BlackSquare

Calgary, Canada Founded: 2009 • Age: 17 yrs
SaaS solutions are delivered for the beverage industrys operations.
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About BlackSquare

BlackSquare is a company based in Calgary (Canada) founded in 2009 by Matthew Protti and David Gluzman.. BlackSquare has raised $3.81 million across 5 funding rounds from investors including Accelerate Fund and HorizonOne Asset Management. BlackSquare offers products and services including Insight Platform, Ecommerce Enablement, and Fulfillment Coordination. BlackSquare operates in a competitive market with competitors including Cart.com, Zubale, BigCommerce, Unicommerce and AnyMind Group, among others.

  • Headquarter Calgary, Canada
  • Founders Matthew Protti, David Gluzman
  • Sectors
    Consumer
    Technology Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Blacksquare Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition
Technology → Marketing, Adtech & Commerce Technology
Technology → Enterprise Software & Productivity Solutions
Retail → E-Commerce Platforms & Marketplaces
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.81 M (USD)

    in 5 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of BlackSquare

BlackSquare offers a comprehensive portfolio of products and services, including Insight Platform, Ecommerce Enablement, and Fulfillment Coordination. 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.

Primary

Platform for data-driven marketing in alcohol industry

Tools for engaging online sales experiences

System for managing order and delivery processes

People of BlackSquare
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Manash Goswami
CFO
People
Jodi Bagyinka
SVP, Finance & Accounting

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Funding Insights of BlackSquare

BlackSquare has successfully raised a total of $3.81M across 5 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 Rounds 5
  • Last Round
  • First Round

    (30 Sep 2010)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2016 Amount Seed - BlackSquare Valuation

investors

Sep, 2013 Amount Seed - BlackSquare Valuation

investors

Sep, 2013 Amount Private Equity Round - BlackSquare Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BlackSquare

BlackSquare has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Accelerate Fund and HorizonOne Asset Management. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage funding is offered to Alberta technology companies.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BlackSquare

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BlackSquare

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Blacksquare Comparisons

Employees
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Competitors of BlackSquare

BlackSquare 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 Cart.com, Zubale, BigCommerce, Unicommerce and AnyMind Group, 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
Software suite solutions are provided for e-commerce businesses.
domain founded_year HQ Location
Platform offering retail sales enablement and reward software
domain founded_year HQ Location
SaaS-based software suites for e-commerce operations are provided.
domain founded_year HQ Location
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
domain founded_year HQ Location
Platforms for e-commerce, marketing, and manufacturing are provided.
domain founded_year HQ Location
Software suite solutions are provided for brands and e-commerce businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Blacksquare

Frequently Asked Questions about BlackSquare

When was BlackSquare founded?

BlackSquare was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is BlackSquare located?

BlackSquare is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

Who is the current CEO of BlackSquare?

Matthew Protti is the current CEO of BlackSquare. They have also founded this company.

Is BlackSquare a funded company?

BlackSquare is a funded company, having raised a total of $3.81M across 5 funding rounds to date. The company's 1st funding round was a Private Equity Round of $1.18M, raised on Sep 30, 2010.

What does BlackSquare do?

BlackSquare was founded in 2009 in Calgary, Canada, as an online SaaS platform tailored to the beverage sector, with emphasis on wine and beer businesses. Core functionalities encompass e-commerce platforms, point-of-sale systems, customer relationship management, gifting options, email marketing tools, accounting integration, payment processing, shipping logistics, social media connectivity, inventory tracking, and reporting analytics. Operations are centered on streamlining business processes for industry participants.

Who are the top competitors of BlackSquare?

BlackSquare's top competitors include CommerceIQ, Cart.com and SPS Commerce.

What products or services does BlackSquare offer?

BlackSquare offers Insight Platform, Ecommerce Enablement, and Fulfillment Coordination.

Who are BlackSquare's investors?

BlackSquare has 2 investors. Key investors include Accelerate Fund, and HorizonOne Asset Management.

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