About PlumChoice
PlumChoice is a company based in Lowell (United States) founded in 2001 by Ted Werth was acquired by Allstate in November 2018. 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. PlumChoice operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Lowell, United States
- Founders Ted Werth
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Sectors
Technology
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Email
Locked
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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
$59.02 M (USD)
in 10 rounds
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Latest Funding Round
Not available
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Investors
SVB
& 6 more
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Employee Count
Not available
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Investments & Acquisitions
Everon IT Support
& 1 more
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Acquired by
Allstate
(Nov 08, 2018)
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People of PlumChoice
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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.
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 |
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Provider of a growth equity firm for adaptive and personalized plans
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Locked | Locked | Locked | |
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Private equity investments are made in digital infrastructure and technology services.
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Locked | Locked | Locked | |
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Various sectors are invested in by the private equity firm.
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Locked | Locked | Locked |
Investor details for PlumChoice
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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.
Investment portfolio details for PlumChoice
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- Portfolio identities
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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IT support and services are provided for small businesses by Everon.
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Locked | Locked | 2003 | Locked | |
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Limited information on Tific's core activities is available.
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Locked | Locked | 1999 | Locked |
Complete acquisition details for PlumChoice
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Financial Statements - PlumChoice
Detailed financials for PlumChoice
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Plumchoice Comparisons
Peer comparison for PlumChoice
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Competitors of PlumChoice
PlumChoice 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of PlumChoice
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Latest news on 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 current CEO of PlumChoice.
PlumChoice is a funded company, having raised a total of $59.02M across 10 funding rounds to date.
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's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
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.