Leading Edge Only (LEO) describes itself as “LinkedIn for Innovation” - a double-sided platform, connecting major corporations to innovators. Since 2018, LEO has worked with over 25 major corporations, such as BP, Ford and M&S and is now raising growth capital to continue to develop its technology.
Innovation is the lifeblood of all economies. The issue is it can be hard to efficiently and effectively find, filter and connect to relevant innovations to solve current problems.
LEO aims to disrupt the global innovation marketplace by providing a digital platform for global corporations to source innovative ideas and for the world’s top Universities, start-ups and SMEs to showcase their innovative solutions to this global audience.
The global R&D budget of the world’s Fortune 1000 is $782 billion, growing 11% annually. Last year LinkedIn alone brought in over $6.8 billion in revenue, which identifies the potential growth opportunities for LEO in the B2B networking market.
After 2 years of development, LEO officially launched the platform in 2018. Since launching, LEO has attracted over 25 blue-chip global clients who have paid to have access to over 16,000 cross-sector innovations. LEO's clients who paid an annual license fee in 2019 have each renewed their license for 2020. Order value is up 145% on the same time last year.
LEO is debt-free and has grown quickly with minimum marketing spend and no PR expense. Growth capital will enable the development of its IP with the aim of building LEO into a valuable global brand.