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.