About Prime Advantage
Prime Advantage is a company based in Chicago (United States) founded in 1997, and was acquired by OMNIA Partners in June 2017. Online educational resources are provided for educators, students, and parents. Prime Advantage has raised $27.25 million across 2 funding rounds from investors including OMNIA Partners, Piper Jaffray and Olympus Partners. Prime Advantage offers products and services including Group Purchasing Contracts and Data and Spend Analytics. Its legal entity is OMNIA Partners.
Company details
Founded in 1997 and based in Chicago, United States, Prime Advantage operates in the education sector. An online platform is maintained to deliver resources and tools tailored for educational leaders, teachers, students, and parents. Access occurs through a dedicated portal, with a payment page integrated for transactions. Operations focus on supporting learning processes across user roles.
- Headquarters Chicago, United States
- Stage Acquired
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website primeadvantage.com
- Social LinkedIn X YouTube
- Acquired by OMNIA Partners (Jun 2017)
- Legal Name Omnia Partners
- Total Equity Funding$27.25M (USD)
in 2 rounds
- Latest Funding Round$4.25M (USD), Series B
Oct 2008
- InvestorsOMNIA Partners
& 3 more
- Acquired byOMNIA Partners
(Jun 2017)
Products & Services of Prime Advantage
Prime Advantage offers a comprehensive portfolio of products and services, including Group Purchasing Contracts and Data and Spend Analytics.
Contracts for products and services are offered to members to streamline buying processes and achieve volume discounts
Business intelligence tools are provided to deliver insights for strategic procurement decisions
Apps and channels of Prime Advantage
its YouTube channel OMNIA Partners has 224 subscribers and 30 videos.
Videos from Prime Advantage
The most watched videos on Prime Advantage's YouTube channel, OMNIA Partners (224 subscribers). Click a video to play it here.
More on OMNIA Partners.
Funding Insights of Prime Advantage
Prime Advantage has successfully raised a total of $27.25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $4.25 million completed in October 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 $27.25M
- Total Rounds 2
- Last Round Series B β $4.25M
- First Round $23M
(Aug 2000)
- Investors Count 3
All 2 funding rounds of Prime Advantage 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 |
|---|---|---|---|---|---|
| Oct 2008 | $4.25M | Series B | β | β | β |
| Aug 2000 | $23M | Series B | β | Olympus Partners |
4 investors in total: 4 institutional.
Investors in Prime Advantage
Prime Advantage has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include OMNIA Partners, Piper Jaffray and Olympus Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments and decision-making processes are managed in the finance sector. | olympuspartners.com | |||
| csfb.com | ||||
Middle market focused investment bank | 1895 | piperjaffray.com | Minneapolis, United States | |
Provider of procurement and supply chain management services | 2011 | omniapartners.com | Franklin, United States |
Investor details for Prime Advantage
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 Prime Advantage
4 dated milestones of Prime Advantage across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Prime Advantage is founded.
- Funding First funding round of $23.0M.
- Funding Latest funding round, Series B, of $4.2M.
- Exit Acquired by OMNIA Partners.
Web traffic of Prime Advantage
Websites that share an audience with Prime Advantage (primeadvantage.com).
Websites whose visitors overlap most with Prime Advantage. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| primevision.com | 90% | 5.9K | View details |
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Frequently Asked Questions about Prime Advantage
Prime Advantage was founded in 1997 and raised its 1st funding round 3 years after it was founded.
Prime Advantage is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Prime Advantage is a funded company, having raised a total of $27.25M across 2 funding rounds to date. The company's 1st funding round was a Series B of $23M, raised on Aug 2000.
Founded in 1997 and based in Chicago, United States, Prime Advantage operates in the education sector. An online platform is maintained to deliver resources and tools tailored for educational leaders, teachers, students, and parents. Access occurs through a dedicated portal, with a payment page integrated for transactions. Operations focus on supporting learning processes across user roles.
Prime Advantage offers Group Purchasing Contracts and Data and Spend Analytics.
Prime Advantage has 4 investors. Key investors include OMNIA Partners, Piper Jaffray, Olympus Partners, and Credit Suisse First Boston.
Prime Advantage operates through Omnia Partners.
Yes. Prime Advantage was acquired by OMNIA Partners in June 2017.
