Poka

SoftwareSeries BQuebec City, Canadapoka.io

Latest round

Series B

Last raised

Jun 2021

Total raised

$38M

Investors

11

About Poka

Founded in 2014 by Alexandre Leclerc and Antoine Bisson, Poka Inc. operates from Quebec City, Canada. The company has adapted its strategies to focus on empowering frontline workers in manufacturing environments. Poka was acquired by Industrial and Financial Systems, IFS Aktiebolag in June 2023 for approximately USD 200 mn, enabling enhanced digital connectivity across value chains.Poka offers a comprehensive Connected Worker Platform tailored for the manufacturing sector, designed to empower frontline workers with essential knowledge, skills, and AI-driven support. The platform features various modules such as digital work instructions, skills management, issues management, and analytics, facilitating seamless communication and integration across operational processes. These solutions aim to address critical challenges in safety, performance, and continuous improvement within factory environments. Poka’s client base includes prominent companies in industries such as food and beverage, automotive, and consumer goods, with successful deployments in regions including North America and Europe.Poka generates revenue through a subscription-based model, primarily serving business-to-business (B2B) clients in the manufacturing industry. The company structures its transactions around long-term partnerships with clients, who subscribe to the platform based on their operational scale and specific needs. Pricing plans are tailored to the extent of service and features utilized, enabling clients to access flagship offerings that enhance workforce training, digitalization of processes, and operational performance metrics. This approach allows Poka to maintain ongoing relationships with customers, providing continuous updates and support as industries evolve.With the recent acquisition finalized on June 20, 2023, Poka aims to leverage the resources of IFS Aktiebolag to innovate and enhance its offerings. The acquisition will support Poka in expanding its capabilities to digitally connect workers across the value chain in manufacturing. Future initiatives include the development of new product features and modules aimed at improving operational efficiency for manufacturers. Poka targets expansion into new markets in Europe and Asia by the end of 2024, further broadening its global reach.

Who invested in Poka

11 investors across 4 rounds

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Funding rounds

  1. Series B

    Jun 7, 2021

    Amount

    $25M

    Investors

    Locked

  2. Series A

    Mar 7, 2018

    Amount

    $7.8M

    Investors

    Locked

  3. Series A

    May 1, 2016

    Amount

    $3.2M

    Investors

    Locked

  4. Seed

    Jan 21, 2015

    Amount

    $2.1M

    Investors

    Locked

Questions about Poka

Who invested in Poka?

Poka has 11 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Poka raised?

Poka has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Poka last raise money?

Poka's most recent round on record is a Series B, in Jun 2021.

What does Poka do?

Founded in 2014 by Alexandre Leclerc and Antoine Bisson, Poka Inc.

Where is Poka headquartered?

Poka is headquartered in Quebec City, Canada.

Which VCs invest in companies like Poka?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Poka's stage. Their profiles are linked below.

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