HeroX

HeroX is creating the leading platform for crowdsourcing breakthroughs using incentive prizes. A powerful approach proven by the XPRIZE, users create a challenge to win a prize, innovators compete and win by achieving the breakthrough. The use of incentive prizes is accelerating, with McKinsey reporting over $350M in $100K+ prizes alone. Yet the market remains fragmented and full of standalone websites and one offs. No unifying platform has emerged. And, like other markets on the Internet, we believe that eventually a platform will emerge to consolidate this marketplace.