About Perfect Commerce
Perfect Commerce is a company based in Newport News (United States) founded in 1994 was acquired by Proactis in July 2017. Perfect Commerce has raised $47.17 million across 3 funding rounds from investors including Duke Energy, PG&E and Southern Company. Perfect Commerce has completed 2 acquisitions, including Commerce One and Hubwoo. Perfect Commerce operates in a competitive market with competitors including Tipalti, Sage Group, Coupa, MineralTree and Airbase, among others.
- Headquarter Newport News, United States
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$47.17 M (USD)
in 3 rounds
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Latest Funding Round
$12.67 M (USD), Series B
Jul 21, 2014
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Investors
Duke Energy
& 13 more
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Employee Count
Not available
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Investments & Acquisitions
Commerce One
& 1 more
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Acquired by
Proactis
(Jul 07, 2017)
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Funding Insights of Perfect Commerce
Perfect Commerce has successfully raised a total of $47.17M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $12.67 million completed in July 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Perfect Commerce
Perfect Commerce has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Duke Energy, PG&E and Southern Company.
| Investor | Description | Founded Year | Domain | Location |
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Equity investments are focused on tech, services, and consumer sectors.
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Mayfield is focused on AI innovation and venture capital investments.
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Venture capital investments are offered to startups by NEA.
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Investor details for Perfect Commerce
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
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Investments & Acquisitions by Perfect Commerce
Perfect Commerce has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Commerce One and Hubwoo.
Investment portfolio details for Perfect Commerce
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of source-to-pay software
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Locked | Locked | 1999 | Locked | |
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Provides B2B e-commerce and supplier relationship management solutions.
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Locked | Locked | 1994 | Locked |
Complete acquisition details for Perfect Commerce
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Perfect Commerce
Detailed financials for Perfect Commerce
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Perfect Commerce Comparisons
Peer comparison for Perfect Commerce
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Perfect Commerce
Perfect Commerce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tipalti, Sage Group, Coupa, MineralTree and Airbase, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based procurement and invoice management solutions are offered to businesses.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud-based end-to-end spend management software is delivered for businesses.
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Cloud-based accounts payable automation is delivered for businesses.
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Procure-to-pay management software is offered for business operations.
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Corporate cards and expense management are offered to businesses.
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Detailed competitors of Perfect Commerce
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Perfect Commerce
Complete news archive for Perfect Commerce
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Perfect Commerce
Perfect Commerce was founded in 1994 and raised its 1st funding round 5 years after it was founded.
Perfect Commerce is headquartered in Newport News, United States. It is registered at Newport News, Virginia, United States.
Perfect Commerce is a funded company, having raised a total of $47.17M across 3 funding rounds to date.
Perfect Commerce was founded in 1994 and is headquartered in Newport News, United States. Cloud-based solutions for spend management and procurement operations are provided, targeting industries such as chemicals, retail, energy, financial services, health and medical, hospitality, food products, and education. Key products include PerfectProcure for controlling the procure-to-pay process and PerfectShop for improving visibility of approved goods and services. Organizational needs are identified to support these functions across sectors.
Perfect Commerce's top competitors include Coupa, Sage Group and Airbase.
Perfect Commerce has made 2 acquisitions, including Commerce One, and Hubwoo.
Perfect Commerce has 14 investors. Key investors include Duke Energy, PG&E, Southern Company, Apax Partners, and FirstEnergy Corp.