Tech Company Financing Transactions
Profitero Funding Round
Profitero, operating out of Boston, scored $20 million in investment from Scaleworks and Conviction Capital.
Transaction Overview
Company Name
Announced On
4/22/2020
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Scaleworks (Lead Investor) (Lew Moorman)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
100 Summer St. 2708
Boston, MA 02110
USA
Boston, MA 02110
USA
Phone
Website
Email Address
Overview
Profitero is the platform Adidas, L'Oreal, General Mills and 4,000 other brands use to accelerate their eCommerce sales. Using Profitero's proprietary technology and algorithms, brands can optimize their 4Ps (Product, Placement, Price and Promotions) across 8,000 retailer sites and 50 countries while also uncovering what competitors are doing to win online.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bryan Wiener
Chief Financial Officer
Matthew Tuel
Chief Scientific Officer
Dmitry Vysotski
President
Sarah Hofstetter
VP - Bus. Development
Keith Anderson
VP - Customer Service
Laura Richardson
VP - Marketing
Michael Black
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We do our best to report on tech company VC transactions. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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