About Spigit
Spigit is a company based in Austin (United States) founded in 1989 was acquired by Planview in December 2018. Spigit has raised $55.18 million across 7 funding rounds from investors including Planview, Warburg Pincus and MindManager. The company has 64 employees as of December 31, 2018. Spigit has completed 1 acquisition, including Kindling. Spigit offers products and services including Planview IdeaPlace, Planview AdaptiveWork, and Planview AgilePlace. Spigit operates in a competitive market with competitors including CA Technologies, Wazoku, Planview, Agorize and KeyedIn, among others.
- Headquarter Austin, United States
- Employees 64 as on 31 Dec, 2018
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Planview, Inc.
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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
$55.18 M (USD)
in 7 rounds
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Latest Funding Round
$13 M (USD), Series E
Oct 27, 2015
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Investors
Planview
& 4 more
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Employee Count
64
as on Dec 31, 2018
- Investments & Acquisitions
- Acquired by
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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.
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 |
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Corporate-backed venture capital firm focused on fintech, energy, and multiple sectors
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Multi-stage private equity investments are pursued across diverse sectors.
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Water resource development services are provided globally.
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Investor details for Spigit
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Spigit
Spigit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kindling.
Investment portfolio details for Spigit
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- Portfolio identities
- Transaction dates
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- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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IoT-based tracking and security for shipping containers are provided.
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Complete acquisition details for Spigit
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- Transaction dates
- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Spigit
Detailed financials for Spigit
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- Profit trends
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Spigit Comparisons
Peer comparison for Spigit
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Competitors of Spigit
Spigit 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 CA Technologies, Wazoku, Planview, Agorize and KeyedIn, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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IT infrastructure and identity management solutions are delivered for enterprises.
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Cloud-based idea management software is offered to organizations.
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Cloud-based enterprise software for project management and collaboration is offered.
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Cloud-based platform for managing innovation and ideas is provided.
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Project portfolio management platform
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Professional services automation and project portfolio management software are provided.
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Detailed competitors of Spigit
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Latest news on 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.
As of Dec 31, 2018, the latest employee count at Spigit is 64.
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, Wazoku and Planview.
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.