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Wazoku
Wazoku was founded in 2004 by Simon Hill and George MacRae in London, UK. The firm began as a spinoff from the innovation consultancy WhatIf!
Wazoku
Wazoku was founded in 2004 by Simon Hill and George MacRae in London, UK. The firm began as a spinoff from the innovation consultancy WhatIf! and has since developed an enterprise software platform for open innovation and idea management. Wazoku's core product, the Idea Spotlight platform, enables organizations to capture, evaluate, and implement ideas from employees, customers, and external partners. The company serves over 100 enterprise clients globally, including Cisco, Procter & Gamble, and the UK National Health Service. Its technology applies AI to prioritize ideas and match them to business needs, spanning sectors from healthcare to consumer goods. The firm has raised venture funding from investors including Beringea and the UK Innovation & Science Seed Fund, 2021). Wazoku employs approximately 60 people and operates from its London headquarters. In January 2024, the company announced a partnership with IdeaScale to expand its reach into the US market. Wazoku's structural differentiator is its hybrid model — part software vendor, part innovation consultancy — that embeds its team directly into client innovation processes rather than simply licensing a tool. This consulting-embedded approach has given it a deeper integration into client R&D workflows than pure-play idea management platforms.
General information
Firm type
Asset Manager
Year founded
2004
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Principals
Simon Hill
CEO
George MacRae
CTO
Sector focus
Frequently asked questions
How does Wazoku source proprietary deal flow?
Wazoku is a software and services company, not an investment firm. It does not deploy capital or source investment deals. Its proprietary value comes from the network of external solvers and experts that engage through its platform.
Does Wazoku participate in fund commitments or direct deals?
It does not. Wazoku's business is licensing its software and providing consulting services. It has raised venture capital but does not itself invest in other companies or funds.
What sectors does Wazoku explicitly avoid?
Wazoku does not publicly list avoided sectors. Its client base spans healthcare, consumer goods, technology, and public sector, as disclosed in case studies on its website.
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