Askuity - About the company
Askuity is an acquired company based in Toronto (Canada), founded in 2012 by Neal Sherman and Eric Green. It operates as a Provider of retail analytics software for businesses. Askuity has raised $5.45M in funding from dunnhumby Ventures and MaRS Discovery District. The company has 275 active competitors, including 69 funded and 37 that have exited. Its top competitors include companies like Trax, RetailNext and Crisp.
Company Details
Askuity is a provider of retail analytics software for businesses. The platform that connects retailers and product vendors with actionable insight and information, enabling better decision-making, collaboration and execution along the retail supply chain. It combines secure product and store-level data sharing with a full suite of analytic tools to help retailers and their vendors reduce out-of-stocks, increase inventory turns and optimize promotional spend.
- Website
- askuity.com
Key Metrics
Founded Year
2012
Location
Toronto, Canada
Stage
Acquired
Total Funding
$5.45M in 3 rounds
Latest Funding Round
Investors
Ranked
32nd among 275 active competitors
Employee Count
37 as on Oct 31, 2026
Similar Companies
Exit Details
Acquired by The Home Depot (Jan 11, 2019)
Askuity's acquisition details
Askuity got acquired by The Home Depot on Jan 11, 2019.
Click here to take a look at Askuity's acquisition in detail
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Askuity's funding and investors
Askuity has raised a total funding of $5.45M over 3 rounds. Its first funding round was on May 28, 2014. Its latest funding round was a Series B round on Oct 30, 2017 for $*****. 2 investors participated in its latest round. Askuity has 3 institutional investors.
Here is the list of recent funding rounds of Askuity:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 30, 2017 | 5741734 | Series B | 9922019 | 2137234 | 2682088 | 3885621 |
Jan 11, 2016 | 9448802 | Series A | 6644661 | 3242985 | 7982488 | 8058762 |
May 28, 2014 | 8597740 | Seed | 3085137 | 7517325 | 2847438 |
View details of Askuity's funding rounds and investors
Askuity's founders and board of directors
Founder? Claim ProfileThe founders of Askuity are Neal Sherman and Eric Green.
Here are the details of Askuity's key team members:
- Neal Sherman: Co-Founder & COO of Askuity. They serve on the board of 1 company.
- Eric Green: Co-Founder & CEO of Askuity.
View details of Askuity's Founder profiles and Board Members
Askuity's employee count trend
Askuity has 37 employees as of Oct 26. Here is Askuity's employee count trend over the years:
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Askuity's Competitors and alternates
Top competitors of Askuity include Trax, RetailNext and Crisp. Here is the list of Top 10 competitors of Askuity, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud-based data analytics solutions for retail shelf management | $1.03B | 79/100 | ||
2nd | RetailNext 2007, San Jose (United States), Series E | Provider of traffic analytics, video security, and occupancy management solutions | $232M | 68/100 | |
3rd | Crisp 2016, New York City (United States), Series B | Platform offering business analytics software for CPG retailers and suppliers | $160M | 66/100 | |
4th | SPINS 1995, Chicago (United States), Series B | Provider of retail consumer analytics services | - | 62/100 | |
5th | Provider of AI-based video analytics solution for video surveillance | $53.8M | 61/100 | ||
6th | Hypersonix 2018, San Francisco (United States), Series B | Provider AI-powered analytics platform for consumer commerce | $50M | 60/100 | |
7th | Standard 2017, San Francisco (United States), Series C | Platform offering AI-enabled automated checkout software solutions for offline retailers | $237M | 60/100 | |
8th | ParallelDots 2014, Seattle (United States), Series A | Provider of image recognition software for retail execution and monitoring | $6.5M | 55/100 | |
9th | Prism Skylabs 2011, San Francisco (United States), Deadpooled | Provider of cloud-based video intelligence platform | $31.5M | 53/100 | |
10th | Profitmind 2022, Pittsburgh (United States), Series A | Provider of agentic AI platform for retail decision-making and analysis | $9M | 52/100 | |
32nd | Provider of retail analytics software for businesses | $5.45M | 39/100 |
Looking for more details on Askuity's competitors? Click here to see the top ones
Askuity's Investments and acquisitions
Askuity has made no investments or acquisitions yet.
Reports related to Askuity
Here is the latest report on Askuity's sector:
News related to Askuity
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Askuity closes US$2,3 million Series B to add AI to its platformFundingsmes•Dec 14, 2017•Askuity, MaRS IAF, Dunnhumby
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Askuity Lands $2 Million To Help More Companies Like Salvatore Ferragamo - Retail TouchPointsRetail TouchPoints•Jan 11, 2016•Askuity, Dunnhumby
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MaRS IAF, Dunnhumby invest $1.8 mln in retail intelligence platform Askuity - PE HubPE Hub•May 28, 2014•Askuity, Dunnhumby, MaRS IAF
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