clara Bio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Exosome isolation and purification platform is provided for biopharma applications.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - InnovaPrep
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Innovaprep Comparisons
Competitors of InnovaPrep
InnovaPrep operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AliveDx, Monash BioTech, Ackley Machine, Eigengran and Vitro Pharma Machinery, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Develops diagnostic tools for labs in autoimmune, allergy, and blood bank testing.
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| domain | founded_year | HQ Location |
Produces high-quality micropipettes for precise cell sampling and control.
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| domain | founded_year | HQ Location |
Manufactures machinery for tablet printing, laser drilling, and vision inspection.
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| domain | founded_year | HQ Location |
AI solutions for cognitive control in oral solid dosage manufacturing.
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| domain | founded_year | HQ Location |
Manufactures machinery for pharmaceutical, chemical, food, and dairy sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Innovaprep
Frequently Asked Questions about InnovaPrep
When was InnovaPrep founded?
InnovaPrep was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is InnovaPrep located?
InnovaPrep is headquartered in Drexel, United States. It is registered at Drexel, North Carolina, United States.
Is InnovaPrep a funded company?
InnovaPrep is a funded company, having raised a total of $2.71M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.11M, raised on Sep 19, 2011.
What does InnovaPrep do?
InnovaPrep was established in 2009 and is based in Drexel, United States. Operations center on the microbiology sector, where tools for sample preparation are developed to enhance sensitivity and streamline concentration processes for downstream analyses. Products such as concentrating pipettes, large volume concentrators, air samplers, and custom solutions for specific applications are offered. Focus remains on efficient sample handling in research environments.
Who are the top competitors of InnovaPrep?
InnovaPrep's top competitors include AliveDx, Monash BioTech and Ackley Machine.
How many acquisitions has InnovaPrep made?
InnovaPrep has made 1 acquisition, including Clara Bio.
Who are InnovaPrep's investors?
InnovaPrep has 1 investor. Key investors include HHS.