InnoCentive
Valuation
$8.9M
2021 Revenue
$3M
Customers
380K
Funding
$30.3M
Avg ACV
$8
Team
37
Founded
2001
How InnoCentive CEO Craig Jones grew InnoCentive to $3M revenue and 380K customers 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. Since its launch in 2001, InnoCentive has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2021 | InnoCentive Hit $3m revenue in April 2021 |
| 2001 | Launched with $0 revenue |
InnoCentive Valuation, Funding Rounds
InnoCentive's most recent disclosed valuation is $8.9M.
InnoCentive has raised $30.3M in total funding across 4 rounds, with its most recent round in 2011.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2011 | Funding round | $7.5M | - | - |
| 2009 | Funding round | $7.3M | - | - |
| 2008 | Funding round | $6.5M | - | - |
| 2006 | Funding round | $9M | - | - |
InnoCentive Employees & Team Size
InnoCentive employs approximately 37 people as of 2026.
InnoCentive has 37 total employees in different roles and functions and 2 sales reps that carry a quota. They have 380K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 37 employees (April 2021) |
Founder / CEO
Craig Jones
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how InnoCentive acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about InnoCentive
What is InnoCentive's revenue?
InnoCentive generates $3M in revenue.
Who founded InnoCentive?
InnoCentive was founded by Craig Jones.
Who is the CEO of InnoCentive?
The CEO of InnoCentive is Craig Jones.
How much funding does InnoCentive have?
InnoCentive raised $30.3M.
How many employees does InnoCentive have?
InnoCentive has 37 employees.
Where is InnoCentive headquarters?
InnoCentive is headquartered in Waltham, Massachusetts, United States.
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Compare InnoCentive to the industry
InnoCentive operates across multiple industries. Browse revenue, funding, and growth data for InnoCentive in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .