About Fresche Solutions
Fresche Solutions is a company based in Montreal (Canada) founded in 1976 was acquired by American Pacific Group in December 2020.. Fresche Solutions has raised $16 million across 3 funding rounds from investors including TD Bank, Invest Quebec and Northstar Capital. Fresche Solutions has completed 7 acquisitions, including Abacus Solutions, Databorough and OmniData. Fresche Solutions offers products and services including Modernization Solutions, KTLO Services, Cloud Infrastructure, and Data Analytics and AI. Fresche Solutions operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
- Headquarter Montreal, Canada
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Fresche Solutions Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16 M (USD)
in 3 rounds
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Latest Funding Round
$60 M (USD), Debt – Conventional
May 24, 2018
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Investors
TD Bank
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Abacus Solutions
& 6 more
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Acquired by
American Pacific Group
(Dec 11, 2020)
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Products & Services of Fresche Solutions
Fresche Solutions offers a comprehensive portfolio of products and services, including Modernization Solutions, KTLO Services, Cloud Infrastructure, and Data Analytics and AI. 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-powered tools to reduce technical debt in systems
24/7 monitoring and operational support for IT systems
On-demand hosting and security for business applications
Tools to integrate and analyze data for enterprise insights
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Funding Insights of Fresche Solutions
Fresche Solutions has successfully raised a total of $16M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $60 million completed in May 2018. 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 Funding
- Total Rounds 3
- Last Round Debt – Conventional — $60.0M
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First Round
First Round
(02 Dec 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Debt – Conventional - Fresche Solutions | Valuation |
investors |
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| Jun, 2016 | Amount | Series B - Fresche Solutions | Valuation |
investors |
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| Dec, 2015 | Amount | Series A - Fresche Solutions | Valuation |
investors |
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| 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 Fresche Solutions
Fresche Solutions has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include TD Bank, Invest Quebec and Northstar 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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Northstar Capital is recognized as a trusted financing partner for the lower middle market.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Business guidance for corporate companies and startups
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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 Fresche Solutions
Fresche Solutions has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Abacus Solutions, Databorough and OmniData. 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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Diversified AI and data analytics services are provided.
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2019 | ||||
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IBM i security is assessed, audited, and reported.
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2012 | ||||
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IT infrastructure systems & services including storage, email archive, hosting & support
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2000 |
| 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 - Fresche Solutions
| 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 |
Fresche Solutions Comparisons
Competitors of Fresche Solutions
Fresche Solutions 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 AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, 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 |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Mobile apps and IoT solutions are developed across platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Fresche Solutions
Frequently Asked Questions about Fresche Solutions
When was Fresche Solutions founded?
Fresche Solutions was founded in 1976 and raised its 1st funding round 39 years after it was founded.
Where is Fresche Solutions located?
Fresche Solutions is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Fresche Solutions a funded company?
Fresche Solutions is a funded company, having raised a total of $16M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Dec 02, 2015.
What does Fresche Solutions do?
Founded in 1976 and headquartered in Montreal, Canada, Fresche Solutions operates in the IT sector. Services encompass web and mobile application development, GUI enhancements, code and database modernization, staffing, application management, and IT strategy consulting. Products such as the X-Analysis suite, Newlook Suite, Netlert, and Softbase are provided. Partnerships with IBM and Zend support these operations.
Who are the top competitors of Fresche Solutions?
Fresche Solutions's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does Fresche Solutions offer?
Fresche Solutions offers Modernization Solutions, KTLO Services, Cloud Infrastructure, and Data Analytics and AI.
How many acquisitions has Fresche Solutions made?
Fresche Solutions has made 7 acquisitions, including Abacus Solutions, Databorough, and OmniData.
Who are Fresche Solutions's investors?
Fresche Solutions has 4 investors. Key investors include TD Bank, Invest Quebec, Northstar Capital, and American Pacific Group.
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