About PROFITsystems
PROFITsystems is a company based in Colorado Springs (United States) founded in 1979 was acquired by Accellos in November 2013.. The company has 384 employees as of December 31, 2019. PROFITsystems offers products and services including RETAIL vantage and Cloud Solutions. PROFITsystems operates in a competitive market with competitors including Bazaarvoice, RELEX, Shelf Engine, Mad Mobile and PredictSpring, among others.
- Headquarter Colorado Springs, United States
- Employees 384 as on 31 Dec, 2019
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Sectors
RetailTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Profit Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Home Point Financial
& 1 more
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Employee Count
384
as on Dec 31, 2019
- Acquired by
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Products & Services of PROFITsystems
PROFITsystems offers a comprehensive portfolio of products and services, including RETAIL vantage and Cloud Solutions. 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.
Software for real-time inventory and sales tracking in furniture retail.
Platforms for retail business intelligence and distribution management.
Funding Insights of PROFITsystems
| 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 PROFITsystems
PROFITsystems has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Home Point Financial and Accellos. 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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Home loans are provided to customers by Home Point Financial.
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Founded Year | Domain | Location | |
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Provider of cloud-based warehouse management system
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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 PROFITsystems
| 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 - PROFITsystems
| 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 |
Profitsystems Comparisons
Competitors of PROFITsystems
PROFITsystems 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 Bazaarvoice, RELEX, Shelf Engine, Mad Mobile and PredictSpring, 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 |
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| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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| domain | founded_year | HQ Location |
Unified platform for retail and supply chain planning is offered.
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| domain | founded_year | HQ Location |
AI-based solution to automate orders of perishable goods
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| domain | founded_year | HQ Location |
Mobile retail platform with engagement and POS solutions provided.
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| domain | founded_year | HQ Location |
Mobile commerce platforms are provided for offline retail businesses.
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| domain | founded_year | HQ Location |
Cloud-enabled unified commerce and supply chain solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Profitsystems
Frequently Asked Questions about PROFITsystems
When was PROFITsystems founded?
PROFITsystems was founded in 1979.
Where is PROFITsystems located?
PROFITsystems is headquartered in Colorado Springs, United States. It is registered at Colorado Springs, Colorado, United States.
How many employees does PROFITsystems have?
As of Dec 31, 2019, the latest employee count at PROFITsystems is 384.
What does PROFITsystems do?
PROFITsystems was founded in 1979 and is based in Colorado Springs, United States. Software solutions for the retail furniture sector within the home goods industry are offered by the company. The flagship product, RETAILvantage, supports inventory management, point-of-sale operations, distribution, accounting, business analytics, and customer relationship management. Over 700 retailers have been assisted through these tools.
Who are the top competitors of PROFITsystems?
PROFITsystems's top competitors include RELEX, Bazaarvoice and PredictSpring.
What products or services does PROFITsystems offer?
PROFITsystems offers RETAIL vantage and Cloud Solutions.
Who are PROFITsystems's investors?
PROFITsystems has 2 investors. Key investors include Home Point Financial, and Accellos.
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