About Procon Solution
Procon Solution is a company based in Glostrup (Denmark) founded in 1979 by Carl Aage Nielsen. Procon Solution has raised $493.08 thousand across 3 funding rounds from investors including IFU. The company has 14 employees as of December 31, 2022. Procon Solution offers products and services including ProTAS, Professional Services, System Implementation, and Support and Development. Procon Solution operates in a competitive market with competitors including Fareportal, Nezasa, Duffel, TravClan and Easol, among others.
- Headquarter Glostrup, Denmark
- Employees 14 as on 31 Dec, 2022
- Founders Carl Aage Nielsen
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Procon Solution A S
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Annual Revenue
$2.36 M (USD)26as on Dec 31, 2019
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Net Profit
-$81.43 K (USD)76as on Dec 31, 2019
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EBITDA
Not available
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Total Equity Funding
$493.08 K (USD)
in 3 rounds
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Latest Funding Round
$392.12 K (USD), Private Equity Round
May 21, 1999
- Investors
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Employee Count
14
as on Dec 31, 2022
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Products & Services of Procon Solution
Procon Solution offers a comprehensive portfolio of products and services, including ProTAS, Professional Services, System Implementation, and Support and Development.
Automates workflows and integrates with GDS for travel agencies
Provides expert support and business consultancy services
Offers seamless implementation of ProTAS software
Delivers ongoing support and custom integrations
Funding Insights of Procon Solution
Procon Solution has successfully raised a total of $493.08K across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $392.12 thousand completed in May 1999. 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.
Investors in Procon Solution
Procon Solution has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IFU.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm
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Investor details for Procon Solution
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Investments & Acquisitions by Procon Solution
Investment portfolio details for Procon Solution
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Financial Statements - Procon Solution
Detailed financials for Procon Solution
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Procon Solution Comparisons
Peer comparison for Procon Solution
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Competitors of Procon Solution
Procon Solution 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 Fareportal, Nezasa, Duffel, TravClan and Easol, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Technology solutions are provided to online travel agencies.
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SaaS-based software for travel planning and itinerary management is provided.
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Travel services are planned, discovered, and booked via Duffel's platform.
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| Locked | Locked | Locked |
B2B platform for travel agents to buy flights hotels packages
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Easol is recognized as an all-in-one platform for experience creators.
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An online platform is provided for designing digital travel agencies.
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Detailed competitors of Procon Solution
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Latest news on Procon Solution
Complete news archive for Procon Solution
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Frequently Asked Questions about Procon Solution
Procon Solution was founded in 1979 and raised its 1st funding round 17 years after it was founded.
Procon Solution is headquartered in Glostrup, Denmark.
Procon Solution is a funded company, having raised a total of $493.08K across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Procon Solution is 14.
Annual revenue of Procon Solution is $2.36M as on Dec 31, 2019.
Procon Solution was founded in 1979 in Glostrup, Denmark, and focuses on software for the travel industrys mid and back-office operations. Automated data capture, transfer, and processing are handled by the ProTas content loader module. Order processing, invoicing, ticketing, and credit card management are supported through ProTas Mid Office. Financial accounting is managed via ProTas Finance. These tools serve travel agencies and agents globally.
Procon Solution's top competitors include Duffel, Easol and Fareportal.
Procon Solution offers ProTAS, Professional Services, System Implementation, and Support and Development.
Procon Solution has 1 investor. Key investors include IFU.
The valuation of Procon Solution is $2.89M as of May 1999.