Company profile: Progrits
1.1 - Company Overview
Company description
- Provider of niche B2B software and information services across Vehicle Digital Solutions (sales, repair, rental, financing, insurance, valuation, damage inspection, dismantling), Transportation & Logistics (address validation, route optimization, distribution optimization, target group management, e-ticketing, fleet management), and integrated e-commerce for IT & telecom and these sectors.
Products and services
- Integrated E-Commerce: Architects custom-tailored e-commerce systems and services for IT & telecom companies and for Vehicle Digital Solutions and Transportation & Logistics domains
- Transportation & Logistics: Engineers B2B-focused software and information services for location and movement processes, including address validation, route optimization, distribution optimization, target group management, e-ticketing, and fleet management
- Vehicle Digital Solutions: Develops segment-specific software and information services covering vehicle lifecycle processes such as sales, repair, rental, financing, insurance, valuation, damage inspection, and dismantling
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Progrits
InRule
HQ: United States
Website
- Description: Provider of an AI decisioning platform that unifies decisioning, machine learning, and process automation, integrating with existing systems to automate complex decisions and reduce errors. Offerings include the InRule Decision Platform for authoring, changing, and testing rules previously embedded in code; xAI Workbench for predictive analytics and decision automation; and tailored solutions for financial services and healthcare.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Lombardi
HQ: United States
Website
- Description: Provider of business process management software and services in the United States, offering Teamworks 6, a BPM suite that provides a platform to deliver applications supporting process improvement, and Blueprint, a SaaS-based BPM product for companies to map business.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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JobRouter
HQ: Germany
Website
- Description: Provider of a full-featured, low-code digital process automation platform for modeling, controlling and optimizing workflows and managing documents and data, with integration capabilities. Offerings include workflow, document and data management, case management, JobRouter Academy courses, and cloud services for hosting, management, scalability, and remote access.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Parabola
HQ: United States
Website
- Description: Provider of a spreadsheet alternative that enables companies to pull in data from scattered spreadsheets, tools, emails, and PDFs, combine and transform it on a canvas, and create automated processes by building logic that replicates the manual work done every day.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Parabola company profile →
Work-Relay
HQ: United States
Website
- Description: Provider of a Salesforce-native workflow solution that digitizes, manages, and optimizes repeating work across complex operations, providing a single system of record. Offers tools including a Design Console for resource-aware workflow design, Management and User Consoles for visibility and execution, a Process Wizard to build and activate process models in Salesforce, and a Planning Dashboard to view processes by resource and team.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Work-Relay company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Progrits
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Progrits
2.2 - Growth funds investing in similar companies to Progrits
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4 - Top valuation comps for Progrits
4.2 - Public trading comparable groups for Progrits
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