About Profitbase
Profitbase is a company based in Sandnes (Norway) founded in 1991 was acquired by Hypergene in May 2025. Profitbase has raised $100 thousand across 2 funding rounds from investors including Hypergene and Ogreid Eiendom. The company has 19 employees as of December 31, 2021. Profitbase offers products and services including CFO Platform, Financial Reporting Matrix, Risk Matrix, and Gantt Chart. Profitbase operates in a competitive market with competitors including Anaplan, Workday Adaptive Planning, Vena Marketing, Planful and Pigment, among others.
- Headquarter Sandnes, Norway
- Employees 19 as on 31 Dec, 2021
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$2.6 M (USD)-1as on Dec 31, 2021
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Net Profit
-$595.97 K (USD)-1611as on Dec 31, 2021
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EBITDA
-$851.64 K (USD)-571as on Dec 31, 2021
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Total Equity Funding
$100 K (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Hypergene
& 1 more
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Employee Count
19
as on Dec 31, 2021
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Acquired by
Hypergene
(May 18, 2025)
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Products & Services of Profitbase
Profitbase offers a comprehensive portfolio of products and services, including CFO Platform, Financial Reporting Matrix, Risk Matrix, and Gantt Chart.
Tool for budgeting, forecasting, and risk management in enterprises.
Custom visual for matrix reports in Power BI.
Enables risk assessment and prioritization.
Interactive chart for project tracking and timelines.
Funding Insights of Profitbase
Profitbase has successfully raised a total of $100K across 2 strategic funding rounds. 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 Profitbase
Profitbase has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hypergene and Ogreid Eiendom.
| Investor | Description | Founded Year | Domain | Location |
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Business center rental services are provided in Norway.
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Locked | Locked | Locked | |
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Cloud-based enterprise collaboration platform for project management
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Investor details for Profitbase
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Profitbase
Investment portfolio details for Profitbase
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - Profitbase
Detailed financials for Profitbase
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Profitbase Comparisons
Peer comparison for Profitbase
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Profitbase
Profitbase 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 Anaplan, Workday Adaptive Planning, Vena Marketing, Planful and Pigment, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Operational planning and forecasting solutions are offered to businesses.
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Cloud-based financial planning and analytics are delivered via SaaS.
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AI-powered financial planning and accounting software is offered.
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| Locked | Locked | Locked |
Cloud-based financial planning and advisory solutions are provided for businesses.
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| Locked | Locked | Locked |
A platform for business planning and project management is offered.
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| Locked | Locked | Locked |
Expense management solutions are delivered via a software platform.
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Detailed competitors of Profitbase
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Profitbase
Complete news archive for Profitbase
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Frequently Asked Questions about Profitbase
Profitbase was founded in 1991 and raised its 1st funding round 18 years after it was founded.
Profitbase is headquartered in Sandnes, Norway. It is registered at Sandnes, Rogaland, Norway.
Rune Vatnamot is the current CEO of Profitbase.
Profitbase is a funded company, having raised a total of $100K across 2 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Profitbase is 19.
Annual revenue of Profitbase is $2.6M as on Dec 31, 2021.
Profitbase was founded in 1991 in Sandnes, Norway, and operates within the business intelligence sector. Corporate performance management tools, encompassing budgeting, forecasting, financial simulation, data warehousing, and reporting, are delivered to sectors such as retail, shipping, oil and gas, healthcare, and manufacturing across global markets. Notable clients served include Petro-Canada, Grilstad, and Levis.
Profitbase's top competitors include Workday Adaptive Planning, Vena Marketing and Anaplan.
Profitbase offers CFO Platform, Financial Reporting Matrix, Risk Matrix, and Gantt Chart.
Profitbase has 2 investors. Key investors include Hypergene, and Ogreid Eiendom.