Planbox

Planbox

Agile Innovation Management Software and Solutions.

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DateInvestorsAmountRound
N/A

€0.0

round
*

N/A

Acquisition
Total Funding000k

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Revenues, earnings & profits over time
USD201920202021
Revenues000000000000
% growth-39 %-
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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More about Planbox
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Planbox provides a cloud-based, AI-powered agile innovation management platform for medium to large organizations across various sectors, including healthcare, manufacturing, and financial services. The company’s business model centers on its comprehensive software suite, which supports the full lifecycle of innovation, from idea generation to project execution. Revenue is generated through subscriptions to its modular platform, which helps clients manage their innovation portfolio, engage with their ecosystem of employees and partners, and scout for emerging technologies.

The company's platform, the Agile Innovation Suite, acts as a central system for all innovation-related activities. It features several modules, including Innovation Central for idea management, Agile Central for project tracking, Portfolio Central for oversight, and Discovery Central for gathering insights. The platform uses AI to analyze data, identify trends, and connect related concepts, enabling users to discover opportunities and manage the execution of ideas. A key feature is its ability to facilitate collaboration within a community of employees, customers, partners, and other stakeholders to develop and capitalize on strategic ideas. Following the acquisition of IdeaConnection, Planbox also offers access to a global network of expert problem-solvers.

Originally founded in 2009 as an agile project management tool, the company has strategically shifted its focus to innovation management. A significant milestone was the 2015 merger with BrainBank, which steered the company towards its current path under the leadership of CEO Ludwig Melik. Melik, a seasoned entrepreneur with over 20 years of experience in project management and innovation software, previously co-founded Tenrox and served as president at Upland Software, where he led multiple acquisitions and an IPO. His experience has been instrumental in shaping Planbox's growth and strategic direction. The company has pursued an aggressive growth strategy, marked by several key acquisitions, including Imaginatik in 2019 and IdeaConnection in 2020. In early 2024, Planbox was acquired by HYPE Innovation, a German software provider, creating one of the largest global players in the innovation management software market with a combined revenue approaching €30 million.

Keywords: innovation management, agile project management, idea management, corporate venturing, open innovation, crowdsourcing, technology scouting, innovation portfolio management, emerging tech empowerment, ecosystem enablement, SaaS, enterprise collaboration, continuous improvement, product development, strategic planning, AI-powered innovation, BrainBank, IdeaConnection, HYPE Innovation, Ludwig Melik

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Investments by Planbox

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IdeaConnection
ACQUISITION by Planbox May 2020