InnoCentive

company

About

InnoCentive is an open innovation company that crowdsources commission research and development problems.

  • 51 - 100

Details

Last Funding Type
Series B
Last Funding Money Raised
$6.50M
Industries
Collaboration,Crowdsourcing,Enterprise Software,Software
Founded date
Jan 1, 2001
Number Of Employee
51 - 100
Operating Status
Active

InnoCentive is the global leader in crowdsourcing innovation problems to the world’s smartest people who compete to provide ideas and solutions to important business, social, policy, scientific, and technical challenges.

Their global network of millions of problem solvers, proven challenge methodology, and cloud-based innovation management platform combine to help their clients transform their economics of innovation through rapid solution delivery and the development of sustainable open innovation programs.

For more than a decade, leading organizations such as AARP Foundation, Air Force Research Labs, Booz Allen Hamilton, Cleveland Clinic, Eli Lilly & Company, EMC Corporation, NASA, Nature Publishing Group, Procter & Gamble, Scientific American, Syngenta, The Economist, Thomson Reuters, and several government agencies in the U.S. and Europe have partnered with InnoCentive to rapidly generate innovative new ideas and solve problems faster, more cost effectively, and with less risk than ever before.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$6.50M
InnoCentive has raised a total of $6.50M in funding over 2 rounds. Their latest funding was raised on May 7, 2008 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 7, 2008 Series B $6.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
InnoCentive is funded by 1 investors. SAP are the most recent investors.
Investor Name Lead Investor Funding Round
SAP Series B