About GlobalServe
GlobalServe is a company based in Valhalla (United States) founded in 1996 was acquired by Connection in May 2016.. GlobalServe has raised $12.91 million across 7 funding rounds from investors including Connection, Compugen and CrossTechnology Venture Partners. GlobalServe operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
- Headquarter Valhalla, United States
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$12.91 M (USD)
in 7 rounds
-
Latest Funding Round
$3.28 M (USD), Series E
Jan 10, 2013
-
Investors
Connection
& 4 more
-
Employee Count
Employee Count
-
Acquired by
Connection
(May 27, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of GlobalServe
GlobalServe has successfully raised a total of $12.91M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $3.28 million completed in January 2013. 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 — $3.3M
-
First Round
First Round
(20 Aug 2002)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2013 | Amount | Series E - GlobalServe | Valuation |
investors |
|
| Oct, 2008 | Amount | Series E - GlobalServe | Valuation |
investors |
|
| Dec, 2007 | Amount | Series E - GlobalServe | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GlobalServe
GlobalServe has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Connection, Compugen and CrossTechnology Venture Partners. 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 |
|---|---|---|---|---|
|
VC Firm investing in geographies such as Japan, Europe and the US
|
Founded Year | Domain | Location | |
|
Early-stage tech and life sciences focused VC investment company funding companies in the US
|
Founded Year | Domain | Location | |
|
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by GlobalServe
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - GlobalServe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Globalserve Comparisons
Competitors of GlobalServe
GlobalServe 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 Coupa, Sage Group, Tipalti, Emburse and Airbase, 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 end-to-end spend management software is delivered for businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
|
|
| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
|
|
| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about GlobalServe
When was GlobalServe founded?
GlobalServe was founded in 1996 and raised its 1st funding round 6 years after it was founded.
Where is GlobalServe located?
GlobalServe is headquartered in Valhalla, United States. It is registered at Valhalla, New York, United States.
Is GlobalServe a funded company?
GlobalServe is a funded company, having raised a total of $12.91M across 7 funding rounds to date. The company's 1st funding round was a Series E of $6.42M, raised on Aug 20, 2002.
What does GlobalServe do?
GlobalServe Inc provides IT equipment supply chain services for procurement, deployment, and service solutions. Its OneSource Procurement Engine offers a single point of contact for purchasing, distributing, and managing global information technology investments for organizations.The company also provides software development services, which include search engine optimizationmarketing, application developments, Web development, mobile application development, games development, Web hosting, firmware development, E-commerce application development, Linux drivers development, simulation programs development, and satellite communication application development. It serves oil and gas, manufacturing, consumer products, quick service restaurant chains, and technology industries.
Who are the top competitors of GlobalServe?
GlobalServe's top competitors include Coupa, Sage Group and Airbase.
Who are GlobalServe's investors?
GlobalServe has 5 investors. Key investors include Connection, Compugen, CrossTechnology Venture Partners, Hudson Ventures, and MMV Financial.