About Premise
Premise is a company based in San Francisco (United States) founded in 2012 by David Soloff.. Premise has raised $151.5 million across 5 funding rounds from investors including Social Capital, NightDragon and Winslow Capital. The company has 217 employees as of December 31, 2022. Premise has completed 1 acquisition, including Premise. Premise offers products and services including Availability Tracker, Price Tracker, and Rolling Retail Census. Premise operates in a competitive market with competitors including Cint, IRI, IDC, Prevedere and Morning Consult, among others.
- Headquarter San Francisco, United States
- Employees 217 as on 31 Dec, 2022
- Founders David Soloff
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Premise Data Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$151.5 M (USD)
in 5 rounds
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Latest Funding Round
$85 M (USD), Series E
Jan 13, 2021
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Investors
Social Capital
& 18 more
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Employee Count
217
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Premise
Premise offers a comprehensive portfolio of products and services, including Availability Tracker, Price Tracker, and Rolling Retail Census. 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.
Tool for monitoring product availability in retail stores globally.
Service for tracking and analyzing market prices in various regions.
Platform for conducting ongoing retail data surveys and insights.
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Funding Insights of Premise
Premise has successfully raised a total of $151.5M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $85 million completed in January 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 5
- Last Round Series E — $85.0M
- First Round First Round
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series E - Premise | Valuation | WestCap | |
| Sep, 2015 | Amount | Series C - Premise | Valuation | Social Capital , Valor Equity Partners |
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| Mar, 2014 | Amount | Series B - Premise | Valuation | Social Capital |
| 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 Premise
Premise has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Social Capital, NightDragon and Winslow 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 multiple sectors by WestCap.
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Founded Year | Domain | Location | |
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Provider of cyber security advisory services
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Founded Year | Domain | Location | |
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Private equity investments are managed by Winslow Capital.
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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 Premise
Premise has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Premise. 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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Data analysis solutions for consumer insights are offered by Meiko.
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2009 |
| 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 - Premise
| 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 |
Premise Comparisons
Competitors of Premise
Premise 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 Cint, IRI, IDC, Prevedere and Morning Consult, 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 |
Market research platform linking buyers and suppliers of online samples.
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| domain | founded_year | HQ Location |
Market research and advertising services are provided by IRI.
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| domain | founded_year | HQ Location |
Trusted technology intelligence is provided by IDC for businesses.
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| domain | founded_year | HQ Location |
Economic data analysis using Bigdata and analytics
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| domain | founded_year | HQ Location |
Provider of management consulting services
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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 Premise
Frequently Asked Questions about Premise
When was Premise founded?
Premise was founded in 2012.
Where is Premise located?
Premise is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Premise a funded company?
Premise is a funded company, having raised a total of $151.5M across 5 funding rounds to date. The company's 1st funding round was a Series B of $11M, raised on Jul 01, 2012.
How many employees does Premise have?
As of Dec 31, 2022, the latest employee count at Premise is 217.
What does Premise do?
Premise was founded in 2012 in San Francisco, United States, as a platform for crowdsourced economic data collection. Operations involve a mobile app available on Android and iOS, where individuals are compensated for submitting photos or price reports from grocery stores and markets. Services provide insights to corporations, financial firms, and governments for inflation tracking, food security assessment, and brand channel checks, with global reach.
What products or services does Premise offer?
Premise offers Availability Tracker, Price Tracker, and Rolling Retail Census.
How many acquisitions has Premise made?
Premise has made 1 acquisition, including Premise.
Who are Premise's investors?
Premise has 19 investors. Key investors include Social Capital, NightDragon, Winslow Capital, Anthemis Group, and WestCap.
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