Spigit

What Spigit does

Spigit, founded in 2006 and headquartered in San Francisco, is an innovation management software company that enables organizations to capture, evaluate, and advance ideas from employees, partners, and customers through crowdsourced ideation. The company was acquired by Planview and now operates as Planview IdeaPlace, sitting within Planview's broader portfolio and work management suite alongside products such as Planview Portfolios, Planview AdaptiveWork, and Planview ProjectPlace.

The core product is a cloud-based innovation management platform built around challenge-based ideation, voting, and idea-to-execution workflows. Its technical differentiators include natural language processing-based Smart Idea Consolidation, Trends & Sentiment Analysis, and a Pairwise Idea Ranking algorithm, with embedded Microsoft Power BI dashboards and ML-powered analytics for executive reporting. Supporting features include TeamTap (self-service challenge creation), Idea Workflow Automation, and integration with BI tools (Tableau, Excel) and delivery systems (Jira, Azure DevOps, ServiceNow) via Planview Hub. The platform holds SOC 2 Type II certification and is GDPR and CCPA compliant, and is reported to have millions of users globally across enterprise customers such as Guardian Financial Group, a global healthcare corporation, Polaris Industries, and Bayer.

The business runs on a SaaS subscription model with quote-based enterprise direct sales, targeting transformation offices, finance, R&D, and enterprise PMOs as primary buyer functions. Distribution is handled through Planview's enterprise field sales motion and a Resource Partner channel, with marketing emphasis on thought leadership content, customer case studies, and on-demand product demonstrations. Pricing is not publicly disclosed. The product roadmap and feature investment are now driven by Planview's broader portfolio strategy rather than by Spigit as an independent entity.

Name

Spigit

Website

https://spigit.com

Company type

Private

Founded year

2006

Operating status

Acquired

Headcount range

101–250 employees

Short description

Spigit, now operating as Planview IdeaPlace, provides an enterprise SaaS innovation management platform that uses crowdsourced ideation, NLP-based idea consolidation, and sentiment analysis to help large organizations capture and advance ideas from idea through to execution.

Ownership category

akta.pro rank

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription Licensing: Cloud-based software-as-a-service model offering innovation management capabilities through subscription licensing. Part of the broader Planview portfolio of portfolio and work management solutions.

Distribution channels3 records

Marketing channels7 records

Core offering

Planview IdeaPlace (formerly Spigit) is a cloud-based innovation management software platform that enables enterprises to crowdsource, evaluate, and advance ideas from employees, partners, and customers. The platform uses natural language processing to consolidate comparable ideas, identify trends and sentiment, and rank concepts through gamified challenges and voting. It connects ideation outputs directly into Planview's portfolio and work management solutions to move ideas from selection through execution.

Product overview

Spigit operates as Planview IdeaPlace, a comprehensive innovation management platform that is part of Planview's broader portfolio and work management suite. The core offering is Planview IdeaPlace (formerly Planview Spigit), which provides crowdsourced ideation, challenge management, and innovation analytics capabilities. It connects to other Planview products including Planview Portfolios for strategic portfolio management, Planview AdaptiveWork for project execution, and Planview ProjectPlace for collaborative work management. Key capabilities include TeamTap for democratized ideation, natural language processing for idea consolidation and sentiment analysis, and Microsoft Power BI integration for executive reporting. The platform enables organizations to unify innovation activity into a single value delivery ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• Planview IdeaPlace (formerly Planview Spigit) Cloud-based innovation management software that enables enterprises to crowdsource, evaluate, and advance ideas from employees, partners, and customers. It unifies enterprise and lean innovation in a single application with natural language processing for idea consolidation and sentiment analysis, gamified challenges, and direct connectivity to Planview portfolio and work management solutions for idea-to-execution workflow.

Quantifiable outcome

• Implementation time reduced from 3-6 months to weeks
• +1 more outcomes

Named customers4 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

Integration4 records

AI capability3 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Microsoft (Power BI)coreTechnology or IntegrationDeep integration with Microsoft Power BI for embedded analytics, dashboards, and ML-powered reporting within the Planview IdeaPlace innovation management platform.
• Atlassian (Jira)coreTechnology or IntegrationIntegration through Planview Hub for connecting Atlassian Jira with Planview solutions including IdeaPlace for end-to-end traceability from idea to execution.
• Microsoft (Azure DevOps)coreTechnology or IntegrationIntegration through Planview Hub for connecting Microsoft Azure DevOps with Planview solutions enabling idea-to-delivery workflow.
• Planview Resource PartnersminorChannel Partner/ Reseller/ DistributorPartner program for resellers and consultants who help deploy and optimize Planview solutions including IdeaPlace innovation management software.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Brightidea: Brightidea is a pure-play enterprise innovation management platform offering crowdsourced ideation, idea submission, evaluation, and workflow automation — a direct head-to-head competitor to Planview IdeaPlace (Spigit) for enterprise innovation programs.
• IdeaScale: IdeaScale provides crowdsourced innovation management software for enterprises and government agencies, with similar challenge management, voting, and review workflows that compete directly against Planview IdeaPlace.
• HYPE Innovation: HYPE Innovation is an established innovation management suite covering ideation, portfolio management, and idea-to-execution — overlapping heavily with Planview IdeaPlace in target buyer (innovation/strategy leaders) and core feature set.
• InnovationCast: InnovationCast is a niche innovation management platform with crowdsourced ideation and collaboration features targeting mid-market and enterprise customers — closely comparable in functionality to Planview IdeaPlace.
• Planbox: Planbox delivers an AI-powered innovation management platform with idea capture, evaluation, and execution tracking — directly competing with Planview IdeaPlace in enterprise crowdsourced innovation.
• Qmarkets: Qmarkets offers an enterprise innovation management suite including idea management, open innovation, and technology scouting — a comparable direct competitor serving similar enterprise innovation teams as Planview IdeaPlace.

Broad incumbents

• Medallia: Medallia is a broad experience management platform whose crowdsourcing and idea-management capabilities overlap with Planview IdeaPlace at the high end of the enterprise market — an incumbent that occasionally competes for innovation program budgets.
• Salesforce: Salesforce's broader CRM and AppExchange ecosystem (including ideation and idea-zone style apps) overlaps with Planview IdeaPlace as an alternative path for enterprise innovation programs embedded inside a wider platform of record.
• Microsoft (Viva): Microsoft Viva Topics/Engagement and the broader Microsoft 365 ecosystem (closely partnered with Planview IdeaPlace via Power BI) represent both an integration partner and an emerging platform-level competitor for employee-driven ideation within the enterprise stack.

Emerging players

• Miro: Miro is a collaborative whiteboard platform increasingly used for lightweight ideation, brainstorming, and innovation workshops, intersecting Planview IdeaPlace in the collaboration layer with AI-augmented synthesis features.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Spigit
• YouTubeyoutube.com/c/PlanviewSolutions
• Facebookfacebook.com/Spigit-119546181414
• LinkedInlinkedin.com/company/spigit
• Instagraminstagram.com/lifeatplanview

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds9 records

Investors3 records

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

M&A2 records

Investments

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

Frequently asked questions about Spigit