About Premise
Premise is a Technology company based in San Francisco (United States) founded in 2012 by David Soloff. Real-time economic data is gathered via global crowdsourcing. Premise has raised $151.5 million across 5 funding rounds from investors including Social Capital, NightDragon and Winslow Capital. The company has 217 employees. Premise has completed 1 acquisition, including Premise. Its website premise.com draws about 65 thousand monthly visits. Premise offers products and services including Availability Tracker, Price Tracker, and Rolling Retail Census. Its focus areas include Enterprise Applications, Data as a Service, Horizontal and External Business Insights. Its legal entity is PREMISE DATA CORPORATION. Its competitors include IRI, IDC and Prevedere; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters San Francisco, United States
- Employees 217
- Founders David Soloff
- SectorsTechnology
- Email••••••••
- Website premise.com
- Social LinkedIn X Facebook Instagram
- Legal Name Premise Data Corporation
- Total Equity Funding$151.5M (USD)
in 5 rounds
- Latest Funding Round$85M (USD), Series E
Jan 2021
- InvestorsSocial Capital
& 18 more
- Employee Count217
- Investments & Acquisitions
Products & Services of Premise
Premise offers a comprehensive portfolio of products and services, including Availability Tracker, Price Tracker, and Rolling Retail Census.
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.
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 $151.5M
- Total Rounds 5
- Last Round Series E — $85M
- Investors Count 19
All 5 funding rounds of Premise with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $85M | Series E | – | WestCap | |
| Sep 2015 | $50M | Series C | – | Social Capital, Valor Equity Partners | – |
| Mar 2014 | $11M | Series B | – | Social Capital | |
| May 2013 | $5.5M | Series A | – | – | |
| Jul 2012 | Seed | – | – |
19 investors in total: 19 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward multiple sectors by WestCap. | westcap.com | San Francisco, United States | ||
Provider of cyber security advisory services | 2005 | nightdragon.com | San Francisco, United States | |
Private equity investments are managed by Winslow Capital. | 1992 | winslowcapital.com | Minneapolis, United States | |
Investments are directed toward high-growth enterprise software and technology companies. | vistaequitypartners.com | Austin, United States | ||
Private equity firm | valorep.com | Chicago, United States | ||
Venture capital firm investing in technology, life sciences, and related sectors. | 8vc.com | |||
Venture capital firm focused on multiple sectors | taocap.com | Marlborough, United States | ||
Early-stage tech-focused VC firm investing primarily in the US | hnvr.com | Menlo Park, United States | ||
Investments in fintech startups are managed by Communitas Capital. | communitascapital.com | New York, United States | ||
Technology and consumer sectors are targeted through private equity investments. | atreidesmgmt.com | Boston, United States |
Investor details for Premise
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Premise
33 people are tracked at Premise (13 in leadership, 5 in board & advisors, 15 in team); the tracked headcount is 217.
| Name | Role | Group |
|---|---|---|
David Soloff | Co-Founder & Chairman | Leadership |
Leor Teichmann | Chief Revenue Officer (cro) | Leadership |
David Bischof | Chief Product Officer | Leadership |
Ricky Gonzalez | Head Of Information Technology | Leadership |
Carmen Liu | Director Of Product Research And Strategy | Leadership |
Oscar Raúl Garavito Rojas | Data Operations Director | Leadership |
Arul Isai Imran | Vp, Product And UX | Leadership |
James A.L. Williams | Senior Director of Revenue Strategy & Ops | Leadership |
Magaly Miranda Delgado | Business Development Director, North Latam | Leadership |
Arthur Soames | Chief Strategy Officer | Leadership |
Paul Huang | CTO | Leadership |
Tyler Mobley | Sr. Director Of Financial Operations And Integrations (fp&a) | Leadership |
Emily Guthrie | Director Of Data Acquisition | Leadership |
Dave DeWalt | Director | Board & advisors |
Laurence A. Tosi | Director | Board & advisors |
Vivek K. Pattipati | Director | Board & advisors |
Joseph Malchow | Director | Board & advisors |
Juan Sabater | Director | Board & advisors |
Steven Casley | Unknown Role | Team |
Kartikay Kaul | Data Scientist | Team |
13 more people are available in the full profile.
Complete people profiles for Premise
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Premise
Premise has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Premise.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Data analysis solutions for consumer insights are offered by Meiko. | grupomeiko.com | Bogota, Colombia | 2009 | Jul 2022 | •••• |
Complete acquisition details for Premise
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Premise
4 dated milestones of Premise across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Premise is founded.
- Funding First funding round.
- Funding Latest funding round, Series E, of $85.0M.
- Acquisition Acquires Premise.
Competitors of Premise
Premise has 3 listed competitors in our database, 2 of them funded. They include IRI, IDC and Prevedere.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iriworldwide.com | 1979 | Chicago, United States | $125.32M | Market research and advertising services are provided by IRI. | ||
| idc.com | 1964 | Needham, United States | 207 | Trusted technology intelligence is provided by IDC for businesses. | ||
| prevedere.com | 2012 | Columbus, United States | $77.93M | 53 | Economic data analysis using Bigdata and analytics |
Detailed competitors of Premise
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Premise
The website of Premise (premise.com) receives about 65.1K visits a month.
- Monthly visits65.1K
▲ 13.4% vs previous month
Websites whose visitors overlap most with Premise. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| realpricetracker.com | 100% | View details | |||
| crunchbase.com | 86% | 3.7M | #12,418 | View details | |
pricehistoryapp.com | pricehistoryapp.com | 85% | #106,504 | – | |
| clearstorydata.com | 79% | View details | |||
pricetrackers.in | pricetrackers.in | 71% | #5,736,844 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Premise
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 21 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Data as a Service
3 companies that operate in the same segment as Premise (Data as a Service) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 |
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Related news about Premise
Complete news archive for Premise
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Frequently Asked Questions about Premise
Premise was founded in 2012.
Premise is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Premise is a funded company, having raised a total of $151.5M across 5 funding rounds to date.
Premise has 217 employees.
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.
Premise offers Availability Tracker, Price Tracker, and Rolling Retail Census.
Premise has made 1 acquisition, including Premise.
Premise has 19 investors. Key investors include Social Capital, NightDragon, Winslow Capital, Anthemis Group, and WestCap.
Premise operates through Premise Data Corporation.