About Locafox
Locafox is a company based in Berlin (Germany) founded in 2013 by Michael Wendt was acquired by ANKER in October 2020.. The company has 29 employees as of December 31, 2018. Locafox offers products and services including LocaFox POS System, Self-Checkout System, and Cash Recycler. Locafox operates in a competitive market with competitors including Square, SpotOn, Clover, Clip and ShopKeep, among others.
- Headquarter Berlin, Germany
- Employees 29 as on 31 Dec, 2018
- Founders Michael Wendt
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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 Locafox Gmbh
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Products & Services of Locafox
Locafox offers a comprehensive portfolio of products and services, including LocaFox POS System, Self-Checkout System, and Cash Recycler. 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.
Manages sales, inventory, and payments for businesses
Enables independent customer checkouts and transactions
Handles cash processing and security in real-time
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Funding Insights of Locafox
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Series A - Locafox | Valuation | ddvg |
| 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 Locafox
Locafox has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include ANKER, ddvg and HV 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 funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Manages investments and holdings for the Social Democratic Party of Germany.
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Founded Year | Domain | Location | |
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POS solutions are provided for retail and service businesses.
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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 Locafox
| 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 - Locafox
| 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 |
Locafox Comparisons
Competitors of Locafox
Locafox 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 Square, SpotOn, Clover, Clip and ShopKeep, 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 |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
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| domain | founded_year | HQ Location |
Cloud-based mPOS system for small business operations is offered.
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| domain | founded_year | HQ Location |
POS solutions are provided to offline retailers via mobile devices.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale software is provided for retailers and restaurants.
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| domain | founded_year | HQ Location |
Payment processing solutions are offered to merchants and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Locafox
Frequently Asked Questions about Locafox
When was Locafox founded?
Locafox was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Locafox located?
Locafox is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
How many employees does Locafox have?
As of Dec 31, 2018, the latest employee count at Locafox is 29.
What does Locafox do?
Locafox was established in 2013 in Berlin, Germany, as a provider of point-of-sale systems for businesses. Operations focus on inventory management, product data organization, loyalty card administration, discount applications, payment and return processing, customer profiling, and barcode scanning functionalities. The companys domain, locafox.de, supports these services in the retail technology sector.
Who are the top competitors of Locafox?
What products or services does Locafox offer?
Locafox offers LocaFox POS System, Self-Checkout System, and Cash Recycler.
Who are Locafox's investors?
Locafox has 3 investors. Key investors include ANKER, ddvg, and HV Capital.