Name the 12 value drivers behind your worth. Then make them count.

Over 90% of enterprise value is intangible — and invisible to your balance sheet. Opagio uncovers the hidden assets driving your growth, values them with the methods investors trust, and shows you where to invest next.

We’re opening 250 free IP audits (normally £4,997) to SMEs — join the waitlist.

Where enterprise value really comes from 20–40% 60–80% Hidden 100% On the books Intangibles True value The Opagio 12 makes the hidden 60–80% visible.
Listen: What Opagio Does 1 min
0:00 / --:--

Over 90% of company value is now intangible — and your balance sheet shows almost none of it

In 1975, most of a company’s worth sat in buildings, equipment and inventory. Today it sits in brand, customers, data and intellectual property — the assets traditional accounting was never built to recognise. For a founder heading into a round, that gap is the difference between the number you defend and the number you settle for.

Over 90% of S&P 500 market value is intangible by 2020
17% of S&P 500 market value was intangible in 1975
60–80% of M&A deal value is intangible and largely unrecognised

Sources: Ocean Tomo Intangible Asset Market Value study (S&P 500), 1975 and 2020; M&A deal-value range from sector analysis.

Measure your intangible value gap →

For Executive Teams

Identify the intangible assets driving your growth, forecast future performance, and make data-driven investment decisions. Build a compelling valuation narrative for your next raise or exit.

Explore Opagio Intangibles

For Investors

Gain portfolio-level visibility into how your companies deploy capital into intangible assets. Track productivity impact, justify valuations, and identify growth opportunities across your portfolio.

Explore Investor Platform

For Advisors & Corporate Finance

Bring defensible intangible valuations to your clients’ raises, exits and lending cases. Equip your practice with The Opagio 12 and a Value Drivers Register that stands up to diligence.

Explore the Advisor Channel

The Opagio 12 — the value drivers behind modern worth

Brand, customers, technology, data, people, culture and six more. The Opagio 12 is our taxonomy of the intangible value drivers that traditional accounting can’t see — each mapped to the CHS framework, IFRS 3 and the Six Capitals model.

Explore The Opagio 12 →

Protect it, borrow against it, or license it

Patents, trade marks and proprietary software are not just legal protections — they are balance-sheet assets you can put to work. An independent, investor-grade valuation is the entry ticket to all three.

Protect it

Identify and value every intangible across The Opagio 12, then map what lenders and acquirers will actually recognise — an independent audit shows you what it is worth.

Audit and value your IP

Borrow against it

Raise non-dilutive growth capital secured on your independently valued IP — £250K to £10M, no equity given up. An independent valuation is the entry ticket.

Borrow against your IP — £250K–£10M

License it

Turn your IP into a royalty stream. The Relief from Royalty method values what others would pay to use what you own — model it in the Valuator before you negotiate.

Model a royalty value

See how intangibles work as collateral →

Registered IP is only part of the picture — The Opagio 12 captures the rest

Patents and trade marks are the intangibles you can register. But the assets that most often justify a higher valuation — your brand, your customer relationships, your data, your people and your network — rarely appear in any register at all. The Opagio 12 names the full spectrum.

Registrable IP only

The most established slice — legally protected and easy to point to, but rarely the largest part of your worth.

  • Patents
  • Trade marks
  • Registered designs

The Opagio 12

The full intangible spectrum that drives modern worth — including the value drivers traditional accounting recognises almost none of.

  • Brand and reputation
  • Customer relationships and data
  • People, culture and network effects

See all 12 value drivers →

Everything you need to understand and grow intangible value

Opagio Intangibles is the paid platform — a comprehensive toolkit for measuring, valuing and optimising the intangible assets that drive modern business growth, built on The Opagio 12.

Productivity Growth Analysis

Use historic data to identify firm productivity trends and understand the relationship between intangible investment and business performance.

Intangibles Identification & Valuation

Discover and value the intangible assets driving your growth, including unmeasured intangibles that traditional accounting frameworks miss entirely.

Growth Forecasting

Project growth into future years based on your intangible asset position, investment patterns, and productivity trajectory.

Intangibles Investment Tracking

Monitor investments in intangible assets over time and measure their impact on productivity, enabling smarter capital allocation decisions.

Valuation Justification

Use intangibles data to support valuations for future raises or exits, providing investors with a data-driven narrative that stands up to scrutiny.

Portfolio Oversight

Leverage intangibles tracking to provide visibility into how portfolio companies deploy funds, enabling smarter oversight and value-creation support.

Walk into your round defending a number, not optimising one

Investors do not argue with a spreadsheet guess — they argue with assumptions. Opagio Intangibles values each asset with the recognised methods professional valuers use — Relief from Royalty, MPEEM, With & Without and Cost among them — and traces every figure back to source, so your valuation reads as evidence, not aspiration.

Asset Valuator

Every intangible valued with a recognised IVS method and sensitivity analysis — the defensible, Excel-exportable numbers you take into the data room.

Value Drivers Register

The auditable, exportable register of your intangibles across The Opagio 12 — the evidence base that shows investors the value they cannot see on your accounts.

Normalised P&L

A clean, adjustments-driven earnings view investors trust in diligence — every adjustment traced to source, feeding straight into your valuation.

See Opagio Intangibles →

Follow The Opagio Method — Discover to Optimise

See what your business is worth — free

Most founders walk into a raise valuing only what’s on the balance sheet. Start with the free Explore tools to put a number on the intangibles investors actually pay for — then go deeper with Opagio Intangibles.

Intangible Asset Valuator

Put a defensible number on the intangible assets that justify your valuation — including the ones traditional accounting leaves off your balance sheet.

Value your assets

Innovation Questionnaire

Score your business across The Opagio 12 and get a report that shows investors exactly where your hidden value sits.

Take the assessment

Intangibles Academy

Free courses and playbooks to master The Opagio 12 and get round-ready for your raise — written for founders heading into a round.

Explore the Academy

Learn more about Opagio Intangibles →

Trusted by ambitious businesses

See how founders and investors use Opagio to value intangible assets and build valuations that stand up to investor scrutiny.

M
Mathew Nagel
CEO, Neatsmith

“Opagio helped us identify the intangible assets that were truly driving our growth. Their analysis showed us exactly where to double down on investment, and the results speak for themselves.”

Revenue growth from 19% to 35%
S
Shamir Sidhu
Founder, MoreYoga

“The brand repositioning insights from Opagio were transformative. They quantified the value of our brand assets and helped us build a strategy that dramatically increased membership.”

Significant membership growth after repositioning
I
Investment Partner
Managing Director, UK Growth VC

“The portfolio oversight capability gives us visibility we never had before. We can now see exactly how our portfolio companies are deploying funds into intangible assets and track the productivity impact.”

Portfolio-wide visibility into intangible investments

Raising your next round?

Know what your business is really worth before you sit across the table from investors — and build a valuation narrative they won’t argue with.

Common questions from founders heading into a round

The things founders ask before they put a number in front of investors.

How is this different from the valuation my accountant gives me?

Your accountant values what accounting standards recognise — typically only 20 to 40% of your intangible value. Opagio names and values the full Opagio 12 spectrum, including the brand, customers and data investors price in but the accounts leave out.

I am early-stage with little revenue — does this still apply?

Especially then. Before the numbers are large, your intangibles — team, technology, brand and early traction — are most of what an investor is buying. Naming and valuing them is how you justify a number a thin P&L cannot. Explore The Opagio 12.

Will investors actually accept an Opagio valuation?

Each asset is valued using recognised IVS methods, and every figure traces back to source — so it reads as evidence in diligence rather than a founder’s estimate. You take the workings into the data room.

How long does it take to get a number?

Start free in about ten minutes with the assessment. The full Value Drivers Register then builds from your own data as you connect it, so the picture deepens without starting from a blank page.

Get raise-ready →

Raising soon? Get a founder valuation review

Tell us about your business and we’ll show you what your intangible assets add to your valuation — and how to present it to investors. No cost, no commitment.

No commitment required. We'll be in touch within 24 hours.