About Profitect
Profitect is a company based in Burlington (United States) founded in 2005 was acquired by Zebra in May 2019. Profitect has raised $17.47 million across 6 funding rounds from investors including Zebra, Motorola Solutions and Vertical Venture Partners. The company has 44 employees as of December 31, 2018. Profitect operates in a competitive market with competitors including Trax, RetailNext, SPINS, Crisp and Wiser, among others.
- Headquarter Burlington, United States
- Employees 44 as on 31 Dec, 2018
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Retail
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- Legal Name Profitect Inc.
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Funding Insights of Profitect
Profitect has successfully raised a total of $17.47M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $7.25 million completed in February 2017. 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 Profitect
Profitect has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Zebra, Motorola Solutions and Vertical Venture Partners.
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Early stage VC Firm investing in Israel and the US
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Investor details for Profitect
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Investments & Acquisitions by Profitect
Investment portfolio details for Profitect
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Financial Statements - Profitect
Detailed financials for Profitect
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Profitect Comparisons
Peer comparison for Profitect
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Competitors of Profitect
Profitect 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 Trax, RetailNext, SPINS, Crisp and Wiser, among others.
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Cloud-based analytics solutions for retail shelf management are delivered.
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In-store customer behavior is tracked and analyzed in real-time.
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Retail consumer analytics services are provided for natural products sector.
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Business analytics software is provided for CPG retailers and suppliers.
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Price intelligence and optimization software is provided for e-commerce retailers.
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eCommerce analytics platform is provided for online sellers.
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Detailed competitors of Profitect
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Latest news on Profitect
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Frequently Asked Questions about Profitect
Profitect was founded in 2005.
Profitect is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Profitect is a funded company, having raised a total of $17.47M across 6 funding rounds to date.
As of Dec 31, 2018, the latest employee count at Profitect is 44.
Profitect was founded in 2005 in Burlington, United States, as a technology platform focused on retail analytics. Prescriptive solutions are provided through AI and machine learning to detect patterns, boost sales, and improve margins. Operations center on data-driven decision-making with software like Profit Amplification, which optimizes revenue and cuts supply chain costs. Services encompass in-store fraud detection, asset protection, logistics productivity enhancements, and targeted marketing efforts.
Profitect's top competitors include Trax, ParallelDots and Eversight.
Profitect has 5 investors. Key investors include Zebra, Motorola Solutions, Vertical Venture Partners, Cedar Fund, and Genesis Partners.