Agorize
Agorize is a technology company.
Financial History
Agorize has raised $18.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Agorize raised?
Agorize has raised $18.0M in total across 2 funding rounds.
Agorize is a technology company.
Agorize has raised $18.0M across 2 funding rounds.
Agorize has raised $18.0M in total across 2 funding rounds.
Agorize has raised $18.0M in total across 2 funding rounds.
Agorize's investors include Capnamic Ventures, Iris Capital, Tim Ringel.
Agorize is a SaaS technology company providing an end-to-end innovation management platform that connects enterprises with a global community of 10 million innovators, startups, students, and talent to scout ideas, run challenges, hackathons, and accelerate digital transformation.[1][2][4][5] It serves over 300 enterprise clients like L’Oréal, Bayer, Total Energies, Sanofi, and Hitachi, as well as conferences such as VivaTech, by offering tools for ideation, talent recruitment, startup scouting, and AI-powered program management, with 7,000+ programs launched and support from 100 employees across Paris, London, Singapore, Hong Kong, and Tokyo.[1][2][4] The platform solves key corporate challenges in innovation by enabling seamless idea assessment, collaborative evaluation, skills matchmaking, and integration with internal systems via secure APIs, driving tangible results from concept to implementation.[2][3][6]
Founded in 2011 as a startup focused on enabling companies to launch innovation competitions, calls for ideas, and hackathons, Agorize evolved into a global SaaS leader in innovation and idea management.[1][4] Key milestones include rapid growth to serve 200+ clients by 2019 with an 80-person team and a community of 5 million innovators; a 2018 financing round to expand in Europe, Asia, and North America; and a 2021 shift to a SaaS model with a new leadership team of internal veterans and external experts experienced in large-scale transformations.[4] By 2022, it had run about 1,000 challenges, and today it powers programs for major events like VivaTech since 2017, with CEO Christophe Pingard highlighting its role in forging ecosystem alliances.[1][4]
Agorize rides the wave of open innovation and corporate digital transformation, where enterprises increasingly rely on external ecosystems for AI-driven solutions, talent scouting, and rapid ideation amid competitive pressures.[1][2][6] Its timing aligns with surging demand for hybrid online-offline (O2O) programs at events like VivaTech and SWITCH, amplified by post-pandemic remote collaboration needs and AI adoption, as seen in partnerships like Microsoft's AI initiatives.[1][4][6] Market forces favoring Agorize include the shift to SaaS scalability, regulatory demands for secure data handling, and the need for collective intelligence in fragmented innovator pools, positioning it to influence ecosystems by bridging corporations, governments, startups, and academia for societal progress.[2][3][4]
Agorize is poised to expand as a Bloomflow company, enhancing its enterprise platform with deeper AI integrations for faster scouting and deployment, targeting growth in AI transformations and global programs.[5][6] Trends like generative AI proliferation, hybrid work, and ESG-focused innovation will shape its trajectory, potentially scaling its 10-million community further amid rising corporate innovation budgets. Its influence may evolve from challenge organizer to indispensable transformation partner, solidifying leadership in a maturing SaaS market and delivering sustained impact for clients worldwide.
Agorize has raised $18.0M across 2 funding rounds. Most recently, it raised $15.0M Series B in March 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2019 | $15.0M Series B | Capnamic Ventures, Iris Capital, Tim Ringel | |
| Nov 1, 2014 | $3.0M Series A | Capnamic Ventures, Iris Capital, Tim Ringel |