About PowerPlan
PowerPlan is a company based in Atlanta (United States) founded in 1994 by Mark E Heinemann and Patricia Pelling was acquired by Roper Technologies in May 2018.. PowerPlan has raised $110.1 million across 1 funding round from investors including TPG, Thoma Bravo and Roper Technologies. PowerPlan offers products and services including Tax Fixed Assets, Project and Asset Accounting, and Rate Case Support. PowerPlan operates in a competitive market with competitors including BlackLine, Wolters Kluwer, Digits, HighRadius and AccountsIQ, among others.
- Headquarter Atlanta, United States
- Founders Mark E Heinemann, Patricia Pelling
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Sectors
Technology
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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 Powerplan, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$110.1 M (USD)
in 1 rounds
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Latest Funding Round
$110.1 M (USD), Private Equity Round
Feb 17, 2010
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Investors
TPG
& 3 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of PowerPlan
PowerPlan offers a comprehensive portfolio of products and services, including Tax Fixed Assets, Project and Asset Accounting, and Rate Case Support. 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.
Software for managing and optimizing fixed asset taxes
Tools for tracking and accounting project assets
Solutions for regulatory reporting and recovery analysis
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Funding Insights of PowerPlan
PowerPlan has successfully raised a total of $110.1M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $110.1 million completed in February 2010. 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 Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $110.1M
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First Round
First Round
(17 Feb 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2010 | Amount | Private Equity Round - PowerPlan | Valuation | TPG , JMI Management |
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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 PowerPlan
PowerPlan has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include TPG, Thoma Bravo and Roper Technologies. 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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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Private equity firm investing in software companies
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Founded Year | Domain | Location | |
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Software and technology-enabled services companies are targeted for investment.
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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 PowerPlan
| 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 |
Financial Statements - PowerPlan
| 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 |
Powerplan Comparisons
Competitors of PowerPlan
PowerPlan 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 BlackLine, Wolters Kluwer, Digits, HighRadius and AccountsIQ, 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 |
AI-based accounting processes are automated for businesses.
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| domain | founded_year | HQ Location |
Enterprise legal processes are managed via an AI-powered platform.
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| domain | founded_year | HQ Location |
SMS-based customer authentication and verification services are provided across platforms.
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| domain | founded_year | HQ Location |
Autonomous finance and payment solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Cloud-native group accounting platform with automation intelligence is utilized.
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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 Powerplan
Frequently Asked Questions about PowerPlan
When was PowerPlan founded?
PowerPlan was founded in 1994 and raised its 1st funding round 16 years after it was founded.
Where is PowerPlan located?
PowerPlan is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is PowerPlan a funded company?
PowerPlan is a funded company, having raised a total of $110.1M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $110.1M, raised on Feb 17, 2010.
What does PowerPlan do?
PowerPlan was founded in 1994 and is headquartered in Atlanta, United States. An integrated suite of solutions for asset-centric accounting, tax compliance, and budgeting is provided by the company. Services encompass lease accounting, asset management optimization, capital planning, forecasting, and project portfolio cost management. These tools are utilized by asset-intensive sectors such as utilities, oil and gas, transportation, telecommunications, and mining to address cash generation, risk mitigation, and cost controls.
Who are the top competitors of PowerPlan?
What products or services does PowerPlan offer?
PowerPlan offers Tax Fixed Assets, Project and Asset Accounting, and Rate Case Support.
Who are PowerPlan's investors?
PowerPlan has 4 investors. Key investors include TPG, Thoma Bravo, Roper Technologies, and JMI Management.
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