Graham’s Latest Investment Signifies a New Era for Automation
September 23rd, 2022
Graham Partners Growth, the growth equity strategy of Graham Partners, a private investment firm investing in technology-driven companies that are spurring innovation in advanced manufacturing, is pleased to announce it has completed a minority growth equity investment in Signifi Solutions (“Signifi”). Headquartered in Toronto, Canada, Signifi designs and engineers robotic-based dispensing kiosks, smart lockers, and loss prevention solutions on an enterprise-level software platform. Signifi’s full hardware and cloud software suite can be customized for a wide range of end markets and use cases. The company has a history of new product development and innovation and is led by experienced and entrepreneurial founder and CEO, Shamira Jaffer.
Graham was directly introduced to the company through one of Graham’s industrial technology specialists, and was attracted to the business as Graham believes that it is benefiting from the conversion to automation technologies in retail and corporate settings. This trend overlaps with Graham’s prior experience in retail automation and Internet of Things (IoT) technologies. In retail automation, the company’s software platform coupled with innovative robotic and automated dispensing allows it to excel in ecommerce “buy online, pick-up in store” applications. These solutions are meant to alleviate last-mile delivery inefficiencies by reducing delivery and labor costs and improving the shopper experience. Signifi’s corporate solutions automate IT asset management in office settings, enabling flexible and secure hybrid workplace environments while reducing IT staffing costs for employers and improving the overall employee experience. Signifi sells high-end and differentiated hardware combined with subscriptions to an intelligent remote monitoring and analytics platform. Signifi also delivers a comprehensive service model which Graham believes differentiates the company from competitors and has enabled Signifi to secure relationships with blue-chip customers and deliver impressive growth.
Dennis Dunegan, Managing Principal at Graham Partners Growth, stated, “Signifi presents an exciting investment opportunity in a growing niche within retail and corporate automation technology. We are excited to partner with Shamira and team to help support the company’s growth trajectory and continued new product development.” Shamira Jaffer, founder and CEO of Signifi, added, “Graham’s experience in retail automation, remote equipment management, and IoT, coupled with their comprehensive operating resources resonated with the Signifi team. We are excited to partner with Graham to grow and enhance our company.”
Signifi designs and manufactures smart lockers, self-serve kiosks and automated retail solutions on a global scale. Signifi provides comprehensive solutions including a full hardware and cloud software suite for retail automation and IT asset management that is driven by the conversion to automated solutions across a range of end markets. Founded in 2005, Signifi is headquartered in Toronto, Canada, with service locations in North America and Europe. Learn more at www.signifi.com.
FOR FURTHER INFORMATION CONTACT:
Dennis Dunegan (email@example.com)
Tel: (610) 408-0500
Shamira Jaffer (firstname.lastname@example.org)