About Softchoice
Softchoice is a company based in Toronto (Canada) founded in 1989 was acquired by World Wide Technology in December 2024.. Softchoice has completed 2 acquisitions, including Optimus Solutions and Unis Lumin. Softchoice operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Toronto, Canada
- Stage Public
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Sectors
Technology
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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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Latest Funding Round
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Investors
World Wide Technology
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Optimus Solutions
& 1 more
- Acquired by
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Software Development Team
136 people
Sales and Marketing
56 people
Leadership Team
39 people
Human Resources and Administration
20 people
Senior Team
15 people
Operations Team
13 people
Sr. Team
10 people
Commercial Team
8 people
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Funding Insights of Softchoice
| 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 Softchoice
Softchoice has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include World Wide Technology and Birch Hill Equity 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed toward growth-stage companies across sectors.
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Founded Year | Domain | Location | |
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Provider of system integration services
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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 Softchoice
Softchoice has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Optimus Solutions and Unis Lumin. 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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Networking and managed IT services are provided to businesses.
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2000 | ||||
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Process engineering consulting services are provided to industrial clients.
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1998 |
| 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 - Softchoice
| 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 |
Softchoice Comparisons
Competitors of Softchoice
Softchoice 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing 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 Softchoice
Frequently Asked Questions about Softchoice
When was Softchoice founded?
Softchoice was founded in 1989.
Where is Softchoice located?
Softchoice is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Softchoice do?
Softchoice was founded in 1989 and is headquartered in Toronto, Canada. IT solutions and managed services are offered in the information technology sector, focusing on infrastructure for enterprise, government, and small business clients in the US and Canada. Services encompass assessment, design, architecture, procurement, project management, implementation, asset management, monitoring, and disposal. Hardware products from various brands are also marketed.
Who are the top competitors of Softchoice?
Softchoice's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
How many acquisitions has Softchoice made?
Softchoice has made 2 acquisitions, including Optimus Solutions, and Unis Lumin.
Who are Softchoice's investors?
Softchoice has 2 investors. Key investors include World Wide Technology, and Birch Hill Equity Partners.