About Storewise
Storewise is a company based in Overland Park (United States) founded in 2018 was acquired by Nexa Equity in May 2023.. Storewise has completed 1 acquisition, including MarginMAX. Storewise offers products and services including Storewise Platform, StoreKeeper, and ReceiptKeeper. Storewise operates in a competitive market with competitors including RELEX, Zenput, Wasoko, Bazaarvoice and Silo, among others.
- Headquarter Overland Park, United States
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Sectors
RetailTechnology
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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 Storewise Inc.
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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
Nexa Equity
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Nexa Equity
(May 09, 2023)
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Products & Services of Storewise
Storewise offers a comprehensive portfolio of products and services, including Storewise Platform, StoreKeeper, and ReceiptKeeper. 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.
Automates pricing and operations for independent grocers.
Optimizes pricing decisions to improve store margins.
Detects risks and analyzes sales data for loss prevention.
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Funding Insights of Storewise
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Angel Round - Storewise | 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 Storewise
Storewise has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include Jorge Arellano and Nexa Equity. 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 fund focused on software and fintech businesses
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Founded Year | Domain | Location | |
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JA
Jorge Arellano |
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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 Storewise
Storewise has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MarginMAX. 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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Cloud-based software development services are provided by MarginMAX.
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2017 |
| 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 - Storewise
| 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 |
Storewise Comparisons
Competitors of Storewise
Storewise 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 RELEX, Zenput, Wasoko, Bazaarvoice and Silo, 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 |
Unified platform for retail and supply chain planning is offered.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
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| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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| domain | founded_year | HQ Location |
Software suite solutions are provided for food distributor businesses.
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| domain | founded_year | HQ Location |
Mobile retail platform with engagement and POS solutions provided.
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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 Storewise
Frequently Asked Questions about Storewise
When was Storewise founded?
Storewise was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Storewise located?
Storewise is headquartered in Overland Park, United States. It is registered at Overland Park, Kansas, United States.
Who is the current CEO of Storewise?
Chris Greco is the current CEO of Storewise.
What does Storewise do?
Storewise was founded in 2018 and is headquartered in Overland Park, United States. Cloud-based analytics are provided to independent retailers, integrating with existing store operations to enhance workflows, boost profits, and automate manual tasks. Services include financial reporting, key value item management, price analysis, online ordering, custom reporting, and automated temporary price reductions that monitor POS transactions for irregularities, update shelf labels, and track scales.
Who are the top competitors of Storewise?
Storewise's top competitors include RELEX, Bazaarvoice and Wasoko.
What products or services does Storewise offer?
Storewise offers Storewise Platform, StoreKeeper, and ReceiptKeeper.
How many acquisitions has Storewise made?
Storewise has made 1 acquisition, including MarginMAX.
Who are Storewise's investors?
Storewise has 2 investors. Key investors include Jorge Arellano, and Nexa Equity.