•Prestigious business personalities contribute resources.
•The Million Euros join another 3 Million from previous financing rounds.
•Over 50,000 ideas submitted by users in the website, www.ideas4all.com
•Ideas4all reaches its objective for the whole year in half the time: contracts for over 400,000 Euros in the first six months of 2010.
Madrid, July 13th, 2010. Ideas4all, the ideas social network of reference, offered also to companies as a tool for innovation, has just increased its capital by 1 Million Euros.
Close to 70% of angels who invested in previous financing rounds, adding up to 3 Million Euros, have again contributed to capital.
Along with Ana María Llopis, CEO and founder of ideas4all, as well as Board Member at BAT and Service Point, other renowned business personalities have also invested in this round, such as Peter Wood (founder of Direct Line in the UK, and later of Línea Directa) or Board Members Ángel Durández (President of OJD and Board Member at Telecinco and Repsol) and Stanley Bendelac (founder of Delvico, Advertising creative
and prestigious adviser). Also contributing to capital were Luis Cacho, President of Arsys, partner of Gnoss and President of Fundación Promete, or Mercedes Domingo (owner and founder of FunnyDoors).
This financial support has arrived precisely as a business plan advances twice as quickly as expected. Contracts have been agreed for 418,000 Euros during the first six months of 2010, meaning ideas4all has reached its annual objective in half the projected time.
Big clients and successful case studies
Ideas4all has, to date, installed nine platforms in big companies of the finance, energy, telecommunications and computing sectors, as well as in education, where brand identification has been more than significant. Ideas4all’s platform for Banco Sabadell, launched in early 2010, and which has received close to 3,000 ideas, has already seen the participation of 70% of the bank’s employees. The platform ‘ideas for Guadalajara’, with Santander Universidades and Universia, reached 750 initiatives in May, betwe en ideas and challenges that were presented and debated, with great impact, during the 2nd Ibero-American Rectors’ Congress that took place in Mexico.
About Ideas4all
Ideas4all (www.ideas4all.com) is a vertical social network that offers a new way of sharing ideas and innovation. A place where businesses and institutions can find original ideas from people who are currently out of their reach. Ideas4all seeks to keep these ideas from going to waste, and to democratize their validation. Since its launch on July 15th, 2008, ideas4all has grown very quickly, showing there was a demand for its services.
Up to July 2010, users have submitted over 50,000 ideas in the website ideas4all.com and have raised over 3,000 problems and offered close to 2,700 solutions.
Themes: Ideas are related above all to improving the quality of life of people, to entertainment, the environment, culture and technology.
There are over 50,000 registered users in ideas4all and approximately 10,000 in platforms installed for clients, where the total of ideas and challenges is close to 6,000.
There is a clear incentive for participation in said platforms, especially for employees, who increase their commitment to the organization up to five-fold.