About Globality
Globality is a company based in Palo Alto (United States) founded in 2015.. Globality has raised $367.55 million across 7 funding rounds from investors including SoftBank Vision Fund, Rollins Capital and Sienna. The company has 171 employees as of December 31, 2022. Globality offers products and services including Sourcing Platform, Tail Spend Management, and AI Integrations. Globality operates in a competitive market with competitors including Fairmarkit, Scoutbee, Tropic, Geniemode and supplier.io, among others.
- Headquarter Palo Alto, United States
- Employees 171 as on 31 Dec, 2022
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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 Globality, Inc.
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Annual Revenue
$19.27 M (USD)12as on Dec 31, 2022
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Net Profit
$746.48 K (USD)-35as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$367.55 M (USD)
in 7 rounds
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Latest Funding Round
$47 M (USD), Series E
Oct 22, 2024
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Investors
SoftBank Vision Fund
& 15 more
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Employee Count
171
as on Dec 31, 2022
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Products & Services of Globality
Globality offers a comprehensive portfolio of products and services, including Sourcing Platform, Tail Spend Management, and AI Integrations. 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.
Automates sourcing processes to facilitate competition and reduce costs.
Increases visibility and cuts costs on unmanaged enterprise spend.
Enhances productivity and compliance through flexible system integrations.
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Funding Insights of Globality
Globality has successfully raised a total of $367.55M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $47 million completed in October 2024. 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 7
- Last Round Series E — $47.0M
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First Round
First Round
(01 Mar 2015)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series E - Globality | Valuation |
investors |
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| Jan, 2021 | Amount | Series E - Globality | Valuation | SoftBank Vision Fund | |
| Jan, 2019 | Amount | Series D - Globality | Valuation | SoftBank Vision Fund |
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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 Globality
Globality has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SoftBank Vision Fund, Rollins Capital and Sienna. 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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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Multiple sectors are targeted through private equity by Raine.
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Founded Year | Domain | Location | |
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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 Globality
| 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 |
Financial Statements - Globality
| 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 |
Globality Comparisons
Competitors of Globality
Globality 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 Fairmarkit, Scoutbee, Tropic, Geniemode and supplier.io, 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 |
Cloud-based tail spend management is delivered for business procurement.
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| domain | founded_year | HQ Location |
Multi-category products are listed on an AI-driven B2B platform.
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| domain | founded_year | HQ Location |
Cloud-based procurement management solutions are offered for multiple industries.
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| domain | founded_year | HQ Location |
Sourcing and supply chain platform for retailers and suppliers
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| domain | founded_year | HQ Location |
Web-based supply chain sourcing solutions are provided to businesses.
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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 Globality
Frequently Asked Questions about Globality
When was Globality founded?
Globality was founded in 2015.
Where is Globality located?
Globality is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Globality a funded company?
Globality is a funded company, having raised a total of $367.55M across 7 funding rounds to date. The company's 1st funding round was a Series D of $100M, raised on Mar 01, 2015.
How many employees does Globality have?
As of Dec 31, 2022, the latest employee count at Globality is 171.
What is the annual revenue of Globality?
Annual revenue of Globality is $19.27M as on Dec 31, 2022.
What does Globality do?
Founded in 2015 and based in Palo Alto, United States, Globality operates in the technology and services sector. An AI-driven platform is provided to enable multinational companies to source and outsource work to small and midsize firms. Services encompass consulting in strategy, innovation, business development, operations, and commercial areas, along with legal, marketing, and procurement support. Collaboration tools and end-to-end project management are also facilitated for enterprises.
Who are the top competitors of Globality?
Globality's top competitors include Fairmarkit, Tropic and Scoutbee.
What products or services does Globality offer?
Globality offers Sourcing Platform, Tail Spend Management, and AI Integrations.
Who are Globality's investors?
Globality has 16 investors. Key investors include SoftBank Vision Fund, Rollins Capital, Sienna, The Raine Group, and John Joyce.
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