About Profit
Profit is a company based in Fremont (United States) founded in 2010 by Bastin Gerald. Profit has raised $9 million across 2 funding rounds from investors including Elevation Capital. The company has 164 employees as of January 27, 2025. Profit offers products and services including OKR Management Software, Performance Management Software, Task Management Software, and Employee Engagement Software. Profit operates in a competitive market with competitors including Workday, Kronos, People Strong, Paylocity and Ceridian, among others.
- Headquarter Fremont, United States
- Employees 164 as on 27 Jan, 2025
- Founders Bastin Gerald
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Profit Apps India Private Limited
- Date of Incorporation 10 Nov, 2021
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$2.39 M (USD)17.13as on Mar 31, 2024
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Net Profit
$235.89 K (USD)998.44as on Mar 31, 2024
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EBITDA
$313.82 K (USD)401.75as on Mar 31, 2024
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Total Equity Funding
$9 M (USD)
in 2 rounds
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Latest Funding Round
$9 M (USD), Series B
Aug 01, 2022
- Investors
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Employee Count
164
as on Jan 27, 2025
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Products & Services of Profit
Profit offers a comprehensive portfolio of products and services, including OKR Management Software, Performance Management Software, Task Management Software, and Employee Engagement Software.
Tool for setting and tracking objectives to align strategies and measure progress.
Platform for monitoring team performance and conducting reviews effectively.
System to organize tasks and workflows aligned with company goals.
Software for rewards, surveys, and feedback to boost workplace motivation.
People of Profit
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Funding Insights of Profit
Profit has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $9 million completed in August 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.
Investors in Profit
Profit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Elevation Capital.
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Elevation Capital is focused on early-stage tech investments in India.
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Investor details for Profit
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Profit
Investment portfolio details for Profit
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Financial Statements - Profit
Detailed financials for Profit
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Profit Comparisons
Peer comparison for Profit
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Competitors of Profit
Profit 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 Workday, Kronos, People Strong, Paylocity and Ceridian, among others.
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Cloud-based HR and financial software is delivered to enterprises.
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HCM software solutions for enterprise workforce management are provided.
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Cloud-based human resource management software is offered.
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Cloud-based payroll and HR solutions are provided for businesses.
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Cloud-based human capital management software is provided for enterprises.
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Cloud-based human capital management software is delivered globally.
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Detailed competitors of Profit
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Latest news on Profit
Complete news archive for Profit
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Frequently Asked Questions about Profit
Profit was founded in 2010 and raised its 1st funding round 12 years after it was founded.
Profit is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Profit is a funded company, having raised a total of $9M across 2 funding rounds to date.
As of Jan 27, 2025, the latest employee count at Profit is 164.
Annual revenue of Profit is $2.39M as on Mar 31, 2024.
Profit was founded in 2010 in Fremont, United States, as a provider of cloud-based performance management software. Goal management is facilitated through features including task management, OKR tracking, employee engagement tools, and performance evaluation. The platform is accessible via applications on the Google Play Store and Apple App Store. Operations are supported by subscription-based pricing models in the software sector.
Profit's top competitors include Workday, SuccessFactors and GreytHR.
Profit offers OKR Management Software, Performance Management Software, Task Management Software, and Employee Engagement Software.
Profit has 1 investor. Key investors include Elevation Capital.