About PowerSteering
PowerSteering is a company based in Medford (United States) founded in 1998 was acquired by Silverback Enterprise Group in February 2012. PowerSteering has raised $3.5 million across 1 funding round from investors including MMV Financial, Advent International and Hudson Ventures. The company has 34 employees. PowerSteering operates in a competitive market with competitors including KeyedIn, CA Technologies, Planview, Clarizen and Changepoint, among others.
- Headquarter Medford, United States
- Employees 34
- SectorsTechnology
- Website powersteeringsoftware.com
- Social LinkedIn X Facebook
- Acquired by Silverback Enterprise Group (Feb 2012)
- Legal Name Powersteering Software Inc
- Total Equity Funding$3.5M (USD)
in 1 rounds
- Latest Funding Round$3.5M (USD), Series A
Apr 2008
- InvestorsMMV Financial
& 3 more
- Employee Count34
- Acquired bySilverback Enterprise Group
(Feb 2012)
Funding Insights of PowerSteering
PowerSteering has successfully raised a total of $3.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.5 million completed in April 2008. 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 $3.5M
- Total Rounds 1
- Last Round Series A — $3.5M
- First Round $3.5M
(Apr 2008)
- Investors Count 3
All 1 funding rounds of PowerSteering 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 |
|---|---|---|---|---|---|
| Apr 2008 | $3.5M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in PowerSteering
PowerSteering has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include MMV Financial, Advent International and Hudson Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America | – | mmvf.com | Toronto, Canada | |
Private equity firm focused on multiple sectors | – | adventinternational.com | Sao Paulo, Brazil | |
Early-stage tech and life sciences focused VC investment company funding companies in the US | – | hudsonventures.com | New York, United States | |
- | – | silverbackeg.com | - |
Investor details for PowerSteering
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of PowerSteering
3 dated milestones of PowerSteering across 14 years, from founding to its latest funding, stage changes and deals.
- Founded PowerSteering is founded.
- Funding First funding round of $3.5M.
- Exit Acquired by Silverback Enterprise Group.
Competitors of PowerSteering
PowerSteering 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 KeyedIn, CA Technologies, Planview, Clarizen and Changepoint, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| keyedin.com | 2011 | Minneapolis, United States | $52.27M | 47 | Project portfolio management platform | |
| ca.com | 1976 | New York, United States | – | 14 | IT infrastructure and identity management solutions are delivered for enterprises. | |
| planview.com | 1989 | Austin, United States | $25M | – | Cloud-based enterprise software for project management and collaboration is offered. | |
| clarizen.com | 2006 | San Mateo, United States | $74M | 48 | Enterprise project management and collaboration software is delivered. | |
| changepoint.com | 1994 | Richmond Hill, United States | $5.5M | 494 | Professional services automation and project portfolio management software are provided. | |
| liquidplanner.com | 2007 | Seattle, United States | $15.83M | 26 | Priority-based online project management is enabled for teams. | |
| planisware.com | 1996 | San Francisco, United States | – | 137 | Cloud-based project portfolio management software is provided for teams. | |
| dragonboat.io | 2018 | Santa Clara, United States | $15M | 13 | Cloud-based project portfolio management software is provided for teams. | |
| innotas.com | 2000 | San Francisco, United States | $25.73M | 106 | Cloud-based project portfolio management solutions are offered to enterprises. | |
| instantis.com | 1999 | Santa Clara, United States | $28.8M | – | Project portfolio management software is delivered for corporate initiatives. |
Detailed competitors of PowerSteering
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of PowerSteering
Websites that share an audience with PowerSteering (powersteeringsoftware.com).
Websites whose visitors overlap most with PowerSteering. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| daptiv.com | 100% | 3.4K | #4,768,728 | View details | |
| clarizen.com | 99% | 558.6K | #73,862 | View details | |
| planview.com | 94% | 377.1K | #163,225 | View details | |
attask.com | attask.com | 91% | – | – | – |
| epmlive.com | 79% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for PowerSteering
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 16 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to PowerSteering
10 companies that operate in the same segment as PowerSteering (Enterprise Collaboration & Video Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | – | 74 | |
Cloud-based enterprise collaboration suites are delivered for team productivity. | 2002 | Sydney, New South Wales, Australia | USD 210 M | USD 6.57 B | 13,810 | |
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.75 M | – | – | |
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 2,810 | |
Cloud-based software for enterprise collaboration and project management is provided. | 2013 | San Francisco, California, United States | USD 417.7 M | – | – | |
Cloud-based platform for project management and team tracking is offered. | 2012 | Tel Aviv, Israel | USD 234.7 M | USD 1.23 B | 2,510 | |
Integrated documents and spreadsheets are utilized for team project management. | 2014 | San Francisco, California, United States | USD 240 M | – | – | |
Cloud based suite solutions for enterprise project management | 2005 | Bellevue, Washington, United States | USD 120.59 M | – | – | |
Cloud-based file sharing and file transfer application | 2009 | Amsterdam, Netherlands | USD 63.81 M | – | – | |
Real-time communication and conversational AI solutions are provided by Agora. | 2014 | Guangzhou, Guangdong, China | USD 55 M | USD 141.43 M | 608 |
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Frequently Asked Questions about PowerSteering
PowerSteering was founded in 1998 and raised its 1st funding round 10 years after it was founded.
PowerSteering is headquartered in Medford, United States. It is registered at Medford, Oregon, United States.
PowerSteering is a funded company, having raised a total of $3.5M across 1 funding round to date. The company's 1st funding round was a Series A of $3.5M, raised on Apr 2008.
PowerSteering has 34 employees.
PowerSteering was founded in 1998 in Medford, United States, and focuses on cloud-based software for project and portfolio management. Operations cover IT governance, new product development, and general business processes through features like project tracking, idea and demand handling, resource allocation, reporting, analytics, and collaboration tools. Following acquisition, the platform is maintained under Upland Software. Services reach more than 1,200 enterprise clients and 300,000 active users across 50 countries.
PowerSteering's top competitors include CA Technologies, Planview and Clarizen.
PowerSteering has 4 investors. Key investors include MMV Financial, Advent International, Hudson Ventures, and Silverback Enterprise Group.
PowerSteering operates through Powersteering Software Inc.
Yes. PowerSteering was acquired by Silverback Enterprise Group in February 2012.