What CoVentured does

CoVentured is a B2B technology scouting and innovation advisory firm headquartered in Newcastle, Australia, that helps corporates, venture builders, governments and technology vendors identify and evaluate emerging technology solutions. Founded in 2017 as a spin-out from Slingshot (Australia's largest corporate accelerator) by CEO Anthony Johnston, the company has completed over 300 programs across 20 countries for clients including AstraZeneca, AXA, BP, Pfizer, PwC, BCG, Nike, IBM, Schneider Electric, Unilever, Lululemon and NSW Government.

The company's core offering centers on an AI-enabled innovation discovery platform that aggregates 15+ global databases and 100+ data sources — including patents, research, news and emerging datasets — and layers AI Search, automated shortlisting, competitor analysis, investor-portfolio search, news/trend summarization and automated PowerPoint/Excel collateral generation on top. This platform is paired with bespoke Technology Scouting & Analysis services, AI & Innovation Workshops for executive alignment, and Adviser Access to 60+ on-demand global experts. The combined model delivers expert-curated, validated insights rather than raw data lists.

CoVentured generates revenue through annual platform subscriptions with automatic renewal and through professional services engagements (bespoke research, advisory, workshops). Following its 2024 acquisition by the Ecosystm Group — a Singapore-headquartered global research and advisory business with teams across Asia, Europe and North America — CoVentured now operates as a subsidiary with expanded geographic reach, while continuing to leverage a 70+ analyst/practitioner network and a portfolio of Fortune 500 client relationships as its primary commercial assets.

Name

CoVentured

Legal name

CoVentured Pty Ltd

Website

https://coventured.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

CoVentured is an AI-enabled technology scouting and innovation advisory firm, spun out of Slingshot in 2017 and acquired by Ecosystm Group in 2024, serving corporates, governments and venture builders with platform tools, bespoke research and a 60+ expert network.

Ownership category

akta.pro rank

Product category

Technology Scouting & Innovation Advisory

NAICS

Management Consulting Services (54161), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Computer Programming Services (7371), Services-Management Consulting Services (8742)

akta.pro primary industry

Integration, API & Middleware Consulting (BPAHAEAJ)

akta.pro secondary industry

Instrumentation, Controls & Automation Engineering Consulting (BPAHAIAM)

Keywords

• Technology scouting services
• Innovation advisory
• AI discovery platform
• Competitive benchmarking
• Market intelligence

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Platform Services Subscription: CoVentured provides platform access through a subscription model where users create an account and purchase a subscription to access the platform services. Subscriptions renew automatically at the end of each subscription period.
2. Additional Services: Professional services including bespoke research scans, expert advisory, technology scouting, and AI workshops provided alongside or independent of platform access.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

CoVentured provides technology scouting and innovation advisory services that connect corporates, vendors, venture builders and governments with technology solutions globally. The offering combines bespoke technology scanning, AI and innovation workshops, on-demand expert advisory, and an AI-enabled discovery platform that aggregates 15+ global databases to identify, evaluate and benchmark technology solutions aligned with client strategic priorities.

Product overview

CoVentured offers a portfolio of innovation and technology advisory services built around an AI-enabled platform. The core offering consists of Technology Scouting & Analysis (discovering and evaluating technology solutions), AI & Innovation Workshops (executive alignment and roadmapping), Adviser Access (on-demand expert consultation), and the AI-Enabled Innovation Discovery Platform (aggregating 15+ databases with AI search, automated shortlisting, and competitor analysis). These services are delivered to corporates, venture builders, and governments to power innovation decisions, with technology options spanning software, hardware, materials, manufacturing, and services.

Differentiator

Problem solved

Functional benefit

Products and services

• Technology Scouting & Analysis Bespoke technology scanning service that discovers software, hardware, manufacturing, materials and services to solve specific business problems or create new opportunities, delivering expert-curated reports with ranked and evaluated opportunities based on strategic priorities. For corporate, vendor, venture builder and government clients.
• AI & Innovation Workshops Workshop service that helps enterprises align stakeholders around AI and innovation priorities, governance and investment, providing executive-level frameworks for AI adoption and practical roadmaps for transformation goals. For enterprise leadership teams.
• Adviser Access (On-Demand Expertise) Access to 60+ global technology, market, sector and region experts who help clients navigate technology and innovation decisions with clarity and speed, providing bespoke briefings, trend updates and guidance on testing, adopting or integrating technologies. For enterprise, venture builder and government clients.
• AI-Enabled Innovation Discovery Platform SaaS platform that aggregates multiple data sources including databases, AI tools, news, research and patents, featuring AI search, automated shortlisting, competitor analysis, investor-based search and news/trend analysis tools to discover and evaluate technology solutions. Offered on subscription to enterprise clients and internal CoVentured analysts.

Quantifiable outcome

• Saved BP Europe hundreds of thousands of Euros in time and opportunity costs
• +2 more outcomes

Named customers25 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature7 records

Partnerships

One partnership is on record.

• Ecosystm GroupcoreStrategic or Co-development Partner · 1 January 2024CoVentured was acquired by the Ecosystm Group in 2024. CoVentured is now part of the Ecosystm Group, a global research and advisory business with headquarters in Singapore and teams throughout Asia, Europe and North America. The acquisition integrated CoVentured into the Ecosystm platform.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• PitchBook: PitchBook is an established private-market data provider used by corporates for deal sourcing and competitive intelligence; it overlaps with CoVentured's investor-portfolio and competitor-discovery workflows but as a broader data subscription rather than bespoke scouting.
• Crunchbase: Crunchbase offers a widely used startup and funding database that corporates consult for vendor and partner discovery — overlapping with CoVentured's database-aggregation approach but without the human curation layer.
• Capgemini Invent: Capgemini Invent runs large corporate innovation and transformation engagements including technology scouting and venture clienting, competing for the same enterprise innovation budgets that CoVentured serves.

Direct peers

• CB Insights: CB Insights provides market intelligence and technology scouting for enterprises via an AI-driven platform covering startups, deals, and emerging tech — directly comparable to CoVentured's innovation discovery offering, and targeting a similar corporate buyer.
• Qmarkets: Qmarkets delivers enterprise software for open innovation, technology scouting, and startup collaboration, making it a comparable platform-based alternative for CoVentured's corporate clients.
• Dealroom: Dealroom aggregates global startup, scaleup, and investment data and exposes it through APIs and dashboards for enterprise innovation and corporate venture teams, overlapping closely with CoVentured's data-aggregation thesis.
• Itonics: Itonics is an enterprise platform for technology scouting, trend management, and innovation pipeline management used by large corporates — closely aligned with CoVentured's platform and advisory offering.
• Wazoku: Wazoku provides an enterprise innovation management platform combining idea management, technology scouting, and challenge-driven sourcing — directly adjacent to CoVentured's scouting and shortlisting workflow.
• StartUs Insights: StartUs Insights runs an AI-enabled startup discovery and innovation scouting platform used by corporates to identify emerging technologies and partners, mirroring CoVentured's core scouting workflow.
• Inven: Inven uses AI to surface M&A targets, niche companies, and emerging technologies for corporate development and innovation teams — a comparable use case to CoVentured's automated shortlisting and competitor discovery features.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/coventured_

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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 CoVentured