Profitably
Latest round
- Seed
Last raised
- Aug 2010
Total raised
- $0.3M
Investors
- 1
About Profitably
Profitably focuses on providing tailored financial tools for ecommerce companies. Founded in New York, US, the company has undergone strategic pivots to enhance its offerings. The founder's background includes previous ventures in the fintech space.Profitably provides a comprehensive suite of financial management tools designed specifically for ecommerce businesses. Their core offering centers around real-time financial tracking and analytics, enabling users to gain immediate visibility into their profit margins, cash flow, and performance against forecasts. The platform includes specialized profit and loss (P&L) statements that break down contribution margins by sales channel, providing crucial insights for brand managers and financial decision-makers. Additionally, Profitably offers advanced modeling tools that allow businesses to run scenarios and assess various growth strategies quickly.Profitably generates revenue primarily through a subscription-based model, offering tiered pricing plans that cater to different business needs. Clients subscribe to access the platform's suite of tools, which include automated P&L statements and real-time financial insights tailored for ecommerce, allowing users to make data-driven decisions. Transactions typically occur on a recurring basis, with clients paying an ongoing fee for continued access and support. The structure supports direct-to-consumer engagement, with profitability insights that empower brands to optimize their marketing strategies effectively.
Who invested in Profitably
1 investor across 1 round
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Funding rounds
Seed
Aug 4, 2010
Amount
$0.3M
Investors
Questions about Profitably
Who invested in Profitably?
Profitably has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Profitably raised?
Profitably has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Profitably last raise money?
Profitably's most recent round on record is a Seed, in Aug 2010.
What does Profitably do?
Profitably focuses on providing tailored financial tools for ecommerce companies.
Where is Profitably headquartered?
Profitably is headquartered in New York, US.
Which VCs invest in companies like Profitably?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Profitably's stage. Their profiles are linked below.
VCs backing software startups at Seed
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