About Fountain Nine
Fountain Nine is a Retail company based in San Francisco (United States) founded in 2020, and was acquired by Rappi in September 2024. It operates as a demand forecasts and stock-out predictions are offered for businesses. It operates in the Retail and Technology sectors. Fountain Nine has raised $2.03 million across 3 funding rounds from investors including Hewlett Packard Enterprise, Globevestor and Y Combinator. The company has 34 employees. Its Indian entity Fountain9 Private Limited reported revenue of ₹2.64 Cr. Its focus areas include In Store Retail Tech, Analytics, Operations Intelligence and Inventory Management. Its competitors include data.ai, TapClicks, SPINS, 4C Insights and Funnel and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
Fountain Nine was founded in 2020 and is headquartered in San Francisco, United States. The platform provides AI-driven predictive inventory planning and optimization software targeted at e-commerce, direct-to-consumer, and retail sectors. Kronoscope, its main product, analyzes historical sales trends, seasonality, and holidays to forecast demand patterns, thereby addressing inventory accumulation and shortages. Operations focus on data integration for accurate business inventory management.
- Headquarters San Francisco, United States
- Employees 34
- Stage Acquired
- SectorsRetailTechnology
- Email••••••••
- Phone•••• ••••
- Website fountain9.com
- Social LinkedIn X Facebook
- Acquired by Rappi (Sep 2024)
- Legal Name Fountain9 Private Limited
- Date of Incorporation 01 Nov, 2018
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹2.64 Cr
FY 2025 · -74% YoY
- Net Profit₹9.1 Lakh
FY 2025 · 3% margin
- EBITDA₹25.3 Lakh
FY 2025 · 10% margin
- Total Equity Funding$2.03M (USD)
in 3 rounds
- InvestorsHewlett Packard Enterprise
& 8 more
- Employee Count34
- Acquired byRappi
(Sep 2024)
Associated legal entities of Fountain Nine
Fountain Nine operates through Fountain9 Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fountain9 Private Limited CIN U72100MH2018PTC316715 | Active | 01 Nov 2018 | Thane, Maharashtra | ₹2.6 Cr | 34 | 2 | View details |
Funding Insights of Fountain Nine
Fountain Nine has successfully raised a total of $2.03M across 3 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 $2.03M
- Total Rounds 3
- First Round $125,000
(Mar 2021)
- Investors Count 8
All 3 funding rounds of Fountain Nine with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | – | Grant | – | – | |
| Jul 2021 | $1.9M | Seed | – | – | |
| Mar 2021 | $125,000 | Seed | – | Y Combinator | – |
9 investors in total: 7 institutional and 2 angel.
Investors in Fountain Nine
Fountain Nine has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Hewlett Packard Enterprise, Globevestor and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Investments are made in early-stage companies by Titan Capital. | – | titancapital.vc | Gurugram, India | |
Venture capital firm investing in multiple sectors | – | blueimpact.de | Berlin, Germany | |
Early-stage venture capital investment firm | – | xeed.vc | Bengaluru, India | |
Equity-based crowdfunding platform for startups | 2013 | globevestor.com | Claymont, United States | |
HPC solutions are delivered via supercomputers and storage systems. | 2015 | hpe.com | Houston, United States | |
TY Tracy Young | Co-founder of PlanGrid, active angel investor in tech startups. | – | unknown_fbed704add374bca9 | - |
HL Holly Liu | - | – | unknown_7cba39cc53424e14b | - |
Rappi is operated as an on-demand delivery platform in Mexico. | – | rappi.com.mx | Mexico |
Investor details for Fountain Nine
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Board of directors of Fountain9 Private Limited (Fountain Nine)
Fountain9 Private Limited is the primary company behind Fountain Nine. The board of Fountain9 Private Limited currently have 2 directors; the longest-serving is Rajas Dilip Lonkar, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajas Dilip Lonkar DIN 08272267 | Director | 01 Nov 2018 | 7 yrs 11 mo | Fountain9 Private Limited |
| Niki Maruti Khokale DIN 08272266 | Director | 01 Nov 2018 | 7 yrs 11 mo | Fountain9 Private Limited |
People of Fountain Nine
2 people are tracked at Fountain Nine (2 in leadership); the tracked headcount is 34.
| Name | Role | Group |
|---|---|---|
| founder | Leadership | |
| – | Leadership |
Complete people profiles for Fountain Nine
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Financials of Fountain Nine
Figures of Fountain9 Private Limited, the primary company behind Fountain Nine, for FY 2025. Revenue was ₹2.64 Cr (-74% year on year). Net profit was ₹9.1 Lakh (3% margin). EBITDA was ₹25.3 Lakh (10% margin). Revenue has grown at a compounded annual rate of -7% over three years and +29% over five years.
- ₹2.64 CrRevenue · FY 2025 · -74% YoY
- ₹9.1 LakhNet profit · 3% margin
- ₹25.3 LakhEBITDA · 10% margin
- ₹1 LakhPaid-up capital
- 34Employees (provident fund records)
- -7%Revenue CAGR, 3 years
- +29%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fountain9 Private Limited are on its company page.
Detailed financial statements for Fountain Nine
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Timeline of Fountain Nine
4 dated milestones of Fountain Nine across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Fountain Nine is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Grant,.
- Exit Acquired by Rappi.
Competitors of Fountain Nine
Fountain Nine has 10 listed competitors in our database, 8 of them funded. They include data.ai, TapClicks, SPINS, 4C Insights and Funnel, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| data.ai | 2010 | San Francisco, United States | $157M | 123 | Market data is analyzed by AI to generate consumer insights. | |
| tapclicks.com | 2011 | San Jose, United States | $23.5M | 64 | Cloud based marketing management platform for businesses | |
| spins.com | 1995 | Chicago, United States | – | 328 | Retail consumer analytics services are provided for natural products sector. | |
| 4cinsights.com | 2011 | Chicago, United States | $31.7M | 282 | Cloud-based market intelligence is delivered across closed ecosystems. | |
| funnel.io | 2014 | Stockholm, Sweden | $131M | – | Cloud-based platform for integrating and analyzing marketing data is offered. | |
| inmarket.com | 2010 | Austin, United States | $1M | 264 | Marketing measurement solutions are delivered to link brands with consumers. | |
| edo.com | 2014 | Los Angeles, United States | $92.44M | 101 | EDO is recognized as a TV outcomes company focused on advertising analytics. | |
| vyprclients.com | 2013 | Manchester, United Kingdom | $13.85M | 38 | SaaS-based product intelligence and customer analytics are provided to businesses. | |
| amplyfi.com | 2015 | Cardiff, United Kingdom | $11.85M | 40 | Open-source data is curated, analyzed, and visualized via AI platform. | |
| home.neustar | 1996 | Sterling, United States | – | – | Predictive analytics and security solutions are delivered via cloud platform. |
Detailed competitors of Fountain Nine
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Web traffic of Fountain Nine
The website of Fountain Nine (fountain9.com) receives about 1K visits a month.
- Monthly visits1K
▲ 30.3% vs previous month
Top companies in Autonomous & In-Store Retail Tech
10 companies that operate in the same segment as Fountain Nine (Autonomous & In-Store Retail Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 576 | |
App-based bookkeeping solutions are offered for small business management. | 2018 | Bengaluru, Karnataka, India | USD 186.62 M | USD 165.88 K | – | |
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | – | 2,684 | |
Retail intelligence platform is developed for brands and B2B retailers. | 2008 | Bengaluru, Karnataka, India | USD 21.11 M | USD 7.69 M | 345 | |
Point-of-sale financing is enabled for installment purchases at partnered retailers. | 2016 | Minneapolis, Minnesota, United States | USD 17.51 M | USD 450.28 M | 408 | |
Loyalty management solutions are provided for offline retail stores. | 2012 | San Francisco, California, United States | USD 23.1 M | – | 23 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | – | – | |
Unified platform for retail and supply chain planning is offered. | 2005 | Helsinki, Uusimaa, Finland | USD 816.41 M | USD 247.75 M | 2,302 |
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Related news about Fountain Nine
Complete news archive for Fountain Nine
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Frequently Asked Questions about Fountain Nine
Fountain Nine was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Fountain Nine is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Fountain Nine is a funded company, having raised a total of $2.03M across 3 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Mar 2021.
Fountain Nine has 34 employees.
The primary company behind Fountain Nine, Fountain9 Private Limited, reported revenue of ₹2.64 Cr for FY 2025, down 74% year on year.
Fountain Nine was founded in 2020 and is headquartered in San Francisco, United States. The platform provides AI-driven predictive inventory planning and optimization software targeted at e-commerce, direct-to-consumer, and retail sectors. Kronoscope, its main product, analyzes historical sales trends, seasonality, and holidays to forecast demand patterns, thereby addressing inventory accumulation and shortages. Operations focus on data integration for accurate business inventory management.
Fountain Nine's top competitors include 4C Insights, Vypr and EDO.
Fountain Nine has 9 investors. Key investors include Hewlett Packard Enterprise, Globevestor, Y Combinator, Titan Capital, and Blue Impact.
Fountain Nine operates through Fountain9 Private Limited.
Yes. Fountain Nine was acquired by Rappi in September 2024.
The legal entities of Fountain Nine currently have 2 directors, including Rajas Dilip Lonkar, Niki Maruti Khokale.