# PiCloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/picloud

- Industry: Business Support Services
- Headquarters: San Francisco, US
- Website: www.picloud.com
- Total disclosed funding: $1.4M
- Latest round: Seed (Nov 8, 2010)
- Investors on record: 3

## About

PiCloud is a technology company focused on optimizing operational efficiency through innovative software solutions, specifically in data analytics and project management.PiCloud is a technology firm headquartered in San Francisco, US, that provides cloud-based solutions to enhance business processes. Founded by a team of experienced entrepreneurs, the company has pivoted its focus towards integrating data analytics and project management into its offerings. In November 2013, PiCloud raised USD 1.4 mn in a Seed funding round led by notable investors including Andreessen Horowitz, Greylock Partners, and Kleiner Perkins. The company has successfully raised a total of USD 1.4 mn across its funding rounds, and has been involved in 2 deals.PiCloud specializes in providing innovative technology solutions designed to optimize operational efficiency across various industries. Their core product offerings include a comprehensive software suite that integrates data analytics, project management, and customer relationship management functionalities tailored to address specific challenges faced by businesses, such as improving workflow processes and enhancing data-driven decision-making. Their solutions serve a diverse clientele including small and medium-sized enterprises as well as large corporations, primarily in sectors such as logistics, manufacturing, and retail, throughout North America, Europe, and Asia.The company's revenue model is primarily structured around subscriptions for its software solutions, allowing clients to continuously access updates and customer support. Clients can choose tiered pricing plans which include additional features or increased user capacity based on their operational needs. Direct transactions typically involve annual or monthly service agreements, with clients paying for access to the suite of products. The flagship offerings include enterprise resource planning (ERP) software recognized for its capability to streamline operations and reduce costs. Strategic partnerships with key industry players enhance PiCloud's market presence and help cater to a broader customer base while focusing on delivering value-oriented services.PiCloud's strategy for future growth includes the design of new software products aimed at enhancing operational capabilities, with plans for releases slated for late 2024. The company is also looking to expand into the Asian market by 2025, targeting countries such as Japan and South Korea. The funds from the most recent Seed round in November 2013 will be allocated towards research and development for these new product offerings, and bolstering their marketing efforts in the new regions to establish a foothold in these emerging markets.

## Funding rounds

- Seed, Nov 8, 2010, $1.4M — Kleiner Perkins, Greylock Partners, Andreessen Horowitz

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Seed
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed