Praxis Solutions LLC
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Praxis Solutions LLC - overview
Established
2017
Location
Richmond, VA, US
Primary Industry
Software
About
Praxis Solutions LLC, based in the US, specializes in Salesforce-centric solutions, enhancing business processes through tailored ERP implementations, sales lifecycle management, and user-focused development. Founded in 2017, Praxis Solutions LLC operates from Richmond, Virginia, focusing on Salesforce implementation and enhancement services. The company has completed a total of 1 deal, with its most recent deal occurring on November 17, 2025. It was acquired by The Danville Group, Inc.
, a portfolio company of Gryphon Investors and Salesforce Ventures. Praxis Solutions LLC specializes in providing comprehensive solutions leveraging the Salesforce platform. The company’s primary offerings include Salesforce-centric ERP implementations, sales lifecycle management, multi-channel contact center management, and user-focused development and customization. By addressing the unique needs of businesses, Praxis enables clients to streamline operations, enhance customer interactions, and optimize their Salesforce investment.
Their target clientele encompasses organizations across various sectors seeking to improve their business processes through technology. Praxis serves customers predominantly in the United States, ensuring a robust onshore presence with a team of Salesforce-certified professionals dedicated to delivering tailored solutions. Praxis Solutions LLC generates revenue primarily through a B2B model, engaging in direct transactions with businesses that require Salesforce implementation and enhancement services. The revenue structure includes project-based fees for implementation services, as well as ongoing support and maintenance contracts which may involve subscription-based pricing for long-term engagements.
Clients typically enter into agreements that outline specific deliverables and timelines, allowing for tailored service packages based on individual organizational needs. The company's flagship offerings, which focus on enhancing the Salesforce experience, are integral to their revenue strategy, with pricing structured to reflect the complexity and scope of the services provided. Following its acquisition by The Danville Group, Inc. in November 2025, Praxis Solutions LLC is set to expand its product offerings.
The acquisition enables The Danville Group to integrate Praxis's services into its portfolio, enhancing its market presence. Future growth will also focus on possible expansions into new markets, aiming to leverage the benefits of the acquisition. Specific details on upcoming product launches and market expansions are yet to be disclosed.
Current Investors
Rootstock Software
Primary Industry
Software
Sub Industries
Sales & Marketing Software, Analytics & Performance Software
Website
www.getpraxis.com/
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Praxis Solutions LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Praxis Solutions LLC | - |
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