You invest in intangibles every day. Do you manage them like it?
R&D, brand, technology, talent, customer relationships — your intangible assets drive 80% of your company’s value. But they’re invisible on your balance sheet and absent from your management reports. Opagio changes that.
The intangible investment blind spot
Your biggest investments are invisible to your own management reports.
of enterprise value is intangible — but invisible on the balance sheet under IAS 38 and FRS 102
intangible value drivers identified by The Opagio 12™ framework — most companies only manage 2 or 3
of S&P 500 value is now intangible — up from 17% in 1975
Source: Ocean Tomo (2020)
Three problems every growing company faces
You're investing, but you can't see it
Your P&L shows R&D as an expense. Marketing as an expense. Training as an expense. But each of those investments is building an intangible asset — proprietary technology, brand equity, human capital. Under IAS 38 and FRS 102, most internally generated intangible assets cannot appear on the balance sheet. Your biggest investments are invisible to your own management reports.
You can't manage what you can't measure
Without structured intangible data, capital allocation is intuition-driven. Should you invest more in technology or brand? Is your organisational capital keeping pace with your growth? Are your data assets compounding or stagnating? These questions have answers — but only if you measure.
Your competitors are moving
Companies are restructuring entire workforces around AI, replacing human capital with technology capital at unprecedented speed. The ones that measure the intangible impact of these decisions — across all 12 value drivers, not just headcount — will outperform those that don't. 90% of S&P 500 value is intangible. The IASB is reviewing IAS 38. The question is whether you're managing your intangible portfolio before your competitors do.
Manage your intangible assets like a portfolio
Discover what you have
The Opagio 12™ framework identifies intangible assets across 12 value drivers — including assets your accounting framework doesn’t recognise. Our Intelligent Onboarder scans your company’s public footprint and financial data to build your initial Value Drivers Register automatically.
What you’ll see: A complete register of your intangible assets, classified by driver, with strategic vs. balance-sheet distinction.
Measure investment and returns
Connect your accounting data (Xero, QuickBooks, Sage, or CSV) and Opagio maps your general ledger to intangible investment categories automatically. See where your money is going — and whether it’s building lasting value or being consumed.
What you’ll see: Your Normalised P&L showing intangible investment by category, with productivity impact analysis.
Track performance over time
The Growth Accounting Engine measures total factor productivity — the contribution of intangible capital to your output growth. Track your Opagio 12 driver scores quarterly. Benchmark against your sector. Spot declining assets before they become problems.
What you’ll see: Quarterly dashboard with driver scores, trend lines, sector benchmarks, and alerts for drivers that are weakening.
Model scenarios and allocate capital
Save up to 20 investment scenarios and compare them side by side. Model how shifting capital between intangible drivers affects productivity, EBITDA, and enterprise value over 1-5 years. Make the case for investment with data, not narrative.
What you’ll see: Scenario comparison showing “invest £500K more in Technology” vs. “invest £500K more in Brand” with 5-year projected impact.
How companies use Opagio for ongoing growth
Board reporting on intangible capital
Your board sees financial metrics every quarter. Revenue, EBITDA, cash flow, headcount. But they don't see the assets driving those numbers — the technology platform, the customer relationships, the brand equity, the organisational processes. Opagio gives your board a structured intangible capital report: 12 driver scores, trend analysis, peer benchmarking, and investment recommendations.
R&D and innovation investment justification
You're spending £2M a year on R&D. Is it building a durable technology asset or being consumed? Opagio's Growth Accounting Engine isolates the intangible capital contribution of your R&D spend and shows whether it's producing measurable productivity gains. Stop defending R&D as a cost. Present it as capital formation.
Intangible capital allocation
You allocate physical capital carefully — capex budgets, fleet management, property decisions. But intangible investment (where 60-80% of your value sits) is buried in operating expenses with no structured oversight. Opagio maps every pound of intangible investment to the driver it's building, shows you where investment is concentrated vs. where gaps exist, and helps you allocate capital to the highest-return drivers.
Competitive intelligence and benchmarking
How does your intangible asset profile compare to your peers? Which drivers are your competitors investing in that you're not? Opagio's Intelligence Engine scans competitor profiles and produces comparative analysis across all 12 drivers. See your relative position and identify differentiation opportunities.
AI transformation: are you creating or destroying intangible value?
Block cut 40% of its workforce. Salesforce halved its support team. The market rewarded these moves. But nobody is measuring the full intangible impact: when you cut Human Capital and replace it with Technology Capital, what happens to the other 10 drivers? Organisational Capital walks out the door. Customer Capital may erode. Opagio measures the net effect — your Opagio 12 driver scores before, during, and after transformation. Whether you're investing in AI to accelerate or restructuring to get lean, you need the full intangible picture.
The 12 drivers of intangible value
Every company’s intangible portfolio is different. The Opagio 12™ framework measures your strength across all 12 drivers — from Technology & Innovation to Culture & Values — and shows you where your investment is producing returns and where it’s not.
Brand & Reputation
The enduring trust and market positioning your company has built with customers, partners, and the public.
Customer Capital
The strength and depth of relationships driving retention, expansion, and predictable revenue.
Network Effects & Platforms
The compounding advantages that make your platform more valuable as it grows.
Technology & Innovation
The proprietary technical capability that differentiates how you deliver value.
Data & Intelligence
The informational edge your company has built over time — and the decisions it enables.
Human Capital
The collective expertise, talent, and institutional knowledge powering your business.
Organizational Capital
The systems, processes, and ways of working that let your company scale without breaking.
Ecosystem & Partnerships
The strategic relationships that extend your reach beyond what you could build alone.
Content & IP
The thought leadership and published material that establishes your authority in the market.
Regulatory & Compliance Capital
The licences, certifications, and regulatory positions that protect your right to operate.
Switching Costs & Lock-In
The structural reasons customers stay — integration, data, workflow, or contractual lock-in.
Culture & Ways of Working
The shared beliefs and behaviours that shape how decisions get made and value gets created.
Get started in three steps
Run a free assessment
Score your company across the Opagio 12 in under 5 minutes. See your radar chart and top 3 drivers immediately.
Connect your data
Upload your general ledger or connect Xero. Opagio maps your financial data to intangible investment categories automatically. Your Normalised P&L and Value Drivers Register are populated within minutes.
Track and grow
Monitor your Opagio 12 scores quarterly. Benchmark against your sector. Model scenarios. Generate board-ready reports. Allocate capital to the drivers that matter most.
See the output before you commit
Run a free valuation on any company using our Intangible Asset Valuator. No sign-up required — evaluate the methodology before onboarding.
Trusted by companies managing intangible capital
“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.”
Mathew Nagel
CEO, Neatsmith
Revenue growth from 19% to 35%
“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.”
Shamir Sidhu
Founder, MoreYoga
Significant membership growth after repositioning
“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.”
Investment Partner
Managing Director, UK Growth VC
Portfolio-wide visibility into intangible investments
of S&P 500 value is intangible
Source: Ocean Tomo
of enterprise value sits in intangibles — invisible on traditional balance sheets
A comprehensive framework for intangible value driver analysis, with multi-year scenario modelling
Plans that scale with your business
All plans include The Opagio 12™ value driver framework, productivity analysis, and intangibles identification. Annual billing saves 15%.
Starter
For growth-stage SMEs
- ✓ Productivity growth analysis
- ✓ Intangibles identification
- ✓ Basic valuation reports
- ✓ 2 users
- ✓ Self-serve onboarding
Growth
Full analytics with forecasting
- ✓ Everything in Starter
- ✓ Growth forecasting
- ✓ Investment tracking
- ✓ Full valuation reports
- ✓ Automated quarterly insights brief
- ✓ 5 users
Scale
Premium platform tier with SLA-backed support
- ✓ Everything in Growth
- ✓ Custom valuation reports
- ✓ Automated monthly benchmark reports + custom alerts
- ✓ Premium API access + SLA-backed escalation routing
- ✓ 15 users
Frequently asked questions
Do I need to be preparing for an exit or fundraise to use Opagio?
No. Most Opagio customers use the platform for ongoing intangible asset management — tracking investment, measuring returns, and making smarter capital allocation decisions. Exit readiness and fundraise preparation are additional use cases, not prerequisites.
What data do I need to get started?
You can run a free Opagio 12 assessment with no data at all. To use the full Growth Accounting Engine and Normalised P&L, you’ll need your general ledger data — which you can upload as a CSV or connect directly from Xero, QuickBooks, or Sage.
How is this different from our existing financial reporting?
Your P&L and balance sheet show financial performance but treat intangible investments as expenses. Opagio reclassifies those investments, maps them to the 12 value drivers, and shows you the intangible capital you’re building — the same way a fixed asset register tracks your physical capital.
Is this relevant for public companies?
Yes. Public companies invest heavily in intangibles but have limited visibility into which investments are creating lasting value. Opagio provides the structured intangible capital view that complements your existing financial and ESG reporting. The Opagio 12 framework aligns with integrated reporting standards (Six Capitals / IIRC).
What’s the time commitment?
A free assessment takes 5 minutes. Full platform setup with GL data takes 1-2 hours. Ongoing use is designed around quarterly reviews — the same cadence as your board reporting cycle.
Start managing the assets that drive your value
Take a free assessment in 5 minutes. Or talk to our team about how Opagio fits your business.