Sopheon is now Wellspring

Overview

Originally founded in 2003 as a spin-off from Carnegie Mellon University, this Chicago-based software company specializes in innovation management and technology transfer solutions, supporting the entire innovation lifecycle from discovery to commercialization. After acquiring Sopheon, the organization rebranded to reflect its broad focus on the innovation ecosystem.

It offers purpose-built software solutions designed to manage the "Knowledge Supply Chain." Key products include the Sophia platform, an open innovation software used globally by universities, hospitals, and corporations, and Flintbox—an intellectual property exchange enhancing tech transfer capabilities. These solutions help organizations streamline processes from ideation to commercialization and optimize research and innovation investments. The company collaborates with various institutions, including hospitals and government entities, to drive innovation and uncover growth opportunities.

Basic Information

Contact Details

• Phone: +1 312-820-1140
• Website: wellspring.com
• LinkedIn: linkedin.com/company/sopheon

Key Focus Areas & Initiatives

• Innovation management
• Portfolio optimization
• Enterprise innovation
• Innovation performance
• Innovation planning
• Process management
• Product lifecycle management
• Strategic roadmapping
• Stagegate certified
• Idea development
• Crossfunctional collaboration
• New product development
• Enterprise innovation performance
• Strategy execution
• PLM
• Product management
• Roadmapping
• Strategic product roadmapping
• Enterprise innovation management
• Strategic portfolio management
• Project management
• Idea management
• Technology transfer
• Intellectual property management
• Technology scouting
• Innovation lifecycle
• Consulting services
• Portfolio management
• Strategic planning
• R&D
• Growth catalyst
• Collaboration
• Knowledge sharing
• Innovation operations
• Customer insights
• Market analysis
• Competitive intelligence
• SaaS solutions
• Digital transformation
• Agile methodologies
• Innovation ecosystem
• Business development
• Research and development
• Customer engagement
• Market leadership
• Comprehensive solutions
• Innovation processes
• Tech transfer
• IP management
• Intellectual property software
• Automated docketing
• Contract management
• Technology commercialization
• Online disclosures
• Financial management
• Patent management
• License management
• Data visibility
• Collaboration tools
• Workflow optimization
• Patent renewal management
• Research commercialization
• Licensing agreements
• Open innovation
• Market insights
• Disruptive technology identification
• Stakeholder engagement
• Machine learning analytics
• Pipeline tracking
• Partner identification
• Venture program management
• Customizable reporting
• Integration with existing systems
• Cloud-based solutions
• Online licensing
• Real-time updates
• Collaborative software
• Cross-institutional partnerships
• Cost-effective solutions
• Policy compliance
• Managed services
• User-friendly interface
• Searchable innovation records
• Flexible tools
• Seamless integration
• Efficiency in processing
• Analytics-driven insights
• Risk management solutions
• Knowledge supply chains

Technologies Used

• AI
• Amazon AWS
• Amazon SES
• Android
• Atlassian Cloud
• Atlassian Confluence
• Azure Devops
• Backbone JS Library
• Barracuda Networks
• Circle
• Data Analytics
• DealHub.io
• Docker
• Hubspot
• IoT
• Jira
• MailChimp SPF
• Microsoft Office 365
• NetSuite
• Outlook
• Rackspace MailGun
• React Redux
• Remote
• Route 53
• Salesforce
• Sendgrid
• Slack
• The Trade Desk
• WP Engine
• Zendesk

Affiliated Organizations & Regional Branches

• Wellspring (IP Pragmatics Ltd)
• ROI Blueprints LLC
• Covalent Data