Askuity
Latest round
- Series B
Last raised
- Oct 2017
Total raised
- $6.1M
Investors
- 2
About Askuity
Askuity Inc.Founded in 2012, Askuity Inc. operates as a retail analytics software provider based in Toronto, Canada. The company was co-founded by Eric Green and Neal Sherman., although financial terms were not disclosed.000 mn, supported by MaRS Investment Accelerator Fund and dunnhumby Ventures.Askuity specializes in retail analytics software, providing a suite of tools designed to enhance collaboration between suppliers and merchants at The Home Depot. Central to their offerings is the Supplier Analytics Program, which facilitates data-driven decision-making and real-time retail execution. The platform connects suppliers with various sales, inventory, and online performance metrics, enabling proactive merchandising strategies.Askuity generates revenue primarily through its Supplier Analytics Program, which operates on a B2B partnership model with suppliers at The Home Depot. The revenue structure is based on subscription fees or partnership agreements that grant suppliers access to Askuity's analytics tools and resources, facilitating continuous access to their software.Following the acquisition by The Home Depot in January 2019, Askuity is focused on integrating its analytics solutions into The Home Depot's broader retail strategy. Askuity's growth strategy includes plans to further optimize its offerings, although specific new products and market expansion details have yet to be disclosed.
Who invested in Askuity
2 investors across 3 rounds
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Questions about Askuity
Who invested in Askuity?
Askuity has 2 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Askuity raised?
Askuity has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Askuity last raise money?
Askuity's most recent round on record is a Series B, in Oct 2017.
What does Askuity do?
Askuity is a software company.
Where is Askuity headquartered?
Askuity is headquartered in Toronto, Canada.
Which VCs invest in companies like Askuity?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Askuity's stage. Their profiles are linked below.
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