Intraboot provides private crowdfunding platforms for companies, aimed at increasing internal innovation, employee engagement and intrapreneurship.
Branded "Teamfunding" these platforms function like regular crowdfunding sites but are private, secure and only accessible by employees. Team members can pitch their ideas, set funding goals, discuss them and offer participation.
Before starting, company management sets aside a total budget for ideas that will reach their funding goal. So, essentially employees are voting with R&D money - increasing their sense of participation, engagement and ownership.
After a successful campaign, idea owners utilize their funding to realize and implement their ideas internally, enabling true intrapreneurship and radically increasing innovation for the company.