Chrysalis
Chrysalis is a meta-company in the SaaS space, nurturing and acquiring businesses that align with its mission to create valuable digital-personal experiences. Headquartered in Vancouver, it supports a self-organizing ecosystem and is North America's leading provider of telecom retail software.
Company History
Chrysalis, initially known as iQmetrix, began its journey in 1999. As iQmetrix, the company established itself as North America’s leading provider of retail management solutions for the telecom industry. iQmetrix powered $15.5 billion in sales last year and its software is used by 425,000 telecom retail professionals across 1,200-plus clients. Over time, the company evolved into Chrysalis, a meta-company operating in the SaaS space, nurturing and acquiring like-minded businesses that align with its mission.
Headquarters and Offices
Chrysalis is headquartered in Vancouver, British Columbia. The company has expanded its presence with six additional offices across North America. This geographic spread enables Chrysalis to effectively support its broad range of services and maintain close relationships with its diverse client base.
Chrysalis Services
Chrysalis develops software solutions that enable users to create memorable and valuable moments where the digital meets the personal. The company is recognized as North America's leading provider of software for the telecom retail space and offers the fastest-growing dispensary point-of-sale system in the region. Additionally, Chrysalis has a high-growth platform disrupting the hospitality technology sector and provides an intelligent, data-driven workforce management solution.
Red Stapler Program
The Red Stapler Program is Chrysalis's internal incubator for entrepreneurial ideas. The program has successfully nurtured companies like Cova and Ready. Cova builds software solutions tailored for cannabis retail and has processed over $4 billion in legal cannabis sales. Ready offers a Connected Dining Platform that serves hospitality locations across North America. The program is key to Chrysalis's strategy of developing and growing innovative companies within its ecosystem.
Acquisitions and Partnerships
Chrysalis acquires like-minded businesses that complement its mission and is actively seeking to partner with startup and early-stage SaaS companies. This approach supports an emergent self-organizing ecosystem of companies and people, fostering organic growth. Notable acquisitions include Shiftlab, headquartered in Carmel, Indiana, which offers a scalable workforce optimization platform designed for retail sales organizations.