About BlackLocus
BlackLocus is a company based in Austin (United States) founded in 2010 was acquired by The Home Depot in December 2012.. BlackLocus has raised $1.21 million across 4 funding rounds from investors including The Home Depot, Innovation Works and Austin Technology Incubator. BlackLocus offers products and services including Intelligent Retail Technology and Scalable Technology Solutions. BlackLocus operates in a competitive market with competitors including Intelligence Node, Eversight, Profitero, EDITED and Aroma Bit, among others.
- Headquarter Austin, United States
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Blacklocus, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.21 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
The Home Depot
& 4 more
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Employee Count
Employee Count
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Acquired by
The Home Depot
(Dec 17, 2012)
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Products & Services of BlackLocus
BlackLocus offers a comprehensive portfolio of products and services, including Intelligent Retail Technology and Scalable Technology Solutions. 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.
Tools for analyzing retail data to inform business decisions
Systems integrating research with tech for retail problem-solving
Unlock access to complete
Funding Insights of BlackLocus
BlackLocus has successfully raised a total of $1.21M across 4 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(31 May 2010)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2014 | Amount | Seed - BlackLocus | Valuation | Austin Technology Incubator |
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| Jul, 2011 | Amount | Seed - BlackLocus | Valuation | Silverton Partners |
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| Jun, 2010 | Amount | Seed - BlackLocus | Valuation |
investors |
| 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 BlackLocus
BlackLocus has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include The Home Depot, Innovation Works and Austin Technology Incubator. 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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Deep tech commercialization is facilitated by Austin Technology Incubator.
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Founded Year | Domain | Location | |
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Tech companies are funded through venture capital by Silverton Partners.
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Founded Year | Domain | Location | |
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Accelerator programs supporting startups in technology sectors, including software and robotics, in Pittsburgh.
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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 BlackLocus
| 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 |
Financial Statements - BlackLocus
| 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 |
Blacklocus Comparisons
Competitors of BlackLocus
BlackLocus 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 Intelligence Node, Eversight, Profitero, EDITED and Aroma Bit, 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 |
AI-powered analytics tools are offered for retail pricing strategies.
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| domain | founded_year | HQ Location |
SaaS-based promotion software is offered for retail testing.
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| domain | founded_year | HQ Location |
Platform offering E- Commerce analytics solutions
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| domain | founded_year | HQ Location |
SaaS-based analytics solutions are provided for global retailers.
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| domain | founded_year | HQ Location |
Odor imaging sensors are developed to visualize scent patterns.
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| domain | founded_year | HQ Location |
Price optimization software is delivered for e-tailers and manufacturers.
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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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Latest news on Blacklocus
Frequently Asked Questions about BlackLocus
When was BlackLocus founded?
BlackLocus was founded in 2010.
Where is BlackLocus located?
BlackLocus is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is BlackLocus a funded company?
BlackLocus is a funded company, having raised a total of $1.21M across 4 funding rounds to date.
What does BlackLocus do?
BlackLocus was founded in 2010 and is headquartered in Austin, United States. Automated pricing tools are provided to mid-market and large online retailers in the e-commerce sector. Competitive data from the web is combined with store data to generate recommendations on pricing and assortment. Machine learning and revenue management techniques, informed by research from Carnegie Mellon and MIT, are applied through a pricing-as-a-service model.
Who are the top competitors of BlackLocus?
BlackLocus's top competitors include Intelligence Node, Eversight and Profitero.
What products or services does BlackLocus offer?
BlackLocus offers Intelligent Retail Technology and Scalable Technology Solutions.
Who are BlackLocus's investors?
BlackLocus has 5 investors. Key investors include The Home Depot, Innovation Works, Austin Technology Incubator, Silverton Partners, and AlphaLab.