About Igloo Software
Igloo Software is a company based in Kitchener (Canada) founded in 2008 was acquired by Appspace in September 2025. It operates as a SaaS (Software-as-a-Service). Igloo Software has raised $53.34 million across 2 funding rounds from investors including Appspace, Royal Bank of Canada and Frontier Capital. Igloo Software offers products and services including Igloo Flex, Employee Communication, Knowledge Management, and Collaboration Tools. Igloo Software operates in a competitive market with competitors including Atlassian, Asana, monday.com, UserZoom and Clickup, among others.
- Headquarter Kitchener, 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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- Legal Name Igloo Software
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Products & Services of Igloo Software
Igloo Software offers a comprehensive portfolio of products and services, including Igloo Flex, Employee Communication, Knowledge Management, and Collaboration Tools. 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.
A platform connecting frontline and desked workforce effectively.
Tools for aligning teams with relevant messaging centrally.
Centralized system for capturing and disseminating critical information.
Solutions for enhancing employee experience and company culture.
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Funding Insights of Igloo Software
Igloo Software has successfully raised a total of $53.34M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $48.34 million completed in January 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 2
- Last Round Series C — $48.3M
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First Round
First Round
(26 Jan 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Series C - Igloo Software | Valuation | Frontier Capital |
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| Jan, 2012 | Amount | Series B - Igloo Software | Valuation | Royal Bank of Canada |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Igloo Software
Igloo Software has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Appspace, Royal Bank of Canada and Frontier 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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Comprehensive banking and financial services are provided globally.
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Cloud-based solutions for enterprise collaboration and workspace management are provided.
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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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Venture capital is directed toward companies in multiple sectors.
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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 Igloo Software
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Igloo Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Igloo Software Comparisons
Competitors of Igloo Software
Igloo Software 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 Atlassian, Asana, monday.com, UserZoom and Clickup, 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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Cloud-based enterprise collaboration suites are delivered for team productivity.
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Cloud-based project management software is offered for teams.
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Cloud-based platform for project management and team tracking is offered.
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Cloud-based platform for user experience research and testing is utilized.
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Cloud based project management platform
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Compliance management solutions for financial institutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Igloo Software
Frequently Asked Questions about Igloo Software
When was Igloo Software founded?
Igloo Software was founded in 2008 and raised its 1st funding round 4 years after it was founded.
Where is Igloo Software located?
Igloo Software is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
Is Igloo Software a funded company?
Igloo Software is a funded company, having raised a total of $53.34M across 2 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Jan 26, 2012.
What does Igloo Software do?
Igloo Software is engaged in delivering digital workplace platforms that enhance employee communication, collaboration, and knowledge management. Solutions are tailored for various industries including construction, hospitality, manufacturing, retail, and healthcare. The platform supports frontline and office employees by offering tools for HR compliance, internal communications, and IT unification. Acquired by Appspace, Igloo continues to focus on creating connected workplaces with advanced features like digital signage and space reservation.
Who are the top competitors of Igloo Software?
Igloo Software's top competitors include Atlassian, monday.com and Coda.
What products or services does Igloo Software offer?
Igloo Software offers Igloo Flex, Employee Communication, Knowledge Management, and Collaboration Tools.
Who are Igloo Software's investors?
Igloo Software has 3 investors. Key investors include Appspace, Royal Bank of Canada, and Frontier Capital.