About ProShop
ProShop is a company based in Vancouver (Canada) founded in 2016.. ProShop has raised $32 million across 1 funding round from investors including Mainsail Partners. ProShop offers products and services including ProShop ERP, MES Modules, and QMS Modules. ProShop operates in a competitive market with competitors including AVEVA, IQMS, Katana MRP, FactoryFour and Kenandy, among others.
- Headquarter Vancouver, Canada
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Proshop Usa Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32 M (USD)
in 1 rounds
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Latest Funding Round
$32 M (USD), Private Equity Round
Jul 18, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of ProShop
ProShop offers a comprehensive portfolio of products and services, including ProShop ERP, MES Modules, and QMS Modules. 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 managing manufacturing processes and efficiency
Tools for shop floor management and scheduling
System for quality control and compliance tracking
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Product Management Team
4 people
Finance and Accounting
3 people
Implementation Team
2 people
Software Development Team
2 people
Creative and Marketing Team
2 people
Leadership Team
2 people
Human Resources and Administration
1 people
Senior Team
1 people
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Funding Insights of ProShop
ProShop has successfully raised a total of $32M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $32 million completed in July 2023. 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 1
- Last Round Private Equity Round — $32.0M
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First Round
First Round
(18 Jul 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Private Equity Round - ProShop | Valuation | Mainsail Partners |
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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 ProShop
ProShop has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mainsail Partners. 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 fund focused on multiple sectors
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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 ProShop
| 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 - ProShop
| 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 |
Proshop Comparisons
Competitors of ProShop
ProShop 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 AVEVA, IQMS, Katana MRP, FactoryFour and Kenandy, 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 |
Cloud-based data visualization and dashboard development are facilitated.
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| domain | founded_year | HQ Location |
ERP software developer for manufacturing industry
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| domain | founded_year | HQ Location |
Cloud-based software is used for inventory and production management.
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| domain | founded_year | HQ Location |
Cloud-based manufacturing software is provided for multiple industries.
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| domain | founded_year | HQ Location |
Cloud ERP applications are provided for product planning and manufacturing.
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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 Proshop
Frequently Asked Questions about ProShop
When was ProShop founded?
ProShop was founded in 2016 and raised its 1st funding round 7 years after it was founded.
Where is ProShop located?
ProShop is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is ProShop a funded company?
ProShop is a funded company, having raised a total of $32M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $32M, raised on Jul 18, 2023.
What does ProShop do?
ProShop was founded in 2016 in Vancouver, Canada, as a provider of cloud-based enterprise resource planning software tailored to the manufacturing sector. Operations focus on tools for estimates, quotes, customer orders, contacts, parts, work orders, job costing, scheduling, purchasing, inventory, and user management. Additional features include time clock functionality, messaging, and dashboard overviews to support industry-specific workflows.
Who are the top competitors of ProShop?
ProShop's top competitors include Katana MRP, AVEVA and IQMS.
What products or services does ProShop offer?
ProShop offers ProShop ERP, MES Modules, and QMS Modules.
Who are ProShop's investors?
ProShop has 1 investor. Key investors include Mainsail Partners.
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