InnoCentive
Waltham, Massachusetts, United States
2021 Revenue
$3M
Customers
380K
Funding
$30.3M
Avg ACV
$8
Team
37
Founded
2001
InnoCentive Revenue & Funding (2021)
InnoCentive generated $3M in revenue in 2021.
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.
Last updated
InnoCentive Revenue
In 2021, InnoCentive's revenue reached $3M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | InnoCentive Hit $3m revenue in April 2021 | Not recorded |
| 2001 | Launched with $0 revenue |
InnoCentive Valuation, Funding Rounds
InnoCentive has not publicly disclosed its valuation. The company has raised $30.3M in total funding to date.
InnoCentive has raised $30.3M in total funding across 4 rounds, with its most recent round in 2011.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2011 | Funding round | $7.5M | - | - | Not recorded |
| 2009 | Funding round | $7.3M | - | - | Not recorded |
| 2008 | Funding round | $6.5M | - | - | Not recorded |
| 2006 | Funding round | $9M | - | - | Not recorded |
Founder / CEO
Craig Jones
CEO
A pioneer in crowdsourced innovation, InnoCentive is the world’s leading Open Innovation marketplace. We help innovative organizations accelerate R&D, innovation, data mining & forecasting and collaborative design outcomes with our OneSmartCrowd of 500,000 global Solvers.
Customers
InnoCentive serves 380K customers.
InnoCentive Employees & Team Size
InnoCentive employs approximately 37 people as of 2026, including 2 sales reps that carry a quota. It serves 380K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 37 employees (April 2021) | Not recorded |
Frequently Asked Questions about InnoCentive
Who owns InnoCentive?
InnoCentive is owned by Wazoku, which acquired it.
What is InnoCentive's revenue?
As of 2021, InnoCentive generated $3M in revenue.
Who founded InnoCentive?
InnoCentive was founded by Craig Jones.
When was InnoCentive founded?
InnoCentive was founded in 2001.
How much funding does InnoCentive have?
InnoCentive raised $30.3M across 4 rounds.
How many employees does InnoCentive have?
As of 2021, InnoCentive had 37 employees.
Where is InnoCentive headquartered?
InnoCentive is headquartered in Waltham, Massachusetts, United States.
Compare InnoCentive to the industry
InnoCentive operates across multiple industries. Browse revenue, funding, and growth data for InnoCentive in each sector below.
Data and Sources
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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