Place Technology

Austin, United States Founded: 2018 • Age: 8 yrs
Cloud-based financial planning and forecasting software for businesses

About Place Technology

Place Technology is a company based in Austin (United States) founded in 2018. Place Technology has raised $8.93 million across 5 funding rounds from investors including Geekdom Fund and 7BC Venture Capital. The company has 8 employees. Place Technology operates in a competitive market with competitors including Brightflow AI, Centage, Causal, Up and Board, among others.

  • Headquarter Austin, United States
  • Employees 8
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website placetechnology.com
  • Social LinkedIn X Facebook
Key Metrics
  • Total Equity Funding
    $8.93M (USD)

    in 5 rounds

  • Latest Funding Round
    $175K (USD), Series A

    Dec 2022

  • Investors
  • Employee Count
    8

Funding Insights of Place Technology

Place Technology has successfully raised a total of $8.93M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $175 thousand completed in December 2022. 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.

  • Total Funding $8.93M
  • Total Rounds 5
  • Last Round Series A β€” $175,000
  • First Round $3M

    (Oct 2019)

  • Investors Count 2

All 5 funding rounds of Place Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2022$175,000Series A––
–
Feb 2022$3.25MSeries A–Geekdom Fund
Jun 2021$1.5MSeed––
–
Sep 2020$1MSeed––
–
Oct 2019$3MSeed–Geekdom Fund
–
Valuation history

2 investors in total: 2 institutional.

Investors in Place Technology

Place Technology has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Geekdom Fund and 7BC Venture Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital funding is provided to early-stage startups.
–geekdomfund.com-
-
–7bc.vc-
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Investor details for Place Technology

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People of Place Technology

12 people are tracked at Place Technology (1 in leadership, 11 in team); the tracked headcount is 8.

NameRoleGroup
Brandon Metcalf
FounderLeadership
Yogesh Mulchandani☁️
Technical LeadTeam
ANKIT GUPTA
QA EngineerTeam
Madhur Kumawat
Salesforce DeveloperTeam
Udeshay Pareek ☁️
Senior Software EngineerTeam
kunal kaushik
Salesforce DeveloperTeam
Akshay Sharma
Associate Software EngineerTeam
Ravi Indora
Salesforce Developer TraineeTeam
Sunny Kumar Giri
Assosiate Software EnginerTeam
Nirmal Prajapat
QA EngineerTeam
Shubhanderi Singh
Project Manager, SalesforceTeam
Sneha Arora
Salesforce DeveloperTeam
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Timeline of Place Technology

3 dated milestones of Place Technology across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Place Technology is founded.
  2. Funding First funding round of $3.0M.
  3. Funding Latest funding round, Series A, of $175K.

Competitors of Place Technology

Place Technology 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 Brightflow AI, Centage, Causal, Up and Board, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
brightflow.ai2019Berkeley, United States$15M–
Cloud-based AI-driven cash flow forecasting is offered for businesses.
centage.com2002Natick, United States$24.31M–
Budgeting and planning software solutions for small to medium sized businesses.
causal.app2019St Albans, United Kingdom$25.9M2
Cloud-based financial planning and predictive analytics are offered to businesses.
up.com.au2017Melbourne, Australia––
Up is recognized as a digital banking platform in Australia.
board.com1994Chiasso, Switzerland$23.81M99
Cloud-based financial planning and analysis and budgeting solutions for enterprises
emma-app.com2017London, United Kingdom$7.64M9
Money management tools are offered via an app for individuals.
ineacorp.com1992Berlin, Germany$10M–
Performance management software is provided to financial institutions by IneaCorp.
fraxion.biz1997Seattle, United States$4.5M–
Cloud-based procurement management software is developed for various sectors.
clockwork.io2018Palo Alto, United States$41.58M1
Cloud-based workforce scheduling and activity planning are facilitated.
futrli.com2014Brighton, United Kingdom$7.28M29
Cloud-based cash flow forecasting and budgeting are offered to businesses.
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Detailed competitors of Place Technology

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Latest news on Place Technology

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Complete news archive for Place Technology

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Similar companies to Place Technology

10 companies that operate in the same segment as Place Technology (Finance & Accounting Applications), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Subscription-based online banking is offered to SMEs and freelancers.
2017Paris, FranceUSD 717.15 M––
Cloud-based ERP software is provided for business management across segments.
1996Oslo, Oslo, NorwayUSD 198.09 M––
Payflow is recognized as a financial wellness application for employees.
2020Alcobendas, Comunidad De Madrid, SpainUSD 58.23 M––
Cloud-based HR and payroll solutions are offered for small businesses.
2012San Francisco, California, United StatesUSD 718.35 M––
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Frequently Asked Questions about Place Technology

Place Technology was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Place Technology is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Place Technology is a funded company, having raised a total of $8.93M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Oct 2019.

Place Technology has 8 employees.

Place Technology was founded in 2018 and is headquartered in Austin, United States. Operations focus on the financial technology sector, where cloud-based software solutions are developed for planning and forecasting. Products such as PlaceCPM and PlaceCPM Plus are built on the Salesforce platform, incorporating features including accounting workflows, subscription management, cash forecasting, reporting, analysis, and financial planning tools. Services support business financial management processes.

Place Technology's top competitors include Up, Centage and Brightflow AI.

Place Technology has 2 investors. Key investors include Geekdom Fund, and 7BC Venture Capital.

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