What is PredictSpring?
Founded in 2013, PredictSpring operates as a sophisticated commerce platform tailored for global brands and retailers. The company provides a comprehensive suite of enterprise-grade solutions, including Modern POS, digital commerce mobile applications, and store associate tools such as Clienteling and Endless Aisle. By integrating a no-coding Content Management System, PredictSpring empowers merchandisers to deploy personalized promotions and loyalty programs seamlessly. The platform serves as a vital technological backbone for B2B and B2C retail operations, effectively unifying online and in-store customer journeys to drive operational efficiency and enhance consumer engagement across North America.
How much funding has PredictSpring raised?
PredictSpring has raised a total of $29.4M across 3 funding rounds:
Private Equity
$2M
Series A
$11.4M
Series B
$16M
Private Equity (2015): $2M with participation from Beanstalk Ventures
Series A (2016): $11.4M led by Beanstalk Ventures and Felicis Ventures
Series B (2022): $16M supported by Felicis Ventures, Novel TMT Ventures, and Salesforce
Key Investors in PredictSpring
Felicis Ventures
Felicis is a Menlo Park-based venture capital firm that raises multistage funds to invest in early and growth-stage technology companies across sectors such as SaaS, AI, fintech, and consumer, typically leading seed and Series A rounds and supporting founders through scale-up and exit.
Salesforce
Salesforce is a global leader in customer relationship management software, providing a comprehensive suite of cloud-based solutions including Commerce Cloud, which helps businesses of all sizes transform their customer relationships through innovative technology.
Beanstalk Ventures
Beanstalk Ventures is an investment firm focused on supporting high-growth technology companies, providing the necessary capital and strategic guidance to help early-stage ventures scale their operations effectively.
What's next for PredictSpring?
With the recent capital injection, PredictSpring is well-positioned to accelerate its product roadmap and expand its footprint in the enterprise retail software market. The company's focus remains on refining its omnichannel capabilities and deepening its integration with existing enterprise resource planning systems. As retailers increasingly prioritize digital transformation to combat shifting consumer behaviors, PredictSpring's ability to provide a cohesive, mobile-first commerce experience will be instrumental in maintaining its competitive edge. Future growth strategies likely involve scaling its cloud-based infrastructure and enhancing its data analytics offerings to provide retailers with actionable insights into customer behavior and inventory management.
See full PredictSpring company page
