ParityFactory

Bothell, United States Founded: 1985 • Age: 41 yrs Acquired By Advantive
Web-based materials management platform is provided for food processing firms.

About ParityFactory

ParityFactory is a company based in Bothell (United States) founded in 1985 was acquired by Advantive in May 2023.. ParityFactory offers products and services including ParityFactory WMS, ParityFactory MES, and Quality Module. ParityFactory operates in a competitive market with competitors including Specpage, Adifo, Vision For Food, OAL and Hamilton Grant, among others.

  • Headquarter Bothell, United States
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
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Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Advantive

    (May 23, 2023)

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Products & Services of ParityFactory

ParityFactory offers a comprehensive portfolio of products and services, including ParityFactory WMS, ParityFactory MES, and Quality Module. 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.

Primary

Software for tracking inventory and shipments in food processing.

System for production tracking and quality control in factories.

Tool for regulatory compliance and lot traceability in manufacturing.

Funding Insights of ParityFactory

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 ParityFactory

ParityFactory has secured backing from 1 investor. Prominent investors backing the company include Advantive. 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.

All
Investor Description Founded Year Domain Location
ERP solutions for manufacturing and distribution sectors are offered.
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 ParityFactory

Investments
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 - ParityFactory

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Parityfactory Comparisons

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Competitors of ParityFactory

ParityFactory 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 Specpage, Adifo, Vision For Food, OAL and Hamilton Grant, 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
PLM and quality management software for the food and beverage industry
domain founded_year HQ Location
Software for feed and food producers to optimize recipes and quality control.
domain founded_year HQ Location
PLM software solutions are offered for food processing operations.
domain founded_year HQ Location
Provides automation, robotics, and AI for food processing, packaging, and quality checks.
domain founded_year HQ Location
PLM and quality management software are provided for food processing.
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 Parityfactory

Frequently Asked Questions about ParityFactory

When was ParityFactory founded?

ParityFactory was founded in 1985.

Where is ParityFactory located?

ParityFactory is headquartered in Bothell, United States. It is registered at Bothell, Washington, United States.

What does ParityFactory do?

ParityFactory offers a web-based platform to food processing firms for managing the lifecycle of materials in the process. Provides real-time data visibility regarding raw materials, and finished products. Integrates with existing ERP systems. Other features include lot tracking, customized product code creation, materials mix reporting, and automated label printing etc. Some of its clients include Major MacDonalds, Alyeska Seafoods, Schiltz etc.

Who are the top competitors of ParityFactory?

ParityFactory's top competitors include Specpage, Vision For Food and Emydex.

What products or services does ParityFactory offer?

ParityFactory offers ParityFactory WMS, ParityFactory MES, and Quality Module.

Who are ParityFactory's investors?

ParityFactory has 1 investor. Key investors include Advantive.

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