Sopheon is now Wellspring | Company Profile - Revenue, Headcount, Tech Stack, Contacts

Sopheon is now Wellspring | Company Profile - Revenue, Headcount, Tech Stack, Contacts

Updated March 3, 2026
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Wellspring is a Chicago-based software company founded in 2003, originally as a spin-off from Carnegie Mellon University.

Employees79
Revenue$14.5M
Total Funding153.8M
Alexa Rank# 663283

Industry & Market

Primary Industry
information technology & services
Location
Minneapolis, Minnesota, United States

Funding Information

Latest Stage
Merger / acquisition
Annual Revenue
$14,500,000

Headcount Distribution

Total Employees
79
Departments
19

By Department

Department Breakdown

Engineering
Consulting
Education
Sales
Finance
Support
Others

Keywords & Focus Areas

innovation managementportfolio optimizationenterprise innovationinnovation performanceinnovation planningprocess managementproduct lifecycle managementstrategic roadmappingnpdstagegate certifiedproduct portfolio managementidea developmentppmcrossfunctional collaborationinnovation strategyproduct managementnew product developmententerprise innovation performanceroadmappingstrategy execution+10 more
30 total keywords

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.

Key Metrics

Total Employees
XXXX
Total number of employees
Engineering
XX
Number of employees in the engineering department
Sales Team
$XX
Number of employees in the sales department
Marketing
XX
Number of employees in the marketing department
Founded
XXXX
Year the company was founded
Revenue
$XXX,XXX,XXX
Total revenue of the company
Total Funding
$XXX M
Total funding of the company
Market Cap
$XXX,XXX
Market cap of the company

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Contact

Company
Sopheon is now Wellspring
Headquarters
3001 Metro Drive, Minneapolis, MN 55425, US
Founded
2003
Industry
information technology & services

Technology Stack

Analytics & Tracking

Data Analytics

Social & Marketing

Not found

Database & Backend

Not found

Cloud & Infrastructure

Amazon AWSAtlassian CloudAzure DevopsDocker

Productivity

Not found

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