XPRIZE Overview. XPRIZE is an established global leader in designing and executing large scale competitions to solve humanity’s greatest challenges. As a 501(c)3, our unique model democratizes innovation by incentivizing crowd-sourced, scientifically viable solutions to create a more equitable and abundant future for all. Since our founding in 1994, we’ve awarded over $300M in prize purses, inspired thousands of global innovators, and collaborate...