About Promevo
Promevo is a company based in Cincinnati (United States) founded in 2001 by Aaron Gumz.. Promevo offers products and services including gPanel, Chromebooks, and Cloud Services. Promevo operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Cincinnati, United States
- Founders Aaron Gumz
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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 Promevo Llc
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Annual Revenue
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Net Profit
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Promevo
Promevo offers a comprehensive portfolio of products and services, including gPanel, Chromebooks, and Cloud Services. 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.
Tool for centralized user management and security in Google Workspace
Devices with long battery life for business and education use
Services for data strategy and app modernization support
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Funding Insights of Promevo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Private Equity Round - Promevo | Valuation | Cohere Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Promevo
Promevo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cohere Capital. 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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A private equity firm focused on middle market technology investments.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Promevo
| 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 - Promevo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Promevo Comparisons
Competitors of Promevo
Promevo 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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 |
High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Promevo
Frequently Asked Questions about Promevo
When was Promevo founded?
Promevo was founded in 2001 and raised its 1st funding round 20 years after it was founded.
Where is Promevo located?
Promevo is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Who is the current CEO of Promevo?
Aaron Gumz is the current CEO of Promevo. They have also founded this company.
What does Promevo do?
Promevo was established in 2001 in Cincinnati, United States, as a provider of IT service solutions. Operations focus on cloud services such as analytics, infrastructure management, and application modernization. Google-specific solutions are also offered to support client needs in the technology sector. The company serves businesses through its domain at promevo.com, with leadership including Co-Founder and CEO Aaron Gumz.
Who are the top competitors of Promevo?
Promevo's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does Promevo offer?
Promevo offers gPanel, Chromebooks, and Cloud Services.
Who are Promevo's investors?
Promevo has 1 investor. Key investors include Cohere Capital.