About Foundation
Foundation is a company based in Bellevue (United States) founded in 2022 by Shiv Agarwal. It operates as a SaaS (Software-as-a-Service) and B2B2C. Foundation has raised $3 million across 1 funding round from investors including Founders' Co-op, Ascend and Fortson Venture Capital. Foundation offers products and services including B2B eCommerce Platform, Order Management System (OMS), Sales Rep CRM, B2B Portal, and Product Information Management (PIM). Foundation operates in a competitive market with competitors including Cart.com, Zubale, BigCommerce, VTEX and Unicommerce, among others.
- Headquarter Bellevue, United States
- Founders Shiv Agarwal
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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 Foundation Commerce 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
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Seed
May 01, 2023
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Investors
Founders' Co-op
& 3 more
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Employee Count
Not available
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Products & Services of Foundation
Foundation offers a comprehensive portfolio of products and services, including B2B eCommerce Platform, Order Management System (OMS), Sales Rep CRM, B2B Portal, and Product Information Management (PIM).
A platform designed for B2B commerce operations.
Streamlines complex orders with real-time tracking features.
Centralized CRM tailored for B2B sales efficiency.
Enables customer self-service for orders and catalogs.
Manages complex product data and custom catalogs.
People of Foundation
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Funding Insights of Foundation
Foundation has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in May 2023. 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 Foundation
Foundation has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Founders' Co-op, Ascend and Fortson Venture Capital.
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Seed and early-stage tech investments are made in the US.
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Ascend is recognized as a pre-seed venture capital fund based in the Pacific Northwest.
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Seed stage investments are offered by Fortson Venture Capital.
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Investor details for Foundation
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Investments & Acquisitions by Foundation
Investment portfolio details for Foundation
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Financial Statements - Foundation
Detailed financials for Foundation
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Foundation Comparisons
Peer comparison for Foundation
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Competitors of Foundation
Foundation 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, VTEX and Unicommerce, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Software suite solutions are provided for e-commerce businesses.
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Platform offering retail sales enablement and reward software
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SaaS-based software suites for e-commerce operations are provided.
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SaaS-based collaborative commerce solutions are provided for brands and retailers.
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Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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Platforms for e-commerce, marketing, and manufacturing are provided.
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Detailed competitors of Foundation
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Latest news on Foundation
Complete news archive for Foundation
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Frequently Asked Questions about Foundation
Foundation was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Foundation is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Shiv Agarwal is the current CEO of Foundation. They have also founded this company.
Foundation is a funded company, having raised a total of $3M across 1 funding round to date.
Foundation is established as a B2B eCommerce platform catering to manufacturers, distributors, and wholesalers. Operations are streamlined through advanced solutions like order management, customer relationship management, and product information systems. The platform is designed to handle complex sales processes, offering scalability, security, and seamless integration with ERP systems. Sectors served include manufacturing, distribution, and branding, with a focus on enhancing sales efficiency and customer experience through self-service portals and personalized pricing engines.
Foundation's top competitors include VTEX, CommerceIQ and Cart.com.
Foundation offers B2B eCommerce Platform, Order Management System (OMS), Sales Rep CRM, B2B Portal, and Product Information Management (PIM).
Foundation has 4 investors. Key investors include Founders' Co-op, Ascend, Fortson Venture Capital, and Upside Partnership.