About Gradient
Gradient is a company based in Calgary (Canada) founded in 2020 by Ryan Barker, Mike Urquhart, and Colin Knox. It operates as a SaaS (Software-as-a-Service), and Managed Services. Gradient has raised $10.3 million across 1 funding round from investors including Anthos Capital, StoneMill Ventures and Gula Tech Adventures. Gradient offers products and services including Usage Reconciliation Software and Managed Billing Reconciliation. Gradient operates in a competitive market with competitors including Datto, Atera, SuperOps, SyncroMSP and Saaslio, among others.
- Headquarter Calgary, Canada
- Founders Ryan Barker, Mike Urquhart, Colin Knox
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Gradient Msp Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$10.3 M (USD)
in 1 rounds
-
Latest Funding Round
$10.3 M (USD), Series A
Nov 08, 2021
-
Investors
Anthos Capital
& 3 more
-
Employee Count
Employee Count
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
Products & Services of Gradient
Gradient offers a comprehensive portfolio of products and services, including Usage Reconciliation Software and Managed Billing Reconciliation. 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.
Vendor usage is reconciled automatically for MSP billing.
Billing reconciliation is handled by specialized team members.
Unlock access to complete
Unlock access to complete
Funding Insights of Gradient
Gradient has successfully raised a total of $10.3M through 1 strategic funding round. The most recent funding activity was a Series A round of $10.3 million completed in November 2021. 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 1
- Last Round Series A — $10.3M
-
First Round
First Round
(08 Nov 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series A - Gradient | Valuation | Anthos Capital |
| 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 Gradient
Gradient has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Anthos Capital, StoneMill Ventures and Gula Tech Adventures. 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 |
|---|---|---|---|---|
|
Investment in innovative consumer and technology companies based in Santa Monica.
|
Founded Year | Domain | Location | |
|
StoneMill Ventures is focused on seed-stage cybersecurity investments.
|
Founded Year | Domain | Location | |
|
Investments in cybersecurity and national security, along with initiatives for awareness and workforce development.
|
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 Gradient
| 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 - Gradient
| 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 |
Gradient Comparisons
Competitors of Gradient
Gradient 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 Datto, Atera, SuperOps, SyncroMSP and Saaslio, 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 continuity management software is offered for business protection.
|
|
| domain | founded_year | HQ Location |
Cloud-based remote monitoring and management tools are offered for MSPs.
|
|
| domain | founded_year | HQ Location |
AI-powered PSA and RMM platform is offered for MSPs.
|
|
| domain | founded_year | HQ Location |
PSA, RMM, and remote access solutions are provided for MSPs.
|
|
| domain | founded_year | HQ Location |
Cloud based platform offering application performance monitoring 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.
|
Latest news on Gradient
Frequently Asked Questions about Gradient
When was Gradient founded?
Gradient was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Gradient located?
Gradient is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Gradient?
Colin Knox is the current CEO of Gradient. They have also founded this company.
Is Gradient a funded company?
Gradient is a funded company, having raised a total of $10.3M across 1 funding round to date. The company's 1st funding round was a Series A of $10.3M, raised on Nov 08, 2021.
What does Gradient do?
Vendor usage reconciliation for managed service providers (MSPs) is streamlined by Gradient through automated software solutions. Integration with PSA tools is provided to ensure accurate billing. Services are extended to managed billing reconciliation handled by specialists. The technology sector, specifically billing solutions for MSPs, is primarily served. Cash flow improvement and time-saving are facilitated through efficient processes.
Who are the top competitors of Gradient?
What products or services does Gradient offer?
Gradient offers Usage Reconciliation Software and Managed Billing Reconciliation.
Who are Gradient's investors?
Gradient has 4 investors. Key investors include Anthos Capital, StoneMill Ventures, Gula Tech Adventures, and Accelerate Fund.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.