Wellspring provides open innovation software to organizations large and small. The Wellspring platform has been purpose built for teams that search for, evaluate, and acquire external technologies. Professional technology scouts, R&D scientists, and business development teams rely on Wellspring to bring structure to the process of open innovation. The Wellspring platform allows users to easily search dozens of IP databases, academic journals, and technology marketplaces. Users can then add technology information to a centralized database, route evaluation reports to subject matter experts, and manage licensing and investment decisions. Wellspring manages the entire open innovation process.