Latest round

Series F

Last raised

Aug 2010

Total raised

$12M

Investors

3

About Provade

Founded in 2004, Provade operates from San Mateo, US, focusing on workforce management solutions. The company was acquired by Pinnacle Technical Resources in October 2011, expanding its operational capabilities.com provides comprehensive managed services specializing in optimizing supplier and workforce management solutions. Their robust vendor management system (VMS) streamlines the procurement of contingent labor and services, enhancing operational efficiency and compliance. The platform supports businesses in managing relationships with contingent workers, facilitating sourcing, tracking, and payments.com generates revenue primarily through a subscription-based model, offering clients access to their vendor management system via tailored pricing tiers. This involves establishing recurring partnerships with clients, often through annual contracts that detail specific services.Moving forward, Provade plans to enhance its offerings by developing new features for its vendor management system, although specific release dates have not been disclosed. The company aims to expand its market presence, particularly targeting growth in European regions by 2025.

Who invested in Provade

3 investors across 3 rounds

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Funding rounds

  1. Series F

    Aug 3, 2010

    Amount

    $3M

    Investors

    Locked

  2. Series C

    Sep 1, 2006

    Amount

    $5.2M

    Investors

    Locked

  3. Series A

    Jan 23, 2006

    Amount

    $4M

    Investors

    Locked

Questions about Provade

Who invested in Provade?

Provade has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Provade raised?

Provade has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Provade last raise money?

Provade's most recent round on record is a Series F, in Aug 2010.

What does Provade do?

Founded in 2004, Provade operates from San Mateo, US, focusing on workforce management solutions.

Where is Provade headquartered?

Provade is headquartered in San Mateo, US.

Which VCs invest in companies like Provade?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Provade's stage. Their profiles are linked below.

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