Contenu connexe Similaire à Tracxn - RetailTech Startup Landscape Similaire à Tracxn - RetailTech Startup Landscape (20) Tracxn - RetailTech Startup Landscape2. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
2
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3. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
3
Feed Summary
Investment Trend Summary
Exit Outlook Summary
BlueBox
Summary of Key Markets
Notable Companies in the Sector
Recent News
4. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on March 16, 2019.
RetailTech Feed Summary
4
RetailTech > Feed Summary
Technology solutions focused on brick-and-mortar retailers to manage and optimize in-store operations and related
activities like marketing, analytics, customer engagement, etc.
• Inclusions: Companies offering technology solutions
to aide different functions for offline retailers including
inventory management, marketing, payments,
workforce management, customer engagement etc. It
also includes smart solutions like vending
machines,shelves and shopping carts.
• Exclusions: Companies offering standalone
hardware or components like thermal printers,
terminal devices, barcode scanners etc. for offline
retailers.
• Excludes funding information of Chinese companies Feed in Numbers
Overview
$8.6B
Funding
58
Mega
Companies
10203027
FundedCovered on
Tracxn
5
Unicorns
43
Soonicorns
75
Minicorns
42
IPO’d Cos
352
Late Stage Cos
80
232
Acquisitions
383
DeadPooled
2
Acquihired
Series A+ Cos
NexTech AR
Solutions
(2018, Toronto, $2.1M)
Lightspeed POS
(2005, Montreal, $292M)
Datametrex
(2016, Toronto)
Top Companies
5. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Investment Trend Summary
Summary of Funding Activity in RetailTech
5
$200M - Series D
Fractal Analytics (2000, San Mateo, $325M)
$82M - Series B
Pine labs (1998, Noida, $227M)
$166M - Series D
Lightspeed POS (2005, Montreal, $292M)
$75M - Series E
Optoro (2010, Washington D.C., $200M)
$125M - Series E
Trax (2010, Tel Aviv, $290M)
$65M - Series E
ShopKeep (2008, New York City, $162M)
$125M - Series C
Pine labs (1998, Noida, $227M)
$64M - Series D
Trax (2010, Tel Aviv, $290M)
$100M - Series C
Poynt (2013, Calgary, $135M)
$58.6M - Series C
True Fit (2005, Woburn, $105M)
Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend
*YTD *YTD
RetailTech > Feed Summary > Investment Trend Summary
Seed
Right Side Capital Management (#7), Nauta Capital (#3), Otimo
Retail (#3)
Series A/B Intel Capital (#4), Sonae IM (#4), Sequoia Capital (#3)
Series C+ Warburg Pincus (#3), Activant Capital (#2), Temasek(#2)
Incubators Plug and Play Tech Center (#56), Techstars (#25), 500 Startups
(#17)
Other Notable
Investors
TriplePoint Capital (#7), Goldman Sachs (#4), Kima Ventures (#4)
Debt Investors
InnoVen Capital (#6), Eastward Capital Partners (#3), NXT
Ventures (#3)
Most Active InvestorsRecent Investments
413 418
290
126
38
1
2014 2015 2016 2017 2018 2019*
Y-o-Y # of Companies Founded 208 199 184 148 122 18
$5.3B
$1.1B
$721M
$692M
$354M
US
Europe
Canada
India
Israel
$ Funding
$365M
$1.1B
$1B
$861M
$809M
$1.3B
$1.5B
72
2014 2015 2016 2017 2018 2019*
$ Funding # Rounds
6. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Summary of exit outlook in RetailTech
Exit Outlook Summary
66
Most Active AcquirersTop Investors in Exits
General Atlantic 3
Bazaarvoice (2005, Austin, $19.9M)
Torex (2007, Dunstable)
Herald Investment
Management
3
Digimarc (1994, Portland, $60M)
Eagle Eye Solutions (2003, Guildford, $1.9M)
Hellman & Friedman 3
Catalina (1983, St. Petersburg)
Kronos (1977, Chelmsford)
Madrona Venture
Group
2
Placed (2011, Seattle, $13.4M)
MaxPoint (2007, Morrisville, $11M)
Bessemer Venture
Partners
2
Shopify (2006, Ottawa, $122M)
Kronos (1977, Chelmsford)
Jan 2017 Concardis Acq by Bain Capital for $738M
Mar 2016 Checkpoint Systems for $532M
Nov 2012 Retalix Acq by NCR for $650M
Mar 2007 Kronos Acq by Hellman & Friedman for $1.8B
Mar 2007 Catalina Acq by ValueAct Capital for $1.7B
Mar 2006 Nielsen Acq by KKR for $9B
Mar 2005 Retek Acq by Oracle for $630M
RetailTech > Feed Summary > Exit Outlook Summary
Oracle 4
Retek (Mar 2005, $630M), Demantra (May 2006, $41M),
Cornerstone Retail Solutions (Jan 2006)
NCR 4
Retalix (Nov 2012, $650M), JetPay (Oct 2018, $184M), StopLift
Checkout Vision Systems (Nov 2018)
Google 3
Zave Networks (Sep 2011), Incentive Targeting (Nov 2012),
Get Punchd (Jul 2011)
Groupon 3
VenueLabs (Jun 2015), Swarm (Nov 2014), Barcode Hero
(Feb 2012)
Versata 3
Quantum Retail (Oct 2015), geoVue (Feb 2011), Everest (Aug
2009)
Recent IPOs Top Acquisitions
MaxPoint Mar 2015
Hyperlocal targeted advertising platform
IPO MCap: $294M
Quotient Jun 2014
Offline retail solutions provider that de…
IPO MCap: -
Eagle Eye Solutions Apr 2014
Promotion management platform
IPO MCap: $55.2M
Kalibrate Nov 2013
Business intelligence platform for fuel &…
IPO MCap: $140k
Sumareji Feb 2019
Cloud-based iPad and iPhone compatible PO…
IPO MCap: $112M
NexTech AR Solutions Nov 2018
AR-based advertising platform for the can…
IPO MCap: -
Square Nov 2015
Mobile point of sale provider
IPO MCap: $3B
Shopify May 2015
Cloud-based software solutions to create…
IPO MCap: $131M
7. * Upcoming Business Model
Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.
FACTSHEET
Funding data excludes Debt, Grants & Post-IPO rounds.
Excludes all details for Chinese companies.
Feed Report - RetailTech - Mar 2019
Marketmap: Retail Tech
Overview
Companies 3027
Funded 1020 Series A+ 352
Funding $8.6B Last 2 yrs $3.5B
Most Active Investors
Seed Right Side Capital Management (7)
Series A/B Intel Capital (4)
Series C+ Warburg Pincus (3)
Others TriplePoint Capital (7)
Incubators Plug and Play Tech Center (56)
Top Cities
Bay Area 204 Cos $2.4B
New York City 101 Cos $598M
Feed in Numbers
Unicorns 5 Soonicorns 43
Minicorns 75 Editor Picks 259
Acquihired 2 Deadpooled 383
Top Companies
Datametrex (2016, Toronto)
NexTech AR
Solutions
(2018, Toronto, $2.1M)
Lightspeed POS (2005, Montreal, $292M)
Exits
IPOs 42 Square, MaxPoint
Acquisitions 232 Nielsen, Kronos
Top Acquirers Oracle, NCR
SUITE
SMART STORES*
IN-STORE
MARKETING
THEFT PREVENTION
CLIENTELING
ANALYTICS
IoT SENSORS*
AUGMENTED SHOPPING*
ASSET RECOVERY
LOYALTY & REWARDS
POST PURCHASE
MOBILE POS
SELF CHECKOUT*
PAYMENTS
PLANNING & OPERATIONS
MARKET INTELLIGENCE
ROBOTICS*
PLANNOGRAMMING
INVENTORY MANAGEMENT
STORE AUDITS*
7
RetailTech > Feed Summary > BlueBox
8. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Key Sub Sectors in RetailTech Sector
Summary of Key Markets
8
Top Markets of Investment Activity
# Cos on
Platform
Last 2 Years
$ Invested # Round
Payments > POS > mPOS >
Software 282 $303M 18
Payments > POS > mPOS >
Software + Hardware 78 $133M 15
Payments > POS >
Traditional POS Software 259 $249M 8
Analytics >
Market Intelligence 57 $216M 7
Analytics > Market Intelligence >
Location Intelligence 29 $69.2M 8
Monitoring > Store Audits >
Crowdsourced 33 $42.8M 8
Analytics > In-Store > Sensor-based >
Video & Image Analytics 62 $207M 5
Back Office > HRTech >
WorkForce Management 31 $41.1M 8
Back Office >
Inventory Management 124 $28.8M 14
Payments >
POS 80 $111M 5
Sub Sectors
# Cos
Tracked
#
Funded
Total
Funding
Payments
Companies that offer solutions which enable offline
retailers to accept cashless transactions
781 185 $2.9B
Analytics
Companies that offer analytics solutions for retailers
and brands to analyze customer...
509 240 $2.4B
Customer Engagement
Companies that offer in-store customer engagement
solutions for enhancing customer experience
603 237 $1.1B
Back Office
Companies that offer solutions pertaining to back
office retail operations and execution
291 92 $796M
Monitoring
Companies that offer solutions to monitor in-store
activity for enhanced performance,...
113 57 $399M
Marketing
Companies that offer solutions for promoting and
selling products through in-store or...
388 123 $358M
Store Automation
Companies that offer solutions to automate in-store
retail operations
34 15 $245M
RetailTech > Feed Summary > Summary of Key Markets
9. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies in RetailTech
Notable Companies in the Sector (1/2)
9
Note: *(Founded Year, Location, Total Funding)
RetailTech > Feed Summary > Notable Companies in the Sector
Public
Square
(2009, San Francisco, $516M)*
Verifone
(1981, San Jose)
KICC
(1986, Seoul)
MaxPoint
(2007, Morrisville, $11M)
Shopify
(2006, Ottawa, $122M)
Sumareji
(2011, Osaka)
Eagle Eye Solutions
(2003, Guildford, $1.9M)
AssetOwl
(2014, Melbourne)
Skyfii
(1987, Sydney)
Kalibrate
(2012, Manchester)
Public
Nepa
(2006, Stockholm, $162M)
Digimarc
(1994, Portland, $60M)
Blue Calypso
(2011, Dallas, $9.9M)
NexTech AR Solutions
(2018, Toronto, $2.1M)
Datametrex
(2016, Toronto)
Manhattan Associates
(1990, Atlanta)
Sanderson
(1983, Coventry)
Quotient
(1998, Mountain View)
AURES
(1989, Lisses)
TISC
(1974, Nagoya)
Public
Entersoft
(2002, Athens)
iRipple
(2000, Pasig)
Linx
(1985, Sao Paulo)
Clientron
(1983, Taipei)
Columbus
(1989, Ballerup)
Creative Realities
(1997, New York City)
EasyFill
(2005, Ostersund)
Invigor Group
(1998, Sydney)
Klever Marketing
(1999, Laguna Niguel)
Mobiquity Networks
(2011, Garden City)
Public
Plexure
(2010, San Francisco)
Pricer AB
(1991, Stockholm)
TXT Retail
(1989, Milan)
USA Technologies
(1992, Malvern)
Acquired
Nielsen
(1922, New York City)
Kronos
(1977, Chelmsford)
Catalina
(1983, St. Petersburg)
Concardis
(2003, Eschborn)
Retalix
(1982, Ra'anana)
Retek
(1985, Minneapolis)
Checkpoint Systems
(1969, Thorofare)
Bazaarvoice
(2005, Austin, $19.9M)
1010data
(2000, New York City, $35M)
Getnet
(2013, Sao Paulo)
10. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies in RetailTech
Notable Companies in the Sector (2/2)
10
RetailTech > Feed Summary > Notable Companies in the Sector
Acquired
DemandTec
(1999, San Carlos, $16M)
Moneris
(2000, Toronto)
Accelerated Payment
Technologies
(2005, Pleasant Grove)
NSB Group
(1995, Reading)
PRN Corp
(1992, San Francisco, $5M)
Torex
(2007, Dunstable)
JetPay
(2011, Carrollton, $18.3M)
CashStar
(2007, Portland, $41M)
ShopperTrak
(1995, Chicago)
Bematech
(1990, Parana)
Acquired
Placed
(2011, Seattle, $13.4M)
CRS Retail Systems
(1952, Newburgh)
Unicorns
Zoho
(1996, Chennai)
Deadpooled
MobileBits (2010, Sarasota)
12. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (1/12)
12
RetailTech > Feed Summary > Notable Companies by Market
Suite
Suite
HighJump (1983, Minneapolis, $10M)
Supply chain software solutions for multiple
industries
Soonicorn. Stage: Acquired
Gemini Investors, Battery Ventures, Split Rock
Partners
Zoho (1996, Chennai)
Online Business Apps Suite for SMBs
Unicorn. Stage: Funded
Randvest Capital
Checkpoint Systems (1969, Thorofare)
Cloud-based end-to-end intelligent solutions for
offline retailers
Editor's Pick. Stage: Acquired
Hudson River Capital Partners, Sagard Holdings
Manhattan Associates (1990, Atlanta)
Supply Chain Software Vendor
Editor's Pick. Stage: Public
Suite
CAM Commerce Solutions (1983, Fountain
Valley)
Suite solutions for retailers
Soonicorn. Stage: Acquired
Entersoft (2002, Athens)
Integrated business software
Stage: Public
I4G
iRipple (2000, Pasig)
Cloud-based end-to-end software solutions for
offline retailers
Stage: Public
Linx (1985, Sao Paulo)
End to end software solutions for retailers
Stage: Public
General Atlantic
CRS Retail Systems (1952, Newburgh)
Integrated and multi-channel retail solutions
provider
Stage: Acquired
Suite
NSB Group (1995, Reading)
Software and services for the speciality retail
market
Stage: Acquired
Retalix (1982, Ra'anana)
Suite of solutions for retail expanding POS, SCM,
inventory management and
Stage: Acquired
Retek (1985, Minneapolis)
Suite of software solutions for retail industry
Stage: Acquired
Torex (2007, Dunstable)
End-to-end solutions provider catering to the
offline retail industry
Stage: Acquired
General Atlantic, Cerberus Capital Management
13. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (2/12)
13
RetailTech > Feed Summary > Notable Companies by Market
Payments
POS
Square (2009, San Francisco, $516M)
Mobile point of sale provider
Unicorn. Stage: Public
Goldman Sachs, Barclays, Citi and 31 Other
Investors
Lightspeed POS (2005, Montreal, $292M)
SaaS based Retail Management Software and
eCommerce platform
Soonicorn. Stage: Series D
Caisse de depot et placement du Quebec, Invest
Quebec, Inovia Capital and 5 Other Investors
Pine labs (1998, Noida, $227M)
POS software solutions for offline retailers and
brands
Soonicorn. Stage: Series C
Temasek, PayPal, Actis and 5 Other Investors
POS
ShopKeep (2008, New York City, $162M)
PoS software provider for retailers
Soonicorn. Stage: Series E
Tribeca Venture Partners, First Data, Salesforce and
12 Other Investors
Revel Systems (2010, San Francisco, $153M)
iPad-based restaurant management solution
Soonicorn. Stage: Series C
Welsh Carson Anderson Stowe, ROTH Capital,
DreamFunded and 3 Other Investors
Shopify (2006, Ottawa, $122M)
Cloud-based software solutions to create online
stores for retailers
Unicorn. Stage: Public
OMERS Ventures, Insight Venture Partners,
FirstMark and 6 Other Investors
POS
Mswipe (2009, Mumbai, $105M)
Mobile-based POS payment solution provider
Soonicorn. Stage: Series E
B Capital Group, DSG Consumer Partners, Epiq
Capital Advisors and 14 Other Investors
Tyro (2003, Sydney, $103M)
EFTPOS system provider
Soonicorn. Stage: Series D
Tiger Global Management, TDM Asset Management,
Mike Cannon Brookes
Digimarc (1994, Portland, $60M)
Barcoding, mobile SDK and packaging solutions
provider
Stage: Public
Philips, Rovi, Inertia Advisors and 4 Other Investors
Oxigen (2004, Gurgaon, $51.1M)
POS software provider
Soonicorn. Stage: Series B
Anjali Sachin Tendulkar, Microsoft Ventures, Citi
and 2 Other Investors
14. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (3/12)
14
RetailTech > Feed Summary > Notable Companies by Market
Payments
POS
Vend (2010, San Francisco, $45.9M)
Cloud based Retail POS
Soonicorn. Stage: Series D
Movac, Square Peg Capital, Jasmine Social
Investments and 14 Other Investors
JetPay (2011, Carrollton, $18.3M)
Payment processor
Minicorn. Stage: Acquired
Flexpoint Ford
Openbravo (2006, Pamplona, $18M)
Web-based open source ERP and PoS solutions for
SMEs
Soonicorn. Stage: Series B
Amadeus Capital, Adara Ventures, Gimv and 2
Other Investors
Retalix (1982, Raanana)
POS software solution for offline retailers
Soonicorn. Stage: Funded
FIMI Opportunity Fund
POS
Getnet (2013, Sao Paulo)
mPOS software and hardware solution for offline
retailers
Editor's Pick. Stage: Acquired
Santander
Accelerated Payment Technologies (2005,
Pleasant Grove)
Payment Gateway and POS software
Stage: Acquired
Bematech (1990, Parana)
Provider of POS system on tablets
Stage: Acquired
Clientron (1983, Taipei)
Leading provider of POS system
Stage: Public
UMC Capital, Darwin Ventuere Management
Concardis (2003, Eschborn)
Payment gateway and PoS software
Stage: Acquired
POS
KICC (1986, Seoul)
Korean POS solution provider
Stage: Public
Moneris (2000, Toronto)
Gateway, PoS and recurring billing services
Stage: Acquired
Sumareji (2011, Osaka)
Cloud-based iPad and iPhone compatible POS
system
Stage: Public
Mitsubishi UFJ Capital
USA Technologies (1992, Malvern)
Cashless payment technology
Stage: Public
15. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (4/12)
15
RetailTech > Feed Summary > Notable Companies by Market
Customer Engagement
Suite
Capillary Tech (2008, Bangalore, $100M)
Omnichannel engagement and commerce platform
for businesses
Soonicorn. Stage: Series C
Warburg Pincus, Sequoia Capital, InnoVen Capital
and 6 Other Investors
Blue Calypso (2011, Dallas, $9.9M)
Digital products and services to increase brand
loyalty
Stage: Public
Bonanzacapital, Mobility Ventures
Loyalty & Rewards
FiveStars (2011, San Francisco, $105M)
Customer loyalty program which integrates with
merchant POS systems
Soonicorn. Stage: Series C
HarbourVest Partners, Menlo Ventures, DCM
Ventures and 8 Other Investors
Linkable Networks (2010, Boston, $46.5M)
SKU Credit Card linked offers
Soonicorn. Stage: Series C
Common Angels, Blue Chip Venture, Kepha Partners
and 6 Other Investors
CashStar (2007, Portland, $41M)
Digital Gifting & Incentives Company
Soonicorn. Stage: Acquired
FTV Capital, Passport Capital, Intel Capital and 5
Other Investors
Loyalty & Rewards
Thanx (2012, San Francisco, $23.1M)
Card integrated Loyalty programs
Soonicorn. Stage: Series B
Sequoia Capital, Javelin Venture Partners, Icon
Ventures and 6 Other Investors
Eagle Eye Solutions (2003, Guildford, $1.9M)
Promotion management platform
Stage: Public
William Currie Group, Herald Investment
Management
Quotient (1998, Mountain View)
Offline retail solutions provider that designs
customer engagement solutions
Editor's Pick. Stage: Acquired
Greylock Partners
MobileBits (2010, Sarasota)
Mobile app-based customer engagement solutions
provider
Stage: Deadpooled
16. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (5/12)
16
RetailTech > Feed Summary > Notable Companies by Market
Customer Engagement
Augmented Shopping
Marxent (2011, Dayton, $16.1M)
AR & VR solutions for Visual Commerce
Soonicorn. Stage: Series B
Stage 1 Ventures, Detroit Venture Partners, Beck
Besecker and 2 Other Investors
NexTech AR Solutions (2018, Toronto, $2.1M)
AR-based advertising platform for the cannabis
market
Editor's Pick. Stage: Public
Analytics
In-Store
Trax (2010, Tel Aviv, $290M)
Image recognition software
Soonicorn. Stage: Series E
Boyu Capital, Warburg Pincus, Investec and 3 Other
Investors
RetailNext (2007, San Jose, $190M)
Real-time in-store analytics using WiFi and
Bluetooth sensors
Soonicorn. Stage: Series E
EDBI, August Capital, Commerce Ventures and 12
Other Investors
Nepa (2006, Stockholm, $162M)
Customer insights provider to the retail, financial,
transportation, and events industry
Stage: Public
Unitas Capital, Nordic Garage Ventures
In-Store
ManthanRetail (2004, Bangalore, $104M)
Retail and CPG analytics solution
Soonicorn. Stage: Series D
InnoVen Capital, Claymore Investments, Norwest
Venture Partners and 5 Other Investors
Affinity Solutions (1998, New York City,
$47.9M)
Analytics based marketing solutions for financial
institutions
Soonicorn. Stage: Series B
Chestnut Hill Partners
Euclid (2010, San Francisco, $44M)
Consumer behavior analytics solution
Soonicorn. Stage: Acquired
Cox Enterprises, Gold Sky Capital, New Enterprise
Associates and 4 Other Investors
17. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (6/12)
17
RetailTech > Feed Summary > Notable Companies by Market
Analytics
In-Store
Euclid Analytics (2010, Palo Alto, $43.6M)
Analytics for offline retail
Soonicorn. Stage: Series C
Cox Enterprises, Benchmark Capital, New
Enterprise Associates and 7 Other Investors
1010data (2000, New York City, $35M)
Cloud - Big Data Analytics
Stage: Acquired
Norwest Venture Partners, Founders Guild
Celect (2013, Boston, $30.1M)
Cloud-based predictive analytics platform for
retailers
Soonicorn. Stage: Series C
NGP Capital, Fung Capital USA, Activant Capital and
3 Other Investors
DemandTec (1999, San Carlos, $16M)
Merchandising and trade optimization
Stage: Acquired
Crosspoint Venture Partners, Draper Athena, Altos
Ventures Capital
In-Store
Datametrex (2016, Toronto)
Transaction-based in-store analytics solutions for
offline retailers
Minicorn. Stage: Public
Invigor Group (1998, Sydney)
Analytics and marketing solutions for retail sector
Stage: Public
Plexure (2010, San Francisco)
In-store customer insights leading to increased
sales
Stage: Public
Allectus Capital, Incubasia Ventures, CMB Capital
ShopperTrak (1995, Chicago)
Global provider of shopper analytics
Stage: Acquired
Skyfii (1987, Sydney)
Data-driven marketing platform for retail
businesses
Stage: Public
Market Intelligence
Fractal Analytics (2000, San Mateo, $325M)
Predictive and advanced Big Data analytics
Soonicorn. Stage: Series D
Apax Partners, Khazanah, Aimia and 4 Other
Investors
GroundTruth (2009, New York City, $147M)
Location analytics platform for audience targeting
Soonicorn. Stage: Series E
SoftBank Group, Microsoft, M12 and 11 Other
Investors
Blue Yonder (2008, Karlsruhe, $75M)
Predictive Analytics based on Artificial Intelligence
Soonicorn. Stage: Acquired
Warburg Pincus
Bazaarvoice (2005, Austin, $19.9M)
SaaS product that promotes word of mouth
marketing
Soonicorn. Stage: Acquired
Austin Ventures, Battery Ventures, First Round
Capital and 15 Other Investors
18. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (7/12)
18
RetailTech > Feed Summary > Notable Companies by Market
Analytics
Market Intelligence
Engage3 (2008, San Francisco, $17.2M)
SaaS-based price optimization solution
Soonicorn. Stage: Series C
Wells Fargo, Pereg Ventures, Moneta Ventures and
5 Other Investors
Placed (2011, Seattle, $13.4M)
Location Analytics and Targeting platform
Stage: Acquired
Madrona Venture Group, Two Sigma Ventures,
Shane Atchison and 1 Other Investors
Kalibrate (2012, Manchester)
Business intelligence platform for fuel &
convenience retail stores
Editor's Pick. Stage: Acquired
PNC Financial Services Group, Azini Capital
Partners, Eurovestech and 1 Other Investors
Market Intelligence
Nielsen (1922, New York City)
Global Information and measurement company
Stage: Public
Ardian, Thomas H Lee Partners, HarbourVest
Partners and 7 Other Investors
Marketing
In-Store
Swirl Networks (2011, Boston, $32M)
In-Store Mobile Marketing
Soonicorn. Stage: Series C
Longworth Venture Partners, Twitter Ventures,
Hearst and 4 Other Investors
PRN Corp (1992, San Francisco, $5M)
Advertising and marketing solutions for retailers
and brands in-store through digital signage
Stage: Acquired
Panasonic Venture Group, Shamrock Capital
Advisors, Northwood Ventures and 1 Other
Investors
Creative Realities (1997, New York City)
Provider of digital interactive signage provider for
retailers and brands
Stage: Public
19. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (8/12)
19
RetailTech > Feed Summary > Notable Companies by Market
Marketing
Proximity Marketing
MaxPoint (2007, Morrisville, $11M)
Hyperlocal targeted advertising platform
Stage: Acquired
Madrona Venture Group, Trinity Ventures
Catalina (1983, St. Petersburg)
Personalized digital marketing and advertising
solutions for retailers
Unicorn. Stage: Acquired
Hellman & Friedman, Edelson Technology Partners,
AlpInvest Partners
Klever Marketing (1999, Laguna Niguel)
Hyperlocal store locator and in-store coupons
Stage: Public
Mobiquity Networks (2011, Garden City)
A network of sensor-based proximity marketing for
malls and offline retailers
Stage: Public
Monitoring
Store Audits
Quri (2010, San Francisco, $31.3M)
Retail measurement service
Soonicorn. Stage: Acquired
Kern Whelan Capital, Matrix Partners, Catamount
Ventures and 2 Other Investors
AssetOwl (2014, Melbourne)
Internal audit management and monitoring app for
retailers
Stage: Public
Security
3VR (2002, San Francisco, $59.5M)
Video intelligence solutions for real-time security to
detect fraud and customer insights
Soonicorn. Stage: Acquired
Opus Bank, Menlo Ventures, Focus Ventures and 5
Other Investors
Iverify (2002, Charlotte, $52.3M)
Provider of innovative security solutions, including
real-time remote monitoring services, for retailers
Soonicorn. Stage: Series C
Securitas, Driehaus Private Equity, RBC Bank
20. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (9/12)
20
RetailTech > Feed Summary > Notable Companies by Market
Back Office
Suite
TISC (1974, Nagoya)
Back-office management software solutions for
retail chains
Stage: Public
Inventory Management
Sanderson (1983, Coventry)
Software solution for multi-channel selling
Soonicorn. Stage: Public
Herald Investment Management
Columbus (1989, Ballerup)
Software solution for order and inventory
management
Stage: Public
Taaleri
TXT Retail (1989, Milan)
Merchandising and demand optimization solutions
Stage: Acquired
Asset Recovery
Optoro (2010, Washington D.C., $200M)
Asset recovery solutions
Soonicorn. Stage: Series E
Revolution, Generation Investment Management,
Franklin Templeton Investments and 11 Other
Investors
21. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (10/12)
21
RetailTech > Feed Summary > Notable Companies by Market
Back Office
HRTech
Kronos (1977, Chelmsford)
HR management suite solutions
Unicorn. Stage: Acquired
Two River, Hellman & Friedman, MassVentures and
2 Other Investors
Store Automation
Electronic Shelf Labels
Displaydata (2000, Bracknell, $66.3M)
Dynamic digital display solutions for retailers
Soonicorn. Stage: Series D
Clydesdale and Yorkshire Bank, Zebra
Technologies, Trillium Group and 6 Other Investors
Pricer AB (1991, Stockholm)
In-store electronic shelf labels with app for
shoppers to enhance in-store experience
Stage: Public
Arba Finance Company
Robotics
Bossa Nova Robotics (2005, Pittsburgh,
$70.7M)
Develops robots for retail stores
Soonicorn. Stage: Series B
LG, Cota Capital, Walden International and 7 Other
Investors
22. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (11/12)
22
RetailTech > Feed Summary > Notable Companies by Market
Store Automation
Plannogramming Solutions
Revionics (2002, Austin, $56.7M)
Solutions for optimization of pricing, promotions,
markdown, space and assortment
Soonicorn. Stage: Series D
Square 1 Bank, Goldman Sachs, Motorola Solutions
and 5 Other Investors
EasyFill (2005, Ostersund)
Rotating shelf solutions for retail stores
Stage: Public
Inlands Innovation
Accessories
POS Hardware
AURES (1989, Lisses)
Developer and provider of EPOS systems and
related peripherals
Stage: Public
Quest for Growth, Alto Invest
Verifone (1981, San Jose)
Manufacturer of POS device & payment solutions
provider
Stage: Acquired
Credit Suisse, Partech, Global Internet Ventures and
2 Other Investors
Omnichannel Solutions
Omnichannel Solutions
Shopgate (2009, Butzbach, $22.4M)
Mobile websites and native apps for online
merchants
Soonicorn. Stage: Series C
Northcap Partners, Creathor Venture
23. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies by Market in RetailTech
Notable Companies by Market (12/12)
23
RetailTech > Feed Summary > Notable Companies by Market
Omnichannel Solutions
Turnkey Stores
b8ta (2015, San Francisco, $42.6M)
Smart retail store that showcases and sells IoT and
smart gadgets
Soonicorn. Stage: Series B
Macy, Sound Ventures, Palm Drive Capital and 10
Other Investors
WithMe (2016, Las Vegas, $38.8M)
Designer, builder and lease provider of short-term
omnichannel retail stores
Soonicorn. Stage: Series B
VTF Capital, Base Ventures, Infinity Capital
Partners and 4 Other Investors
Warung Pintar (2017, Jakarta, $35.5M)
Smart retail store solution provider
Soonicorn. Stage: Series B
Vertex Ventures, Pavilion Capital Partners, LINE
Ventures and 9 Other Investors
24. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
List of Notable Companies in RetailTech in China
Notable Companies in the Sector in China
24
RetailTech > Feed Summary > Notable Companies in the Sector in China
Public
Ubox
(2010, Beijing, $85M)
Winner Technology
(2004, Shanghai)
Unicorns
Lakala
(2005, Beijing, $370M)
25. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Recent News in RetailTech Sector
Recent News
25
RetailTech > Feed Summary > Recent News
Mar 2019
Innoviti Ties-Up Rs. 80 Cr. Through Innovative Debt Instruments to
Expand its Rapidly Growing Business, PR Newswire
Mar 2019
Global Wi-fi Analytics Market To 2026| Gozone Wifi, Purple, July
Systems, Bloom Intelligence, Cloud4wi, Ruckus Wireless, Red
Newswire
Mar 2019
SpotOn and Poynt Partner to Debut All-in-One Payment and
Marketing Solution For Small and Medium-Sized Businesses, PR
Newswire
Mar 2019 NexTech Launches New 3D Google Ads Platform, PR Newswire
Mar 2019
Live! Casino & Hotel Partners with Radius Networks to Launch
Innovative Location Platform to Improve Their Guest and Staff
Experience, PRWeb
Mar 2019
Mobile payment solution startup MSwipe raises Rs 219.8 crore in
new funding round, YourStory Media
Mar 2019
Carrefour Italia Announces Partnership With JoinTag,
esmmagazine.com
Mar 2019
Shopify embarks on first retail partnership to aid d-to-c brands in
physical retail, adageindia.in
Mar 2019
IntelliVision’s Scalable Video Cloud Services Patent Connects
Cameras, Mobile Devices, Security Sales & Integration
Mar 2019
Nielsen’s Bdsradio Integrates With Play Mpe, Music Business
Worldwide
Mar 2019
Kevin Sterneckert Named Chief Marketing Officer for Symphony
RetailAI, the Retail Industry’s Leading AI Solution Provider,
GlobeNewswire
Key Recent News Key Recent News
Mar 2019
Kronos Announces Multi-year Partnerships with Five PGA TOUR
Golfers, Citybizlist
Mar 2019
Kronos Announces Multi-year Partnerships with Five PGA TOUR
Golfers, Business Wire
Mar 2019
IRI and SPINS Offer Expanded Product Label and Ingredient Insights
to Drive Success in Natural and Wellness, Business Wire
Mar 2019
Parlevel Releases Next-Generation Cashless Payment Solution,
Vending Times
Mar 2019
True Fit Fashion Genome Reaching 100M Registered Users and 73%
YoY Growth, PR Newswire
Mar 2019
Lifesight Announces Strategic Partnership with Liveramp To Bring
Lifesight Audiences To APAC, Technology-Signals
Mar 2019
Catalyst Connect Now Employs Basic Six Sigma Methodologies as
Part of Their System Architecture and Project Scoping Practices for
Zoho, PRWeb
Mar 2019
Nielsen, Headset And Deloitte Announce A Strategic Alliance To
Provide Data & Insights To Legal Cannabis Market In Canada, Green
Market Report
Mar 2019
Trax Scoops 2019 Artificial Intelligence Excellence Award for
Innovative Retail Tech Solution, PR Newswire
Mar 2019
PayRange Achieves 100 Million Mobile Transaction Milestone,
Vending Times
Mar 2019
SPINS and The Data Council Expand Partnership, Bringing
Unprecedented Health and Wellness Insight to Item Set Up, PR
Newswire
26. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
26
Funding Trends
Median Deal Size and Trend
New Entrants in Funding Club
Distribution of companies by Funding Range
Funding Funnel of the Sector
Top Investments and Investors
Investors in Unicorn club
27. Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
Cybersecurity
Feb 2019
ERP
Feb 2019
Loyalty Software
Feb 2019
28. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Investments ($M) and number of rounds in RetailTech; 2012-2019
Global Funding Trends (1/2)
28
Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
RetailTech > Investment Trends > Global Funding Trends
#Rounds
$Funding
3 Year CAGR
6 Year CAGR 15% # of Rounds8% $ Funding
4% # of Rounds
8% $ Funding
$365M
$810M
$685M
$1.1B
$1B
$861M
$809M
$1.3B
$1.5B
0
50
100
150
200
250
$0k
$200M
$400M
$600M
$800M
$1.B
$1.2B
$1.4B
$1.6B
2012 2013 2014 2015 2016 2017 2018 2019*
$ Funding Predicted $ Funding # Rounds Predicted # Rounds
29. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
96 122 114 128 95 71 49 5
49
60
74 44
70 65
59
9
12 8 20 27 19 12 14 4
2012 2013 2014 2015 2016 2017 2018 2019 YTD
Seed Early Stage Late Stage
157
18
Total # of Rounds
$51M $67M $65M $82M $60M $48M $44M $5M
$285M
$449M
$522M
$216M
$411M $423M
$605M
$108M
$474M $169M $533M $710M $390M $338M
$625M
$252M
2012 2013 2014 2015 2016 2017 2018 2019 YTD
Seed Early Stage Late Stage
$810M
$365M
Total $ Invested
29
Note: Mega Rounds = rounds with size > $20M. Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Stage-wise Number of RoundsStage-wise $ Invested
New Entrants in Funded Club
Global Funding Trends (2/2)
Investments ($M) and number of rounds in RetailTech; 2012-2019
RetailTech > Investment Trends > Global Funding Trends
182
91
90
76
62
42
5
548
$1.9M
$2.2M
$0.0M
$1.0M
$2.0M
$3.0M
$4.0M
$5.0M
$6.0M
$7.0M
0
100
200
300
400
500
600
2013 2014 2015 2016 2017 2018 2019 YTD Total
Entrants in Funding Club Avg. Ticket Size
$1.9M $1.2M $1.1M $1.3M $1.4M $2.5M $5.8M $2.2M
$302M
$467M $233M
$706M
$601M
$466M
$344M
$941M
$1.2B
20
0
5
10
15
20
25
0
200000000
400000000
600000000
800000000
1E+09
1.2E+09
1.4E+09
2012 2013 2014 2015 2016 2017 2018 2019 YTD
$ Funding Predicted $ Funding # of Rounds Predicted # Rounds
Mega Rounds
6 6 13 11 13 6 18 5
30. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201930
RetailTech > Investment Trends > Funding Trends by Geography
Investments ($M) and number of rounds in RetailTech
Funding Trends by Geography
Funding Trends by Geography Top Cities of Funding
City $ Funding # Rounds
Bay Area 2.4B 246
New York City 598M 99
Tel Aviv 344M 36
Delhi NCR 293M 26
Montreal 293M 6
London 269M 66
Bangalore 256M 47
Washington D.C. 203M 16
Boston 199M 51
Austin 192M 40
Total Funding
878
339
70
127
47
28
33
22
# Rounds
$5.3B
$1.1B
$721M
$692M
$354M
$120M
$83.4M
$51.8M
US
Europe
Canada
India
Israel
Australia
SEA
Latam
Note: Excludes funding information of China companies
31. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201931
Trend of Average Deal Size ($M)
$0.7 $0.7 $0.8 $0.9 $0.9 $0.9
$1.1
2012 2013 2014 2015 2016 2017 2018
RetailTech > Investment Trends > Median Deal Size and Trend
Median and Average Deal Size in $M (per Stage) in RetailTech; 2012-2018
Median Deal Size and Trend
Note: Excludes funding information of Chinese companies. *Graph not to scale
Median Deal Size and Range
$3.3K* $7M
$20K $40M
$641K $130M
$750K $200M
$18M
$10M
$4.3M
$500K
Series C+
Series B
Series A
Seed
Stage
$6.1
$10.5
$16.4
$9.9
$14.4
$10.9
$21.6
$43.1
$21.2
$35.5 $30.9 $27.8 $33.8
$56.8
$6.1 $7.0
$4.5 $4.5 $4.6
$5.7
$7.2
32. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Note: 472 companies with undisclosed funding amount are not included
32
<$1M
$1-10M
$10-50M
$50-100M
$100M+
Funding Range
172
256
131
14
20
No. of Companies
RetailTech > Investment Trends > Distribution of companies by Funding Range
No. of companies by funding range in RetailTech; as of Mar 2019
Distribution of companies by Funding Range
$56M
$920M
$3.1B
$890M
$3.7B
$ Investment
33. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Stage No. of Companies
Funding
Funnel
100%
34%
12%
5%
3%
33
Note: Numbers in the brackets show the count of companies
Time to raise
next round
80
163
352
1020
3027
Series C+
Series B
Series A
Funded
Founded
Next
Round
100M+
Valuation
Exits
Acqui-
Hired
Dead
Pooled
Others
34% 3%
(97)
2%
(66)
0%
(2)
13%
(379)
54%
(1626)
35% 9%
(87)
5%
(56)
- 10%
(99)
56%
(569)
46% 15%
(54)
6%
(21)
- 4%
(14)
50%
(175)
49% 31%
(51)
11%
(18)
- 4%
(7)
47%
(76)
- 46%
(37)
15%
(12)
- 3%
(2)
35%
(28)
RetailTech > Investment Trends > Funding Funnel
Number of companies progressing to subsequent funding stages in RetailTech
Funding Funnel
18 Months
19 Months
23 Months
Investment backedBootstrapped
43
5
158
38
74
4
Soonicorns
Unicorns
Acquisitions
IPOs
34. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201934
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
RetailTech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in RetailTech; Mar 2017-Mar 2019
Notable Investments in last 24 months (1/8)
LATE STAGE
$200M - Series D Jan 2019
Fractal Analytics (2000, San Mateo, $325M)
Predictive and advanced Big Data analytics
Apax Partners
$166M - Series D Oct 2017
Lightspeed POS (2005, Montreal, $292M)
SaaS based Retail Management Software and
eCommerce platform
Caisse de depot et placement du Quebec, Invest
Quebec, Inovia Capital, Silicon Valley Bank
$125M - Series E Jul 2018
Trax (2010, Tel Aviv, $290M)
Image recognition software
Boyu Capital
$125M - Series C May 2018
Pine labs (1998, Noida, $227M)
POS software solutions for offline retailers and
brands
Temasek, PayPal
LATE STAGE
$100M - Series C Nov 2018
Poynt (2013, Calgary, $135M)
POS software and hardware solutions for offline
retailers
Elavon, National Australia Bank
$75M - Series E Jul 2018
Optoro (2010, Washington D.C., $200M)
Asset recovery solutions
Revolution, Generation Investment Management,
Franklin Templeton Investments, Grotech Ventures,
United Parcel Service
$65M - Series E Dec 2018
ShopKeep (2008, New York City, $162M)
PoS software provider for retailers
Tribeca Venture Partners, First Data, Salesforce
$64M - Series D Jun 2017
Trax (2010, Tel Aviv, $290M)
Image recognition software
Warburg Pincus
LATE STAGE
$58.6M - Series C Jan 2018
True Fit (2005, Woburn, $105M)
AI-based fitting solutions for fashion retailers
Georgian Partners, Jump Capital, Signal Peak, Intel
Capital, Cross Creek Advisors
$31.9M - Series D Jun 2017
Mswipe (2009, Mumbai, $105M)
Mobile-based POS payment solution provider
Matrix Partners India, DSG Consumer Partners, B
Capital Group, Falcon Edge Capital
$31.5M - Series E Mar 2019
Mswipe (2009, Mumbai, $105M)
Mobile-based POS payment solution provider
B Capital Group, DSG Consumer Partners, Epiq
Capital Advisors, Falcon Edge Capital
$21M - Series C Dec 2017
Label Insight (2008, Chicago, $34.3M)
Technology to transform basic product data into
smart attributes
Delta-v Capital, River Cities Capital Funds
35. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201935
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
RetailTech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in RetailTech; Mar 2017-Mar 2019
Notable Investments in last 24 months (2/8)
LATE STAGE
$20.8M - Series C Jan 2019
Revel Systems (2010, San Francisco, $153M)
iPad-based restaurant management solution
$20M - Series C Feb 2018
Capillary Tech (2008, Bangalore, $100M)
Omnichannel engagement and commerce platform
for businesses
Warburg Pincus, Sequoia Capital
$18M - Series E Jul 2018
GroundTruth (2009, New York City, $147M)
Location analytics platform for audience targeting
SoftBank Group, Microsoft
$17.8M - Series D Apr 2018
Trax (2010, Tel Aviv, $290M)
Image recognition software
$15M - Series C Dec 2018
Celect (2013, Boston, $30.1M)
Cloud-based predictive analytics platform for
retailers
NGP Capital, Fung Capital USA, Activant Capital,
August Capital
LATE STAGE
$10.5M - Series C Nov 2017
BeMyEye (2011, Milano, $20.6M)
Data gathering platform by utilizing the crowd
source
Nauta Capital, P101, 360 Capital Partners, Fondo
Italiano d'Investimento
$10M - Series D Dec 2017
Mswipe (2009, Mumbai, $105M)
Mobile-based POS payment solution provider
B Capital Group, DSG Consumer Partners
$5.3M - Series C Jul 2018
Revel Systems (2010, San Francisco, $153M)
iPad-based restaurant management solution
Series D Aug 2018
Mswipe (2009, Mumbai, $105M)
Mobile-based POS payment solution provider
Epiq Capital Advisors
LATE STAGE
Series C Oct 2018
Capillary Tech (2008, Bangalore, $100M)
Omnichannel engagement and commerce platform
for businesses
Warburg Pincus
Series C Feb 2019
Engage3 (2008, San Francisco, $17.2M)
SaaS-based price optimization solution
Wells Fargo
36. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201936
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
RetailTech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in RetailTech; Mar 2017-Mar 2019
Notable Investments in last 24 months (3/8)
EARLY STAGE
$82M - Series B Mar 2018
Pine labs (1998, Noida, $227M)
POS software solutions for offline retailers and
brands
Actis, Altimeter Capital
$40M - Series A Nov 2018
Standard Cognition (2017, San Francisco,
$51.2M)
AI-based automated checkout software solutions for
offline retailers
Initialized Capital, Y Combinator, Draper Associates,
Charles River Ventures
$39.7M - Series B Aug 2017
Tulip (2013, Toronto, $42.1M)
Comprehensive software solutions for offline
retailers
Jump Capital, Kleiner Perkins
EARLY STAGE
$37M - Series B Jan 2018
Rubikloud (2013, Toronto, $45M)
BigData intelligence for retailers
Intel Capital, Inovia Capital, OpenText Enterprise
Apps Fund, Horizons Ventures, Access Industries
$32.8M - Series B May 2018
Cuebiq (2016, New York City, $36.3M)
Business intelligence company based on machine
learning
Nasdaq, DRW Venture Capital, Tribeca Venture
Partners, Tribeca Angels, TLcom Capital Partners,
Goldman Sachs Investment Partners
$30M - Series B Oct 2018
Yoyowallet (2013, London, $61.5M)
QR code based mobile payment service provider &
consumer behavior analysis
Hard Yaka
$30M - Series B Jul 2018
Scandit (2009, Zurich, $43M)
Bar-code scanning and data capture
GV, NGP Capital, Atomico
EARLY STAGE
$29M - Series B Jun 2018
Bossa Nova Robotics (2005, Pittsburgh,
$70.7M)
Develops robots for retail stores
LG, Cota Capital, Walden International
$27.5M - Series B Jan 2019
Warung Pintar (2017, Jakarta, $35.5M)
Smart retail store solution provider
Vertex Ventures, Pavilion Capital Partners, LINE
Ventures, Digital Garage, Jerry Ng, Agaeti Venture
Capital, Triputra Group, OVO, SMDV
$25M - Series B Jun 2018
Yoobic (2014, London, $30.3M)
Platform of crowdsourced shoppers who helps
retailers to get visibility in their in-store execution
Insight Venture Partners, Felix Capital
37. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201937
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
RetailTech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in RetailTech; Mar 2017-Mar 2019
Notable Investments in last 24 months (4/8)
EARLY STAGE
$24M - Series B Sep 2018
Moka (2014, Jakarta, $27.9M)
mPOS software and hardware solutions for offline
retailers
Sequoia Capital, SoftBank Ventures Korea, EDBI,
Sinar Mas, Fenox Venture Capital, Yahoo Japan,
Convergence Ventures, Mandiri Capital Indonesia,
East Ventures
$23.1M - Series A Oct 2018
Vectaury (2014, Paris, $24.4M)
Location-based programmatic advertising platform
Jolt Capital
$22M - Series B Mar 2019
Zinier (2014, Palo Alto, $30M)
Cloud-based platform that helps businesses to track
and manage field operations
Accel Partners, Qualcomm Ventures, NGP Capital,
Founders Fund, Newfund
EARLY STAGE
$21.5M - Series B Nov 2017
GoSpotCheck (2011, Denver, $47.5M)
Mobile data collection
Insight Venture Partners, Point Nine Capital
$20M - Series A Apr 2018
SpotOn (2010, San Rafael, $25M)
Loyalty program through app
$18.9M - Series B Jun 2018
b8ta (2015, San Francisco, $42.6M)
Smart retail store that showcases and sells IoT and
smart gadgets
Macy, Sound Ventures, Palm Drive Capital,
CapitaLand, Plug and Play Tech Center, Graphene
Ventures, Khosla Ventures
$18.6M - Series B Jul 2017
Innoviti (2002, Bangalore, $26.8M)
POS payment processing solution provider
SBI Ven Capital, Bessemer Venture Partners,
Catamaran
EARLY STAGE
$18.1M - Series A Jan 2019
Grabango (2012, Berkeley, $18.1M)
Computer vision for Retail
Propel Venture Partners, Ridge Ventures, Abstract
Ventures, Commerce Ventures, Founders Fund
$17.5M - Series B Nov 2017
Bossa Nova Robotics (2005, Pittsburgh,
$70.7M)
Develops robots for retail stores
Intel Capital, Cota Capital, Paxion, Walden
Riverwood Ventures, Lucas Venture Group
$17.1M - Series B Jul 2017
Gastrofix (2011, Berlin, $29.7M)
Mobile point of sale software provider.
Radeberger Gruppe, Endeit Capital
$17M - Series A Apr 2018
Green Bits (2014, San Jose, $19.3M)
iPad-based POS checkout system designed for
marijuana retailers
Tiger Global Management, Casa Verde Capital
38. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201938
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
RetailTech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in RetailTech; Mar 2017-Mar 2019
Notable Investments in last 24 months (5/8)
EARLY STAGE
$16.3M - Series A Jan 2019
Solink (2009, Ottawa, $21.3M)
Video analysis solution to simplify loss prevention
and security
Valor Equity Partners, Generation Ventures, Scale
UP Ventures, BDC
$16M - Series B Sep 2018
Yoco Technologies (2012, Cape Town, $17.7M)
mPOS service provider with card reader and app
Orange, FMO, Accion, Velocity Capital Private Equity,
Futuregrowth, Quona Capital, Partech
$15.3M - Series B Jun 2017
Yoyowallet (2013, London, $61.5M)
QR code based mobile payment service provider &
consumer behavior analysis
METRO GROUP, Woodford Investment Management,
Touchstone Innovations
$12M - Series B Jul 2017
Engage3 (2008, San Francisco, $17.2M)
SaaS-based price optimization solution
Pereg Ventures, Moneta Ventures, Dale Carlsen
EARLY STAGE
$12M - Series A May 2018
Alloy (2015, San Francisco, $15.3M)
Cloud-based software for end-to-end supply and
demand visibility
Menlo Ventures, 8VC
$11.5M - Series B Oct 2017
Cloud4Wi (2013, Pisa, $23.5M)
Wi-Fi Engagement platform
Opus Capital, United Ventures
$9.7M - Series B Aug 2017
Fetch Rewards (2013, Boston, $24.1M)
Discount App for groceries shopping
$9.2M - Series B Dec 2017
Shelfbucks (2013, Austin, $22.3M)
Promotion and display platform
$9M - Series A Sep 2018
CloudCherry (2013, Chennai, $16M)
Cloud-based customer engagement platform for
SMBs
Pelion Venture Partners, Cisco Investments, Vertex
Ventures, Chiratae Ventures
EARLY STAGE
$8M - Series A Apr 2018
Zinier (2014, Palo Alto, $30M)
Cloud-based platform that helps businesses to track
and manage field operations
Accel Partners, StartX, Ken Glass, Rohit Bansal,
Kunal Bahl, Newfund
$8M - Series A Feb 2019
Zappi (2013, Cape Town, $8M)
Cloud-based consumer insights platform for
retailers
Cipio Partners, Prime Ventures
$8M - Series B Nov 2018
Fetch Rewards (2013, Boston, $24.1M)
Discount App for groceries shopping
$7M - Series B Jan 2019
Vengo Labs (2012, New York City, $12M)
Point-of-Purchase Digital Engagement
SPINS, Grace Beauty Capital, Kensington Capital
Holdings, Nas , Bill Apfelbaum, Tony Hsieh
39. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201939
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
RetailTech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in RetailTech; Mar 2017-Mar 2019
Notable Investments in last 24 months (6/8)
EARLY STAGE
$6M - Series A Oct 2018
CiValue (2014, Tel Aviv, $8.4M)
Customer Analytics and Personalized
Recommendation platform
Nielsen, Sonae IM
$5.3M - Series A Nov 2017
Yoobic (2014, London, $30.3M)
Platform of crowdsourced shoppers who helps
retailers to get visibility in their in-store execution
Felix Capital
$5M - Series A Nov 2017
Solink (2009, Ottawa, $21.3M)
Video analysis solution to simplify loss prevention
and security
Generation Ventures, Scale UP Ventures, BDC, Valor
Equity Partners
$5M - Series B Jan 2019
Gravy Analytics (2011, Dulles, $28.3M)
Location-based event data provider for offline
retailers
EARLY STAGE
$4.9M - Series B Jul 2017
Clip (2012, Mexico City, $47.7M)
mPoS solution provider
$4.8M - Series A Sep 2017
Localz (2013, Melbourne, $4.9M)
Micro Location Experiences for Enterprise
GeoPost, Notion
$4.7M - Series B Apr 2017
Affinity Solutions (1998, New York City,
$47.9M)
Analytics based marketing solutions for financial
institutions
$4.3M - Series A Oct 2018
Shelf Engine (2015, Seattle, $5.3M)
AI-based solution to automate orders to vendors
based on predictive algorithms
Bain Capital Ventures, Foundation Capital, Liquid 2
Ventures, Initialized Capital
EARLY STAGE
$4M - Series A Sep 2017
Wizer Feedback (2013, Tel Aviv, $5.5M)
AI based Market Research Company
State of Mind Ventures, Nielsen Innovate Fund
$3.6M - Series B Jan 2019
b8ta (2015, San Francisco, $42.6M)
Smart retail store that showcases and sells IoT and
smart gadgets
$3.3M - Series A Sep 2018
Flowhub (2014, Denver, $8.7M)
POS for the cannabis industry
Altitude Investment Management
$3.3M - Series A Apr 2017
Flowhub (2014, Denver, $8.7M)
POS for the cannabis industry
Green Lion Partners, Phyto Partners
$3.2M - Series A Jun 2017
Payswiff (2013, Hyderabad, $8.2M)
POS and mPOS solutions
Yadu
40. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201940
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
RetailTech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in RetailTech; Mar 2017-Mar 2019
Notable Investments in last 24 months (7/8)
EARLY STAGE
$2.2M - Series A Aug 2017
Green Bits (2014, San Jose, $19.3M)
iPad-based POS checkout system designed for
marijuana retailers
Casa Verde Capital
$2.1M - Series B Feb 2018
Marxent (2011, Dayton, $16.1M)
AR & VR solutions for Visual Commerce
$2.1M - Series B Dec 2017
Peel-Works (2010, Mumbai, $6.1M)
Real time order management & extended salesforce
management
Unilever Ventures, Inventus Capital Partners, Ashvin
Chadha, Chiratae Ventures
$1.9M - Series B Mar 2017
Vinculum Solutions (2007, Noida, $12.7M)
Cloud-based end-to-end logistics and supply chain
solutions provider
IvyCap Ventures, Accel Partners, RB Investments
EARLY STAGE
$1.8M - Series A Nov 2017
Payswiff (2013, Hyderabad, $8.2M)
POS and mPOS solutions
True Global Ventures
$1.6M - Series B Nov 2017
Gravy Analytics (2011, Dulles, $28.3M)
Location-based event data provider for offline
retailers
$1.6M - Series B Jun 2018
Shelfbucks (2013, Austin, $22.3M)
Promotion and display platform
$1.6M - Series B Jul 2017
Clip (2012, Mexico City, $47.7M)
mPoS solution provider
$925k - Series B Dec 2018
Shelfbucks (2013, Austin, $22.3M)
Promotion and display platform
EARLY STAGE
$876k - Series B Mar 2018
Vinculum Solutions (2007, Noida, $12.7M)
Cloud-based end-to-end logistics and supply chain
solutions provider
Alteria Capital, IvyCap Ventures
$250k - Series A Jul 2018
Pulsate (2013, Dublin, $3M)
Marketing platform using beacon
PayPal, Dunnhumby, Delta Partners, Enterprise
Ireland
Series A May 2017
Cuebiq (2016, New York City, $36.3M)
Business intelligence company based on machine
learning
Balyasny Asset Management, Elevate Innovation
Partners
41. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201941
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
RetailTech > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in RetailTech; Mar 2017-Mar 2019
Notable Investments in last 24 months (8/8)
SEED STAGE
$4M - Seed Aug 2018
Warung Pintar (2017, Jakarta, $35.5M)
Smart retail store solution provider
Vertex Ventures, Pavilion Capital Partners, LINE
Ventures
$4M - Seed Feb 2018
Warung Pintar (2017, Jakarta, $35.5M)
Smart retail store solution provider
SMDV, Digital Garage, East Ventures, Insignia
Ventures Partners, Triputra Group
$1.5M - Seed May 2018
Lifesight (2017, Singapore, $1.5M)
AI-enabled location intelligence platform for offline
retailers
Provident Capital Partners
$369k - Angel Mar 2018
Nukkad Shops (2015, Hyderabad, $369k)
Technology partner to small and medium size
retailer
Vivek Mallandi, Vikram Mallandi, Nilesh Dave,
Srikanth Muppidi, Jasvinder Mangat
SEED STAGE
$150k - Seed Oct 2018
Shelf Engine (2015, Seattle, $5.3M)
AI-based solution to automate orders to vendors
based on predictive algorithms
Y Combinator
Seed Sep 2018
Warung Pintar (2017, Jakarta, $35.5M)
Smart retail store solution provider
Agaeti Venture Capital
Seed Mar 2018
Alloy (2015, San Francisco, $15.3M)
Cloud-based software for end-to-end supply and
demand visibility
Menlo Ventures
42. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201942
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
RetailTech > Investment Trends > Notable Investments in last 24 months in China
Major funding rounds by Stage in RetailTech; Mar 2017-Mar 2019
Notable Investments in last 24 months in China
LATE STAGE
$110M - Series C Aug 2018
Duiba (2014, Hangzhou, $115M)
Mobile app which integrates with online retail apps
Orchid Asia Group, TPG
$4.1M - Series C Apr 2017
QFPay (2012, Beijing, $49.5M)
mPOS solution in China.
Sifang Jingchuang
Series C Jan 2019
SUNMI (2013, Shanghai, $61.4M)
Android PoS suite provider for merchants
Ant Financial
Series C Aug 2017
SUNMI (2013, Shanghai, $61.4M)
Android PoS suite provider for merchants
EARLY STAGE
$80M - Series B Jan 2018
BingoBox (2017, Zhongshan, $94.8M)
Solutions for smart stores
Prometheus Capital, Qiming Venture Partners, GGV
Capital, Ventech China, Fosun
$58.9M - Series A Jan 2019
AInnovation (2018, Haidian, $75.6M)
AI-based smart retail store solution for offline
retailers
Sinovation Ventures, Chengwei Capital, CICC ALPHA
$33.1M - Series B Nov 2017
Malong Technologies (2014, Shenzhen, $44M)
Develops a product tagging and search engine for
online and offline retailers
SB China Capital
$29.2M - Series B Sep 2018
Ushopal (2017, Shanghai, $29.2M)
CRM for local store owners
YOUNGOR, Cathay Innovation
EARLY STAGE
$15M - Series A Sep 2017
Magic Box Citybox (2016, Shanghai, $15M)
Smart vending machines for offline retailers
GGV Capital, Yunqi Partners, Blue Lake Capital,
ZhenFund
$14.8M - Series A Jul 2017
BingoBox (2017, Zhongshan, $94.8M)
Solutions for smart stores
GGV Capital
$11.6M - Series B May 2017
Shanghai Dianda Information Technology
(2014, Shanghai, $19.6M)
Retail technology solutions provider
Shunwei Capital, Kongzhong, DT Capital Partners,
five-star capital
$11M - Series A Mar 2019
Yo-Ren (2011, Shanghai, $11.9M)
CRM and EPR for retail stores
Lawson, T
43. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Most Active Investors (VC, PE) by Stage in RetailTech; Last 5 years (Mar 2014-Mar 2019)
Most Active VC & PE Investors
43
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
RetailTech > Investment Trends > Most Active VC & PE Investors
SEED STAGE
Right Side Capital Management(7
Investments)
Obsess, PopCom, ShopTurn
1
Nauta Capital (3 Investments)
MishiPay, Nextail, Geoblink
2
Wavemaker Partners (3 Investments)
Field Day, Moka, ZAPtag
3
Otimo Retail (3 Investments)
Thirdshelf, Trendalytics, StoreForce
4
MaRS IAF (2 Investments)
Aislelabs, Askuity
5
East Ventures(2 Investments)
Warung Pintar, Moka
6
Inovia Capital(2 Investments)
Nexosis, Thirdshelf
7
Vertex Ventures(2 Investments)
Warung Pintar, Dor
8
Menlo Ventures (2 Investments)
Alloy, Percolata
9
Lerer Hippeau Ventures(2 Investments)
LeafLink, Datasnap
10
EARLY STAGE
Intel Capital (4 Investments)
Bossa Nova Robotics, Chargifi, True Fit
1
Sonae IM (4 Investments)
CiValue, Nextail, Movvo
2
Sequoia Capital (3 Investments)
Moka, Thanx, C-B4
3
Khosla Ventures(3 Investments)
b8ta, Avametric, Theatro
4
Vertex Ventures(3 Investments)
Ace Turtle Services, CloudCherry, StoreHub
5
NGP Capital (3 Investments)
Zinier, Gigwalk, Scandit
6
Matrix Partners (2 Investments)
PayRange, Poynt
7
Nauta Capital (2 Investments)
Mercaux, BeMyEye
8
Cisco Investments(2 Investments)
CloudCherry, Videonetics
9
Inventus Capital Partners (2 Investments)
IntelliVision, Peel-Works
10
LATE STAGE
Warburg Pincus (3 Investments)
Trax, Blue Yonder, Capillary Tech
1
Activant Capital (2 Investments)
RetailNext, ShopKeep
2
Temasek(2 Investments)
ManthanRetail, Pine labs
3
Intel Capital
InContext Solutions
4
Kleiner Perkins
Optoro
5
NGP Capital
Celect
6
American Express Ventures
RetailNext
7
IVP
GroundTruth
8
Welsh Carson Anderson Stowe
Revel Systems
9
B Capital Group
Mswipe
10
44. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201944
RetailTech > Investment Trends > Most Active Ecosystem Investors
Top Ecosystem Investors in RetailTech; Last 5 years (Mar 2014-Mar 2019)
Most Active Ecosystem Investors
INCUBATOR/ACCELERATOR
Plug and Play Tech Center(56
Investments)
Standard Cognition, Von Bismark, City Vision
1
Techstars(25 Investments)
PopCom, ShopTurn, Sprucebot
2
500 Startups(17 Investments)
Digital Mortar, Rover Labs, Mall IQ
3
Y Combinator(13 Investments)
Standard Cognition, Shelf Engine, Focal systems
4
MassChallenge(12 Investments)
ShelfWise, Intello Labs, Kuona
5
Wayra(10 Investments)
Airtime Rewards, Heatmaper, RocketPin
6
Startupbootcamp(9 Investments)
RCPTS, Buck.ai, KlippaCast
7
Alchemist Accelerator(7 Investments)
Torchfi, Nobal Technologies, Proxloop
8
Collider(5 Investments)
Aura Vision Labs, Findur, scoopretail.com
9
FF Venture Capital(4 Investments)
Skip, Staffly, Offer IQ
10
OTHER NOTABLE INVESTORS
TriplePoint Capital(7 Investments)
Euclid, b8ta, ZoomSystems
1
Goldman Sachs(4 Investments)
iControl Data Solutions, nanoPay, Revionics
2
Kima Ventures(4 Investments)
Vectaury, Mobi rider, SimpliField
3
Dunnhumby(3 Investments)
Label Insight, Askuity, Pulsate
4
Keiretsu Forum (3 Investments)
Vispera, Livewire Digital, Keonn
5
BDC(3 Investments)
Rover Labs, Nudge Rewards, Solink
6
Enterprise Ireland(3 Investments)
Real World Analytics, Brandyfloss, Pulsate
7
Telefonica(3 Investments)
Yoyowallet, Deicom Technologies, relEYEble
8
Bpifrance(3 Investments)
Vectaury, Innersense, Vekia
9
Square 1 Bank(3 Investments)
Revionics, ShopKeep, Optoro
10
DEBT INVESTORS
InnoVen Capital(6 Investments)
Ace Turtle Services, ManthanRetail, CloudCherry
1
Silicon Valley Bank(3 Investments)
Lightspeed POS, Cardflight, Square
2
Eastward Capital Partners(3 Investments)
PayRange, talech, Nomi
3
Trinity Capital Investment(3 Investments)
InfoScout, Brickstream, Nomi
4
NXT Ventures(3 Investments)
Netra, SocialSign.in, Mobee
5
Hercules Capital(2 Investments)
Lightspeed POS, CashStar
6
The FSE Group(2 Investments)
Yocuda, i-Abra
7
Ardian
Externis Group
8
Berlin Technologie Holding
Minodes
9
The Carlyle Group
Nielsen
10
45. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201945
RetailTech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (1/6)
46. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201946
RetailTech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (2/6)
47. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201947
RetailTech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (3/6)
48. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201948
RetailTech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (4/6)
49. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201949
RetailTech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (5/6)
50. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201950
RetailTech > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (6/6)
51. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201951
RetailTech > Investment Trends > Unicorn Investors in the Sector
Unicorn Investors in the Sector
52. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
52
BlueBox
Key Sub Sectors
Detailed Sector Taxonomy
Top Markets of Investment Activity
Top Markets of Early Stage Investors
Other Notable Markets
Market Deep Dive
53. Some more Sector Reports you might want to check out
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Feb 2019
Events Tech
Feb 2019
Robotic Process Automation
Feb 2019
54. * Upcoming Business Model
Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.
FACTSHEET
Funding data excludes Debt, Grants & Post-IPO rounds.
Excludes all details for Chinese companies.
Feed Report - RetailTech - Mar 2019
Marketmap: Retail Tech
54
RetailTech > Market Details > BlueBox
55. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Key Sub Sectors (1/2)
55
Key Sub Sectors in RetailTech
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
Payments
Companies that offer solutions which enable offline retailers to accept cashless transactions
Square (2009, San Francisco, Public)
Lightspeed POS (2005, Montreal, $292M)
781 185 $2.9B
Analytics
Companies that offer analytics solutions for retailers and brands to analyze customer activity
Nepa (2006, Stockholm, Public)
Fractal Analytics (2000, San Mateo, $325M)
509 240 $2.4B
Customer Engagement
Companies that offer in-store customer engagement solutions for enhancing customer
experience
CashStar (2007, Portland, Acquired)
True Fit (2005, Woburn, $105M)
603 237 $1.1B
Back Office
Companies that offer solutions pertaining to back office retail operations and execution
TAGSYS RFID (2001, King Of Prussia,
Acquired)
Optoro (2010, Washington D.C., $200M)
291 92 $796M
Monitoring
Companies that offer solutions to monitor in-store activity for enhanced performance,
security, etc.
3VR (2002, San Francisco, Acquired)
Iverify (2002, Charlotte, $52.3M)
113 57 $399M
Marketing
Companies that offer solutions for promoting and selling products through in-store or
proximity solutions/technologies
MaxPoint (2007, Morrisville, Acquired)
Swirl Networks (2011, Boston, $32M)
388 123 $358M
Store Automation
Companies that offer solutions to automate in-store retail operations
W5 Networks (2005, Fremont, Acquired)
Bossa Nova Robotics (2005, Pittsburgh,
$70.7M)
34 15 $245M
Accessories
Companies that develop and provide smart accessories for store owners
ZoomSystems (2002, San Francisco,
Acquired)
Enfore (2009, Berlin, $38M)
59 26 $176M
RetailTech > Market Details > Key Sub Sectors
56. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Key Sub Sectors (2/2)
56
Key Sub Sectors in RetailTech
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
Omnichannel Solutions
Companies that develop omnichannel solutions for retailers
b8ta (2015, San Francisco, $42.6M)
WithMe (2016, Las Vegas, $38.8M)
15 7 $147M
Suite
Companies that offer end-to-end technology solutions for complete retail store operation
Index (2012, San Francisco, Acquired)
Rubikloud (2013, Toronto, $45M)
224 31 $146M
RetailTech > Market Details > Key Sub Sectors
57. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Detailed Sector Taxonomy (1/10)
57
RetailTech > Market Details > Detailed Sector Taxonomy
58. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Detailed Sector Taxonomy (2/10)
58
RetailTech > Market Details > Detailed Sector Taxonomy
59. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Detailed Sector Taxonomy (3/10)
59
RetailTech > Market Details > Detailed Sector Taxonomy
60. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Detailed Sector Taxonomy (4/10)
60
RetailTech > Market Details > Detailed Sector Taxonomy
61. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Detailed Sector Taxonomy (5/10)
61
RetailTech > Market Details > Detailed Sector Taxonomy
62. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Detailed Sector Taxonomy (6/10)
62
RetailTech > Market Details > Detailed Sector Taxonomy
63. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Detailed Sector Taxonomy (7/10)
63
RetailTech > Market Details > Detailed Sector Taxonomy
64. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Detailed Sector Taxonomy (8/10)
64
RetailTech > Market Details > Detailed Sector Taxonomy
65. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Detailed Sector Taxonomy (9/10)
65
RetailTech > Market Details > Detailed Sector Taxonomy
66. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Detailed Sector Taxonomy (10/10)
66
RetailTech > Market Details > Detailed Sector Taxonomy
67. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Rank Market
Last 2 Years
$ Invested # Round Top Funded Company
1
(-)
Payments > POS > mPOS > Software
Companies providing mPOS software solutions
(Companies covered 282 | Funded 68 | Total Funding $886M)
$303M
(+$56.8M)
18
(-5)
Lightspeed POS
(2005, Montreal, $292M)
2
(-)
Payments > POS > mPOS > Software + Hardware
Companies providing mPOS software and hardware solutions
(Companies covered 78 | Funded 35 | Total Funding $841M)
$133M
(+$39.2M)
15
(-4)
Mswipe
(2009, Mumbai, $105M)
3
(+6)
Payments > POS > Traditional POS Software
Companies providing traditional POS software solutions and systems
(Companies covered 259 | Funded 35 | Total Funding $663M)
$249M
(+$220M)
8
(-1)
Pine labs
(1998, Noida, $227M)
4
(+1)
Analytics > Market Intelligence
Companies that offer information relevant to a retailer's/brand's potential/operating markets,
gathered and analyzed specifically for the purpose of determining strategy in br…
(Companies covered 57 | Funded 38 | Total Funding $561M)
$216M
(+$78.9M)
7
(-4)
Fractal Analytics
(2000, San Mateo, $325M)
5
(-2)
Analytics > Market Intelligence > Location Intelligence
Companies that offer market intelligence to derive geographic insights
(Companies covered 29 | Funded 15 | Total Funding $268M)
$69.2M
(-$27.9M)
8
(-5)
Vectaury
(2014, Paris, $24.4M)
6
(+2)
Monitoring > Store Audits > Crowdsourced
Companies that offer solutions for crowdsourced (shoppers) store audits
(Companies covered 33 | Funded 21 | Total Funding $144M)
$42.8M
(-$836k)
8
(-1)
Yoobic
(2014, London, $30.3M)
7
(-3)
Analytics > In-Store > Sensor-based > Video & Image Analytics
Companies that offer in-store analytics by taking data from CCTVs or cameras placed around the stores
(Companies covered 62 | Funded 28 | Total Funding $335M)
$207M
(+$144M)
5
(-9)
Trax
(2010, Tel Aviv, $290M)
67
Note: The numbers in the bracket represent the change in a 2 year period.
Top Markets of Investment Activity (1/3)
Top Markets by Funding in RetailTech in last 2 years (March 2017 - February 2019)
RetailTech > Market Details > Top Markets of Investment Activity
68. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201968
Top Markets of Investment Activity (2/3)
RetailTech > Market Details > Top Markets of Investment Activity
69. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201969
Top Markets of Investment Activity (3/3)
RetailTech > Market Details > Top Markets of Investment Activity
70. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Rank Market # Investments Key Investments
1
Back Office > HRTech > WorkForce Management
Companies that offer solutions for managing, monitoring, and analyzing workforce
(Companies created 31 | Funded 15 | Total Funding $92.1M )
2 Zinier (2014, Palo Alto, $30M)
2
Suite
Companies that offer end-to-end technology solutions for complete retail store operation
(Companies created 224 | Funded 31 | Total Funding $146M )
1 Rubikloud (2013, Toronto, $45M)
3
Payments > POS > mPOS > Software + Hardware
Companies providing mPOS software and hardware solutions
(Companies created 78 | Funded 35 | Total Funding $841M )
1 Moka (2014, Jakarta, $27.9M)
4
Payments > POS > Traditional POS Software
Companies providing traditional POS software solutions and systems
(Companies created 259 | Funded 35 | Total Funding $663M )
1 Innoviti (2002, Bangalore, $26.8M)
5
Smart Concept Stores
Companies that operate fully automated stores using technology such as computer vision
(Companies created 10 | Funded 7 | Total Funding $29.1M )
1 Grabango (2012, Berkeley, $18.1M)
6
Store Automation > Robotics
Companies that offer in-store robotics solutions to automate retail activities and engage customers
(Companies created 8 | Funded 4 | Total Funding $72.4M )
1 Bossa Nova Robotics (2005, Pittsburgh,
$70.7M)
Note: Investors considered - Sequoia Capital, Accel Partners, Andreessen Horowitz, NEA, Greylock Partners, General Catalyst Partners, Benchmark Capital, KPCB, Khosla Ventures, Redpoint Ventures, Founders Fund, SV Angel, Index Ventures, Bessemer
Venture Partners, Lightspeed Venture Partners, Venrock, Draper Fisher Jurvetson, Institutional Venture Partners, Intel Capital, Battery Ventures
70
Top Markets of Early Stage Investors (1/2)
Top Markets where Early Stage Investors are investing in last 2 years (March 2017 - February 2019)
RetailTech > Market Details > Top Markets of Early Stage Investors
71. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201971
Top Markets of Early Stage Investors (2/2)
RetailTech > Market Details > Top Markets of Early Stage Investors
72. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Incubators 500 Startups (#2), Amplifi Asia (#1)
Seed Right Side Capital Management (#1), Keiretsu Forum (#1)
Series A/B Tiger Global Management (#1), Accel Partners (#1)
Series C+ Silicon Valley Bank (#1), Activant Capital (#1)
Sumareji Feb - 2019
IPO'd on TYO
UniteU Jan - 2019
Acq by Vtex.com
Humble Software Nov - 2018
Acq by SureSwipe
Prolific Business Solutions
Sep - 2018
Acq by Talus Pay
Zopper Retail Jul - 2018
Acq by PhonePe
$20.8M - Series C
Revel Systems (2010, San Francisco,
$153M)
$65M - Series E
ShopKeep (2008, New York City,
$162M)
$300k - Seed
KudiGo (2017, Accra, $300k)
$400k - Seed
Springboard Retail (2013, Boston,
$1.1M)
$656k - Seed
Swoopos (2015, Birmingham, $2.6M)
$1.5M - Seed
Swoopos (2015, Birmingham, $2.6M)
Mar 2019
PayRange Achieves 100 Million Mobile Transaction
Milestone, Vending Times
Mar 2019
Canadian tech unicorn Lightspeed stock jumps 25% after
TSX IPO, Top Actu
Mar 2019
Squirrel Systems Announces Next Generation Hospitality
POS Terminals at MURTEC 2019., PR Newswire
Mar 2019 Lightspeed Announces Pricing of Initial Public Offering, CNW
Mar 2019
CardFlight adds invoice generator to SwipeSimple app,
Finextra
Feb 2019
ShopKeep Receives Bronze 2019 Stevie® Award for
Customer Service Success in Technology Industries, Business
Wire
Feb 2019
Moneris Adds Lightspeed Restaurant to iPad POS Solutions,
Hospitality Tech
Feb 2019
Golden Developing Solutions' Where's Weed Platform Teams
Up with Cannabis Point-of-Sale Resource GreenBits, ADVFN
Feb 2019
More than 50,000 Small Businesses Now Use SwipeSimple to
Easily Accept Electronic Payments, PRWeb
Feb 2019
U.S. merchants can now accept payments in crypto using
Dappos, free of charge – Cryptomorrow – Cryptocurrency,
Bitcoin, Ethereum, CryptoScoop
Feb 2019
Lightspeed POS GOing Public – Files for $200M IPO, Montreal
in Technology
Jan 2019
Revel Systems expands payments capabilities with Worldpay
tie-up, Verdict
Jan 2019
JetPay Joins Forces With CardFlight For New Payment
Acceptance Technology SwipeSimple, Crowdfund Insider
News
24
7
20
68
282
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Payments > POS > mPOS > Software: Market Factsheet
72
Exits
Most Active Investors
Recent InvestmentsCompanies providing mPOS
software solutions
Sumareji
(2011, Osaka)
Lightspeed POS
(2005, Montreal, $292M)
ShopKeep
(2008, New York City, $162M)
Revel Systems
(2010, San Francisco, $153M)
Tyro
(2003, Sydney, $103M)
Top Companies
#1 Top Markets of Investment Activity
RetailTech > Market Details > Market: Software
Companies Created 282 | Funded 68 | Total Funding $886M
0
20
40
$0k
$200M
$400M
2014 2015 2016 2017 2018
Predicted Funding YoY Funding
Rounds Predicted Rounds
YoY Funding and Rounds
Market: Software
73. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201973
Payments > POS > mPOS > Software: Top Companies
RetailTech > Market Details > Market: Software
#1 Top Markets of Investment Activity
Market: Software (1/2)
Analyst’s Pick
Lightspeed POS (2005, Montreal, $292M)
SaaS based Retail Management Software and
eCommerce platform
Soonicorn. Stage: Series D
Caisse de depot et placement du Quebec, Invest
Quebec, Inovia Capital and 5 Other Investors
ShopKeep (2008, New York City, $162M)
PoS software provider for retailers
Soonicorn. Stage: Series E
Tribeca Venture Partners, First Data, Salesforce and
12 Other Investors
Revel Systems (2010, San Francisco, $153M)
iPad-based restaurant management solution
Soonicorn. Stage: Series C
Welsh Carson Anderson Stowe, ROTH Capital,
DreamFunded and 3 Other Investors
Tyro (2003, Sydney, $103M)
EFTPOS system provider
Soonicorn. Stage: Series D
Tiger Global Management, TDM Asset Management,
Mike Cannon Brookes
Analyst’s Pick
Movilway (2010, Madrid, $30M)
Mobile wallet and tablet POS provider in Latin
America
Minicorn. Stage: Series A
Gastrofix (2011, Berlin, $29.7M)
Mobile point of sale software provider.
Minicorn. Stage: Series B
Radeberger Gruppe, Endeit Capital, Entree Capital,
Mujinzo Labs
Green Bits (2014, San Jose, $19.3M)
iPad-based POS checkout system designed for
marijuana retailers
Minicorn. Stage: Series A
Tiger Global Management, Casa Verde Capital
PayRange (2013, Portland, $14.6M)
Mobile payments for vending machines.
Editor's Pick. Stage: Series A
Matrix Partners, GV, Eastward Capital Partners,
Nyca
Analyst’s Pick
Inventorum (2012, Berlin, $5.1M)
Business Management suite
Minicorn. Stage: Series A
Berliner Volksbank Ventures, High Tech Art, Vogel
Communications Group and 3 Other Investors
Springboard Retail (2013, Boston, $1.1M)
Cloud-based mPOS software solutions for offline
retailers
Editor's Pick. Stage: Seed
Lighter Capital
ePaisa (2012, Mumbai, $759k)
POS Software & Payments Solution
Minicorn. Stage: Seed
Aditya Birla Bizlabs
Nukkad Shops (2015, Hyderabad, $369k)
Technology partner to small and medium size
retailer
Minicorn. Stage: Seed
Vivek Mallandi, Vikram Mallandi, Nilesh Dave and 2
Other Investors
74. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201974
Payments > POS > mPOS > Software: Top Companies
RetailTech > Market Details > Market: Software
#1 Top Markets of Investment Activity
Market: Software (2/2)
Analyst’s Pick
DG EPOS (Oberentfelden)
mPOS software solutions for offline retailers
Editor's Pick. Stage: Unfunded
ENVIMO ()
Cloud-based POS and mPOS solution for offline
retailers
Editor's Pick. Stage: Unfunded
iKaaz (2012, Bangalore)
NFC based mPOS
Editor's Pick. Stage: Acquired
PayUp (2015, Abuja)
Mobile point of sale solution.
Editor's Pick. Stage: Unfunded
75. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Note: Overall Rating is a combination of Funding and Team rating, along with Execution, Size and Growth metrics
75
Payments > POS > mPOS > Software: Leaderboard
RetailTech > Market Details > Market: Software
#1 Top Markets of Investment Activity
Better than Market Average
Market: Software
Overall
Rating
Company
Name
Year Location Stage
Funding
($M)
Funding
Rounds
Team
Rating
Execution Quality Size Metrics 6M Growth Metrics
App
Rating
App UI
Web
UI
Social
Followers
Mobile
Downloads
Mobile
Reviews
News
Mentions
Mobile
Reviews
Social
Followers
Δ % Δ %
5.0 Tyro 2003 Sydney Series D $103M 17 5 5 - - 2.9k 3k 33 15 12 57% 147 5%
4.9 PayRange 2013 Portland Series A $14.6M 4 - 4 - - - 750k 18.1k 10 7.2k 65% 24
-
100%
4.4
Revel
Systems
2010
San
Francisco
Series C $153M 9 - 3 - - 6k 14k 64 24 23 56% -9 -
4.4 Cardflight 2013
New York
City
Series A $6.7M 6 - - - - 984 - - 3 - - 13 1%
4.3 Gastrofix 2011 Berlin Series B $29.7M 3 - - - - 450 - - 1 - - 42 10%
4.2
Lightspeed
POS
2005 Montreal Series D $292M 4 - 5 3 3 17.2k 2k 9 50 - - 730 4%
4.2
Erply Retail
POS
2009
New York
City
Series B $4.2M 3 - 3 - - 1.6k 76k 149 3 21 16% 7 -
4.1 ShopKeep 2008
New York
City
Series E $162M 6 - 3 - - 7.5k 8k 82 25 6 8% -35 -
3.9 Movilway 2010 Madrid Series A $30M 1 - 4 - - 2.5k 30k 114 2 33 41% -19 -1%
3.9 Green Bits 2014 San Jose Series A $19.3M 2 - 3 - - 2.3k 780 8 11 1 14% 88 4%
3.6
Nukkad
Shops
2015 Hyderabad Seed $369k 1 - 4 - - 171 30k 231 2 11 5% 22 15%
3.6 Rocketr 2016 Chicago Seed $500k 1 - - - 5 1.7k - - - - - 54 3%
3.6
Intelligent
PoS
2012 Edinburgh Acquired $849k 3 - 3 - - 1.4k 30k 27 1 12 80% 4 -
76. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Incubators Risky Business (#1), Mandiri Capital Indonesia (#1)
Seed East Ventures (#1), DSG Consumer Partners (#1)
Series A/B Sequoia Capital (#2), American Express Ventures (#2)
Series C+ Kleiner Perkins (#1), Tiger Global Management (#1)
Omegasoft Oct - 2018
Acq by PT NFC for $16.8k
MobiSwipe Feb - 2017
Acquired
Square Nov - 2015
IPO'd on NYSE
Loop Feb - 2015
Acq by Samsung
Getnet Apr - 2014
Acq by Santander for $485M
Clover Oct - 2013
Acq by First Data
Aptito May - 2013
Acq by Net Element
$31.5M - Series E
Mswipe (2009, Mumbai, $105M)
$24M - Series B
Moka (2014, Jakarta, $27.9M)
$3.3M - Series A
Flowhub (2014, Denver, $8.7M)
$16M - Series B
Yoco Technologies (2012, Cape
Town, $17.7M)
Series D
Mswipe (2009, Mumbai, $105M)
$4.9M - Series A
Tillhub (2015, Berlin, $7.3M)
Mar 2019
Mobile payment solution startup MSwipe raises Rs 219.8
crore in new funding round, YourStory Media
Mar 2019
Square Capital head: We are leveraging data to extend credit
to small businesses that lack access to traditional loans, CNBC
Mar 2019
Handpoint and Paysafe Partnership Awarded for Global
Omni-Commerce, PR Newswire
Mar 2019
Square's Cash App Doubled Its User Base In 2018,
International Business Times
Feb 2019
Square Records $166 Million in Bitcoin Revenue in 2018,
Finance Magnates
Feb 2019
BTIG repeats "sell" on Square's weak outlook, increased
spending, Seeking Alpha
Feb 2019
Indonesia Digest: Kredivo, Moka pact; InfraDigital seed
round; Migo faces hurdle, Deal Street Asia
Feb 2019
Square Reports $933 Million in Q4 Revenues, Silicon Valley
Daily
Feb 2019
While Community Bankers Bash Square’s Attempt to
Become a Bank, Hope Rises for Fintechs and the ILC
Application Process, Crowdfund Insider
Feb 2019
SumUp obtains ‘multi-channel’ internet business stage
Shoplo says TechCrunch, Gulf Tomorrow
Feb 2019
First Data and Girl Scouts of Greater Atlanta Develop Pilot
Program for Mobile Payments Through a Partnership with
Clover, Business Wire
Feb 2019 Square integrates with MYOB, iTWire
Feb 2019
Square CEO Jack Dorsey Says Bitcoin’s Lightning Is Coming
to Cash App, CryptoScoop
News
10
4
16
35
78
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Payments > POS > mPOS > Software + Hardware: Market Factsheet
76
Exits
Most Active Investors
Recent InvestmentsCompanies providing mPOS
software and hardware solutions
Square
(2009, San Francisco, $516M)
Mswipe
(2009, Mumbai, $105M)
SumUp
(2012, London, $56.1M)
Clip
(2012, Mexico City, $47.7M)
Moka
(2014, Jakarta, $27.9M)
Top Companies
#2 Top Markets of Investment Activity
RetailTech > Market Details > Market: Software + Hardware
Companies Created 78 | Funded 35 | Total Funding $841M
0
10
20
30
$0k
$100M
$200M
$300M
2014 2015 2016 2017 2018
Predicted Funding YoY Funding
Rounds Predicted Rounds
YoY Funding and Rounds
Market: Software + Hardware
77. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201977
Payments > POS > mPOS > Software + Hardware: Top Companies
RetailTech > Market Details > Market: Software + Hardware
#2 Top Markets of Investment Activity
Market: Software + Hardware
Analyst’s Pick
Square (2009, San Francisco, $516M)
Mobile point of sale provider
Unicorn. Stage: Public
Goldman Sachs, Barclays, Citi and 31 Other
Investors
Mswipe (2009, Mumbai, $105M)
Mobile-based POS payment solution provider
Soonicorn. Stage: Series E
B Capital Group, DSG Consumer Partners, Epiq
Capital Advisors and 14 Other Investors
SumUp (2012, London, $56.1M)
mPOS suite to accept card payments for offline
retailers
Minicorn. Stage: Series D
BBVA Ventures, Groupon, American Express
Ventures and 8 Other Investors
Clip (2012, Mexico City, $47.7M)
mPoS solution provider
Minicorn. Stage: Series B
Sierra Ventures, Angel Ventures, Endeavor and 12
Other Investors
Analyst’s Pick
Moka (2014, Jakarta, $27.9M)
mPOS software and hardware solutions for offline
retailers
Minicorn. Stage: Series B
Sequoia Capital, SoftBank Ventures Korea, EDBI
and 8 Other Investors
Yoco Technologies (2012, Cape Town, $17.7M)
mPOS service provider with card reader and app
Minicorn. Stage: Series B
Orange, FMO, Accion and 8 Other Investors
Flowhub (2014, Denver, $8.7M)
POS for the cannabis industry
Minicorn. Stage: Series A
Altitude Investment Management, Green Lion
Partners, Phyto Partners and 2 Other Investors
Mosambee (2012, Mumbai, $3.4M)
EMV enabled comprehensive mPOS system
Editor's Pick. Stage: Series B
Rajasthan Venture Capital Fund, SIDBI Venture
Capital
Analyst’s Pick
Pay1 (2014, Mumbai, $32.7k)
mPOS software solution for offline retailers
Editor's Pick. Stage: Seed
Alakh Naresh Gargiya, Rajiv Sinha, Rajnikant Sinha
and 2 Other Investors
FingPay (2016, Mumbai)
Fingerprint-enabled POS solution for retailers
Editor's Pick. Stage: Seed
ICICI Bank, Catalyst
Getnet (2013, Sao Paulo)
mPOS software and hardware solution for offline
retailers
Editor's Pick. Stage: Acquired
Santander
78. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Note: Overall Rating is a combination of Funding and Team rating, along with Execution, Size and Growth metrics
78
Payments > POS > mPOS > Software + Hardware: Leaderboard
RetailTech > Market Details > Market: Software + Hardware
#2 Top Markets of Investment Activity
Better than Market Average
Market: Software + Hardware
Overall
Rating
Company
Name
Year Location Stage
Funding
($M)
Funding
Rounds
Team
Rating
Execution Quality Size Metrics 6M Growth Metrics
App
Rating
App UI
Web
UI
Social
Followers
Mobile
Downloads
Mobile
Reviews
News
Mentions
Mobile
Reviews
Social
Followers
Δ % Δ %
5.0 Square 2009
San
Francisco
Public $516M 11 - 5 - - 246.5k 30.5M 104.8k 256 56 - 8.4k 4%
4.8 SumUp 2012 London Series D $56.1M 8 - 4 - 4 3.6k 3.1M 15.5k 19 3.9k 34% 648 22%
4.8 Mswipe 2009 Mumbai Series E $105M 9 - 4 - - 1.1k 750k 4.5k 22 1.1k 32% 85 9%
4.6 Clip 2012 Mexico City Series B $47.7M 8 - 4 4 4 3.7k 330k 5.5k 8 4.4k 426% 440 14%
4.6
Yoco
Technologies
2012 Cape Town Series B $17.7M 4 - 4 - - 7.1k 75k 274 10 78 40% 2.1k 42%
4.5 Moka 2014 Jakarta Series B $27.9M 5 4 4 - - 204 303k 1.3k 5 426 49% 52 34%
4.2 Clover 2010
Mountain
View
Acquired $8.8M 2 - 5 - - 1 780k 8.3k 10 1.9k 28% - -
4.1 Mosambee 2012 Mumbai Series B $3.4M 5 - 4 - - 118 330k 1.1k 4 238 29% 12 11%
3.8 Flowhub 2014 Denver Series A $8.7M 4 3 - - - 1.3k - - 2 - - 201 19%
3.2 Ubiregi 2010 Shibuya Seed $262k 4 - - - - 2.3k - - - - - 1.2k 101%
3.1 Getnet 2013 Sao Paulo Acquired - - 5 4 4 3 13.4k 750k 5.8k 2 3.4k 139% -52 -
3.1 Tillhub 2015 Berlin Series A $7.3M 1 - - - - 69 - - - - - 37 116%
3.1 Loop 2012 Burlington Acquired $11.9M 3 - - - - 2.1k - - 3 - - -41 -2%
3.1 talech 2012 Palo Alto Series A $6.6M 1 - - - - - - - 1 - - 42
-
100%
3.0 MobiSwipe 2011 Mumbai Acquired - 2 - - - - 16 - - 5 - - 2 14%
79. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Incubators Y Combinator (#1), Startupbootcamp (#1)
Seed Italian Angels for Growth (#1), Digital Currency Group (#1)
Series A/B Bessemer Venture Partners (#2), Sequoia Capital (#1)
Series C+ Insight Venture Partners (#1), PayPal (#1)
JetPay May - 2011
IPO'd on NASDAQ
POSaBIT Jun - 2018
Acquired
Finnpos Systems Dec - 2017
Acquired
Concardis Jan - 2017
Acq by Bain Capital for $738M
CollectorSolutions Feb - 2016
Acq by JetPay
AJB Software Design Jan - 2016
Acq by Verifone
Element Jul - 2015
Acq by Vantiv
$125M - Series C
Pine labs (1998, Noida, $227M)
$2M - Series A
POSaBIT (2015, Seattle, $6.5M)
$2.9M - Series A
POSaBIT (2015, Seattle, $6.5M)
Series A
Cow Hills Retail (2005, Maarn)
$82M - Series B
Pine labs (1998, Noida, $227M)
$16.9M - Series A
H3 Financial Services (2014, Irvine,
$16.9M)
Mar 2019
Innoviti Ties-Up Rs. 80 Cr. Through Innovative Debt
Instruments to Expand its Rapidly Growing Business, PR
Newswire
Mar 2019
MySizeID technology available for online retailers,
Fibre2Fashion
Mar 2019
Multichannel Retail Software Market 2019-2025 Major Key
Players: Sanderson, Sparkstone, Brightpearl, BigCommerce,
SellerActive, StoreFeeder and More, Digital Journal
Mar 2019 USAT Receives Nasdaq Delisting Notification, Vending Times
Mar 2019
Concardis supplies payment solution for the new Destination
Zermatt app, Financial IT
Feb 2019
Pine Labs is in talks to buy Qwikcilver for over $100 m,
Indiatimes
Feb 2019
Clientron to Exhibit Its Latest Embedded Computing
Solutions at Embedded World 2019, Business Wire
Feb 2019
Shopify’s Weak Revenue Guidance Overshadows Its Q4
Results, Market Realist
Feb 2019
Shopify Earnings Seen Getting Boost From Holiday Season E-
Commerce, Investor's Business Daily
Feb 2019
SERVER BOOK™ Announces New Designs, New Website for
First Quarter of 2019, PRWeb
Feb 2019 USA Technologies -6.6% on downgrade, Seeking Alpha
Feb 2019
Shopify, 11 Honoré bring QR-code shopping to New York
Fashion Week, MobileMarketer
Feb 2019
Oxigen, ePayLater join hands for ‘Buy Now, Pay Later’
services, Business Line
News
22
4
13
35
259
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Payments > POS > Traditional POS Software: Market Factsheet
79
Exits
Most Active Investors
Recent InvestmentsCompanies providing traditional
POS software solutions and
systems
Shopify
(2006, Ottawa, $122M)
JetPay
(2011, Carrollton, $18.3M)
USA Technologies
(1992, Malvern)
Pine labs
(1998, Noida, $227M)
First American Payment
Systems
(2009, Fort Worth, $148M)
Top Companies
#3 Top Markets of Investment Activity
RetailTech > Market Details > Market: Traditional POS Software
Companies Created 259 | Funded 35 | Total Funding $663M
0
10
20
30
$0k
$500M
$1.B
2014 2015 2016 2017 2018
Predicted Funding YoY Funding
Rounds Predicted Rounds
YoY Funding and Rounds
Market: Traditional POS Software
80. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201980
Payments > POS > Traditional POS Software: Top Companies
RetailTech > Market Details > Market: Traditional POS Software
#3 Top Markets of Investment Activity
Market: Traditional POS Software
Analyst’s Pick
Pine labs (1998, Noida, $227M)
POS software solutions for offline retailers and
brands
Soonicorn. Stage: Series C
Temasek, PayPal, Actis and 5 Other Investors
Shopify (2006, Ottawa, $122M)
Cloud-based software solutions to create online
stores for retailers
Unicorn. Stage: Public
OMERS Ventures, Insight Venture Partners,
FirstMark and 6 Other Investors
Oxigen (2004, Gurgaon, $51.1M)
POS software provider
Soonicorn. Stage: Series B
Anjali Sachin Tendulkar, Microsoft Ventures, Citi
and 2 Other Investors
Innoviti (2002, Bangalore, $26.8M)
POS payment processing solution provider
Minicorn. Stage: Series B
SBI Ven Capital, Bessemer Venture Partners,
Catamaran and 35 Other Investors
Analyst’s Pick
JetPay (2011, Carrollton, $18.3M)
Payment processor
Minicorn. Stage: Acquired
Flexpoint Ford
Openbravo (2006, Pamplona, $18M)
Web-based open source ERP and PoS solutions for
SMEs
Soonicorn. Stage: Series B
Amadeus Capital, Adara Ventures, Gimv and 2
Other Investors
H3 Financial Services (2014, Irvine, $16.9M)
Payments, billing, and credit solutions
Editor's Pick. Stage: Series A
Connexus Equity Management Partners
AllTrust Networks (1999, Herndon)
Cloud-based POS solutions for offline retailers
Editor's Pick. Stage: Acquired
Talus Pay (2006, Dallas)
POS software solutions provider for offline retailers
Editor's Pick. Stage: Funded
Alvarez & Marsal Capital Partners
81. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 2019
Note: Overall Rating is a combination of Funding and Team rating, along with Execution, Size and Growth metrics
81
Payments > POS > Traditional POS Software: Leaderboard
RetailTech > Market Details > Market: Traditional POS Software
#3 Top Markets of Investment Activity
Better than Market Average
Market: Traditional POS Software
Overall
Rating
Company
Name
Year Location Stage
Funding
($M)
Funding
Rounds
Team
Rating
Execution Quality Size Metrics 6M Growth Metrics
App
Rating
App UI
Web
UI
Social
Followers
Mobile
Downloads
Mobile
Reviews
News
Mentions
Mobile
Reviews
Social
Followers
Δ % Δ %
5.0 Shopify 2006 Ottawa Public $122M 3 - 4 4 4 245.5k 4.1M 11.6k 189 1.9k 19% - -
4.5 Oxigen 2004 Gurgaon Series B $51.1M 4 - - - - 1.1k - - 14 - - 46 5%
4.3
First
American
Payment
Systems
2009 Fort Worth Acquired $148M 4 - - - - 2.1k 7 - 8 - - 31 2%
4.2 Pine labs 1998 Noida Series C $227M 3 5 4 3 3 6 300k 2.1k 16 671 49% 6
4.1 JetPay 2011 Carrollton Acquired $18.3M 2 5 4 - - 540 3k 9 28 - - 57 12%
4.0 Apriva 1999 Phoenix Series A $14.2M 2 - 4 - - 1.7k 60k 97 12 - - -2 -
3.9
USA
Technologies
1992 Malvern Public - 2 - - - - 1.6k 30 - 103 - - 56 4%
3.8 Openbravo 2006 Pamplona Series B $18M 2 - - - - 3.3k - - 7 - - -8 -
3.6 Innoviti 2002 Bangalore Series B $26.8M 3 - - - - - - - 13 - - - -
3.3
Bypass
Mobile
2010 Austin Series B $11.4M 4 - - - - - - - 4 - - - -
3.2 Concardis 2003 Eschborn Acquired - - - - - - 892 - - 25 - - 92 12%
3.1 Khipu 2012 Providencia Unfunded - - - 4 - - 2k 301k 2.1k - 324 18% 40 2%
3.0 POSaBIT 2015 Seattle Acquired $6.5M 4 - - - - - - - 4 - - - -
2.8 KICC 1986 Seoul Public - - - 3 - - 8 464k 806 - 147 22% - -
82. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201982
#4 Top Markets of Investment Activity
RetailTech > Market Details > Market: Market Intelligence
Companies Created 57 | Funded 38 | Total Funding $561M
Market: Market Intelligence
83. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201983
RetailTech > Market Details > Market: Market Intelligence
#4 Top Markets of Investment Activity
Market: Market Intelligence
84. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201984
RetailTech > Market Details > Market: Market Intelligence
#4 Top Markets of Investment Activity
Better than Market Average
Market: Market Intelligence
85. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201985
#5 Top Markets of Investment Activity
RetailTech > Market Details > Market: Location Intelligence
Companies Created 29 | Funded 15 | Total Funding $268M
Market: Location Intelligence
86. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201986
RetailTech > Market Details > Market: Location Intelligence
#5 Top Markets of Investment Activity
Market: Location Intelligence
87. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201987
RetailTech > Market Details > Market: Location Intelligence
#5 Top Markets of Investment Activity
Better than Market Average
Market: Location Intelligence
88. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201988
#6 Top Markets of Investment Activity
RetailTech > Market Details > Market: Crowdsourced
Companies Created 33 | Funded 21 | Total Funding $144M
Market: Crowdsourced
89. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201989
RetailTech > Market Details > Market: Crowdsourced
#6 Top Markets of Investment Activity
Market: Crowdsourced
90. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201990
RetailTech > Market Details > Market: Crowdsourced
#6 Top Markets of Investment Activity
Better than Market Average
Market: Crowdsourced
91. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201991
#7 Top Markets of Investment Activity
RetailTech > Market Details > Market: Video & Image Analytics
Companies Created 62 | Funded 28 | Total Funding $335M
Market: Video & Image Analytics
92. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201992
RetailTech > Market Details > Market: Video & Image Analytics
#7 Top Markets of Investment Activity
Market: Video & Image Analytics
93. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201993
RetailTech > Market Details > Market: Video & Image Analytics
#7 Top Markets of Investment Activity
Better than Market Average
Market: Video & Image Analytics
94. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201994
#8 Top Markets of Investment Activity
RetailTech > Market Details > Market: WorkForce Management
Companies Created 31 | Funded 15 | Total Funding $92.1M
Market: WorkForce Management
95. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201995
RetailTech > Market Details > Market: WorkForce Management
#8 Top Markets of Investment Activity
Market: WorkForce Management
96. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201996
RetailTech > Market Details > Market: WorkForce Management
#8 Top Markets of Investment Activity
Better than Market Average
Market: WorkForce Management
97. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201997
#9 Top Markets of Investment Activity
RetailTech > Market Details > Market: Inventory Management
Companies Created 124 | Funded 41 | Total Funding $281M
Market: Inventory Management
98. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201998
RetailTech > Market Details > Market: Inventory Management
#9 Top Markets of Investment Activity
Market: Inventory Management
99. Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.Feed Report - RetailTech - Mar 201999
RetailTech > Market Details > Market: Inventory Management
#9 Top Markets of Investment Activity
Better than Market Average
Market: Inventory Management