PRGX

Atlanta, United States Founded: 1970 • Age: 56 yrs Listed Acquired By Ardian
Software platform for payables and spend management solutions is utilized.

About PRGX

PRGX is a Technology company based in Atlanta (United States) founded in 1970, and was acquired by Ardian in December 2020. Software platform for payables and spend management solutions is utilized. The company has 419 employees. PRGX has completed 1 acquisition, including Lavante. Its website prgx.com draws about 27 thousand monthly visits. Its Indian entity Prgx India Private Limited reported revenue of β‚Ή60.75 Cr. PRGX offers products and services including AP Profit Recovery, Contract Compliance, Retail Merchandise Profit Recovery, Margin Insight, and Supplier Connect. Its focus areas include FinTech, Finance & Accounting Tech, Financial Planning & Analysis and Financial Analytics. Its competitors include AppZen, Toolbox and Center; 3 of its 3 listed competitors have raised funding.

Company details

PRGX was founded in 1970 and is based in Atlanta, United States. A software-based platform is provided for account payables and spend management within the financial technology sector. Key solutions encompass merchandise analytics, payment analytics, spend analytics, deduction management, cash discounting, and fraud management. Compliance tools are also included to support operational efficiency across various financial processes.

  • Headquarters Atlanta, United States
  • Employees 419
  • Stage Acquired
  • Sectors
    Technology
  • Website category Finance · Financial Planning and Management
  • Website prgx.com
  • Social LinkedIn X
  • Acquired by Ardian (Dec 2020)
  • Legal Name Prgx India Private Limited
  • Date of Incorporation 09 Apr, 2010
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹60.75 Cr

    FY 2025 · +7% YoY

  • Indian entity net profit
    ₹7.52 Cr

    FY 2025 · 12% margin

  • Indian entity EBITDA
    ₹10.64 Cr

    FY 2025 · 18% margin

  • Latest Funding Round
    $6.25M (USD), Post-IPO

    Dec 2011

  • Investors
  • Employee Count
    419
  • Investments & Acquisitions
  • Acquired by
    Ardian

    (Dec 2020)

Products & Services of PRGX

PRGX offers a comprehensive portfolio of products and services, including AP Profit Recovery, Contract Compliance, Retail Merchandise Profit Recovery, Margin Insight, and Supplier Connect.

AP Profit Recovery
Recovery Services

Helps recover profits from accounts payable processes.

Contract Compliance
Procurement Tools

Ensures adherence to contracts for better business outcomes.

Retail Merchandise Profit Recovery
Data Intelligence

Identifies hidden opportunities in retail operations.

Margin Insight
Analytics Solutions

Analyzes vendor performance to improve business margins.

Supplier Connect
Relationship Management

Facilitates efficient supplier communication and processes.

Funding Insights of PRGX

  • Total Rounds 1
  • Last Round Post-IPO β€” $6.25M
  • First Round $6.25M

    (Dec 2011)

All 1 funding rounds of PRGX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2011$6.25MPost-IPO––
–
Valuation history

1 investors in total: 1 institutional.

Investors in PRGX

PRGX has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ardian.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private investment firm specializing in markets and partnerships.
ardian.com
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Investor details for PRGX

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Board of directors of Prgx India Private Limited (PRGX)

Prgx India Private Limited is the primary company behind PRGX. The board of Prgx India Private Limited currently have 4 directors; the longest-serving is Rodrigo Reis Hoefel, appointed in 2021. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rodrigo Reis Hoefel
DIN 09432035
Director22 Dec 20214 yrs 10 moPrgx India Private Limited
Rasika Rakesh
DIN 10049645
Director05 Apr 20233 yrs 7 moPrgx India Private Limited
Prathamesh Sadanand Purkar
DIN 10287597
Director25 Sep 20233 yrs 1 moPrgx India Private Limited
James Patrick Sly
DIN 11258129
Director18 Sep 20251 yr 1 moPrgx India Private Limited

People of PRGX

156 people are tracked at PRGX (67 in leadership, 89 in team); the tracked headcount is 419.

NameRoleGroup
Susan Vandel
Senior Director, Human ResourcesLeadership
Alicia Jackson
Chief Compliance OfficerLeadership
Jim Albrecht
VP Audit OperationsLeadership
Christophe Heurtevent
Vice-president Business Development Europe & LatamLeadership
Alex Verdusco
Vice President North America OperationsLeadership
Tom Stachowiak
CTOLeadership
Michael Lustig
CEOLeadership
Amit Dingare
Chief Artificial Intelligence OfficerLeadership
President & COOLeadership
CFOLeadership
Larry Maher
Head Of Corporate Development And StrategyLeadership
Ian Russell
Director Audit StrategyLeadership
Susan Ashby
Director Human Resources OperationsLeadership
Antonio Olivares Granados
VP Latin America And South Of EuropeLeadership
Derek Peterson
Sr Director - Global Data ServicesLeadership
Lisa Moore
Regional Vice PresidentLeadership
Pattie Q. Pan
Chief Marketing OfficerLeadership
Wade Ahmet
Regional Vice PresidentLeadership
Yixin Cai
Director Of Artificial IntelligenceLeadership
Safa H.
Data Services Director (uk/eu & Apac)Leadership

136 more people are available in the full profile.

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Financials of PRGX

Figures of Prgx India Private Limited, the primary company behind PRGX, for FY 2025. Revenue was ₹60.75 Cr (+7% year on year). Net profit was ₹7.52 Cr (12% margin). EBITDA was ₹10.64 Cr (18% margin). Revenue has grown at a compounded annual rate of +10% over three years and +10% over five years.

  • ₹60.75 CrRevenue · FY 2025 · +7% YoY
  • ₹7.52 CrNet profit · 12% margin
  • ₹10.64 CrEBITDA · 18% margin
  • ₹11.8 LakhPaid-up capital
  • 419Employees (provident fund records)
  • +10%Revenue CAGR, 3 years
  • +10%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Prgx India Private Limited are on its company page.

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Detailed financial statements for PRGX

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Investments & Acquisitions by PRGX

PRGX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lavante.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Supplier onboarding and compliance automation is provided by Lavante.
lavante.comSan Jose, United States2001Oct 2016β€’β€’β€’β€’
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Timeline of PRGX

5 dated milestones of PRGX across 50 years, from founding to its latest funding, stage changes and deals.

  1. Founded PRGX is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $6.2M.
  4. Acquisition Acquires Lavante.
  5. Exit Acquired by Ardian.

Competitors of PRGX

PRGX has 3 listed competitors in our database, 3 of them funded. They include AppZen, Toolbox and Center.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
appzen.com2012Sunnyvale, United States$282.51M141
Personal Assistant for Expense Management
trytoolbox.com2019Boston, United States$7.84M
Construction professionals are matched with projects via an online marketplace.
getcenter.com2014Bellevue, United States$105.98M
AI-based expense management software is utilized for reporting and auditing.
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Detailed competitors of PRGX

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Web traffic of PRGX

The website of PRGX (prgx.com) receives about 26.7K visits a month and ranks #822,193 among all websites worldwide, #8,873 in Financial Planning and Management.

  • Monthly visits
    26.7K

    ▼ 27.1% vs previous month

  • Unique visitors
    11.4K

    per month

  • Global rank
    #822,193

    among all websites

  • Category rank
    #8,873

    Finance · Financial Planning and Management

Similar websites

Websites whose visitors overlap most with PRGX. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
firstauditpartners.com
firstauditpartners.com
100%
–
apexanalytix.com
100%
40.7K#640,061View details
equifax.com
96%
9.6M#4,691View details
compucredit.com
compucredit.com
96%
–
advaloremtax.net
advaloremtax.net
94%
#10,028,373–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Finance & Accounting Applications

3 companies that operate in the same segment as PRGX (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
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Related news about Prgx

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Frequently Asked Questions about PRGX

PRGX was founded in 1970 and raised its 1st funding round 41 years after it was founded.

PRGX is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

PRGX has 419 employees.

The primary company behind PRGX, Prgx India Private Limited, reported revenue of β‚Ή60.75 Cr for FY 2025, up 7% year on year.

PRGX was founded in 1970 and is based in Atlanta, United States. A software-based platform is provided for account payables and spend management within the financial technology sector. Key solutions encompass merchandise analytics, payment analytics, spend analytics, deduction management, cash discounting, and fraud management. Compliance tools are also included to support operational efficiency across various financial processes.

PRGX's top competitors include AppZen, Center and Toolbox.

PRGX offers AP Profit Recovery, Contract Compliance, Retail Merchandise Profit Recovery, Margin Insight, and Supplier Connect.

PRGX has made 1 acquisition, including Lavante.

PRGX has 1 investor. Key investors include Ardian.

PRGX operates through Prgx India Private Limited.

Yes. PRGX was acquired by Ardian in December 2020.

The legal entities of PRGX currently have 4 directors, including Rodrigo Reis Hoefel, Rasika Rakesh, James Patrick Sly and others.

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