About Askuity
Askuity is a company based in Toronto (Canada) founded in 2012 was acquired by The Home Depot in January 2019. Askuity has raised $5.45 million across 3 funding rounds from investors including The Home Depot, dunnhumby Ventures and MaRS Discovery District. Askuity offers products and services including Supplier Analytics Program and Suite of Analytics Tools. Askuity operates in a competitive market with competitors including RetailNext, Trax, RELEX, Wasoko and Wiser, among others.
- Headquarter Toronto, Canada
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Sectors
TechnologyRetail
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Phone
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Website
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Social
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- Legal Name Askuity Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5.45 M (USD)
in 3 rounds
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Latest Funding Round
$2.3 M (USD), Series B
Oct 30, 2017
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Investors
The Home Depot
& 2 more
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Employee Count
Not available
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Acquired by
The Home Depot
(Jan 11, 2019)
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Products & Services of Askuity
Askuity offers a comprehensive portfolio of products and services, including Supplier Analytics Program and Suite of Analytics Tools.
Tools for data-driven retail decision making and collaboration.
Enables proactive supplier-merchant partnerships in retail.
People of Askuity
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Funding Insights of Askuity
Askuity has successfully raised a total of $5.45M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $2.3 million completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Askuity
Askuity has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include The Home Depot, dunnhumby Ventures and MaRS Discovery District.
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MaRS Discovery District is focused on supporting startups and fostering innovation.
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Company is a retailer of home furnishing products
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Investor details for Askuity
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Investments & Acquisitions by Askuity
Investment portfolio details for Askuity
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Financial Statements - Askuity
Detailed financials for Askuity
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Askuity Comparisons
Peer comparison for Askuity
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Competitors of Askuity
Askuity 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 RetailNext, Trax, RELEX, Wasoko and Wiser, among others.
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In-store customer behavior is tracked and analyzed in real-time.
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Cloud-based analytics solutions for retail shelf management are delivered.
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Unified platform for retail and supply chain planning is offered.
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Online B2B marketplace offering groceries for enterprises
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Price intelligence and optimization software is provided for e-commerce retailers.
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Cloud-based retail POS solutions
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Detailed competitors of Askuity
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Latest news on Askuity
Complete news archive for Askuity
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Frequently Asked Questions about Askuity
Askuity was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Askuity is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Askuity is a funded company, having raised a total of $5.45M across 3 funding rounds to date.
Askuity was founded in 2012 in Toronto, Canada, as a provider in the retail analytics sector. A platform is offered that connects retailers and product vendors through secure data sharing at product and store levels. Analytic tools are included to support decision-making, collaboration, and execution in the retail supply chain. Operations focus on reducing out-of-stocks, improving inventory turns, and optimizing promotional spending for participating businesses.
Askuity offers Supplier Analytics Program and Suite of Analytics Tools.
Askuity has 3 investors. Key investors include The Home Depot, dunnhumby Ventures, and MaRS Discovery District.