About ProcessMAP
ProcessMAP is a company based in Fort Lauderdale (United States) founded in 2000 was acquired by Ideagen in October 2022.. ProcessMAP has raised $7.02 million across 1 funding round from investors including Hg and Ideagen. The company has 204 employees as of April 02, 2024. ProcessMAP offers products and services including Ideagen EHS, Huddle, Mail Manager, CompliSpace, and WorkRite. ProcessMAP operates in a competitive market with competitors including Sphera Solutions, Intelex, Evotix, ComplianceQuest and Cority, among others.
- Headquarter Fort Lauderdale, United States
- Employees 204 as on 02 Apr, 2024
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Processmap India Private Limited
- Date of Incorporation 22 Jun, 2015
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$6.23 M (USD)-21.92as on Mar 31, 2023
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Net Profit
$789.76 K (USD)7.97as on Mar 31, 2023
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EBITDA
$1.25 M (USD)-27.03as on Mar 31, 2023
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Total Equity Funding
$7.02 M (USD)
in 1 rounds
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Latest Funding Round
$7.02 M (USD), Private Equity Round
Jan 05, 2022
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Investors
Hg
& 1 more
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Employee Count
204
as on Apr 02, 2024
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Acquired by
Ideagen
(Oct 05, 2022)
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Products & Services of ProcessMAP
ProcessMAP offers a comprehensive portfolio of products and services, including Ideagen EHS, Huddle, Mail Manager, CompliSpace, and WorkRite. 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.
Manages environmental health and safety risks in real-time.
Enables secure document sharing for regulated industries.
Improves productivity through email organization tools.
Handles policy and learning management for compliance.
Manages workplace training and regulatory requirements.
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Software Development Team
70 people
Sales and Marketing
42 people
Product Management Team
26 people
Finance and Accounting
16 people
Leadership Team
15 people
Human Resources and Administration
10 people
Head Team
7 people
Operations Team
7 people
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Funding Insights of ProcessMAP
ProcessMAP has successfully raised a total of $7.02M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $7.02 million completed in January 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 Private Equity Round — $7.0M
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First Round
First Round
(05 Jan 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Private Equity Round - ProcessMAP | Valuation | Hg |
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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 ProcessMAP
ProcessMAP has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Hg and Ideagen. 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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Private equity investments in Europe are managed by Hg.
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Founded Year | Domain | Location | |
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Ideagen is recognized as a provider of governance, risk, and compliance software solutions.
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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 ProcessMAP
| 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 |
Financial Statements - ProcessMAP
| 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 |
Processmap Comparisons
Competitors of ProcessMAP
ProcessMAP 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 Sphera Solutions, Intelex, Evotix, ComplianceQuest and Cority, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based QEHS and operational risk software is provided.
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| domain | founded_year | HQ Location |
EHS and quality management software is provided for manufacturing.
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| domain | founded_year | HQ Location |
Cloud based integrated EHS compliance management software provider
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| domain | founded_year | HQ Location |
AI and cloud-based quality management system for enterprises is provided.
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| domain | founded_year | HQ Location |
Cloud-based QEHS software solutions are provided for enterprises.
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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 Processmap
Frequently Asked Questions about ProcessMAP
When was ProcessMAP founded?
ProcessMAP was founded in 2000 and raised its 1st funding round 22 years after it was founded.
Where is ProcessMAP located?
ProcessMAP is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
Is ProcessMAP a funded company?
ProcessMAP is a funded company, having raised a total of $7.02M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $7.02M, raised on Jan 05, 2022.
How many employees does ProcessMAP have?
As of Apr 02, 2024, the latest employee count at ProcessMAP is 204.
What is the annual revenue of ProcessMAP?
Annual revenue of ProcessMAP is $6.23M as on Mar 31, 2023.
What does ProcessMAP do?
Founded in 2000, ProcessMAP offers cloud-based enterprise software focused on managing risks in employee health and safety. Solutions are delivered to global conglomerates and mid-sized firms across multiple sectors, including manufacturing, pharmaceuticals, and aviation. Operations are centered in Fort Lauderdale, Florida, USA, with services extending worldwide to clients such as John Deere, Goodyear, and Cardinal Health. Compliance and risk mitigation tools are integrated for efficient oversight.
Who are the top competitors of ProcessMAP?
ProcessMAP's top competitors include Intelex, Sphera Solutions and Enablon.
What products or services does ProcessMAP offer?
ProcessMAP offers Ideagen EHS, Huddle, Mail Manager, CompliSpace, and WorkRite.
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