About MSP Corp
MSP Corp is a company based in Guelph (Canada) founded in 2020 by Jason Dacosta was acquired by Alfar Capital in May 2023.. MSP Corp has raised $27.7 million across 6 funding rounds from investors including Canadian Imperial Bank of Commerce, BDC and OSTI.GOV. MSP Corp offers products and services including Managed IT Services, Cybersecurity Services, and Hosting Services. MSP Corp operates in a competitive market with competitors including WillowTree, Amify, Elixirr, OneWater Marine and BTS, among others.
- Headquarter Guelph, Canada
- Founders Jason Dacosta
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.7 M (USD)
in 6 rounds
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Latest Funding Round
$27.7 M (USD), Series B
Sep 28, 2021
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Investors
Canadian Imperial Bank of Commerce
& 4 more
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Employee Count
Employee Count
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Acquired by
Alfar Capital
(May 01, 2023)
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Products & Services of MSP Corp
MSP Corp offers a comprehensive portfolio of products and services, including Managed IT Services, Cybersecurity Services, and Hosting Services. 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.
Proactive monitoring and support for business IT infrastructure
Risk assessments and threat detection for data protection
Scalable cloud hosting and backup for reliable operations
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Funding Insights of MSP Corp
MSP Corp has successfully raised a total of $27.7M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $27.7 million completed in September 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 6
- Last Round Series B — $27.7M
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First Round
First Round
(01 Jan 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series B - MSP Corp | Valuation | BDC | |
| Sep, 2020 | Amount | Grant - MSP Corp | Valuation |
investors |
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| Feb, 2020 | Amount | Grant - MSP Corp | Valuation |
investors |
| 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 MSP Corp
MSP Corp has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, BDC and OSTI.GOV. 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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Private equity firm backed by Walter Group
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Founded Year | Domain | Location | |
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Commercial banking services for small and medium-sized enterprises are provided.
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Founded Year | Domain | Location | |
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Commercial banking services are provided to individuals and 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 MSP Corp
| 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 - MSP Corp
| 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 |
Msp Corp Comparisons
Competitors of MSP Corp
MSP Corp 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 WillowTree, Amify, Elixirr, OneWater Marine and BTS, 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 |
Provider of digital design and development services
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| domain | founded_year | HQ Location |
Marketing service provider for Amazon
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| domain | founded_year | HQ Location |
Provider of business strategy services
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| domain | founded_year | HQ Location |
Recreational boats and marine services are provided nationwide.
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| domain | founded_year | HQ Location |
Provider of business & management consulting services
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| domain | founded_year | HQ Location |
Human-centered design and innovation consulting is provided to organizations.
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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 Msp Corp
Frequently Asked Questions about MSP Corp
When was MSP Corp founded?
MSP Corp was founded in 2020.
Where is MSP Corp located?
MSP Corp is headquartered in Guelph, Canada. It is registered at Guelph, Ontario, Canada.
Is MSP Corp a funded company?
MSP Corp is a funded company, having raised a total of $27.7M across 6 funding rounds to date. The company's 1st funding round was a Grant of $1.13M, raised on Jan 01, 2020.
What does MSP Corp do?
MSP Corp was established in 2020 in Guelph, Canada, within the consulting sector. Management consulting and business management services are offered to support organizational strategies and operations. Focus is placed on advisory roles for business efficiency and growth. The team is led by co-founder Jason Dacosta, with Ravi Ramharak contributing to key functions. Activities are centered in the Canadian market, addressing diverse client needs in professional services.
Who are the top competitors of MSP Corp?
MSP Corp's top competitors include Elixirr, WillowTree and IDEO.
What products or services does MSP Corp offer?
MSP Corp offers Managed IT Services, Cybersecurity Services, and Hosting Services.
Who are MSP Corp's investors?
MSP Corp has 5 investors. Key investors include Canadian Imperial Bank of Commerce, BDC, OSTI.GOV, Walter Capital Partners, and Alfar Capital.