About Pitney Bowes
Pitney Bowes is a company based in Stamford (United States) founded in 1920 was acquired by Precisely in August 2019. It operates as a SaaS (Software-as-a-Service), and Managed Services. The company has 7,200 employees as of December 31, 2024. Pitney Bowes has completed 15 acquisitions, including Borderfree, CrescoData and Digital Cement. Pitney Bowes offers products and services including Shipping 360 Platform, Ecommerce Fulfillment Software, Postage Meters, and Presort Mail Services. Pitney Bowes operates in a competitive market with competitors including Trimble, Orbital Insight, SatSure, MyTraffic and PlanetRisk, among others.
- Headquarter Stamford, United States
- Employees 7200 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Pitney Bowes Inc.
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Annual Revenue
$2.03 B-2.52as on Dec 31, 2024
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Net Profit
$10.24 M102.66as on Dec 31, 2024
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EBITDA
$426.93 M26.97as on Dec 31, 2024
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Latest Funding Round
$471 K (USD), Post-IPO
Feb 09, 2018
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Investors
Precisely
& 2 more
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Employee Count
7200
as on Dec 31, 2024
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Investments & Acquisitions
Borderfree
& 14 more
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Acquired by
Precisely
(Aug 26, 2019)
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IPO & Listings of Pitney Bowes
Pitney Bowes is a publicly listed company on the NYSE with ticker symbol PBI in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Pitney Bowes
Pitney Bowes offers a comprehensive portfolio of products and services, including Shipping 360 Platform, Ecommerce Fulfillment Software, Postage Meters, and Presort Mail Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Multicarrier shipping is simplified through this software platform.
Order management is streamlined with reduced shipping costs.
Mailing and postage processes are made more efficient.
High-volume mail processing is offered for businesses.
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Funding Insights of Pitney Bowes
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $471,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Post-IPO - Pitney Bowes | Valuation |
investors |
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| Oct, 2013 | Amount | Private Equity Round - Pitney Bowes | Valuation | Saratoga Investment |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pitney Bowes
Pitney Bowes has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Precisely, Saratoga Investment and EQIS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investment firm investing in the US
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Founded Year | Domain | Location | |
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Diversified investment management services are provided by EQIS.
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Founded Year | Domain | Location | |
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Provider of a platform offering decision support software
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pitney Bowes
Pitney Bowes has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include Borderfree, CrescoData and Digital Cement. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Multi-channel eCommerce listings are automated for businesses.
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2014 | ||||
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Shipping management software is offered for multi-carrier TMS solutions.
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2008 | ||||
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Creates personalized online video advertising campaigns.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Pitney Bowes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pitney Bowes Comparisons
Competitors of Pitney Bowes
Pitney Bowes 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 Trimble, Orbital Insight, SatSure, MyTraffic and PlanetRisk, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based positioning solutions are offered for industrial sectors.
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| domain | founded_year | HQ Location |
Geospatial data is analyzed from satellite imagery for enterprise insights.
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| domain | founded_year | HQ Location |
Geospatial data analytics are powered by AI for business insights.
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| domain | founded_year | HQ Location |
Cloud-based traffic data for commercial sites is analyzed and mapped.
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| domain | founded_year | HQ Location |
Risk and opportunity analysis is conducted for businesses globally.
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| domain | founded_year | HQ Location |
An AI-powered platform for geospatial analytics is provided by Zoba.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pitney Bowes
Frequently Asked Questions about Pitney Bowes
When was Pitney Bowes founded?
Pitney Bowes was founded in 1920 and raised its 1st funding round 93 years after it was founded.
Where is Pitney Bowes located?
Pitney Bowes is headquartered in Stamford, United States. It is registered at Stamford, Connecticut, United States.
Who is the current CEO of Pitney Bowes?
Marc B Lautenbach is the current CEO of Pitney Bowes.
How many employees does Pitney Bowes have?
As of Dec 31, 2024, the latest employee count at Pitney Bowes is 7,200.
What is the annual revenue of Pitney Bowes?
Annual revenue of Pitney Bowes is $2.03B as on Dec 31, 2024.
What does Pitney Bowes do?
Pitney Bowes is involved in delivering technology-driven shipping and mailing solutions for businesses of all sizes. Services and products are offered across various industries including government, financial services, healthcare, and retail. Software platforms like Shipping 360 are developed to simplify multicarrier shipping, while hardware such as postage meters and smart lockers are provided for efficient mailroom operations. Additionally, presort mail services and financing options are made available to support high-volume mailing and business needs. Integration with major carriers and e-commerce marketplaces is facilitated to enhance operational reach and efficiency.
Who are the top competitors of Pitney Bowes?
Pitney Bowes's top competitors include Trimble, Orbital Insight and Placer.
What products or services does Pitney Bowes offer?
Pitney Bowes offers Shipping 360 Platform, Ecommerce Fulfillment Software, Postage Meters, and Presort Mail Services.
Is Pitney Bowes publicly traded?
Yes, Pitney Bowes is publicly traded on NYSE under the ticker symbol PBI.
How many acquisitions has Pitney Bowes made?
Pitney Bowes has made 15 acquisitions, including Borderfree, CrescoData, and Digital Cement.
Who are Pitney Bowes's investors?
Pitney Bowes has 3 investors. Key investors include Precisely, Saratoga Investment, and EQIS.
What is Pitney Bowes's ticker symbol?
The ticker symbol of Pitney Bowes is PBI on NYSE.
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