Founded in the year 2011, Agorize is the best online platform for open innovation challenges.
It facilitates Open Innovation practice by connecting businesses and organizations with creative innovators from different parts of the world through its platform. Making use of its Open Innovation SaaS (Software as a Service), clients can launch, manage and popularise innovation challenges to an active community of five million innovators all over the world including students, developers, startup, designers, and so on. Headquartered in Paris, the company has more than 200 clients on-board around the globe, serving world-famous companies like Schneider Electric, Amazon Web Services, Singapore Airlines, Enterprise Singapore, Schneider Electric, LVMH Fashion Group.
Singapore-based online platform for Open Innovation challenges Agorize has declared that it has managed to raise a whopping amount of US$ 14.6 million in Series B funding led by Creadev. Other investors in the round were Sofiouest, Capnamic Ventures, and Iris Capital. As far as utilization of the funds is concerned, Agorize will use the money to step up its international growth and meet the demand from corporate companies for Open Innovation solutions. The company further stated that the funds raised would allow them to consolidate their Open Innovation leadership by boosting international growth, improving technology, and strengthening the community. Last but not least, with the completion of this round, Agorize has raised up to US$19 million since the very inception of the startup in Paris.
Offerings At A Glance
First of all, Agorize features an active community of five million innovators universally amongst which are students, startups, developers as well as employees. Shedding light on the prime purpose of Agorize, it aims to recruit the best talent by challenging students globally and gives a significant boost to innovation with inordinately experienced developers. Besides that, it helps businesses efficaciously source startups and sign the right partnerships. In addition to that, Agorize specializes in Collaborative Marketing, Open Innovation, Talent Acquisition, Digital Transformation, Startup Crowdsourcing, Employer Branding, and Intrapreneurship.
The Road Map
In a nutshell, Agorize helps enterprises to innovate and identify varied talents by connecting them with a worldwide community of millions of trailblazers. Not just that, it supports the transformation and agility requirements of big corporates such as speeding up their innovation development and bringing about a shift in company culture. Until now, Agorize has opened offices in Germany, Singapore, Canada, Hong Kong, and Japan.
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