Powerlinx

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Powerlinx - overview

Established

2011

Location

New York, NY, US

Primary Industry

Software

About

Powerlinx is a digital connectivity platform that facilitates business partnerships and collaborations across various sectors, enabling companies to streamline interactions for market expansion and investment opportunities. Founded in 2011 and headquartered in New York, US, Powerlinx specializes in connecting businesses with potential partners. The company has completed a total of 4 deals, with the most recent deal occurring on July 27, 2016. Powerlinx raised USD 7 mn in Series A financing, with investments from the founders and Altares Group.


The company operates independently without any mentioned subsidiaries. Powerlinx primarily operates within the digital connectivity space, offering services designed to facilitate business interactions and partnerships across various sectors. The platform enables businesses to connect and collaborate, addressing challenges related to market entry and strategic alliances. It serves a diverse client base, including SMEs and larger corporations looking to expand into markets such as North America, Europe, and Asia-Pacific, through a user-friendly interface that allows users to create profiles and engage effectively with potential partners.


Powerlinx generates revenue through a subscription-based model, providing clients with access to various service tiers based on their engagement level. Revenue is derived from monthly or annual subscription fees, which vary according to user numbers and service levels. Additionally, transaction fees may apply when businesses successfully connect via the platform. Specific pricing details for services are not disclosed, but the company focuses on delivering tailored solutions for user growth and partnership opportunities.


In July 2016, Powerlinx raised USD 7 mn in Series A financing to support its growth initiatives. The company plans to enhance its platform with upcoming features aimed at improving user experience and expanding their service offerings. Powerlinx is targeting expansion into new geographical markets, including increased penetration in Europe and Asia-Pacific, within the next three years. Recent funding will be utilized to bolster product development and marketing efforts, ensuring the platform meets the evolving needs of businesses seeking strategic partnerships.


Current Investors

Altares Group

Primary Industry

Software

Sub Industries

Conferencing Software

Website

www.powerlinx.com

Company Stage

Series A

Total Amount Raised

Subscriber access only

Powerlinx - employee data

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