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
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $129,040
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First Round
First Round
(16 Oct 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2012 | Amount | Post-IPO - Sopheon | Valuation |
investors |
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| Oct, 2009 | Amount | Unspecified - Sopheon | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sopheon
Sopheon has secured backing from 1 investor. Prominent investors backing the company include Wellspring. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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AI platform for technology scouting and corporate venturing is offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sopheon
Sopheon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Alignent Software and Solverboard. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| 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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2015 | ||||
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Software solutions are developed and provided by Alignent Software.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sopheon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sopheon Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud PLM applications are delivered for manufacturing firms.
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| domain | founded_year | HQ Location |
Cloud-based precision additive manufacturing systems and nano inks for electronics
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| domain | founded_year | HQ Location |
PLM software products are developed and sold with consulting services.
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| domain | founded_year | HQ Location |
Product lifecycle management software solutions are offered by PROCAD.
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| domain | founded_year | HQ Location |
Product lifecycle management and document management software are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sopheon
Frequently Asked Questions about Sopheon
When was Sopheon founded?
Sopheon was founded in 1993 and raised its 1st funding round 16 years after it was founded.
Where is Sopheon located?
Sopheon is headquartered in Bloomington, United States. It is registered at Bloomington, Indiana, United States.
Is Sopheon a funded company?
Sopheon is a funded company, having raised a total of $100.1K across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $100.1K, raised on Oct 16, 2009.
What does Sopheon do?
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.
Who are the top competitors of Sopheon?
Sopheon's top competitors include Nano Dimension, Arena Solutions and PROCAD.
What products or services does Sopheon offer?
Sopheon offers Accolade, Scout, Evolve, and Astria.
How many acquisitions has Sopheon made?
Sopheon has made 2 acquisitions, including Alignent Software, and Solverboard.
Who are Sopheon's investors?
Sopheon has 1 investor. Key investors include Wellspring.
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