Total raised
$10.2M
Last: Undisclosed 2015-07
Stage
Acquired
Founded
2005
Headcount
11
HQ
Kadima Zoran
Sector
Business Software
About
Profitect Technologies provides retailers with prescriptive analytic solutions that enable retailers to quickly realize opportunities for increased revenue and reduced costs across the entire retail supply chain. The software'spattern-seeking algorithms identify the root cause of anomalies such as inventory distortion, on-shelf availability, shrink/waste/damage, and process non-compliance, helping retailers identify controllable factors, which the solution translates into action.
Funding history · 4 rounds · $10.2M total
2015-07
Undisclosed
$1.7M
2014-04
Undisclosed
Undisclosed
2009-10
Series B
$5.5M
2005-01
Series A
$3.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was Profitect acquired and by whom?
- Profitect was acquired by Zebra Technologies Corp. (Nasdaq: ZBRA) in May 2019 for $100 million.
- What is Profitect's primary business activity?
- Profitect Technologies provides prescriptive analytic solutions for retailers to increase revenue and reduce costs across the retail supply chain.
- Where is Profitect's headquarters located?
- Profitect's headquarters is located in Kadima Zoran, Israel.
- What was Profitect's total funding raised before its acquisition?
- Profitect raised a total of $10,221,000 across multiple funding rounds. For a full financing history, refer to startupim.
- Which investors participated in Profitect's Series A funding round?
- Profitect's Series A funding round in January 2005 included Cedar Fund.
- Which investors participated in Profitect's Series B funding round?
- Profitect's Series B funding round in October 2009 included Genesis Partners and Cedar Fund.
- When did Profitect sign a reseller agreement with Zebra Technologies?
- Profitect signed a reseller agreement with Zebra Technologies in January 2015.
- Which company partnered with Profitect in February 2019?
- Sobeys Inc. partnered with Profitect in February 2019.
- How many employees did Profitect have?
- Profitect had between 11 and 50 employees.
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsSoftware Development Tools
Technologies
Platforms & InterfacesSoftware
Target customers
Commerce & Retail
Business model
B2BB2G
Highlights
1 Patents
Tags
predictive-analyticsbig-data-analyticsretailsoftware-applicationsknowledge-managementbusiness-intelligencesupermarketsmanagement-solutionsretailersmarketingenterprises