About ProfitLine
ProfitLine is a company based in San Diego (United States) founded in 1992 was acquired by Tangoe in December 2011.. ProfitLine has raised $32 million across 3 funding rounds from investors including Tangoe, FTV Capital and Menlo Ventures. ProfitLine offers products and services including Tangoe One Analytics, Telecom Invoice Audit, Mobile Device Management, and Cloud Optimization. ProfitLine operates in a competitive market with competitors including Tangoe, Visage Mobile, Gigs, Rivermine and WidePoint, among others.
- Headquarter San Diego, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Profitline Inc
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Products & Services of ProfitLine
ProfitLine offers a comprehensive portfolio of products and services, including Tangoe One Analytics, Telecom Invoice Audit, Mobile Device Management, and Cloud Optimization. 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.
Platform for analyzing and optimizing IT expenses.
Service to review and optimize telecom billing costs.
Tools for managing and securing mobile devices in enterprises.
Solutions for reducing cloud computing expenses and efficiency.
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Funding Insights of ProfitLine
ProfitLine has successfully raised a total of $32M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in June 2005. 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 3
- Last Round Series B — $15.0M
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First Round
First Round
(20 Jun 2002)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2005 | Amount | Series B - ProfitLine | Valuation |
investors |
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| Feb, 2005 | Amount | Series A - ProfitLine | Valuation |
investors |
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| Jun, 2002 | Amount | Series A - ProfitLine | Valuation |
investors |
| 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 ProfitLine
ProfitLine has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Tangoe, FTV Capital and Menlo Ventures. 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 investment firm
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Founded Year | Domain | Location | |
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Founded Year | Domain | Location | |
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Cloud-based IT expense life cycle management software is provided.
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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 ProfitLine
| 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 - ProfitLine
| 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 |
Profitline Comparisons
Competitors of ProfitLine
ProfitLine 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 Tangoe, Visage Mobile, Gigs, Rivermine and WidePoint, 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 IT expense life cycle management software is provided.
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| domain | founded_year | HQ Location |
Enterprise mobility data is aggregated and managed via SaaS platform.
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| domain | founded_year | HQ Location |
A platform for global telecom services is provided to businesses.
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| domain | founded_year | HQ Location |
Telecom expense management
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| domain | founded_year | HQ Location |
Platform for financial planning solutions for telecom companies
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| domain | founded_year | HQ Location |
Telecom equipment retailer and TEM services provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about ProfitLine
When was ProfitLine founded?
ProfitLine was founded in 1992 and raised its 1st funding round 10 years after it was founded.
Where is ProfitLine located?
ProfitLine is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is ProfitLine a funded company?
ProfitLine is a funded company, having raised a total of $32M across 3 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Jun 20, 2002.
What does ProfitLine do?
ProfitLine was founded in 1992 in San Diego, United States. Telecom expense management (TEM) and mobile device management (MDM) solutions are offered to enterprises across sectors including retail, financial services, health care, automotive, energy, manufacturing, technology, and government. Software is utilized to track usage, carriers, and rates for fixed and mobile communications devices. Operations focus on supporting private and public sector clients with these management tools.
Who are the top competitors of ProfitLine?
ProfitLine's top competitors include Gigs, Tangoe and Visage Mobile.
What products or services does ProfitLine offer?
ProfitLine offers Tangoe One Analytics, Telecom Invoice Audit, Mobile Device Management, and Cloud Optimization.
Who are ProfitLine's investors?
ProfitLine has 3 investors. Key investors include Tangoe, FTV Capital, and Menlo Ventures.