About Sopheon
Sopheon is a company based in Bloomington (United States) founded in 1993 was acquired by Wellspring in February 2024. Sopheon has raised $100.1 thousand across 2 funding rounds from investors including Wellspring. Sopheon has completed 2 acquisitions, including Alignent Software and Solverboard. Sopheon offers products and services including Accolade, Scout, Evolve, and Astria. Sopheon operates in a competitive market with competitors including Arena Solutions, Nano Dimension, Agile Software, PROCAD and PRO.FILE, among others.
- Headquarter Bloomington, United States
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$100.1 K (USD)
in 2 rounds
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Latest Funding Round
$129.04 K (USD), Post-IPO
Oct 05, 2012
- Investors
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Employee Count
Not available
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Investments & Acquisitions
Alignent Software
& 1 more
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Acquired by
Wellspring
(Feb 20, 2024)
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Products & Services of Sopheon
Sopheon offers a comprehensive portfolio of products and services, including Accolade, Scout, Evolve, and Astria.
Software for managing innovation portfolios and driving growth.
Platform to discover new technologies and innovation partners.
Tool for handling intellectual property renewals and portfolios.
End-to-end system for invention disclosure and commercialization.
People of Sopheon
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Funding Insights of Sopheon
Sopheon has successfully raised a total of $100.1K across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $129.04 thousand completed in October 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Sopheon
Sopheon has secured backing from 1 investor. Prominent investors backing the company include Wellspring.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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AI platform for technology scouting and corporate venturing is offered.
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Locked | Locked | Locked |
Investor details for Sopheon
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Investments & Acquisitions by Sopheon
Sopheon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Alignent Software and Solverboard.
Investment portfolio details for Sopheon
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Innovation management services are delivered to organizations by Solverboard.
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Locked | Locked | 2015 | Locked | |
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Software solutions are developed and provided by Alignent Software.
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Locked | Locked | 2004 | Locked |
Complete acquisition details for Sopheon
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- Domains and locations
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Financial Statements - Sopheon
Detailed financials for Sopheon
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- Profit trends
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Sopheon Comparisons
Peer comparison for Sopheon
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Competitors of Sopheon
Sopheon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Arena Solutions, Nano Dimension, Agile Software, PROCAD and PRO.FILE, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cloud PLM applications are delivered for manufacturing firms.
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| Locked | Locked | Locked |
Cloud-based precision additive manufacturing systems and nano inks for electronics
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| Locked | Locked | Locked |
PLM software products are developed and sold with consulting services.
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| Locked | Locked | Locked |
Product lifecycle management software solutions are offered by PROCAD.
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| Locked | Locked | Locked |
Product lifecycle management and document management software are provided.
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Detailed competitors of Sopheon
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Latest news on Sopheon
Complete news archive for Sopheon
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Frequently Asked Questions about Sopheon
Sopheon was founded in 1993 and raised its 1st funding round 16 years after it was founded.
Sopheon is headquartered in Bloomington, United States. It is registered at Bloomington, Indiana, United States.
Sopheon is a funded company, having raised a total of $100.1K across 2 funding rounds to date.
The company was founded in 1993 and is headquartered in Bloomington, United States. Software and services for product lifecycle management are provided, with the Accolade solution delivering integrated support across innovation management and new product development processes. Operations target multiple industries, serving clients such as BAE Systems, BASF, General Motors, and PepsiCo through its domain sopheon.com.
Sopheon's top competitors include Nano Dimension, Arena Solutions and PROCAD.
Sopheon offers Accolade, Scout, Evolve, and Astria.
Sopheon has made 2 acquisitions, including Alignent Software, and Solverboard.
Sopheon has 1 investor. Key investors include Wellspring.