What Agorize does

Agorize is a Paris-headquartered SaaS innovation management platform that helps enterprises source, evaluate, and operationalize innovation from a global community of 10 million innovators, 2 million startups and scaleups, and 7,000+ program alumni. The platform is built around three core products — Agorize IDEA BOX (idea management), Agorize AWARDS, and Agorize INNOVATION — and an integrated five-module suite covering the full innovation lifecycle: Opportunity Hub (challenge capture and prioritization), Internal Network Match (AI-powered partner matching against CRM data), External Scout (global open innovation sourcing), Partnership Manager (governance and acceleration of pilots-to-scale), and Impact Dashboard (portfolio analytics and ROI measurement).

The company operates a dual-track model: a corporate SaaS business serving 300 enterprise clients with 1,000+ platform deployments, and a community-side flywheel that recruits startups, students, and developers into named programs such as L'Oréal Brandstorm and Schneider Go Green. AI capability is layered into matching (Internal Network Match), evaluation (AI Judge for pre-screening), and analytics (Impact Dashboard bottleneck detection). The platform is ISO 27001 and 27701 certified and recognized as a 2024 G2 Leader in idea management.

Agorize monetizes via custom enterprise SaaS subscriptions on annual billing cycles, complemented by professional services for program design, build, run, and scale, and a self-serve channel for smaller organizations. Go-to-market combines direct enterprise field sales, white-label program deployments, event-driven demand generation through flagship challenges, and strategic alliances with Accenture and AWS. As of 2024, Agorize operates as a Bloomflow company following a merger that positions the combined entity as a category leader.

Name

Agorize

Legal name

Agorize

Website

https://agorize.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

Agorize is a Paris-based SaaS innovation management platform serving 300+ enterprise clients across consumer goods, energy, banking, and government, connecting them to a 10M-member global community of startups, students, and developers to run open innovation programs from idea capture through partnership execution.

Ownership category

akta.pro rank

Product category

Innovation Management Software

NAICS

Software Publishers (5132), Computer Systems Design Services (541512)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372)

akta.pro primary industry

Legacy Application Modernization (Re-platform/Re-host/Re-factor) (BPAEAFAB)

akta.pro secondary industry

Enterprise Application Modernization (Monolith-to-Modules, Domain Modernization) (BPAEAFAG)

Keywords

• Innovation management platform
• Open innovation software
• Idea management system
• Startup scouting platform
• Corporate innovation challenges

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Platform Subscription: Agorize operates as a SaaS platform provider, deploying custom innovation management platforms for enterprise clients. Clients pay for platform deployment, configuration, and ongoing access to the innovation management suite. The company has deployed 1000+ Agorize SaaS platforms for 300 enterprise clients.
2. Program Management Services: Human intelligence support and program management services alongside the software platform. Agorize provides end-to-end innovation program design, build, run, and scale services leveraging 15 years of industry experience.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Agorize provides a cloud-based SaaS innovation management platform that enables enterprises to run open innovation programs, capture and evaluate ideas, source startups and talent, and manage innovation partnerships from pilot to scale. The platform combines five integrated modules (Opportunity Hub, Internal Network Match, External Scout, Partnership Manager, Impact Dashboard) with human intelligence services, supporting end-to-end innovation lifecycle management for 300+ enterprise clients across 1000+ deployments.

Product overview

Agorize is an innovation management SaaS platform comprising multiple integrated modules for end-to-end innovation program management. The core portfolio includes Agorize IDEA BOX (IMS) for idea management, Agorize AWARDS for awards programs, and Agorize INNOVATION for open innovation challenges. The platform is built around five interconnected modules: Opportunity Hub for capturing business challenges, Internal Network Match for AI-powered partner matching from existing CRM networks, External Scout for global startup and talent sourcing, Partnership Manager for governing partnerships from pilot to scale, and Impact Dashboard for portfolio analytics. Additional offerings include the Sustainable Innovation Label (Agorize for Good), student challenge programs, startup scouting initiatives, and hackathons. Together, these products enable enterprises to run comprehensive innovation programs connecting companies with global communities of 10 million innovators including startups, students, and developers.

Differentiator

Problem solved

Functional benefit

Brands

• Agorize IDEA BOX: Idea management software (IMS) for innovation management
• Agorize AWARDS
• Agorize INNOVATION
• Agorize For Good
• Opportunity Hub
• Internal Network Match
• External Scout
• Partnership Manager
• Impact Dashboard

Products and services

• Agorize IDEA BOX (IMS)

Quantifiable outcome

• PepsiCo reduced product launch time from 24 months to 9 months using Agorize innovation challenge programs
• +4 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and flagship.

• AccenturecoreStrategic or Co-development PartnerAccenture serves as both a major customer and strategic partner, utilizing Agorize for innovation management solutions. The partnership involves co-development of innovation programs and potentially integrated service offerings.
• AWS (Amazon Web Services)coreTechnology or IntegrationAWS provides cloud infrastructure for Agorize's SaaS platform. The partnership enables Agorize to leverage AWS services for scalable, secure cloud deployment and may include go-to-market collaboration for joint customers.
• L'OréalflagshipStrategic or Co-development PartnerLong-standing strategic partnership for L'Oréal Brandstorm, an annual global student innovation competition. Agorize powers the platform and program management for this flagship talent acquisition and innovation initiative.
• Enterprise SingaporecoreStrategic or Co-development PartnerGovernment partnership to support Singapore's national innovation ecosystem through open innovation programs and startup scouting initiatives.
• Schneider ElectricflagshipStrategic or Co-development PartnerStrategic partnership for Schneider Go Green, a global student innovation competition focused on sustainability. Agorize provides the platform for this flagship sustainability innovation program.
• BNP ParibascoreStrategic or Co-development PartnerBanking sector partnership for innovation challenge programs targeting startups and internal innovation initiatives. BNP Paribas leverages Agorize for open innovation and startup scouting.
• TotalEnergiescoreStrategic or Co-development PartnerEnergy sector partnership for innovation programs including the Startupper of the Year challenge. Agorize supports TotalEnergies' startup ecosystem engagement and innovation initiatives.
• BloomflowcoreStrategic or Co-development PartnerAgorize has become a Bloomflow company, creating the leading innovation management platform for enterprise companies and institutions. This acquisition/merger positions the combined entity as a market leader.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Wazoku: Wazoku is an enterprise innovation management software platform offering idea management, challenges, and a freelancer/innovator marketplace. It is the closest direct competitor to Agorize with similar dual-sided enterprise-plus-community SaaS model.
• Brightidea: Brightidea provides an innovation management platform covering idea submission, evaluation, and crowdsourced challenges for enterprises. It is a direct peer competing for the same enterprise innovation management budgets with similar SaaS deployment models.
• IdeaScale: IdeaScale is a pioneer in crowdsourced innovation management software serving enterprises and government agencies. It competes head-to-head with Agorize on idea management and open innovation challenges for large organizations.
• Qmarkets: Qmarkets offers enterprise innovation management software including idea management, open innovation, and technology scouting modules. It directly competes for the same enterprise procurement budgets as Agorize, with comparable module-based platform architecture.
• HYPE Innovation: HYPE Innovation provides an enterprise innovation management suite covering idea management, open innovation, and innovation portfolio management. It is a direct SaaS peer with comparable target customers and feature set to Agorize.
• Planview Spigit: Planview Spigit is an enterprise innovation management platform offering crowdsourced idea management and innovation challenges. It is owned by Planview, a larger portfolio/PPM vendor, giving it broader distribution but still competing head-to-head on core innovation management functionality.

Emerging players

• Crowdicity: Crowdicity is a lighter-weight idea management and innovation crowdsourcing platform used by mid-market enterprises. It overlaps with Agorize on idea capture and challenge management but lacks the scale of Agorize's 10M-innovator community.

Broad incumbents

• Salesforce Innovation Cloud: Salesforce offers innovation and idea management capabilities embedded within its broader CRM and Experience Cloud platforms. It represents a platform-suite competitive threat, particularly for enterprises that prefer single-vendor procurement over specialized SaaS.
• Microsoft Viva Topics / Ideas: Microsoft's Viva suite includes idea management and employee engagement features integrated with Teams and the broader Microsoft 365 ecosystem. It is a broad incumbent that bundles lightweight innovation functionality into an enterprise productivity suite.

Others

• InnoCentive (now Wazoku): InnoCentive pioneered crowdsourced open innovation challenges for enterprises and is now part of Wazoku. Listed separately because its challenge-driven open innovation heritage closely mirrors Agorize's flagship open innovation programs (Brandstorm, Go Green).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/agorize
• Facebookfacebook.com/agorize
• LinkedInlinkedin.com/company/agorize

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agorize