Tech Company Financing Transactions
Profit.co Funding Round
Elevation Capital participated in a $11 million Series A funding round for Profit.co. This venture round closed on 1/31/2023.
Transaction Overview
Company Name
Announced On
1/31/2023
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors
Elevation Capital (Lead Investor) (Akarsh Shrivastava)
Proceeds Purpose
Profit.co monetizes by charging per user and also offers coaching and consulting services for businesses working on large-scale transformation projects. Part of its funding will be used on product development, including adding 30 new product categories.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
38750 Paseo Padre Pkwy A2
Fremont, CA 94536
USA
Fremont, CA 94536
USA
Phone
Website
Email Address
Overview
Our vision at Profit.co is to help business transform into metrics driven, objective focused organizations. Strategies are abundant, but the key to success is execution. And world-class execution is achieved by keeping focus, measuring frequently and celebrating achievement.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bastin Gerald
Chief Operating Officer
Senthil Rajagopalan
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