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Oslo, Oslo, Norway
Induct Software; founded in 2007, is an Oslo, Norway based company specialized in Innovation Management. Inspired by Dr. Henry Chesbrough's groundbreaking research on Open Innovation.
Last updated
In 2020, Induct's revenue reached $1M. Since its launch in 2007, Induct has shown consistent revenue growth.
Induct reached a $3.1M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $3.1M | - |
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Induct yet.
Induct employs approximately 11 people as of 2026.
Induct generates $1M in revenue.
Induct was founded by Alf Martin Johansen.
The CEO of Induct is Alf Martin Johansen.
Induct raised $0.
Induct has 11 employees.
Induct is headquartered in Oslo, Oslo, Norway.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$3.1M
2020 Revenue
$1M
Funding
$0
Team
11
Founded
2007
| Year | Milestone | Source |
|---|---|---|
| 2020 | Induct Hit $1m revenue in August 2020 | |
| 2007 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 11 employees (August 2020) |
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