About Fredhopper
Fredhopper is a company based in London (United Kingdom) founded in 2002 was acquired by CrownPeak in November 2022. It operates as a SaaS (Software-as-a-Service). The company has 159 employees as of December 31, 2020. Fredhopper has completed 1 acquisition, including Fredhopper. Fredhopper offers products and services including Fredhopper Product Discovery, Fredhopper AI Search, Fredhopper Intelligent Merchandising, and Fredhopper Recommendations. Fredhopper operates in a competitive market with competitors including BloomReach, Medallia, Klaviyo, Elastic Path Software and Yotpo, among others.
- Headquarter London, United Kingdom
- Employees 159 as on 31 Dec, 2020
- Stage Public
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Sectors
TechnologyRetail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Crownpeak Technology, Inc.
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Products & Services of Fredhopper
Fredhopper offers a comprehensive portfolio of products and services, including Fredhopper Product Discovery, Fredhopper AI Search, Fredhopper Intelligent Merchandising, and Fredhopper Recommendations. 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.
AI-driven product discovery for enhanced online shopping experiences.
Smarter search functionality to boost customer conversion rates.
Adapts merchandising to regional trends for global scalability.
Personalized product recommendations to increase average order value.
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Funding Insights of Fredhopper
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $5.0M
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First Round
First Round
(12 Nov 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2015 | Amount | Post-IPO - Fredhopper | 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 Fredhopper
Fredhopper has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CrownPeak and Azini Capital. 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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Founded Year | Domain | Location | |
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Cloud-based digital experience management & website personalization platform
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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 Fredhopper
Fredhopper has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fredhopper. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Tools for eCommerce search and personalization are provided by Fredhopper.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Fredhopper
| 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 |
Fredhopper Comparisons
Competitors of Fredhopper
Fredhopper 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 BloomReach, Medallia, Klaviyo, Elastic Path Software and Yotpo, 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 |
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| domain | founded_year | HQ Location |
SaaS-based product discovery and personalization for e-commerce are provided.
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| domain | founded_year | HQ Location |
Medallia is focused on customer and employee experience management.
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| domain | founded_year | HQ Location |
SaaS email marketing solutions are offered to e-commerce businesses.
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| domain | founded_year | HQ Location |
API-based enterprise commerce and content management platform is delivered.
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| domain | founded_year | HQ Location |
Cloud-based marketing platform for e-tailers
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| domain | founded_year | HQ Location |
Marketing solutions for e-commerce businesses are provided by Bango.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Fredhopper
Frequently Asked Questions about Fredhopper
When was Fredhopper founded?
Fredhopper was founded in 2002 and raised its 1st funding round 13 years after it was founded.
Where is Fredhopper located?
Fredhopper is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does Fredhopper have?
As of Dec 31, 2020, the latest employee count at Fredhopper is 159.
What is the annual revenue of Fredhopper?
Annual revenue of Fredhopper is $31.45M as on Dec 31, 2021.
What does Fredhopper do?
AI-powered product discovery solutions are offered by Fredhopper, a Crownpeak solution, to enhance eCommerce experiences for leading international retail and fashion brands. Services are focused on smarter search, personalized recommendations, and intelligent merchandising. Sectors served include fashion, beauty, electronics, homeware, sports, outdoors, DIY, and B2B eCommerce. Solutions are designed to boost conversions, increase average order value, and reduce manual tasks through integrations with platforms like Shopify, BigCommerce, Salesforce Commerce, and CommerceTools. Global scalability is supported with localized merchandising to adapt to regional trends and shopper behaviors.
Who are the top competitors of Fredhopper?
Fredhopper's top competitors include Klaviyo, CommerceIQ and Yotpo.
What products or services does Fredhopper offer?
Fredhopper offers Fredhopper Product Discovery, Fredhopper AI Search, Fredhopper Intelligent Merchandising, and Fredhopper Recommendations.
How many acquisitions has Fredhopper made?
Fredhopper has made 1 acquisition, including Fredhopper.
Who are Fredhopper's investors?
Fredhopper has 2 investors. Key investors include CrownPeak, and Azini Capital.
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