Profitect
Profitect provided prescriptive analytics solutions for retail and CPG companies, leveraging machine learning to identify sales and margin opportunities.
About
Profitect offered a prescriptive analytics solution that utilized pattern detection and machine learning to analyze retail and CPG data. It identified areas for improvement such as inventory accuracy, out-of-stocks, and pricing accuracy, helping companies optimize sales and margins.
Key facts
At-a-glance profile data
- Website
- profitect.com
- Headquarters
- Burlington, United States
- Founded
- 2012
- Employees
- 12
- Total funding
- $34M (Series C)
- Business model
- B2B, B2G
Funding rounds
| Date | Round | Amount | Lead investors |
|---|---|---|---|
| 1 Mar 2018 | Series C | $12M | Spring Lake Equity Partners |
| 31 Jan 2017 | Series C | $7M | - |
| 1 Mar 2016 | Series B | $13M | - |
| 30 Jun 2015 | Series B | $2M | - |
| 31 Mar 2014 | Undisclosed round | Undisclosed | - |
Tech stack
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- Hosting
- AWS
- Email provider
- Google Workspace
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Frequently asked
How much funding has Profitect raised?
Profitect has raised a total of $34M in funding. The most recent round on record is Series C.
How many employees does Profitect have?
Profitect has approximately 12 people on record.