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InnoCentive

Description

Developer of an online platform for crowdsourcing innovation problems. The company offers a cloud based enterprise innovation management platform for building collaborative internal innovation communities to harness the collective intelligence of employees and partners. It also provides challenge programs and innovation competitions for solving problems, building and developing innovation community and sourcing new ideas.

2001

Founded

PRIVATE

Status

51-200

Employees

Series B2

Latest Deal Type

$5.13M

Latest Deal Amount

$28.9M

Total Amount Raised

Description

Developer of an online platform for crowdsourcing innovation problems. The company offers a cloud based enterprise innovation management platform for building collaborative internal innovation communities to harness the collective intelligence of employees and partners. It also provides challenge programs and innovation competitions for solving problems, building and developing innovation community and sourcing new ideas.

Website:

www.innocentive.com

Formerly Known As

STET Acquisition Corp, Innocentive Innovative

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Business/Productivity Software

Other Industries

Consulting Services (B2B)

Primary Office

245 Winter Street 2nd Floor Waltham, MA 02451United States +1 (978) 482-3300
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InnoCentive Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

InnoCentive Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

InnoCentive Investors (5)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
In-Q-TelVenture CapitalMinority000 0000000 0000
Lilly VenturesCorporate Venture CapitalMinority000 0000000 0000
Omidyar NetworkVenture CapitalMinority000 0000000 0000
SAPCorporationMinority000 0000000 0000
Spencer TraskPE/BuyoutMinority000 0000000 0000
In-Q-Tel Venture Capital
Lilly Ventures Corporate Venture Capital
Omidyar Network Venture Capital
SAP Corporation
Spencer Trask PE/Buyout

InnoCentive Executive Team (12)

NameTitleBoard
Seat
Contact
Info
Kristin ObaraActing Head of Technology and Director of Quality & Operations
Herbert London Ph.DDirector
Alpheus Bingham Ph.DFounder & Board Member
Jen-Ling LiuSenior Vice President, Client & Partners
Siobhan Gibney-GomisVice President, Business Development, Canada, Pacific Northwest & Global Nonprofits
Kristin Obara Acting Head of Technology and Director of Quality & Operations
Herbert London Ph.D Director
Alpheus Bingham Ph.D Founder & Board Member
Jen-Ling Liu Senior Vice President, Client & Partners
Siobhan Gibney-Gomis Vice President, Business Development, Canada, Pacific Northwest & Global Nonprofits

InnoCentive Board Members (6)

NameRepresentingRoleSinceContact
Info
Alpheus Bingham Ph.DInnoCentiveFounder & Board Member000 0000
Amiel KornelSpencer TraskSenior Managing Director000 0000
Barry LibertSelfAngel (individual)000 0000
Craig Jones JDSelfChief Executive Officer & Chairman000 0000
Peter CannoneSelfBoard Member000 0000
Alpheus Bingham Ph.D Founder & Board Member InnoCentive
Amiel Kornel Senior Managing Director Spencer Trask
Barry Libert Angel (individual) Self
Craig Jones JD Chief Executive Officer & Chairman Self
Peter Cannone Board Member Self
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