Idea Drop

How We Designed A $200K/Month Idea Management Software

July 28th, 2021
Charlie de Rusett
Founder, Idea Drop
$200K
revenue/mo
1
Founders
25
Employees
Idea Drop
from London, UK
started January 2014
$200,000
revenue/mo
1
Founders
25
Employees
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Note: This business is no longer running. It was started in 2014 and ended in 2023. Reason for closure: Acquired by Wazoku.

Hello! Who are you and what business did you start?

Hello, my name is Charlie de Rusett and I’m the CEO and Founder of Idea Drop. We are a software-as-a-service (SAAS) that helps businesses identify, refine and execute their most innovative ideas. Our company was founded on the premise that the best ideas already exist, they just need to be discovered!

Our platform is entirely cloud-based with a ‘social media’ style interface that makes it easy and cost-effective for teams to collaborate on new ideas. Via an intelligent ranking algorithm, the platform automates the curation process, by scoring every idea in real-time based on social signals and interactions. This enables the most promising and exciting ideas to organically bubble to the surface for the attention of managers and decision-makers faster. Out-of-the-box social tools including Twitter-style hashtags, bulletins, and status updates make it easy for colleagues to collaborate, enrich and validate ideas. All of these features are designed to help nurture the best ideas to completion.

We’re excited to have recently launched a new feature - Public Challenges that enables our clients to more easily...

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