Ideawake logo — Empowering innovation leaders with tools to transform employ...

Ideawake

Empowering innovation leaders with tools to transform employees into innovators and their ideas into measurable impact.

Founded 2013 United States Milwaukee, United States 7 employees Seed Total: $2.13M IT, Information Technology +1

General Information

Company Name Ideawake
Founded Year 2013
Location United States Milwaukee, United States
Employees 7
Industries IT, Information Technology, SaaS
Funding Stage Seed
Business Model SaaS, B2B, Platform
Revenue Model Subscription, Usage Based, Service Fee
Social

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About Ideawake

Ideawake, founded in 2013, is a promising player in the IT and SaaS industries, demonstrating significant potential in the innovation management sector. Headquartered in the United States, Ideawake has carved out a substantial international presence, operating in over 39 countries and 185 cities. The company leverages its platform to maximize the ROI of crowdsourcing ideas from employees, customers, and partners, focusing on transforming these ideas into measurable impact efficiently.

With its mission encapsulated in the slogan, "Empowering innovation leaders with tools to transform employees into innovators and their ideas into measurable impact," Ideawake is keen on enhancing innovation culture within organizations. The platform supports various innovation activities, such as challenges and hackathons, simplifying and accelerating the journey from idea inception to realized solutions. Notable clients, including SiriusXM, Epson, and HP, have deployed Ideawake for cost-effective problem-solving.

The company last secured a $1.00M Seed investment from HealthX Ventures on 01 February 2022, signaling continued investor confidence and supporting its growth trajectory.

Business keywords: innovation management, idea management, crowdsourcing, employee innovation, ROI optimization, innovation programs, hackathons, suggestion programs, open innovation, idea evaluation, enterprise innovation, innovation challenges, impact measurement, corporate innovation

Services & Products

Idea Collection
Idea Evaluation
Innovation Challenges
Collaboration Tools
ROI Tracking
Customizable Workflows
Feedback Mechanisms
Engagement Analytics

Target Customers

Innovation Managers Corporate Teams Organizational Leaders Strategy and Transformation Managers

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Seed $1.00M 1
HealthX Ventures
01 Feb 2022
Seed $780.00K 1
BrightStar Wisconsin Foundation
01 Jul 2019
Seed $100.00K 1
Aurora
01 Sep 2018
Seed $100.00K -
01 May 2018
Angel $50.00K -
01 Feb 2018
Seed Undisclosed 1
gener8tor
01 Nov 2017
Early VC $100.00K -
01 Jan 2014

Ideawake Alternatives & Competitors

View All Alternatives
Ideawake vs
ENDVR
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Ideawake vs

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FAQ About Ideawake

Empowering innovation leaders with tools to transform employees into innovators and their ideas into measurable impact.
Ideawake was founded in 2013.
Ideawake is headquartered in Milwaukee, United States.
Ideawake operates in IT, Information Technology and SaaS. Its work centres on innovation management, idea management, crowdsourcing and employee innovation. Its customers include Innovation Managers, Corporate Teams and Organizational Leaders.
Ideawake has a SaaS, B2B and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Ideawake has approximately 7 employees.
Ideawake has completed 7 funding rounds, raising a total of $2.13M. The latest funding stage is Seed.
Ideawake offers: Idea Collection, Idea Evaluation, Innovation Challenges, Collaboration Tools, ROI Tracking, Customizable Workflows, Feedback Mechanisms, Engagement Analytics.
Top alternatives and competitors to Ideawake include ENDVR, Hypha Knowledge Integration, HYPE Boards, Boston Consulting Group (BCG), Sideways 6. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ideawake and ENDVR are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Ideawake, https://bouncewatch.com/company/ideawake, updated 23 March 2026. When citing, please name BounceWatch and link this page.

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