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PrimeRevenue, Inc.
Business Summary
PrimeRevenue, Inc. is a privately-held venture capital backed company offering supply chain finance solutions and open platform Supply Chain Finance (SCF) technology. PrimeRevenue, Inc. provides software-as-a-service technology (SCF); connecting buyers, suppliers, and financial institutions to a common network which provides real-time monitoring and tracking of accounts payable transactions and cash flows. As of year end 2010, PrimeRevenue has processed $78 billion and 32 million transactions.
PrimeRevenue was founded in 2003 by Robert Barnes and Frank William Hulse and was later incorporated in September 2004. Headquartered in Atlanta, Georgia, PrimeRevenue, Inc. has offices in Salt Lake City, London, Paris, Prague, and Sydney. PrimeRevenue is a venture capital backed company receiving funding from firms such as Battery Ventures, RRE Ventures, MMV Financial, and River Capital with corporate backing from eRevenue, Inc. (See PrivCo VC/Funding Activity for more detailed information). PrimeRevenue primarily operates in the European and North American markets.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed |
| Year Founded: | 2003 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Atlanta |
| State/Province: | Georgia |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.primerevenue.com |
Corporate Organization
| Founders: | Frank William Hulse Robert Barnes |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Financial > Other Financial |
| Technology > Software > Software-As-A-Service (Saas) |
| Technology > Software > Supply Chain Management & Logistics Software |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | PrimeRevenue, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all PrimeRevenue, Inc. financials to Excel and create your own graphs.)
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PrimeRevenue, Inc. Revenues ($ MM): |
PrimeRevenue, Inc. Total Employees: |
PrimeRevenue, Inc. Productivity (Revenue/Employee) ($): |
VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Oct. 2004 | eRevenue, Inc. | A | Corporate | |
| Oct. 2004 | Battery Ventures, L.P. | A | Venture Capital | |
| Details | Total Round A $12,000,000 | |||
| Jan. 2007 | View | B | Corporate | |
| Jan. 2007 | View | B | Venture Capital | |
| Jan. 2007 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Jul. 2007 | View | B | Corporate | |
| Jul. 2007 | View | B | Venture Capital | |
| Jul. 2007 | View | B | Other Investment Firm | |
| Details | Total Round B View | |||
| Dec. 2008 | View | Other | Venture Capital | |
| Dec. 2008 | View | Other | Venture Capital | |
| Dec. 2008 | View | Other | Venture Capital | |
| Details | Total Round Other View | |||
| May. 2009 | View | Other | Venture Capital | |
| Details | Total Round Other View | |||
| Dec. 2010 | View | Other | Venture Capital | |
| Dec. 2010 | View | Other | Venture Capital | |
| Dec. 2010 | View | Other | Private Equity | |
| Dec. 2010 | View | Other | Venture Capital | |
| Details | Total Round Other View | |||
| Total of Funding Shown Above View | ||||
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Supplemental Resources
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