PowerSteering Overview
- Year Founded
-
1994
- Status
-
Acquired/Merged
- Employees
-
201
- Latest Deal Type
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M&A
- Latest Deal Amount
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$13M
PowerSteering General Information
Description
Provider of on-demand enterprise project and portfolio management software solutions. The company provides a cloud-based platform for project and portfolio management solutions offering analytic and financing tracking capabilities.
Contact Information
Website
www.powersteeringsoftware.comCorporate Office
- 25 First Street
- Cambridge, MA 02141
- United States
Corporate Office
- 25 First Street
- Cambridge, MA 02141
- United States
PowerSteering Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 03-Feb-2012 | $13M | Completed | Generating Revenue | ||
| 7. Later Stage VC | 08-Apr-2008 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series D) | 08-Dec-2003 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 10-Sep-2003 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 31-Aug-2002 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 22-Oct-2001 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 14-Dec-2000 | $1.05M | $1.27M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 13-Oct-1998 | $225K | $225K | Completed | Product Development |
PowerSteering Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C | ||||||||
| Series B | 525,000 | $0.010000 | $2 | $2 | 1x | $2 | 1.24% | |
| Series A | 112,500 | $0.010000 | $2 | $2 | 1x | $2 | 0.27% |
PowerSteering Comparisons
Industry
Financing
Details
PowerSteering Competitors (48)
One of PowerSteering’s 48 competitors is V1, a Corporation company based in Atlanta, GA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| V1 | Corporation | Atlanta, GA | ||||
| Upland Software | Formerly VC-backed | Austin, TX | ||||
| TeamDynamix Solutions | Private Equity-Backed | Columbus, OH | ||||
| AuraQuantic | Corporation | Miami, FL | ||||
| ServiceNow | Formerly VC-backed | Santa Clara, CA |
PowerSteering Signals
PowerSteering Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Advent International | PE/Buyout | Minority | ||
| Hudson Ventures | Venture Capital | Minority | ||
| MMV Capital Partners | Growth/Expansion | Minority | ||
| Riverside Holding | Corporation | Minority | ||
| Riverside Management Group | Merchant Banking Firm | Minority |
PowerSteering Acquisitions (1)
PowerSteering’s most recent deal was a Merger/Acquisition with Altify for . The deal was made on 04-Oct-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Altify | 04-Oct-2019 | Merger/Acquisition | Business/Productivity Software |
PowerSteering FAQs
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When was PowerSteering founded?
PowerSteering was founded in 1994.
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Where is PowerSteering headquartered?
PowerSteering is headquartered in Cambridge, MA.
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What is the size of PowerSteering?
PowerSteering has 201 total employees.
-
What industry is PowerSteering in?
PowerSteering’s primary industry is Automation/Workflow Software.
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Is PowerSteering a private or public company?
PowerSteering is a Private company.
-
What is the current valuation of PowerSteering?
The current valuation of PowerSteering is .
-
What is PowerSteering’s current revenue?
The current revenue for PowerSteering is .
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How much funding has PowerSteering raised over time?
PowerSteering has raised $13.5M.
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Who are PowerSteering’s investors?
Advent International, Hudson Ventures, MMV Capital Partners, Riverside Holding, and Riverside Management Group are 5 of 7 investors who have invested in PowerSteering.
-
Who are PowerSteering’s competitors?
V1, Upland Software, TeamDynamix Solutions, AuraQuantic, and ServiceNow are some of the 48 competitors of PowerSteering.
-
When was PowerSteering acquired?
PowerSteering was acquired on 03-Feb-2012.
-
Who acquired PowerSteering?
PowerSteering was acquired by Upland Software.
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