About PlumChoice
PlumChoice is a Technology company based in Lowell (United States) founded in 2001 by Ted Werth, and was acquired by Allstate in November 2018. Technical support for PCs, devices, and networking is provided. PlumChoice has raised $59.02 million across 10 funding rounds from investors including SVB, Allstate and Comerica. PlumChoice has completed 2 acquisitions, including Everon IT Support and Tific. Its chief executive, as recorded, is David Shimoni. Its focus areas include Business Services, IT Services and Suite. Its competitors include 1&1 IONOS, Genpact and Epam; 1 of its 3 listed competitors has raised funding.
Company details
Founded in 2001 and based in Lowell, United States, PlumChoice operates in the technical support sector. Virtual assistance is offered for PCs, digital cameras, iPods, MP3 players, and wireless networking. White-label services are provided to cloud and Internet of Things companies. At-home diagnosis and repair for PCs are also available.
- Headquarters Lowell, United States
- Founders Ted Werth
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website plumchoice.com
- Social LinkedIn X
- Acquired by Allstate (Nov 2018)
- Total Equity Funding$59.02M (USD)
in 10 rounds
- InvestorsSVB
& 6 more
- Investments & AcquisitionsEveron IT Support
& 1 more
- Acquired byAllstate
(Nov 2018)
Funding Insights of PlumChoice
PlumChoice has successfully raised a total of $59.02M across 10 strategic funding rounds. 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 $59.02M
- Total Rounds 10
- First Round $300,000
(Oct 2004)
- Investors Count 6
All 10 funding rounds of PlumChoice with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | Series C | – | – | ||
| May 2012 | $8.55M | Series C | – | – | – |
| May 2011 | $25.6M | Series C | – | – | |
| Dec 2009 | $10M | Debt – Conventional | – | – | |
| Sep 2009 | Debt – Conventional | – | – | – | |
| Sep 2009 | $14.76M | Series B | – | Edison Partners | – |
| Dec 2008 | $7M | Series A | – | Edison Partners | – |
| Apr 2008 | $2.8M | Series A | – | – | |
| Aug 2005 | $310,000 | Seed | – | – | – |
| Oct 2004 | $300,000 | Debt – Conventional | – | – | – |
7 investors in total: 7 institutional.
Investors in PlumChoice
PlumChoice has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Allstate and Comerica.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of a growth equity firm for adaptive and personalized plans | edisonpartners.com | Princeton, United States | ||
Private equity investments are made in digital infrastructure and technology services. | mcpartners.com | Boston, United States | ||
Various sectors are invested in by the private equity firm. | goldhillcapital.com | San Jose, United States | ||
Venture debt firm that does debt investment in the US | eastwardcp.com | Newton, United States | ||
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
Commercial banking services are provided to businesses and individuals. | 1849 | comerica.com | Dallas, United States | |
Online insurance for life, property, auto, and business is provided. | 1931 | allstate.com | Chicago, United States |
Investor details for PlumChoice
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- Investor portfolios
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Verified entity values are shown only after access is granted.
People of PlumChoice
21 people are tracked at PlumChoice (3 in leadership, 18 in team).
| Name | Role | Group |
|---|---|---|
Ted Werth | Founder | Leadership |
David Shimoni | CEO & President | Leadership |
Tim Mancour | Director Of Engineering | Leadership |
Steven Miller | IT Technical Support | Team |
Jd Lucas | Senior Systems Administrator | Team |
J. Adam Bookman | Manager, Technical Innovation And Delivery | Team |
Emmanuel Yoyo | Information Technician - | Team |
Alex Ospina | Analyst | Team |
Kevin Lanchester | Associate System Administrator | Team |
Erdo Kilic | Network Engineer | Team |
Jim Martel | Release Engineer | Team |
Michael G. | Technical Support Representive | Team |
Edwin Estevez | Care/sales/solutions/retention | Team |
Carl Rodgers | IT Business Remote Desktop Support | Team |
Laurie Holmes | Quality Assurance/technical Analyst | Team |
Sherry Regan | Call Center Lead | Team |
Robert Walters | Remote Support Technician | Team |
Ashley Marchesi | Care Solutions Sales Agent | Team |
Paul Rhoads | Enterprise Administrator | Team |
Elizabeth H. | Software Engineer | Team |
1 more people are available in the full profile.
Complete people profiles for PlumChoice
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
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Investments & Acquisitions by PlumChoice
PlumChoice has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Everon IT Support and Tific.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Limited information on Tific's core activities is available. | tific.com | Gothenburg, Sweden | 1999 | May 2011 | •••• | |
IT support and services are provided for small businesses by Everon. | everonit.com | Boston, United States | 2003 | Nov 2010 | •••• |
Complete acquisition details for PlumChoice
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- Acquired stakes
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- Complete history
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Timeline of PlumChoice
6 dated milestones of PlumChoice across 17 years, from founding to its latest funding, stage changes and deals.
- Founded PlumChoice is founded.
- Funding First funding round of $300K.
- Acquisition Acquires Everon IT Support.
- Acquisition Acquires Tific.
- Funding Latest funding round, Series C,.
- Exit Acquired by Allstate.
Competitors of PlumChoice
PlumChoice has 3 listed competitors in our database, 1 of them funded. They include 1&1 IONOS, Genpact and Epam.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| epam.com | 1993 | Newtown Square, United States | $50M | Provider of software development, data analytics, and other IT suite services |
Detailed competitors of PlumChoice
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- Full competitor set
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Web traffic of PlumChoice
Websites that share an audience with PlumChoice (plumchoice.com).
Websites whose visitors overlap most with PlumChoice. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| inforonics.com | 100% | View details | |||
support.microsoft.com | support.microsoft.com | 89% | – | ||
| bomgar.com | 82% | View details | |||
| aware.com | 64% | 42.9K | #618,944 | View details | |
gccprinters.com | gccprinters.com | 64% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for PlumChoice
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in IT Services & Operations
3 companies that operate in the same segment as PlumChoice (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Plumchoice
Complete news archive for PlumChoice
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Frequently Asked Questions about PlumChoice
PlumChoice was founded in 2001 and raised its 1st funding round 3 years after it was founded.
PlumChoice is headquartered in Lowell, United States. It is registered at Lowell, Massachusetts, United States.
David Shimoni is the CEO of PlumChoice, as recorded in our data.
PlumChoice is a funded company, having raised a total of $59.02M across 10 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $300K, raised on Oct 2004.
Founded in 2001 and based in Lowell, United States, PlumChoice operates in the technical support sector. Virtual assistance is offered for PCs, digital cameras, iPods, MP3 players, and wireless networking. White-label services are provided to cloud and Internet of Things companies. At-home diagnosis and repair for PCs are also available.
PlumChoice has made 2 acquisitions, including Everon IT Support, and Tific.
PlumChoice has 7 investors. Key investors include SVB, Allstate, Comerica, Edison Partners, and MC Partners.
Yes. PlumChoice was acquired by Allstate in November 2018.