About South49 Solutions
South49 Solutions is a company based in Sterling (United States) founded in 2003 was acquired by Movista in October 2019.. South49 Solutions has raised $1.82 million across 1 funding round from investors including Movista. The company has 24 employees as of December 31, 2022. South49 Solutions has completed 1 acquisition, including Cogent Technologies. South49 Solutions offers products and services including Capango, Natural Insight, and Exchange. South49 Solutions operates in a competitive market with competitors including Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.
- Headquarter Sterling, United States
- Employees 24 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
- Legal Name South49 Solutions Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.82 M (USD)
in 1 rounds
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Latest Funding Round
$1.82 M (USD), Series A
May 31, 2012
- Investors
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Employee Count
24
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Movista
(Oct 21, 2019)
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Products & Services of South49 Solutions
South49 Solutions offers a comprehensive portfolio of products and services, including Capango, Natural Insight, and Exchange. 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.
App that connects job seekers to retail and hospitality opportunities
Platform for global execution and communication among hourly workers
Service for hourly and gig worker connections in retail sectors
Funding Insights of South49 Solutions
South49 Solutions has successfully raised a total of $1.82M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.82 million completed in May 2012. 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 1
- Last Round Series A — $1.8M
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First Round
First Round
(31 May 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Series A - South49 Solutions | Valuation |
investors |
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| 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 South49 Solutions
South49 Solutions has secured backing from 1 investor. Prominent investors backing the company include Movista. 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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Field management solutions are provided for retail and service teams.
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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 South49 Solutions
South49 Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cogent Technologies. 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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Diversified application development services are provided to various 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 - South49 Solutions
| 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 |
South49 Solutions Comparisons
Competitors of South49 Solutions
South49 Solutions 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 Legion, WorkJam, Harri, Work Market and Eden Workplace, 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 |
Workforce management solutions are provided through intelligent automation technology.
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| domain | founded_year | HQ Location |
Hourly workforce schedules and communications are managed via software.
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| domain | founded_year | HQ Location |
Recruitment and workforce management are offered for hospitality.
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| domain | founded_year | HQ Location |
Freelance management, payments, and reporting are facilitated by AI software.
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| domain | founded_year | HQ Location |
SaaS-based workplace management software for offices is delivered.
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| domain | founded_year | HQ Location |
Cloud-based HCM software is provided for enterprise HR processes.
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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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Frequently Asked Questions about South49 Solutions
When was South49 Solutions founded?
South49 Solutions was founded in 2003 and raised its 1st funding round 9 years after it was founded.
Where is South49 Solutions located?
South49 Solutions is headquartered in Sterling, United States.
Is South49 Solutions a funded company?
South49 Solutions is a funded company, having raised a total of $1.82M across 1 funding round to date. The company's 1st funding round was a Series A of $1.82M, raised on May 31, 2012.
How many employees does South49 Solutions have?
As of Dec 31, 2022, the latest employee count at South49 Solutions is 24.
What does South49 Solutions do?
South49 Solutions is the provider of web-based application Natural Insight that lets field managers provides tools for workforce scheduling, Time Keeping, Task Management, workforce analytics. Field managers have features for scheduling for temporary tasks based on skills, availability, photo and data capture, see time spent by employees on each task etc. Customers include MarketSource, AMS Retail Solutions, BOOM!, Brand Momentum, Kognitive, Match Marketing, Godiva, AC Moore, and Lindt.
Who are the top competitors of South49 Solutions?
What products or services does South49 Solutions offer?
South49 Solutions offers Capango, Natural Insight, and Exchange.
How many acquisitions has South49 Solutions made?
South49 Solutions has made 1 acquisition, including Cogent Technologies.
Who are South49 Solutions's investors?
South49 Solutions has 1 investor. Key investors include Movista.