# Provus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/provus-2

- Industry: Software
- Headquarters: Saratoga, US
- Website: www.provusinc.com
- Total disclosed funding: $12M
- Latest round: Series A (Jul 12, 2022)
- Investors on record: 4

## About

Based in California, US, and founded in 2021, Provus Inc. operates as a SaaS solution to automate service CPQ processes. In July 2022, Provus Inc. raised USD 12 million in Series A funding from Norwest Venture Partners, including Firebolt Ventures, Storm Ventures, and Accel. Mahesh Baxi (CEO), Stawan Kadepurkar (CRO), and Ganesh Ramachandran (CTO) are the co-founders of the company.

The company provides quoting for services, a collaborative platform powered by historical data and AI technology that enables customers to accelerate turnaround time, grow deal sizes, and increase win probability faster, all while improving gross margins and mitigating compliance risk. The firm's features and solutions include revenue gains, process automation, product integrations, professional services, consulting services, and asset-based services.

The organization plans to use the July 2022 funding to strengthen its product and engineering teams and scale its sales and marketing functions.

## Funding rounds

- Series A, Jul 12, 2022, $12M — Accel, Norwest Venture Partners, Storm Ventures, Firebolt Ventures

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A
- Storm Ventures (https://capitalatlas.ai/funds/storm-ventures) — Series A
- Firebolt Ventures (https://capitalatlas.ai/funds/firebolt-ventures) — Series A