About SmarterX
SmarterX is a company based in Boulder (United States) founded in 2015 by Charlie Vallely, Jacqueline Claudia, and Chris Ripley.. SmarterX has raised $62.39 million across 7 funding rounds from investors including UseCology, RTP Global and Regeneration.VC. The company has 69 employees as of December 31, 2023. SmarterX offers products and services including SmarterX Platform, Product Enrichment, and Classifications. SmarterX operates in a competitive market with competitors including CallidusCloud, RELEX, Bizom, Vend and Jushuitan, among others.
- Headquarter Boulder, United States
- Employees 69 as on 31 Dec, 2023
- Founders Charlie Vallely, Jacqueline Claudia, Chris Ripley
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Sectors
RetailEnvironment Chemicals & Materials
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$62.39 M (USD)
in 7 rounds
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Latest Funding Round
$7 M (USD), Series B
Aug 02, 2022
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Investors
UseCology
& 4 more
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Employee Count
69
as on Dec 31, 2023
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Products & Services of SmarterX
SmarterX offers a comprehensive portfolio of products and services, including SmarterX Platform, Product Enrichment, and Classifications. 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 for enriching and structuring product data for compliance
Service to normalize and validate product details for retailers
Tool for automated product classification and risk management
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Funding Insights of SmarterX
SmarterX has successfully raised a total of $62.39M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in August 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 7
- Last Round Series B — $7.0M
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First Round
First Round
(23 Feb 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series B - SmarterX | Valuation | Regeneration.VC |
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| Feb, 2022 | Amount | Series B - SmarterX | Valuation | G2VP |
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| Apr, 2021 | Amount | Series A - SmarterX | Valuation | US Ecology |
| 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 SmarterX
SmarterX has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include UseCology, RTP Global and Regeneration.VC. 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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Early-stage Consumer ClimateTech innovations are funded by Regeneration.VC.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech companies
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage technology companies
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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 SmarterX
| 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 - SmarterX
| 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 |
Smarterx Comparisons
Competitors of SmarterX
SmarterX 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 CallidusCloud, RELEX, Bizom, Vend and Jushuitan, 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 |
Cloud-based solutions for sales, marketing, and pipeline management are provided.
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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 |
Retail intelligence platform is developed for brands and B2B retailers.
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| domain | founded_year | HQ Location |
Cloud-based retail POS solutions
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| domain | founded_year | HQ Location |
SaaS-based ERP solutions are provided for e-commerce operations management.
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| domain | founded_year | HQ Location |
Cloud-based customer data management and analytics platform is utilized.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Smarterx
Frequently Asked Questions about SmarterX
When was SmarterX founded?
SmarterX was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is SmarterX located?
SmarterX is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Is SmarterX a funded company?
SmarterX is a funded company, having raised a total of $62.39M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4.09M, raised on Feb 23, 2018.
How many employees does SmarterX have?
As of Dec 31, 2023, the latest employee count at SmarterX is 69.
What does SmarterX do?
SmarterX was founded in 2015 and is based in Boulder, United States. Software suite solutions are provided for in-store retail businesses, focusing on product compliance and intelligence. A platform is offered for product registration, data registration, and data analysis. Operations center on retail sector tools to support compliance and analytical needs in physical store environments.
Who are the top competitors of SmarterX?
SmarterX's top competitors include Bizom, RELEX and CallidusCloud.
What products or services does SmarterX offer?
SmarterX offers SmarterX Platform, Product Enrichment, and Classifications.
Who are SmarterX's investors?
SmarterX has 5 investors. Key investors include UseCology, RTP Global, Regeneration.VC, G2VP, and Austin Technology Incubator.
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