Opagio vs Inngot — Platforms Compared

Introduction

Opagio and Inngot are both UK-based platforms for businesses, advisors, and lenders looking to identify, classify, and value intangible assets. Both serve a market the financial system has historically struggled to measure: the large share of enterprise value that does not appear on a conventional balance sheet.

They are not identical products. The differences come down to four axes: scope of the asset taxonomy, valuation methods, how each is delivered (Opagio as a subscription platform; Inngot as an online IP toolkit alongside expert services), and the way the output is structured for the buyer. A founder preparing for an exit, a CFO completing a purchase price allocation, and a PE partner running diligence will each weigh those four axes differently.

This page lays out what each platform does, where they differ, and the scenarios where one is the better fit than the other. Inngot is an established UK specialist in IP valuation and IP-backed lending. The question this page answers is which platform fits which workflow.

TL;DR: Choose Inngot if your lender has asked for an Inngot valuation, or you want Inngot's IP profile, IP valuation or loan suitability check. Choose Opagio if you want a subscription platform organised around Opagio 12™ that updates financial data and value drivers monthly, keeps a dated valuation history for each asset, and supports borrowing, fundraising, exit preparation and PE diligence from one data model.

About Inngot

Inngot is a UK-based intangible asset identification and valuation platform led by its Chief Executive, Martin Brassell, co-author of the UK IPO's "Hidden Value" report and a long-standing voice in UK IP policy. Its public product suite comprises three online tools and a range of expert services:

• Goldseam®: a free IP profiling tool that takes an organisation through its IP and intangible assets step by step. Inngot states that it covers more than 80 types of intangible asset, including assets that are not intellectual property rights, such as contractual rights and reputational assets, and that a profile can be updated at any time.
• Sollomon®: online IP valuation tool, built on the Goldseam profile, positioned by Inngot as the world's first online IP valuation tool. Inngot states that it uses relief-from-royalty income calculations together with cost and market views, and that every valuation is moderated by its experts.
• Hallmarq™: loan suitability check that, in Inngot's words, confirms the separability, saleability and strength of the IP being considered as security for a business loan
• Expert services: custom IP valuation, IP audit, IP strategy, training and research led by the Inngot team; Inngot states that its work also covers fundraising and corporate transactions

Inngot's institutional credibility runs through Martin Brassell's relationships with the UK IPO, ACCA, and WIPO, and its commercial credibility runs through bank partnerships — Inngot's tools underpin the NatWest IP-backed lending programme launched in January 2024 and, by HSBC UK's own account, the IP evaluation within its Growth Lending. Inngot states that its services are not tied to any particular lender and that its platform has supported IP evaluation for all four of the UK's largest banks and for specialist lenders, in the UK and internationally.

About Opagio

Opagio is a UK-headquartered intangible asset platform organised around Opagio 12™ — a proprietary taxonomy of twelve value drivers: Brand & Reputation, Customer Capital, Technology & Innovation, Content & IP, Data & Intelligence, Switching Costs & Lock-In, Network Effects & Platforms, Human Capital, Organisational Capital, Culture & Ways of Working, Regulatory & Compliance, and Ecosystem & Partnerships. Within those twelve drivers sits a comprehensive library of intangible asset types.

Opagio is delivered as a SaaS platform with one free product and one paid product:

• Opagio Growth Forecaster (free) — accessible scoring of intangible exposure for a single company; the upgrade path is a full Opagio Intangibles account
• Opagio Intangibles (paid platform) — the full discovery, valuation, and management environment, with modules including the Asset Valuator (Relief from Royalty, MPEEM, With and Without, Cost, Market and Greenfield methods), the Value Drivers Register, Financials (including the Normalised P&L and the Growth Bridge), and Intelligence

Opagio's methodology is documented academically (SSRN paper aligning the taxonomy to the Corrado-Hulten-Sichel framework) and is the subject of UK patent application GB2607796.6 (patent pending), with a UK registered design application (6518475) covering the radar-chart visualisation. The platform supports IFRS 3 / IAS 38 (UK and global) and ASC 805 (US) under its accounting-standards mapping.

Side-by-Side Comparison

The table below sets out a buyer-grade view of the two platforms across the criteria that come up most often in shortlist conversations.

Side-by-side criteria

How the two platforms approach the same problem

Example — Where Opagio is the better fit: A B2B SaaS founder preparing for a Series B is being asked by investors to articulate the intangible value of the business. The founder needs more than a patent or trademark list — they need to show customer capital (NRR, churn cohorts, contractual depth), organisational capital (the data assets and proprietary processes), human capital (key-person exposure and team strength), and the brand. Opagio's twelve-driver taxonomy gives the founder a structured way to present all of that to the investor in one consistent framework, with the financial data refreshed monthly as the business grows.

Example — Where Inngot is the better fit: A UK manufacturing business with two granted patents and a registered trade mark is six weeks into an IP-backed lending conversation, and the lender has asked for an Inngot IP valuation. Give the lender the output it has asked for.

Scope of the Underlying Taxonomy

Both platforms organise intangible assets into a taxonomy.

Inngot's taxonomy: Goldseam takes an organisation through its IP and intangible assets step by step. Inngot states that it covers more than 80 types of intangible asset, including assets that are not intellectual property rights, such as contractual rights and reputational assets.

Opagio's taxonomy (Opagio 12™ — twelve value drivers, with a comprehensive library of intangible asset types underneath) covers registered IP and extends into other intangibles: customer relationships and contractual depth, organisational capital (proprietary processes, data assets, ways of working), human capital (key-person concentration, skills inventory, succession exposure), data and intelligence, switching costs, network effects, and ecosystem partnerships. Opagio is designed to capture the assets that drive enterprise value, not only the assets a lender can secure against.

Valuation Methodology

Inngot's Sollomon tool values the assets profiled in Goldseam. Inngot states its valuations are moderated by its experts and that it follows International Valuation Standards as an IVSC member.

Opagio's Asset Valuator module covers the asset-level methods relevant to PPA, impairment, and lending work: Relief from Royalty (RFR), Multi-Period Excess Earnings (MPEEM), With and Without, Cost (replacement cost or sum of cost), Market (comparable transactions) and Greenfield. Each valuation records the method, its inputs and assumptions (including contributory asset charges for MPEEM), and produces a single fair value with the assumptions restated in plain language. Valuations map to IFRS 3 / IAS 38 (UK and global) and ASC 805 (US) asset classes.

The output is structured for review by a qualified valuer. For complex or audit-sensitive deals, the right pattern is to automate the mechanical work in Opagio and have a qualified specialist review and sign the report.

UK IP-Backed Lending Readiness

This is the area of most direct overlap. Both platforms produce outputs that support a business's case for an IP-backed lending facility in the UK.

Inngot is the independent IP valuer for NatWest's High Growth IP loan, and HSBC UK uses its tools in Growth Lending. Inngot states that its services are not tied to any particular lender.

Opagio's position is built on the IP Audit and its Collateral Pack — an asset-level mapping of which of the borrower's intangibles meet the separability, saleability, and legal-strength tests that UK lenders apply, with the underlying valuation traceable to the same methodology used elsewhere in the platform. The evidence is built once, and the pack can be re-issued as at a new date for each lender approached. Each lender decides what evidence it accepts, so ask your lender what it requires before commissioning any report.

Note (jurisdiction): UK IP-backed lending references in this section apply to the UK regulatory and lending environment. US, EU, and Commonwealth IP-backed lending operate under different rules and counterparties. See our IP lending hub for UK-specific guidance and a jurisdictional walkthrough.

How Opagio Tracks Change Over Time

Opagio is built as an ongoing platform. Financial data and value drivers update monthly from Xero or CSV, and each asset keeps a dated valuation history. A business using Opagio to track customer-capital growth over twelve months can revalue the asset as the data moves and see each valuation in its history. This matters for two specific buyer types: PE/VC funds running portfolio-level reviews of multiple investee companies, and growth-stage businesses where the intangible base is the part of the business changing fastest.

FAQ

Is Opagio a direct competitor to Inngot?

Answer

We work in the same broad space: identifying, valuing and evidencing intangible assets. Inngot provides an online IP toolkit (Goldseam®, Sollomon®, Hallmarq™) and expert services across lending, fundraising, IP audit and transactions. Opagio is a subscription platform organised around twelve value drivers and four capital pathways (borrow, protect, fundraise, exit).

Which is better for an IP-backed loan application?

Answer

Ask the lender first. If it has asked for an Inngot valuation, provide one. If not, ask which evidence it accepts; each lender decides. Opagio's Collateral Pack is built once from the IP Audit and can be re-issued for each lender approached.

Does Inngot or Opagio cover more asset types?

Answer

Inngot states that Goldseam covers more than 80 types of intangible asset, including non-IP assets. Opagio organises a comprehensive library of intangible asset types under the twelve Opagio 12™ value drivers. Compare each against the assets your business actually depends on.

How does pricing compare?

Answer

Inngot publishes its prices on its pricing page, with Goldseam free. Opagio's pricing is on the Opagio pricing page.

Can I use both platforms?

Answer

Yes. A borrower might provide an Inngot valuation to a lender that has asked for one and use Opagio to track the wider intangible base for investor reporting and exit preparation.

Which platform is better for PE / venture diligence?

Answer

Opagio is structured for portfolio-level use: PE funds and VCs can hold multiple investee companies in the same workspace, record marks per company, produce quarterly fund reports, and compare companies across the portfolio. For ongoing post-investment value-creation tracking, Opagio's portfolio architecture is designed for that work.

Are the valuation methods the same?

Answer

Both platforms apply income, market, and cost approaches grounded in standard valuation theory. Opagio's Asset Valuator module supports the asset-level methods used in PPA and impairment work — Relief from Royalty, Multi-Period Excess Earnings, With and Without, Cost, Market and Greenfield — with valuations mapped to IFRS 3 / IAS 38 / ASC 805 asset classes. Inngot's Sollomon applies cost, market, and income approaches as a coordinated online tool. The methods are recognisably the same family.

Where can I see Opagio in action?

Answer

Book a demo and we will walk through the Opagio 12™ taxonomy, the Asset Valuator module, the Collateral Pack, and the platform's portfolio views with a worked example relevant to your use case. The demo is run by a member of the Opagio team and typically takes 30-40 minutes.

Closing

Inngot is an established UK specialist in IP valuation and IP-backed lending, with a long record in UK IP policy and a central role in NatWest's IP-backed lending programme. Where a lender has asked for an Inngot valuation, that is the output to provide.

Opagio is the platform-shaped fit for buyers whose intangible asset management is continuous, taxonomy-wide, and cuts across multiple capital pathways. The proprietary twelve-driver taxonomy, the patent-pending methodology (UK application GB2607796.6), and the portfolio architecture are designed for ongoing value-creation work.

The best way to know which is right for your business is to see both in action and pressure-test the output against a specific use case. For Opagio, book a demo and bring a real scenario to the conversation — a fundraising round, an exit-prep window, a portfolio review, or a lending application. The team will walk you through the platform against your actual context.

Related reading

• RFR vs MPEEM vs With and Without — Asset Valuation Methods Compared
• IP-backed lending in the UK — eligibility, lenders, and the application process
• Intangible asset glossary — Customer Relationships
• Intangible asset glossary — Relief from Royalty
• Intangible asset glossary — Multi-Period Excess Earnings

Related Glossary Terms

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