About Innovel Solutions
Innovel Solutions is a Transportation, Automotive & Logistics company based in Hoffman Estates (United States) founded in 2014, and was acquired by Costco in March 2020. Provider of logistics services. Its focus areas include Transportation and Logistics, Trucking, Truck Load Carriers and Warehousing.
Company details
Innoval Solutions was founded in 2014 and is headquartered in Hoffman Estates, United States. Operations are centered on logistics within the transportation and supply chain sector. Services include supply chain management, transportation coordination, and distribution support for various clients. The company maintains its online presence through the domain innovelsolutions.com, with activities primarily conducted in the domestic market.
- Headquarters Hoffman Estates, United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website innovelsolutions.com
- Social LinkedIn
- Acquired by Costco (Mar 2020)
Investors in Innovel Solutions
Innovel Solutions has secured backing from 1 investor. Prominent investors backing the company include Costco.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Electronics, appliances, and various goods are retailed through membership warehouses. | 1976 | costco.com | Seattle, United States |
Investor details for Innovel Solutions
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Timeline of Innovel Solutions
2 dated milestones of Innovel Solutions across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Innovel Solutions is founded.
- Exit Acquired by Costco.
Top companies in Warehousing
3 companies that operate in the same segment as Innovel Solutions (Warehousing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Lineage is recognized as a leader in cold storage and logistics solutions. | 2012 | Novi, Michigan, United States | USD 5.03 B | USD 5.36 B | 26,000 | |
Freight shipping, logistics, and supply chain solutions are provided globally. | 1935 | Green Bay, Wisconsin, United States | USD 5.67 B | 19,400 | ||
Marketplace for self-storage units is provided to customers. | 1972 | Los Angeles, California, United States | USD 4.82 B | 5,900 |
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Related news about Innovel Solutions
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Frequently Asked Questions about Innovel Solutions
Innovel Solutions was founded in 2014.
Innovel Solutions is headquartered in Hoffman Estates, United States. It is registered at Hoffman Estates, Illinois, United States.
Innoval Solutions was founded in 2014 and is headquartered in Hoffman Estates, United States. Operations are centered on logistics within the transportation and supply chain sector. Services include supply chain management, transportation coordination, and distribution support for various clients. The company maintains its online presence through the domain innovelsolutions.com, with activities primarily conducted in the domestic market.
Innovel Solutions has 1 investor. Key investors include Costco.
Yes. Innovel Solutions was acquired by Costco in March 2020.

