Propelics, Inc.
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Propelics, Inc. - overview
Established
2011
Location
San Jose, CA, US
Primary Industry
Software
About
Propelics, Inc. is a technology firm focused on delivering innovative software solutions tailored for data analytics and operational efficiency across various sectors, including healthcare, finance, and logistics. Founded in 2011 in San Jose, US, Propelics, Inc. specializes in software solutions designed to address industry-specific operational challenges.
In February 2018, Propelics was acquired by Anexinet Corp. , a portfolio company of Marlin Equity Partners. Financial terms of the deal were not disclosed. The company's founder has a background in technology and entrepreneurship, having previously established other ventures, though specific names are not available.
Propelics provides advanced software platforms that enhance data analytics and operational efficiency. Their products are tailored for industries such as healthcare, finance, and logistics, addressing key needs like data management and compliance. The software has gained traction in the market, appealing to mid-sized businesses and large corporations in North America and Europe, effectively addressing their data handling challenges. The company generates revenue through a subscription model, allowing clients to access its software platforms consistently.
Pricing is structured based on tiered plans that depend on the features and scale of usage required by customers. Key products include enterprise-level software that integrates with existing business operations, with pricing tailored to client-specific needs. The company's partnerships with distributors and service providers further expand its market reach, establishing a steady income stream and fostering long-term client relationships. Looking ahead, Propelics plans to launch new products designed to enhance its software offerings, although specific release dates are not disclosed.
The company aims to expand its presence in new geographic regions, focusing on markets within North America and Europe by 2023. The acquisition by Anexinet Corp. in February 2018 is expected to support these initiatives, enabling Propelics to leverage additional resources to enhance its product development and market expansion strategies.
Current Investors
Anexinet Corp.
Primary Industry
Software
Sub Industries
eMarketing/Digital Marketing, Analytics & Performance Software, Customer Relationship Management
Website
www.propelics.com
Verticals
Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Propelics, Inc. - 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 | Propelics, Inc. | - |
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Propelics, Inc. - employee data
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