About Foko Retail
Foko Retail is a company based in Ottawa (Canada) founded in 2013 by Marc Gingras and Colin McDonald was acquired by WorkForce Software in May 2021. Foko Retail has raised $5.45 million across 3 funding rounds from investors including WorkForce Software, BDC and Canadian Space Agency. Foko Retail offers products and services including Time and Attendance, Absence Management, Scheduling, and Labor Forecasting. Foko Retail operates in a competitive market with competitors including Humanity, TeamCore, Intelocate, Storee and Traxlo, among others.
- Headquarter Ottawa, Canada
- Founders Marc Gingras, Colin McDonald
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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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
$3 M (USD), Seed
Feb 17, 2021
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Investors
WorkForce Software
& 5 more
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Employee Count
Not available
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Acquired by
WorkForce Software
(May 01, 2021)
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Products & Services of Foko Retail
Foko Retail offers a comprehensive portfolio of products and services, including Time and Attendance, Absence Management, Scheduling, and Labor Forecasting.
Software for tracking employee hours and attendance.
System for handling employee leaves and absences.
Platform for creating and optimizing work schedules.
Tools for predicting labor needs and costs.
Funding Insights of Foko Retail
Foko Retail has successfully raised a total of $5.45M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in February 2021. 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 Foko Retail
Foko Retail has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include WorkForce Software, BDC and Canadian Space Agency.
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Early-stage venture capital is provided to Canadian technology startups by Real Ventures.
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Venture capital investments in startups are provided by Mistral.
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Commercial banking services for small and medium-sized enterprises are provided.
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Investor details for Foko Retail
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Foko Retail
Investment portfolio details for Foko Retail
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Financial Statements - Foko Retail
Detailed financials for Foko Retail
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Foko Retail Comparisons
Peer comparison for Foko Retail
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- Named peers
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Competitors of Foko Retail
Foko Retail 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 Humanity, TeamCore, Intelocate, Storee and Traxlo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based workforce management software is offered for scheduling and payroll.
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Workforce management software solutions are provided for in-store retail businesses.
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Provider of workforce management solution for businesses
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AI-based solutions for retail communication and task management are provided.
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Provider of store analysis solution for businesses
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Detailed competitors of Foko Retail
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Latest news on Foko Retail
Complete news archive for Foko Retail
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Frequently Asked Questions about Foko Retail
Foko Retail was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Foko Retail is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Marc Gingras is the current CEO of Foko Retail. They have also founded this company.
Foko Retail is a funded company, having raised a total of $5.45M across 3 funding rounds to date.
Foko Retail was founded in 2013 in Ottawa, Canada, and operates in the retail software sector. Solutions for merchandising, store operations management, workforce scheduling, monitoring, reporting, and analytics are offered to offline retailers. Integration with existing POS systems is supported. Features include photo sharing, direct messaging, file exchange, directive circulation, feedback collection, and group conversations to facilitate store communication.
Foko Retail offers Time and Attendance, Absence Management, Scheduling, and Labor Forecasting.
Foko Retail has 6 investors. Key investors include WorkForce Software, BDC, Canadian Space Agency, ID Gatineau, and Real Ventures.