Skupos

Skupos

Data platform for convenience retail optimization

About Skupos

Simplify's Rating
Why Skupos is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series B

Total Funding

$57.8M

Headquarters

San Francisco, California

Founded

2016

Overview

Skupos provides a data platform tailored for the convenience retail industry, which includes small stores selling everyday items. The company offers a range of products such as Skupos Engage, Skupos Insights, Skupos Predict, and Skupos Scan Data, which help convenience stores, distributors, and brands analyze sales data, manage inventory, and enhance customer engagement. Clients subscribe to these services for a recurring fee, allowing Skupos to maintain a steady revenue stream while delivering ongoing value. Unlike its competitors, Skupos focuses specifically on the unique needs of the convenience retail market, filling a gap in supply chain data availability. The company's goal is to empower its clients with data-driven insights to optimize their operations and improve overall performance.

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Simplify's Take

What believers are saying

  • Increased demand for real-time data analytics boosts Skupos' market relevance.
  • Growing trend of digital solutions adoption in convenience stores supports Skupos' offerings.
  • Recent funding enables Skupos to expand its market footprint and product offerings.

What critics are saying

  • Integration challenges with PDI Technologies may disrupt service continuity for Skupos clients.
  • Strategic shifts post-acquisition could deprioritize Skupos' focus on independent stores.
  • Increased competition in data analytics could pressure Skupos to innovate rapidly.

What makes Skupos unique

  • Skupos connects independent convenience stores with CPG brands for optimized sales.
  • The platform offers real-time inventory and operational analytics for convenience retailers.
  • Skupos provides subscription-based software services tailored to the convenience retail industry.

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Funding

Total Funding

$57.8M

Meets

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

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$100M
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Benefits

Competitive salary

Medical, dental, & vision insurance

401(k) retirement savings plan

Discretionary PTO

Flexible Hours

401k

Personal wellness stipend

Company News

CStore Decisions
Aug 11th, 2023
PDI Technologies Acquires Skupos

PDI Technologies acquires Skupos.

PR Newswire
Aug 11th, 2023
With Acquisition Of Skupos, Pdi Technologies Now Reaches 25,000 U.S. Independent C-Stores

Expansion connects retailer and Consumer Packaged Goods (CPG) data at advanced scale in the historically fragmented convenience industryATLANTA, Aug. 11, 2023 /PRNewswire/ -- PDI Technologies, a global leader delivering powerful solutions and insights that serve as the backbone of the convenience retail and petroleum wholesale ecosystem, today announced its acquisition of Skupos, the platform that powers smarter, more profitable retail by connecting independent convenience stores and CPG brands.Based in San Francisco, California, and Denver, Colorado, Skupos provides single-store operators access to CPG brand programs and discounts, while providing brands with the data and insights on how their products perform at independent convenience retailer sites."Skupos has achieved impressive scale in the independent and small-chain channel," said Jamie Hudson of PDI. Tweet this"Skupos has achieved impressive scale in the independent and small-chain channel," said Jamie Hudson, SVP & GM, Offers, Media Network, and Insights (OMNI), at PDI. "By bringing Skupos customers together with PDI, we can now offer brands access to performance and activation at more than 25,000 independent sites, which benefits everyone across the convenience ecosystem."Since its founding 40 years ago, PDI has helped customers throughout the fuel and convenience retail industry accelerate their growth through innovation. The acquisition of Skupos is part of a continuing investment in connecting convenience and driving industry transformation."When it comes to the c-store, PDI knows more than anyone else about what was sold, when it was sold, and who bought it," said Brandon Logsdon, President, Consumer Engagement, at PDI. "Expanding our footprint with the acquisition of Skupos strengthens that knowledge and makes it even more appealing for brands and retailers looking to accelerate their profitability and progress, who then pass on their wins to consumers.""Since our founding in 2016, Skupos has been mission-oriented to drive better business outcomes for entrepreneurial, independent retailers by connecting them with CPG companies wanting to optimize sales in the convenience channel," said Jake Bolling, Co-Founder and Chief Executive Officer at Skupos

Business Wire
Jun 9th, 2023
C-Store Data Analytics Platform Skupos Inc. Raises $6.4M for Continued Expansion

Skupos Inc., the leading analytics platform for the c-store industry, today closed a $6.4M Series A round of funding led by Toba Capital with particip

Finsmes
Mar 20th, 2023
Skupos Raises $22.5M in Funding

Skupos, a Denver, CO-based technology company that connects both retailers and brands to their shoppers, raised $22.5M in funding.

PRWeb
Mar 20th, 2023
Skupos Announces New Funding From Brex Asset Management And Sqn Ventur

DENVER (PRWEB). March 20, 2023. Brex Asset Management and SQN Venture Partners join forces on a new $22.5M investment in Skupos, a leading data platform serving independent convenience stores, brands, and distributors. This new capital will help Skupos expand their footprint of independent convenience stores across new and existing markets

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