Tech Company Financing Transactions

ProShop Funding Round

ProShop, based in Bellingham, raised $32 million from Mainsail Partners.

Transaction Overview

Company Name
Announced On
7/18/2023
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Undisclosed
Investors

Mainsail Partners (Lead Investor)

Proceeds Purpose
The company intends to utilize the capital to expedite product development and to continue to build upon the market-leading services and support provided to its customers.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
11 Bellwether Way 201
Bellingham, WA 98225
USA
Phone
Undisclosed
Email Address
Overview
ProShop is built by Adion Systems in Vancouver BC and supported by ProShop USA in Bellingham WA. It's a proprietary ERP, MES and QMS software package that was developed over 17 years while the owners were growing Pro CNC Inc., one of the largest machine job shops in the Pacific Northwest, culminating in a successful sale of the company in 2014. ProShop was born from the need to manage and understand the complex needs of manufacturing companies. It was designed by machinists, inspectors, CNC programmers, general managers, tooling crib staff, purchasing agents, quality managers, machine operators, ISO/AS quality system managers, customer service agents, CEO, sales managers, estimators, assemblers, CFO, receiving clerks, and everyone else that is critical to the smooth flowing operation of a manufacturing company. Never before has there been an ERP/MES/QMS solution that was born and bred as deeply integrated into the DNA of manufacturing companies as ProShop.
Profile
ProShop LinkedIn Company Profile
Social Media
ProShop Company Twitter Account
Company News
ProShop News
Facebook
ProShop on Facebook
YouTube
ProShop on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Zachary Stinson
  Zachary  Stinson LinkedIn Profile  Zachary  Stinson Twitter Account  Zachary  Stinson News  Zachary  Stinson on Facebook
Chief Technical Officer
Matthew Carrico
  Matthew Carrico LinkedIn Profile  Matthew Carrico Twitter Account  Matthew Carrico News  Matthew Carrico on Facebook
Co-Founder
Paul Metre
  Paul Metre LinkedIn Profile  Paul Metre Twitter Account  Paul Metre News  Paul Metre on Facebook


 

 

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