About Spigit
Spigit is a Technology company based in Austin (United States) founded in 1989, and was acquired by Planview in December 2018. Cloud-based platform for managing corporate idea lifecycles is utilized. Spigit has raised $55.18 million across 7 funding rounds from investors including Planview, Warburg Pincus and MindManager. The company has 64 employees. Spigit has completed 1 acquisition, including Kindling. Spigit offers products and services including Planview IdeaPlace, Planview AdaptiveWork, and Planview AgilePlace. Its focus areas include Enterprise Applications, Enterprise Collaboration, Project Management and Innovation Management. Its legal entity is Planview, Inc. Its competitors include CA Technologies, Planview and KeyedIn; 2 of its 3 listed competitors have raised funding.
Company details
Spigit is a cloud-based idea management software solution. The platform is used by corporate to manage the idea lifecycle. It allows managers to add a problem and collect ideas from the employees, customers, and partners and track the ideas from conception to implementation stage. The clientele includes Siemens, Herbalife, Johnson Johnson, Campbells, Nasdaq, etc.
- Headquarters Austin, United States
- Employees 64
- Stage Acquired
- SectorsTechnology
- Phone•••• ••••
- Website spigit.com
- Social LinkedIn X Facebook
- Acquired by Planview (Dec 2018)
- Legal Name Planview, Inc.
Products & Services of Spigit
Spigit offers a comprehensive portfolio of products and services, including Planview IdeaPlace, Planview AdaptiveWork, and Planview AgilePlace.
Software for crowdsourcing and managing ideas in organizations.
Platform for resource planning and project execution tools.
Tools for Agile transformation and team collaboration processes.
Funding Insights of Spigit
Spigit has successfully raised a total of $55.18M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $13 million completed in October 2015. 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 $55.18M
- Total Rounds 7
- Last Round Series E — $13M
- First Round $4M
(Feb 2007)
- Investors Count 3
All 7 funding rounds of Spigit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2015 | $13M | Series E | – | Investor Growth Capital | – |
| Dec 2012 | $1.2M | Series E | – | Warburg Pincus | – |
| Mar 2012 | $15.23M | Series E | – | Warburg Pincus | – |
| Mar 2011 | $10.25M | Series C | – | Warburg Pincus | – |
| Oct 2009 | $10M | Series B | – | Warburg Pincus | – |
| Jul 2009 | $1.5M | Series A | – | – | – |
| Feb 2007 | $4M | Series A | – | PICO Holdings | – |
5 investors in total: 5 institutional.
Investors in Spigit
Spigit has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Planview, Warburg Pincus and MindManager.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate-backed venture capital firm focused on fintech, energy, and multiple sectors | investorgrowthcapital.com | New York, United States | ||
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Water resource development services are provided globally. | 1981 | picoholdings.com | Carson City, United States | |
Cloud-based mind mapping is facilitated for enterprise collaboration. | 1998 | mindmanager.com | Austin, United States | |
Cloud-based enterprise software for project management and collaboration is offered. | 1989 | planview.com | Austin, United States |
Investor details for Spigit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Investments & Acquisitions by Spigit
Spigit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kindling.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
IoT-based tracking and security for shipping containers are provided. | kindlingapp.com | New York, United States | 2010 | Jan 2017 | •••• |
Complete acquisition details for Spigit
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Spigit
6 dated milestones of Spigit across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Spigit is founded.
- Funding First funding round of $4.0M.
- Exit Acquired by MindManager.
- Funding Latest funding round, Series E, of $13.0M.
- Acquisition Acquires Kindling.
- Exit Acquired by Planview.
Competitors of Spigit
Spigit has 3 listed competitors in our database, 2 of them funded. They include CA Technologies, Planview and KeyedIn.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ca.com | 1976 | New York, United States | 14 | IT infrastructure and identity management solutions are delivered for enterprises. | ||
| planview.com | 1989 | Austin, United States | $25M | Cloud-based enterprise software for project management and collaboration is offered. | ||
| keyedin.com | 2011 | Minneapolis, United States | $52.27M | 47 | Project portfolio management platform |
Detailed competitors of Spigit
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- Full competitor set
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Web traffic of Spigit
Websites that share an audience with Spigit (spigit.com).
Websites whose visitors overlap most with Spigit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| brightidea.com | 100% | #390,819 | View details | ||
| jivesoftware.com | 88% | 11.6K | #2,110,927 | View details | |
| socialtext.com | 78% | View details | |||
| kindlingapp.com | 74% | 1.8K | #10,979,331 | View details | |
| ideascale.com | 72% | #229,798 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Spigit
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- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Spigit (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Spigit
Complete news archive for Spigit
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Frequently Asked Questions about Spigit
Spigit was founded in 1989 and raised its 1st funding round 18 years after it was founded.
Spigit is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Spigit is a funded company, having raised a total of $55.18M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Feb 2007.
Spigit has 64 employees.
Spigit is a cloud-based idea management software solution. The platform is used by corporate to manage the idea lifecycle. It allows managers to add a problem and collect ideas from the employees, customers, and partners and track the ideas from conception to implementation stage. The clientele includes Siemens, Herbalife, Johnson Johnson, Campbells, Nasdaq, etc.
Spigit's top competitors include CA Technologies, Planview and KeyedIn.
Spigit offers Planview IdeaPlace, Planview AdaptiveWork, and Planview AgilePlace.
Spigit has made 1 acquisition, including Kindling.
Spigit has 5 investors. Key investors include Planview, Warburg Pincus, MindManager, PICO Holdings, and Investor Growth Capital.
Spigit operates through Planview, Inc..
Yes. Spigit was acquired by Planview in December 2018.