# Placepull

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

- Industry: Software
- Headquarters: Beverly Hills, US
- Website: www.profitboss.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Oct 14, 2020)
- Investors on record: 1

## About

Placepull, Inc. operates Profit Boss, delivering innovative financial technology solutions that optimize profitability and streamline operations for businesses.Founded in 2018, Placepull, Inc. specializes in financial technology solutions. The company is headquartered in Beverly Hills, US. The founder, Adam Guild, has a notable background in entrepreneurship. Placepull has raised a total of USD 3.5 mn in seed funding, led by Redpoint Ventures on October 14, 2020.Profit Boss specializes in innovative financial technology solutions designed to optimize business profitability and streamline operations. Their core offerings include advanced analytics software, targeted financial consulting services, and automated financial management tools, all aimed at enhancing decision-making processes for small to medium-sized enterprises. The software solutions provide users with a comprehensive dashboard that integrates real-time financial data, enabling clients to identify cost-saving opportunities and improve overall financial health. Released in stages over the past few years, these products are tailored to meet the needs of diverse industries, including retail, healthcare, and technology. Profit Boss primarily serves clients in North America, Europe, and select markets in Asia, addressing the financial challenges faced by companies looking to maximize their profitability in competitive environments.Profit Boss generates revenue through a combination of subscription-based models and consulting service fees, establishing a recurring revenue stream while also offering tailored financial consulting. Clients typically engage with the company on an annual subscription basis for their software solutions, which provides them with ongoing access to updates, customer support, and training resources. Additionally, consulting services are billed hourly or as part of project-based agreements, aligning closely with specific client needs. Flagship products, such as their proprietary financial analytics software, are central to these transactions, enhancing the value provided to clients. This dual revenue structure supports sustained growth as Profit Boss continues to expand its client base and refine its offerings to meet evolving market demands.In October 2020, Placepull, Inc. raised USD 3.5 mn in seed funding led by Redpoint Ventures, which will be instrumental in supporting their growth initiatives. The company plans to launch new products that enhance their financial technology offerings, with specific releases slated for late 2021. Additionally, they are targeting expansion into the Asian markets, with a strategy to establish a presence by 2022. This investment will facilitate the development of new software features and enhance their marketing efforts in these new regions.

## Funding rounds

- Seed, Oct 14, 2020, $3.5M — Redpoint Ventures

## Investors

- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Seed