# Proficient Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/proficient-systems

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.proficientsystems.co.uk
- Total disclosed funding: $6M
- Latest round: Series B (Jul 24, 2002)
- Investors on record: 4

## About

Proficient Systems, Inc delivers innovative software solutions that enhance operational efficiency for businesses. The company focuses on project management and resource allocation tools tailored for various industries.Founded in 2000 and headquartered in Atlanta, US, Proficient Systems, Inc specializes in software solutions tailored for business operational processes. In June 2006, the company was acquired by LivePerson, Inc. The firm has executed a total of 3 deals, with the most recent deal occurring on July 19, 2006, involving a TRADE SALE that raised USD 17.00 mn, equaling the total amount raised.Proficient Systems specializes in delivering innovative software solutions designed to streamline operational processes for businesses across various sectors. The company's core offerings include advanced project management tools, resource allocation software, and performance tracking systems, all tailored to enhance efficiency and facilitate effective decision-making. These solutions cater particularly to industries such as construction, manufacturing, and IT services, where timely project execution and resource management are vital. Proficient Systems serves a diverse clientele, including mid-sized to large enterprises in North America, Europe, and Asia-Pacific markets, addressing specific business challenges such as optimizing productivity and managing project timelines.The revenue model of Proficient Systems is primarily based on a subscription-based structure, allowing clients to access their software solutions through tiered pricing plans. This model accommodates businesses with varying needs, enabling them to choose packages tailored to their operational scale and requirements. Clients may opt for a basic plan offering essential features, while larger organizations could engage with premium plans that include advanced analytics and personalized support services. Transactions typically occur directly between Proficient Systems and its B2B clients, ensuring a streamlined process for onboarding and ongoing support. The flagship product suite, encompassing their project management and resource allocation tools, is central to their revenue generation strategy, significantly contributing to the overall financial performance of the company.Following their acquisition by LivePerson, Inc in June 2006, Proficient Systems plans to leverage their resources to develop new software products aimed at enhancing user experience and operational efficiency. The company is targeting expansion into the European and Asia-Pacific markets by 2025, focusing on adapting their product offerings to meet the specific needs of these regions. Recent funding from the TRADE SALE of USD 17.00 mn will be utilized to support product development and market entry strategies.

## Funding rounds

- Series B, Jul 24, 2002, $6M — Labrador Ventures, Gimv, Kinetic Ventures, Fuqua Ventures

## Investors

- Labrador Ventures (https://capitalatlas.ai/funds/labrador-ventures) — Series B
- Gimv (https://capitalatlas.ai/funds/gimv) — Series B
- Kinetic Ventures (https://capitalatlas.ai/funds/kinetic-ventures) — Series B
- Fuqua Ventures (https://capitalatlas.ai/funds/fuqua-ventures) — Series B