What is Place Technology?
Founded in 2018 and headquartered in Austin, Texas, Place Technology provides a sophisticated software platform designed to empower organizations with comprehensive performance measurement, business activity monitoring, and future-oriented planning capabilities. By integrating complex data streams into actionable insights, the company enables leadership teams to optimize resource allocation and streamline operational workflows. Its market position is defined by its ability to bridge the gap between raw financial data and strategic decision-making, making it an essential utility for modern enterprises seeking to maintain agility in volatile economic environments.
How much funding has Place Technology raised?
Place Technology has raised a total of $9.1M across 5 funding rounds:
Other Financing Round
$3M
Debt
$150K
Debt
$244K
Angel/Seed
$2.5M
Debt
$3.3M
Other Financing Round (2019): $3M with participation from Geekdom Fund and Star Vista Capital
Debt (2020): $150K led by PPP
Debt (2021): $244K supported by PPP
Angel/Seed (2021): $2.5M featuring Geekdom Fund
Debt (2022): $3.3M backed by Geekdom Fund and 7BC Venture Capital
Key Investors in Place Technology
Geekdom Fund
Geekdom Fund is a venture capital firm dedicated to connecting entrepreneurs with investors, providing significant support and resources to portfolio companies. They focus on delivering results and have a track record of helping companies raise funding at a rate three times higher than the industry average.
7BC Venture Capital
7BC Venture Capital is a venture fund dedicated to empowering innovative founders who are addressing significant societal challenges through strategic support and a robust network of investors and corporations. The firm focuses on investing in companies that automate and reimagine human workflows.
Star Vista Capital
Undisclosed investor participating in the funding round.
What's next for Place Technology?
Looking ahead, Place Technology is well-positioned to leverage its recent capital infusion to drive product innovation and expand its footprint in the enterprise software market. The strategic focus will likely center on enhancing the platform's predictive analytics capabilities and scaling its customer success infrastructure to support a growing user base. By maintaining its commitment to operational excellence and leveraging the expertise of its diverse investor base, the company is poised to capitalize on the increasing demand for integrated financial planning solutions. Future growth initiatives will likely prioritize the development of advanced automation features, ensuring that the firm remains at the forefront of the digital transformation movement within the corporate finance sector.
See full Place Technology company page
