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§ Private Profile · Toronto, ON, Canada
Retail analytics platform connecting retailers and product brands, providing big data insights for supply chain collaboration and execution
Askuity is a Toronto, Ontario-based software company that provides a cloud-based retail analytics platform connecting retailers and product manufacturers through point-of-sale data and supply chain insights. The software platform automates data cleansing and analysis to deliver actionable metrics on sales performance, merchandising, and inventory levels across mobile and desktop applications. Prior to its acquisition, the enterprise software firm operated with approximately 30 employees and raised $6.13 million in total venture funding. The company secured early financial backing from institutional investors including dunnhumby and the MaRS Investment Accelerator Fund, while serving major consumer product brands like Philips and Bosch. In December 2018, the business was acquired by The Home Depot to integrate its data sharing technology directly into the retailer's internal vendor analytics operations. Askuity was founded in 2012 by Eric Green and Neal Lappe.
Askuity has raised $3.8M across 2 funding rounds.
Askuity has raised $3.8M in total across 2 funding rounds.
Askuity has raised $3.8M across 2 funding rounds. Most recently, it raised $2.0M Series A in January 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 12, 2016 | $2M Series A | — | Raphi Savitz | Announced |
| May 28, 2014 | $1.8M Seed | — | Dunnhumby Ventures, MARS | Announced |
Askuity has raised $3.8M in total across 2 funding rounds.
Askuity's investors include Raphi Savitz, dunnhumby Ventures, MaRS.