About PRO*ACT
PRO*ACT is a company based in Monterey (United States) founded in 1991.. PRO*ACT has raised $18.75 million across 1 funding round. PRO*ACT offers products and services including Fresh Produce Sourcing and Logistics Services.
- Headquarter Monterey, United States
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pro*Act Usa
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.75 M (USD)
in 1 rounds
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Latest Funding Round
$18.75 M (USD), Series B
Apr 15, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of PRO*ACT
PRO*ACT offers a comprehensive portfolio of products and services, including Fresh Produce Sourcing and Logistics Services. 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.
Fresh produce is sourced and distributed by PRO*ACT to bridge the gap between farms and kitchens, ensuring availability and quality for various stakeholders.
Logistics services are managed by PRO*ACT to facilitate seamless distribution and operational efficiency for suppliers and distributors.
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Funding Insights of PRO*ACT
PRO*ACT has successfully raised a total of $18.75M through 1 strategic funding round. The most recent funding activity was a Series B round of $18.75 million completed in April 2022. 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 Series B — $18.8M
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First Round
First Round
(15 Apr 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series B - PRO*ACT | Valuation |
investors |
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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 |
Investments & Acquisitions by PRO*ACT
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - PROACT
| 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 |
Pro*Act Comparisons
Competitors of PRO*ACT
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about PRO*ACT
When was PRO*ACT founded?
PRO*ACT was founded in 1991 and raised its 1st funding round 31 years after it was founded.
Where is PRO*ACT located?
PRO*ACT is headquartered in Monterey, United States. It is registered at Monterey, California, United States.
Who is the current CEO of PRO*ACT?
Chip Walker is the current CEO of PRO*ACT.
Is PRO*ACT a funded company?
PRO*ACT is a funded company, having raised a total of $18.75M across 1 funding round to date. The company's 1st funding round was a Series B of $18.75M, raised on Apr 15, 2022.
What does PRO*ACT do?
PROACT was established in 1991 in Monterey, United States, as a distributor in the fresh produce sector. Operations involve sourcing and delivering fruits and vegetables to foodservice providers and retailers across the country. Supply chain logistics are managed to ensure timely access to quality produce. The company is led by CEO Chip Walker, with activities centered on efficient distribution from its U.S. base.
What products or services does PRO*ACT offer?
PRO*ACT offers Fresh Produce Sourcing and Logistics Services.