About PredictSpring
PredictSpring is a company based in Los Altos (United States) founded in 2013 was acquired by Salesforce in August 2024.. PredictSpring has raised $30.25 million across 5 funding rounds from investors including Salesforce, Salesforce Ventures and Felicis Ventures. The company has 36 employees as of December 31, 2022. PredictSpring offers products and services including Modern POS, Clienteling, Inventory Management, and Order Management. PredictSpring operates in a competitive market with competitors including Bazaarvoice, RELEX, Wasoko, Shelf Engine and Mad Mobile, among others.
- Headquarter Los Altos, United States
- Employees 36 as on 31 Dec, 2022
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Sectors
RetailTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Predictspring Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30.25 M (USD)
in 5 rounds
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Latest Funding Round
$16 M (USD), Series B
Jun 15, 2022
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Investors
Salesforce
& 4 more
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Employee Count
36
as on Dec 31, 2022
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Acquired by
Salesforce
(Aug 02, 2024)
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Products & Services of PredictSpring
PredictSpring offers a comprehensive portfolio of products and services, including Modern POS, Clienteling, Inventory Management, and Order Management. 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.
Platform that redefines in-store retail experiences
Tools for associates to access customer data
System for real-time inventory control and adjustments
Handles orders across channels for seamless processing
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Funding Insights of PredictSpring
PredictSpring has successfully raised a total of $30.25M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in June 2022. 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 5
- Last Round Series B — $16.0M
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First Round
First Round
(01 Feb 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series B - PredictSpring | Valuation |
investors |
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| Oct, 2020 | Amount | Series B - PredictSpring | Valuation | Salesforce |
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| Jun, 2016 | Amount | Series A - PredictSpring | Valuation | Felicis Ventures |
| 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 PredictSpring
PredictSpring has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Salesforce, Salesforce Ventures and Felicis Ventures. 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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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm backed by Novel Group
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Founded Year | Domain | Location | |
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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 PredictSpring
| 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 - PredictSpring
| 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 |
Predictspring Comparisons
Competitors of PredictSpring
PredictSpring 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 Bazaarvoice, RELEX, Wasoko, Shelf Engine and Mad Mobile, 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 SaaS based marking solution
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| domain | founded_year | HQ Location |
Unified platform for retail and supply chain planning is offered.
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| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
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| domain | founded_year | HQ Location |
AI-based solution to automate orders of perishable goods
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| domain | founded_year | HQ Location |
Mobile retail platform with engagement and POS solutions provided.
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| domain | founded_year | HQ Location |
Omnichannel platform is provided for retail fulfillment and customer engagement.
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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 Predictspring
Frequently Asked Questions about PredictSpring
When was PredictSpring founded?
PredictSpring was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is PredictSpring located?
PredictSpring is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.
Is PredictSpring a funded company?
PredictSpring is a funded company, having raised a total of $30.25M across 5 funding rounds to date. The company's 1st funding round was a Series A of $11.4M, raised on Feb 01, 2014.
How many employees does PredictSpring have?
As of Dec 31, 2022, the latest employee count at PredictSpring is 36.
What does PredictSpring do?
Founded in 2013 and headquartered in Los Altos, United States, PredictSpring operates in the retail technology sector. A mobile commerce platform is developed to integrate consumer and store associate app experiences for offline businesses. Features such as instant search, real-time in-store inventory, clienteling, conversational commerce, mobile point-of-sale, dynamic content management, and one-touch checkout are included. Personalized customer interactions are enabled across brands in the fashion and footwear industries.
Who are the top competitors of PredictSpring?
PredictSpring's top competitors include RELEX, Bazaarvoice and Wasoko.
What products or services does PredictSpring offer?
PredictSpring offers Modern POS, Clienteling, Inventory Management, and Order Management.
Who are PredictSpring's investors?
PredictSpring has 5 investors. Key investors include Salesforce, Salesforce Ventures, Felicis Ventures, Novel TMT Ventures, and Beanstalk Ventures.
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