When was Signifi founded?

Signifi was founded in 2005 and raised its 1st funding round 9 years after it was founded.

Where is Signifi located?

Signifi is headquartered in Mississauga, Canada.

Which legal entities is Signifi associated with?

Signifi is associated with Signifi Solutions Inc..

How many employees does Signifi have?

As of Jul 31, 2026, the latest employee count at Signifi is 142.

Is Signifi a funded company?

Signifi is a funded company, having raised a total of $***** in its 1st and only funding round, a Venture Debt round on Dec 14, 2014.

When was the latest funding round of Signifi?

Signifi's latest funding was a $***** Venture Debt round on Dec 14, 2014, with participation from 1 investor. Its primary sector is Food Tech. In Canada, the Food Tech sector has seen $11.8M in funding in 2026 to date.

Where does Signifi rank among its competitors?

Signifi ranks 15th amongst 51 active competitors, of which 7 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was QuoteMachine, which secured $3.7M in Oct, 2023.

Who are the top competitors of Signifi?

Signifi's top competitors include CallidusCloud, Linx and Vinculum. Among them, QuoteMachine secured the most recent funding round in October, 2023.

Signifi - 2026 Company Profile, Team, Funding & Competitors

Signifi is a funded company based in Mississauga (Canada), founded in 2005 by Shamira Jaffer. It operates as a Provider of retail vending solutions for smart vending machines. Signifi has raised an undisclosed amount in funding. The company has 51 active competitors, including 7 funded and 8 that have exited. Its top competitors include companies like CallidusCloud, Linx and Vinculum.

Company Details

Provider of retail vending solutions for smart vending machines. The company builds automated retail vending kiosk for electronics, luxury goods, pharmaceutical products, and packaged foods. The kiosks offer features like product dispensing, accepting multiple payment options, built-in customer support features, collect consumer data for analytics purposes, and more.

Website: www.signifi.com/
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Key Metrics

Founded Year

2005

Location

Mississauga, Canada

Stage

Funding Raised

Latest Funding Round

Venture Debt, Dec 14, 2014, $*****

Investors

BEST Funds & 1 more

Ranked

15^th among 51 active competitors

Employee Count

142 as on Jul 31, 2026

Similar Companies

RELEX & 1605 more

View Signifi's full profile

Signifi is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Signifi Solutions Inc. CIN: 3669858 , Canada, Active		-	-	-

Signifi has raised funding over 1 round. Its latest funding round was a Venture Debt round on Dec 14, 2014 for $*****. 1 investor participated in its latest round. Signifi has 2 institutional investors.

Here is the list of recent funding rounds of Signifi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 14, 2014	4171359	Venture Debt	2377505	7901908	8480122	5721312

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View details of Signifi's funding rounds and investors

The founders of Signifi is Shamira Jaffer.

Here are the details of Signifi's key team members:

Shamira Jaffer: Founder & CEO of Signifi. They serve on the board of 1 company.

Signifi's Board of Directors

Signifi's board has 5 active members. Shamira Jaffer, Dennis Dunegan, Marilyn Mersereau, Gary Landry and Amin Jaffer are independent board members.

Here is the list of Signifi's board of directors:

Name	Type	Representing	Status	Duration
Shamira Jaffer	Independent board member	-	Current	26y 11m
xj{prgc	Independent board member	-	Current	2y 1m
n{kjzht	Independent board member	-	Current	8y 8m
lgqadlf	Independent board member	-	Current	6y 8m
fn{dpcx	Independent board member	-	Current	1y 3m

View details of Signifi's Founder profiles and Board Members

Signifi's employee count trend

Signifi has 142 employees as of Jul 26. Here is Signifi's employee count trend over the years:

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Top competitors of Signifi include CallidusCloud, Linx and Vinculum. Here is the list of Top 10 competitors of Signifi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CallidusCloud 1996, Pleasanton (United States), Acquired	Cloud-based sales, marketing and pipeline management solutions	$89.3M	Crosspoint Venture Partners, Crescendo Ventures ... & 6 others	74/100
2nd	Linx 1985, Sao Paulo (Brazil), Acquired	Cloud-based suite software for the retail industry	-	General Atlantic, Oria Capital	58/100
3rd	Vinculum 2007, Noida (India), Series C	Platform offeirng cloud based end to end eCommerce and retail solution	$23.4M	Accel, IvyCap Ventures & 23 others	53/100
4th	Givex 1999, Toronto (Canada), Acquired	Cloud based platform offering enterprise resource planning solutions for the retail industry	-	-	51/100
5th	iVend Retail 2004, New York City (United States), Series C	Retail management software for offline retail stores	$60M	Goldman Sachs	51/100
6th	Salesflo 2015, Singapore (Singapore), Funding Raised	Provider of multi category solutions for offline businesses	-	Walled City Co	48/100
7th	PizzaForno 2018, Brampton (Canada), Unfunded	Provider of automated pizza vending machine	-	-	41/100
8th	Vivonet 1999, Burnaby (Canada), Acqui-Hired	Developer of enterprise cloud software for business operations and management	$17.4M	Maxam Capital, Roynat Capital & 2 others	41/100
9th	Mobi724 2012, Montreal (Canada), Public	Payment processing solution provider to the financial sector	-	BDC, BF Belmont	39/100
10th	QuoteMachine 2018, Montreal (Canada), Seed	Provider of suite solution for businesses	$4.7M	Precursor Ventures, Clocktower Ventures & 5 others	38/100
15th	Signifi 2005, Mississauga (Canada), Funding Raised	Provider of retail vending solutions for smart vending machines	-	BEST Funds, Graham Partners	34/100