# NineSigma

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ninesigma

- Industry: Information Services
- Headquarters: Cleveland, US
- Website: www.ninesigma.com
- Total disclosed funding: $6M
- Latest round: Series E (May 4, 2010)
- Investors on record: 3

## About

NineSigma Inc. is a provider of open innovation solutions that facilitates collaboration between businesses and external partners to enhance technological advancements.Founded in 2000 by Akihiko Suwa, NineSigma Inc. is headquartered in Cleveland, US. The company specializes in connecting organizations with innovative technologies through a collaborative approach. Since its inception, NineSigma has engaged in six funding deals, with its latest venture debt round occurring on April 25, 2011, in which it raised USD 2.5 mn from BlueCrest Capital Finance. The total amount raised by the company to date is USD 0.25 mn.NineSigma specializes in open innovation solutions, facilitating collaborations between businesses and external partners to accelerate technological advancements. Their core offerings include scouting for innovative technologies, conducting research, and creating partner maps to connect companies with startups, academia, and other entities in the science and technology sectors. NineSigma addresses various challenges faced by corporations, such as sustainability and waste valorization, by providing tailored programs that leverage external expertise to develop new products and solutions. The company serves a diverse clientele across different industries, including healthcare, aviation, and environmental technologies, primarily in markets such as Europe, Asia, and North America.NineSigma's revenue model is centered around partnerships and B2B collaborations, where clients engage the company for its expertise in innovation management and technology scouting. Transactions typically occur through structured partnerships, enabling organizations to access NineSigma's extensive network of researchers and technology providers. The company offers various services that may include subscription-based access to its innovation platform and consulting arrangements for tailored innovation strategies. Specific pricing plans for these offerings have not been detailed, but clients pay for services based on project scope and technologies involved. Flagship services include the AKCELI platform, designed to unlock new market opportunities for existing technologies.In April 2011, NineSigma Inc. raised USD 2.5 mn in venture debt, which will be utilized to support its strategy for future growth. The company plans to expand its service offerings and enhance its innovation platform to better assist clients in their technological pursuits. Additionally, NineSigma is targeting expansion into new geographic markets, including Europe and Asia, by the end of 2012, leveraging its funding to enter these regions and broaden its client base.

## Funding rounds

- Series E, May 4, 2010, $0.3M — Blue Chip Venture Company, RC Capital
- Series E, Aug 15, 2008, $0.5M — Blue Chip Venture Company, RC Capital
- Series E, Mar 24, 2008, $4M — Blue Chip Venture Company, RC Capital
- Series D, Mar 31, 2005, $1.2M — Blue Chip Venture Company, Early Stage Partners

## Investors

- Blue Chip Venture Company (https://capitalatlas.ai/funds/blue-chip-venture-company) — Series D, Series E
- Early Stage Partners (https://capitalatlas.ai/funds/early-stage-partners) — Series D
- RC Capital (https://capitalatlas.ai/funds/rc-capital) — Series E