About Insite Soft
Insite Soft is a company based in Minneapolis (United States) founded in 2004 by Tom Frishberg was acquired by Episerver in December 2019.. Insite Soft has raised $18.36 million across 2 funding rounds from investors including Episerver and Volition Capital. The company has 55 employees as of December 31, 2022. Insite Soft has completed 1 acquisition, including Storyworks1. Insite Soft offers products and services including Configured Commerce, Product Information Management, Optimizely Mobile, and Configured Commerce Analytics. Insite Soft operates in a competitive market with competitors including Global-e, CommerceIQ, Cart.com, BigCommerce and AnyMind Group, among others.
- Headquarter Minneapolis, United States
- Employees 55 as on 31 Dec, 2022
- Founders Tom Frishberg
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Sectors
Retail
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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 Insite Software Solutions, Inc.
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Products & Services of Insite Soft
Insite Soft offers a comprehensive portfolio of products and services, including Configured Commerce, Product Information Management, Optimizely Mobile, and Configured Commerce Analytics. 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.
B2B platform for online sales and integration with business systems.
Cloud-based tool for catalog and product data curation.
App for B2B ecommerce access on the go.
System for tracking online sales performance metrics.
Funding Insights of Insite Soft
Insite Soft has successfully raised a total of $18.36M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $1.55 million completed in March 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 B — $1.5M
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First Round
First Round
(28 Jan 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Series B - Insite Soft | Valuation |
investors |
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| Jan, 2015 | Amount | Series B - Insite Soft | Valuation | Volition Capital |
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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 Insite Soft
Insite Soft has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Episerver and Volition 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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Venture capital investments are directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Digital cloud platform for content management and commerce is delivered.
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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 Insite Soft
Insite Soft has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Storyworks1. 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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Content Delivery software for field sales
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2004 |
| 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 - Insite Soft
| 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 |
Insite Soft Comparisons
Competitors of Insite Soft
Insite Soft 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 Global-e, CommerceIQ, Cart.com, BigCommerce and AnyMind Group, 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 |
Software solutions for cross-border e-commerce industries are provided.
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
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| domain | founded_year | HQ Location |
ShopUp is focused on empowering small businesses through technology.
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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 Insite Soft
Frequently Asked Questions about Insite Soft
When was Insite Soft founded?
Insite Soft was founded in 2004 and raised its 1st funding round 11 years after it was founded.
Where is Insite Soft located?
Insite Soft is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Insite Soft a funded company?
Insite Soft is a funded company, having raised a total of $18.36M across 2 funding rounds to date. The company's 1st funding round was a Series B of $16.82M, raised on Jan 28, 2015.
How many employees does Insite Soft have?
As of Dec 31, 2022, the latest employee count at Insite Soft is 55.
What does Insite Soft do?
Insite Soft was founded in 2004 in Minneapolis, United States, and operates within the eCommerce sector. Platforms for business-to-business transactions, direct-to-consumer sales, and mobile solutions are offered primarily to manufacturers and distributors. InsiteShip, an international supply chain shipping tool, is integrated with enterprise resource planning systems, content management platforms, and various software-as-a-service options to support product delivery efficiencies.
Who are the top competitors of Insite Soft?
Insite Soft's top competitors include CommerceIQ, ShopUp and Global-e.
What products or services does Insite Soft offer?
Insite Soft offers Configured Commerce, Product Information Management, Optimizely Mobile, and Configured Commerce Analytics.
How many acquisitions has Insite Soft made?
Insite Soft has made 1 acquisition, including Storyworks1.
Who are Insite Soft's investors?
Insite Soft has 2 investors. Key investors include Episerver, and Volition Capital.
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