About 2020
2020 is a company based in Laval (Canada) founded in 1987 by Jean Mignault and George Lu was acquired by Genstar Capital in May 2021. It operates as a SaaS (Software-as-a-Service), and Subscription Services. The company has 257 employees as of April 08, 2024. 2020 has completed 4 acquisitions, including FeneTech, Icovia and Promob. 2020 offers products and services including Design Flex, 2020 Cap, 2020 Insight, and 2020 Ideal Spaces. 2020 operates in a competitive market with competitors including InContext Solutions, ThirdChannel, SmartSpotter, Virtual Retail and Shelfr, among others.
- Headquarter Laval, Canada
- Employees 257 as on 08 Apr, 2024
- Founders Jean Mignault, George Lu
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name 20-20 Technologies Inc.
- Date of Incorporation 28 Aug, 2013
- Jurisdiction Haveli, Maharashtra, India
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Annual Revenue
$4.53 M (USD)-26.97as on Mar 31, 2023
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Net Profit
$543.13 K (USD)-3.91as on Mar 31, 2023
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EBITDA
$750.35 K (USD)-6.45as on Mar 31, 2023
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Latest Funding Round
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Investors
Genstar Capital
& 1 more
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Employee Count
257
as on Apr 08, 2024
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Investments & Acquisitions
FeneTech
& 3 more
- Acquired by
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Products & Services of 2020
2020 offers a comprehensive portfolio of products and services, including Design Flex, 2020 Cap, 2020 Insight, and 2020 Ideal Spaces. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for kitchen and bathroom design solutions.
Tool for office space planning and visualization.
Solution for automating furniture manufacturing processes.
Cloud-based tool for 3D space planning.
Funding Insights of 2020
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 2020
2020 has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Genstar Capital and Golden Gate Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Private equity investments, business building, and long-term partnerships in finance and investment sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 2020
2020 has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include FeneTech, Icovia and Promob. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online SAAS for interior design and space planning is provided.
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2006 | ||||
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Software suite solutions are provided for enterprises by Promob.
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2005 | ||||
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Integrated ERP solutions are provided for the fabrication industry.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - 2020
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
2020 Comparisons
Competitors of 2020
2020 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as InContext Solutions, ThirdChannel, SmartSpotter, Virtual Retail and Shelfr, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Virtual reality solutions are provided for retail simulations and testing.
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| domain | founded_year | HQ Location |
Provider of retail execution solutions combining technology with field personnel
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| domain | founded_year | HQ Location |
Retailer store executions are checked via a mobile crowdsourced platform.
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| domain | founded_year | HQ Location |
Provider of a VR-based platform for retail applications
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| domain | founded_year | HQ Location |
Delivers comprehensive planogramming solutions for offline retailers.
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| domain | founded_year | HQ Location |
Predictive A/B testing solutions for in-store marketing executions are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 2020
When was 2020 founded?
2020 was founded in 1987.
Where is 2020 located?
2020 is headquartered in Laval, Canada. It is registered at Laval, Quebec, Canada.
Who is the current CEO of 2020?
Mark Stoever is the current CEO of 2020.
How many employees does 2020 have?
As of Apr 08, 2024, the latest employee count at 2020 is 257.
What is the annual revenue of 2020?
Annual revenue of 2020 is $4.53M as on Mar 31, 2023.
What does 2020 do?
Software solutions are offered by 2020 for interior designers, manufacturers, and retailers. Focus is placed on kitchen, bathroom, and office design tools. Sectors served include residential and commercial design alongside furniture manufacturing. Comprehensive platforms are developed to streamline design, visualization, and quoting processes. Automation of manufacturing operations is supported for efficiency. Cloud-based retail solutions are provided for omnichannel consumer engagement. Catalog content services are included to enhance product integration.
Who are the top competitors of 2020?
2020's top competitors include InContext Solutions, ThirdChannel and Virtual Retail.
What products or services does 2020 offer?
2020 offers Design Flex, 2020 Cap, 2020 Insight, and 2020 Ideal Spaces.
How many acquisitions has 2020 made?
Who are 2020's investors?
2020 has 2 investors. Key investors include Genstar Capital, and Golden Gate Capital.
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