Frictionless Commerce Overview
- Founded
-
1998
- Status
-
Acquired/Merged
- Employees
-
70
- Latest Deal Type
-
M&A
Frictionless Commerce General Information
Description
Provider of enterprise sourcing software. The company delivers supplier relationship management software to the purchasing organizations. It offers Sourcing software, an enterprise sourcing platform that reduces the cost of acquisition for various direct and indirect materials, services, and capital equipment.
Contact Information
Primary Industry
Vertical Market Software
Other Industries
Automation/Workflow Software
Acquirer
Primary Office
- 400 Technology Square
- Ninth Floor
- Cambridge, MA 02139
- United States
+1 (617) 000-0000
Frictionless Commerce Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 31-Jul-2006 | 000.00 | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series A1) | 07-Feb-2005 | 00.000 | 000.00 | 0000 | Completed | Generating Revenue |
| 6. Later Stage VC (Series E) | 06-Aug-2002 | 000.00 | 000.00 | Completed | Generating Revenue | |
| 5. Later Stage VC (Series D) | 06-Nov-2000 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
| 4. Later Stage VC (Series C) | 00.000 | 000.00 | 000.00 | Completed | Generating Revenue | |
| 3. Early Stage VC (Series B) | 00.00 | 000 | 000.00 | Completed | ||
| 2. Early Stage VC (Series A) | 10-Jun-2000 | $7.5M | $7.5M | Completed | Product Development | |
| 1. Angel (individual) | 01-Jun-1998 | Completed | Startup |
Frictionless Commerce Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A1 | 0,000,000 | 00.000000 | 00 | 00 | 00 | 00.000 |
Frictionless Commerce Executive Team (6)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Werner Brandt | Chief Financial Officer |
Frictionless Commerce Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Frictionless Commerce Former Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Chevron Technology Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| Claflin Capital Management | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Draper Richards | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Intel Capital | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
| Lake Street Capital | Secondary Buyer | Minority | 000 0000 | 000000 0 |