About Sproxil
Sproxil is a company based in Cambridge (United States) founded in 2009.. Sproxil has raised $3.1 million across 4 funding rounds from investors including Acumen and MassChallenge. The company has 25 employees as of April 07, 2024. Sproxil offers products and services including Sproxil Survey, Sproxil Informer, Sproxil Champion, Sproxil Ally, and Sproxil Defender. Sproxil operates in a competitive market with competitors including Digimarc, ScanTrust, SupplyPike, TruTag Technologies and Nexite, among others.
- Headquarter Cambridge, United States
- Employees 25 as on 07 Apr, 2024
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Sectors
RetailTechnology Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Sproxil Brand Protection Solutions Private Limited
- Date of Incorporation 22 Jun, 2011
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$2.11 M (USD)21.13as on Mar 31, 2023
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Net Profit
$195.46 (USD)-99.66as on Mar 31, 2023
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EBITDA
$-71.48 K (USD)-138as on Mar 31, 2023
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Total Equity Funding
$3.1 M (USD)
in 4 rounds
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Latest Funding Round
$803.96 K (USD), Series A
Jan 27, 2017
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Investors
Acumen
& 1 more
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Employee Count
25
as on Apr 07, 2024
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Products & Services of Sproxil
Sproxil offers a comprehensive portfolio of products and services, including Sproxil Survey, Sproxil Informer, Sproxil Champion, Sproxil Ally, and Sproxil Defender. 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.
Captures real-time opinions for market insights and analytics.
Provides end-to-end visibility to secure and trace products.
Facilitates reward programs to boost brand visibility and loyalty.
Rewards partners to strengthen distribution and brand promotion.
Protects products using unique codes against fraud and fakes.
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Funding Insights of Sproxil
Sproxil has successfully raised a total of $3.1M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $803.96 thousand completed in January 2017. 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 4
- Last Round Series A — $803,963
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Series A - Sproxil | Valuation |
investors |
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| Nov, 2012 | Amount | Series A - Sproxil | Valuation |
investors |
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| Feb, 2011 | Amount | Series A - Sproxil | Valuation | Acumen |
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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 Sproxil
Sproxil has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Acumen and MassChallenge. 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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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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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 Sproxil
| 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 - Sproxil
| 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 |
Sproxil Comparisons
Competitors of Sproxil
Sproxil 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 Digimarc, ScanTrust, SupplyPike, TruTag Technologies and Nexite, 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 |
Anti-counterfeiting barcode solutions are supplied to brands and retailers.
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| domain | founded_year | HQ Location |
Copy-proof QR codes are provided for counterfeiting protection.
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| domain | founded_year | HQ Location |
SaaS-based supply chain management software solutions are provided.
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| domain | founded_year | HQ Location |
Anti-counterfeiting solutions are offered via microscopic edible barcodes for authentication.
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| domain | founded_year | HQ Location |
Provider of product authentication counterfeit labels for offline retailers
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for e-commerce operations management are provided.
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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 Sproxil
When was Sproxil founded?
Sproxil was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Sproxil located?
Sproxil is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Sproxil a funded company?
Sproxil is a funded company, having raised a total of $3.1M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.8M, raised on Oct 22, 2010.
How many employees does Sproxil have?
As of Apr 07, 2024, the latest employee count at Sproxil is 25.
What is the annual revenue of Sproxil?
Annual revenue of Sproxil is $2.11M as on Mar 31, 2023.
What does Sproxil do?
Sproxil was founded in 2009 in Cambridge, United States, within the anti-counterfeiting technology sector. Mobile-based verification is facilitated through security labels with scratch-off panels on protected products. Unique codes are exposed at the point of sale and transmitted via SMS or a dedicated app to check authenticity. Confirmation replies are sent to indicate if items are genuine or fake. The app operates on Android and iOS platforms.
Who are the top competitors of Sproxil?
Sproxil's top competitors include SupplyPike, Digimarc and VerifyMe.
What products or services does Sproxil offer?
Sproxil offers Sproxil Survey, Sproxil Informer, Sproxil Champion, Sproxil Ally, and Sproxil Defender.
Who are Sproxil's investors?
Sproxil has 2 investors. Key investors include Acumen, and MassChallenge.