Skupos provides a technology platform that connects retailers and brands to shoppers, enabling better understanding and service of customers across the convenience retail industry. The platform focuses on independent stores and small chains and helps drive revenue growth across all segments of convenience retail. Skupos serves a network of more than 15,000 customers across all 50 states. The company intends to use the funds to scale its product suite, expand go-to-market efforts, and maintain customer success and support. Skupos is led by CEO Jake Bolling. The company announced a $22.5M financing round. Skupos provides a software platform that collects point-of-sale transaction data in real time to power data-driven decisions for retailers, distributors, and brands in the convenience retail industry. The platform records billions of transactions each year and works with over 7,000 retail locations across all 50 states. Skupos has become a data hub for Fortune 500 brands and other industry participants, enabling collaboration and transitions from analog to digital workflows. The company says its customer base more than doubled recently from about 3,000 to over 7,000. Skupos plans to use its latest financing to continue product development and strategic expansion, with a focus on leveraging transaction data to create new revenue-driving strategies. The company was founded in 2016 and is based in San Francisco. Skupos is a data hub and analytics platform serving the $550 billion convenience-retail industry. Founded in 2016 and based in San Francisco, the company provides real-time transaction and inventory analytics to retailers, distributors, and CPG brands. The platform tracks and analyzes over 2 billion annual transactions and serves more than 2,000 customers, with a footprint across 43 U.S. states. Skupos offers tools to help retailers increase revenue and enables Fortune 500 CPG brands to forecast sales trends in the channel. The company plans to use new funding to continue expansion across North America and to hire and retain talent. It has raised $11 million to date, including a $6.4M Series A to accelerate its growth in the c-store industry. Skupos is a San Francisco-based provider of retail distribution software for the convenience store industry. Founded in April 2016 by Jake Bolling, Michael Glassman, and Linh Nguyen, the company offers a data-driven two-sided inventory management system that automates inventory management and ordering for convenience stores. The platform gives distributors and brands real-time inventory levels and the ability to generate re-orders. Its patent-pending technology integrates with existing point-of-sale systems to enable real-time inventory accessible from any device. Skupos has launched in over 200 stores and is accepting beta customers, both convenience stores and distributors. The company raised $2.41m in seed funding to continue product development.

Total raised

$57M

Funding rounds

4

Latest round

Equity

Latest activity

Mar 2023