“We needed help selecting top founders and market-ready companies to work with, not just sourcing startups. GrowthX proved to be the perfect partner! The GrowthX MXP provided us with a tangible framework to identify startups that had the potential to provide strategic growth opportunities for Faurecia that matched our innovation goals.”
Leading prodiver of consumer, business-to-business, and indistrial digital imaging solutions.
Develop a proprietary software system for the commercial photography market and customers will use the product “as is” under the products existing constraints.
The market wanted to develop custom solutions around the core patented areas of the platform. This required the company to open up the platform via an Application Program Interface (API).
This pivot created a new market opportunity and revenue stream for a legacy hardware business and grew the new customer base 300% in the first year.
International chemical conglomerate selling to large enterprise clients.
Build an end-to-end software solution to help current customers research, develop and produce new food products more rapidly
Customers want a recommendation engine with turn-key recipes, ingredients and production management based on real-time consumer trends.
Created competetive advantage leading to competitor displacements, upsells and higher revenue per customer. In first year alone, they acquired 12 new SaaS customers.
Global parts manufacturer in the mobility sector
Struggling to build, scale and consolidate a corporate venturing practice that regularly attracts relevant startups sufficiently along the path to commercialization.
Slow-footed and unfocused processes and rules. Misaligning goals and incentives. Limited visibility into where startups are with commercialization.
Balance sheet fund with clearly defined strategic and financial goals, along with a corporate-branded market accelerator to attract high-performing startups, provide real strategic help to build corporate reputation and efficiently increase “hit rate” for co-development opportunities.