About PowerReviews
PowerReviews is a company based in Chicago (United States) founded in 2005 was acquired by 1WorldSync in August 2023.. PowerReviews has raised $90.73 million across 9 funding rounds from investors including 1WorldSync, Viewpoints and ABS Capital. The company has 121 employees as of December 31, 2021. PowerReviews has completed 1 acquisition, including BzzAgent. PowerReviews offers products and services including Ratings & Reviews, UGC Syndication, Product Sampling, UGC Analytics, and PowerSocial. PowerReviews operates in a competitive market with competitors including Reputation, Bazaarvoice, BirdEye, Launchmetrics and TrustYou, among others.
- Headquarter Chicago, United States
- Employees 121 as on 31 Dec, 2021
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Sectors
TechnologyRetail
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Phone
*********
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Website
*********
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Social
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- Legal Name Powerreviews, 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
$90.73 M (USD)
in 9 rounds
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Latest Funding Round
$7.6 M (USD), Series C
Oct 30, 2020
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Investors
1WorldSync
& 8 more
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Employee Count
121
as on Dec 31, 2021
- Investments & Acquisitions
- Acquired by
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Products & Services of PowerReviews
PowerReviews offers a comprehensive portfolio of products and services, including Ratings & Reviews, UGC Syndication, Product Sampling, UGC Analytics, and PowerSocial. 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.
Platform for gathering and managing user ratings and reviews for e-commerce
Service to distribute user-generated content across platforms
Program for collecting verified reviews through product trials
Tools for analyzing sentiment and performance of user content
Features for sharing and amplifying user-generated content
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Software Development Team
15 people
Sales and Marketing
11 people
Leadership Team
5 people
Human Resources and Administration
5 people
Finance and Accounting
4 people
Data Analysis and Operations Team
4 people
Account Team
3 people
Product Management Team
3 people
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Funding Insights of PowerReviews
PowerReviews has successfully raised a total of $90.73M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $7.6 million completed in October 2020. 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 9
- Last Round Series C — $7.6M
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First Round
First Round
(01 Dec 2005)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2020 | Amount | Series C - PowerReviews | Valuation |
investors |
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| Apr, 2018 | Amount | Series B - PowerReviews | Valuation |
investors |
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| Jul, 2014 | Amount | Series B - PowerReviews | Valuation | ABS Capital |
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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 PowerReviews
PowerReviews has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include 1WorldSync, Viewpoints and ABS Capital. 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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Founded Year | Domain | Location | |
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Tech focused expansion stage VC firm in the US
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Founded Year | Domain | Location | |
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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 PowerReviews
PowerReviews has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BzzAgent. 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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Word of mouth marketing and social advocacy platform
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2002 |
| 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 - PowerReviews
| 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 |
Powerreviews Comparisons
Competitors of PowerReviews
PowerReviews 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 Reputation, Bazaarvoice, BirdEye, Launchmetrics and TrustYou, 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 |
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| domain | founded_year | HQ Location |
Cloud-based reputation management is offered for businesses via online channels.
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| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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Cloud based platform offering software for reputation management and customer experience solutions
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| domain | founded_year | HQ Location |
Provider of Brand Performance Solutions
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| domain | founded_year | HQ Location |
Cloud-based reputation management solutions are offered for hospitality industries.
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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 Powerreviews
Frequently Asked Questions about PowerReviews
When was PowerReviews founded?
PowerReviews was founded in 2005.
Where is PowerReviews located?
PowerReviews is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of PowerReviews?
Mark Dillon is the current CEO of PowerReviews.
Is PowerReviews a funded company?
PowerReviews is a funded company, having raised a total of $90.73M across 9 funding rounds to date. The company's 1st funding round was a Series B of $35M, raised on Dec 01, 2005.
How many employees does PowerReviews have?
As of Dec 31, 2021, the latest employee count at PowerReviews is 121.
What does PowerReviews do?
PowerReviews was founded in 2005 in Chicago, United States, focusing on software for customer engagement. Brands are assisted in interacting with customers across purchase stages through review-based insights. Reviews are collected, analyzed, and syndicated to Google and over 5,000 websites, supporting more than 1,000 clients including National Geographic and iRobot. Buzzillions is maintained as a consumer site for product reviews and recommendations. Acquisition by Bazaarvoice took place in 2012.
Who are the top competitors of PowerReviews?
PowerReviews's top competitors include Bazaarvoice, Reputation and BirdEye.
What products or services does PowerReviews offer?
PowerReviews offers Ratings & Reviews, UGC Syndication, Product Sampling, UGC Analytics, and PowerSocial.
How many acquisitions has PowerReviews made?
PowerReviews has made 1 acquisition, including BzzAgent.
Who are PowerReviews's investors?
PowerReviews has 9 investors. Key investors include 1WorldSync, Viewpoints, ABS Capital, Four Rivers Group, and Woodside Fund.