About StoreForce
StoreForce is a company based in Toronto (Canada) founded in 2010.. StoreForce has completed 1 acquisition, including ThinkTime. StoreForce offers products and services including Retail Workforce Management, KPI Performance Management, Retail Execution, and Retail Employee Engagement. StoreForce operates in a competitive market with competitors including Reflexis Systems, Natural Insight, QVALON, SameSystem and Vensafe, among others.
- Headquarter Toronto, Canada
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Products & Services of StoreForce
StoreForce offers a comprehensive portfolio of products and services, including Retail Workforce Management, KPI Performance Management, Retail Execution, and Retail Employee Engagement. 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.
Software for optimizing employee schedules and labor allocation.
Platform for tracking real-time metrics and driving sales targets.
Tools for consistent strategy implementation across retail stores.
Solutions to empower staff collaboration and productivity in retail.
Funding Insights of StoreForce
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - StoreForce | Valuation | Accel-KKR |
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| Dec, 2016 | Amount | Seed - StoreForce | Valuation |
investors |
| 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 StoreForce
StoreForce has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accel-KKR and Otimo Retail. 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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Investments are focused on mid-market software and technology-enabled services firms.
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Founded Year | Domain | Location | |
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Investment in retail-focused technology companies is facilitated by Otimo Retail.
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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 StoreForce
StoreForce has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ThinkTime. 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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Retail task management and help ticketing solutions are offered.
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2012 |
| 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 - StoreForce
| 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 |
Storeforce Comparisons
Competitors of StoreForce
StoreForce 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 Reflexis Systems, Natural Insight, QVALON, SameSystem and Vensafe, 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 |
AI-based workforce management software is offered for diverse industries.
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| domain | founded_year | HQ Location |
Workforce management and analytics for hourly workers are enabled.
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| domain | founded_year | HQ Location |
QVALON is recognized for providing mobile retail management solutions.
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| domain | founded_year | HQ Location |
Offers tools for planning, administration, and operations in retail and hospitality.
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| domain | founded_year | HQ Location |
Technology-based anti-theft solutions for retail and FMCG sales are offered.
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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 Storeforce
Frequently Asked Questions about StoreForce
When was StoreForce founded?
StoreForce was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is StoreForce located?
StoreForce is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does StoreForce do?
StoreForce was founded in 2010 in Toronto, Canada, as a provider of software tools for the retail sector. Web-based solutions are offered to enable performance-based scheduling, with management of workforce and tasks integrated across store levels and departments. Operations focus on optimizing retail efficiency through these digital platforms, supporting various store functions in a centralized manner.
Who are the top competitors of StoreForce?
StoreForce's top competitors include Reflexis Systems, Natural Insight and QVALON.
What products or services does StoreForce offer?
StoreForce offers Retail Workforce Management, KPI Performance Management, Retail Execution, and Retail Employee Engagement.
How many acquisitions has StoreForce made?
StoreForce has made 1 acquisition, including ThinkTime.
Who are StoreForce's investors?
StoreForce has 2 investors. Key investors include Accel-KKR, and Otimo Retail.
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