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Innodata is a global data engineering company that provides AI-enabled software platforms and managed services to create high-quality training data and data pipelines for AI. It combines proprietary software with a global network of over 5,000 subject-matter experts to collect, create, annotate, and validate data, and it also offers synthetic data generation and end-to-end AI lifecycle services. The DDS segment drives most revenue, with Synodex and Agility supporting healthcare data and media monitoring. Its goal is to deliver reliable, safe, and effective datasets and AI lifecycle solutions across industries including technology, finance, insurance, and government.
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Hackensack, New Jersey
Founded
1988
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Digital training opens jobs for women. ELEVATE AIDA empowers women to master data annotation and digital skills through a flexible blend of live and self-paced online modules designed to fit around their household and community commitments. / Contributed Published on: Apr 19, 2026, 4:11 am ABOITIZ Foundation, the corporate social responsibility arm of the Aboitiz Group, has strengthened pathways to digital employment for Filipino women trained in data annotation through Elevate Artificial Intelligence Data Annotation (Aida), its flagship program, by partnering with Innodata Knowledge Services Inc... Under the collaboration, Innodata will engage qualified graduates of Elevate Aida in AI-related work while contributing to the continuous alignment of training with evolving industry standards. This ensures women gain not only skills but also opportunities to apply them in real-world settings. "Innodata's support and engagement will significantly advance our shared goal of empowering women through digital upskilling and access to meaningful employment," said Ginggay Hontiveros-Malvar, president of Aboitiz Foundation. "This is about creating a clear and sustainable path from learning to earning." Building digital skills Elevate Aida equips women with data annotation skills, a foundational process that enables artificial intelligence systems to recognize images, understand language and improve decision-making. These functions power everyday technologies such as online search, e-commerce and digital assistants. Designed for accessibility, the program combines live sessions with self-paced online modules, allowing participants to balance training with household and community responsibilities. The approach aims to remove barriers that often limit women's participation in digital work. Expanding nationwide reach With a goal of training 300,000 women nationwide, Elevate Aida has reached communities from Ifugao to Basilan and prepared participants for remote work opportunities. Connected Women, the program's implementing partner, continues to deliver training and support participants as they transition into the digital workforce. "This partnership aligns with our commitment to inclusive growth while strengthening our talent pipeline in the AI space," said Jemima Villa, country head of Innodata. Aboitiz Foundation plans to expand the program through Aida+, which will introduce training in high-growth areas such as virtual assistance, data analysis and digital content creation. The expansion aims to widen access while deepening collaboration with industry partners. By aligning skills development with employment opportunities, the initiative shows how partnerships can create inclusive pathways to the future of work, enabling women to contribute to their families, communities and the broader digital economy. YOU MAY LIKE
Innodata has raised $120 million in a Series C round led by Ribbit Capital, valuing the AI startup at $1.45 billion. Sequoia, Kleiner Perkins and newcomer Emerson Collective participated in the funding. The pre-revenue company, co-founded by Robinhood CEO Vlad Tenev, is developing "Mathematical Superintelligence" that eliminates AI hallucinations by requiring outputs in verifiable Lean4 programming language. Its Aristotle model achieved top performance at the International Mathematical Olympiad in July. Founded in 2023, Harmonic has raised $295 million across three rounds in 14 months. The company offers Aristotle via free API and plans future commercialisation in safety-critical sectors like aerospace and finance, where accuracy is paramount.
Innodata has raised its revenue 48% year over year to $251.7 million in 2025, whilst pursuing a hybrid AI strategy that combines human expertise with automation and synthetic data generation. Fourth-quarter revenue reached $72.4 million, up 22% year over year, with adjusted EBITDA of $57.9 million for the full year. The company provides AI data engineering and lifecycle services supporting large language model development and optimisation. Management expects the hybrid approach to improve operating leverage as automation tools and evaluation platforms scale, reducing reliance on labour-intensive processes whilst supporting gross margin expansion. Innodata faces competition from C3.ai, which focuses on enterprise AI software platforms, and Palantir Technologies, whose Foundry and AIP platforms support AI model development and deployment across complex workflows.
Innodata, a data annotation company valued at approximately $1.5 billion, has surged over 720% in the past five years and presents significant growth potential. The company provides data preparation services for AI applications, with at least five of the Magnificent Seven tech companies using its platform. Innodata's revenue quadrupled from $56 million in 2019 to $252 million in 2025, whilst adjusted EBITDA reached $58 million in 2025, up 68% year-over-year. Analysts expect revenue and adjusted EBITDA to grow at compound annual growth rates of 31% and 19%, respectively, from 2025 to 2027. The company trades at four times this year's sales and maintains strong financials, including $82 million in cash and a low debt-to-equity ratio of 0.6, positioning it for continued expansion.
Innodata Inc reported fourth-quarter earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.21 per share and representing a 19% earnings surprise. The company posted revenues of $72.38 million for the quarter ended December 2025, surpassing estimates by 4.18% and up from $59.18 million a year ago. The engineering research and development services company has now exceeded consensus earnings and revenue estimates for four consecutive quarters. Despite the strong results, Innodata shares have declined 9.3% year-to-date, underperforming the S&P 500's 1.5% gain. The company currently holds a Zacks Rank of Hold, suggesting shares are expected to perform in line with the market. Analysts estimate earnings of $1.12 per share on revenues of $313.25 million for the current fiscal year.
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Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Healthcare
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Hackensack, New Jersey
Founded
1988
Find jobs on Simplify and start your career today