Shore Group

New York, United States Founded: 2005 • Age: 21 yrs
Business intelligence is delivered through data analytics and machine learning.
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About Shore Group

Shore Group is a company based in New York (United States) founded in 2005 by Krishna Reddy and Ian Sax.. The company has 265 employees as of April 04, 2024. Shore Group has completed 1 acquisition, including LabSpot. Shore Group offers products and services including Digital Services, Managed Services, and Value Added Staffing. Shore Group operates in a competitive market with competitors including Xcalar, Iris.Ai, ClearStory Data, 1010data and Datactics, among others.

  • Headquarter New York, United States
  • Employees 265 as on 04 Apr, 2024
  • Founders Krishna Reddy, Ian Sax
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Shore Infotech India Private Limited
  • Date of Incorporation 28 Jun, 2007
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Technology → Artificial Intelligence & Machine Learning
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
    $3.98 M (USD)
    -14.35
    as on Mar 31, 2023
  • Net Profit
    $150.49 K (USD)
    -15.49
    as on Mar 31, 2023
  • EBITDA
    $342.23 K (USD)
    -17.03
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    265

    as on Apr 04, 2024

  • Investments & Acquisitions
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Products & Services of Shore Group

Shore Group offers a comprehensive portfolio of products and services, including Digital Services, Managed Services, and Value Added Staffing. 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

Innovates business technology and data operations for efficiency.

Handles revenue and business processes to reduce overhead.

Provides flexible talent for project execution and support.

People of Shore Group
Headcount 200-500
Employee Profiles 2
Employee Profiles
People
Dave Macolino
President & COO

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Funding Insights of Shore Group

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2017 Amount Series A - Shore Group Valuation ClearPoint Investment Partners
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 Shore Group

Shore Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ClearPoint Investment Partners. 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
Venture Fund
Investor Description Founded Year Domain Location
ClearPoint Investment Partners is focused on private equity investments.
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 Shore Group

Shore Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LabSpot. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Project management software for curriculum design and tracking is provided.
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Shore Group

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

Shore Group Comparisons

Employees
+
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Competitors of Shore Group

Shore Group 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 Xcalar, Iris.Ai, ClearStory Data, 1010data and Datactics, 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
Data discovery platform is offered for analytics and BI extensions.
domain founded_year HQ Location
An AI-based platform for database searching has been developed.
domain founded_year HQ Location
Internal and external data is analyzed through a cloud-based platform.
domain founded_year HQ Location
Cloud-based platform for big data analytics and discovery is provided.
domain founded_year HQ Location
Data quality and matching solutions are provided for regulated industries.
domain founded_year HQ Location
Subscription-based delivery of shaving supplies and skincare is offered.
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 Shore Group

Frequently Asked Questions about Shore Group

When was Shore Group founded?

Shore Group was founded in 2005 and raised its 1st funding round 12 years after it was founded.

Where is Shore Group located?

Shore Group is headquartered in New York, United States. It is registered at New York, New York, United States.

How many employees does Shore Group have?

As of Apr 04, 2024, the latest employee count at Shore Group is 265.

What is the annual revenue of Shore Group?

Annual revenue of Shore Group is $3.98M as on Mar 31, 2023.

What does Shore Group do?

Shore Group was founded in 2005 in New York, United States, and operates in the data analytics sector. Business intelligence solutions are provided via data processing, architecture, machine learning, and natural language processing. Custom data collection, unstructured data solutions, life science data solutions, and proprietary data sets are among the offerings extended to clients.

Who are the top competitors of Shore Group?

Shore Group's top competitors include Iris.Ai, Datactics and Xcalar.

What products or services does Shore Group offer?

Shore Group offers Digital Services, Managed Services, and Value Added Staffing.

How many acquisitions has Shore Group made?

Shore Group has made 1 acquisition, including LabSpot.

Who are Shore Group's investors?

Shore Group has 1 investor. Key investors include ClearPoint Investment Partners.

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