Company:Profit.co

From HandWiki
Profit.co
TypePrivate
IndustrySaaS
Founded2018
FounderBastin Gerald
Headquarters
Plano, Texas
,
U.S.
Websitewww.profit.co

Profit.co is an American SaaS company that develops an OKR and performance management platform.[1][2] The company is headquartered in Plano, Texas, with additional offices in Singapore, India, and Japan.[1]

History

Profit.co was founded in 2018 by Bastin Gerald.[1][3] In August 2022, the company raised $11 million in its first institutional funding round, led by Elevation Capital. At the time of the announcement in January 2023, Profit.co reported approximately 1,100–1,300 customers across 25 countries.[1][2][4]

Platform

The platform uses the OKR framework and a methodology called PEEL (Plan, Execute, Engage, Learn).[1][5] Modules include OKR management, task and project management, performance reviews, employee engagement, and analytics.[5][6] The platform integrates with third-party applications including Microsoft 365, Google Workspace, Slack, Salesforce, and Jira.[1]

Recognition

Profit.co was named to the Constellation Research ShortList for Performance Management Platforms.[7]

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 Miller, Ron (January 31, 2023). "Backed by Elevation Capital, Profit.co helps companies execute OKRs". https://techcrunch.com/2023/01/31/profit-co/. 
  2. 2.0 2.1 Prosser, David (January 31, 2023). "Sort Your KPIs From Your OKRs: How Profit.co Is Helping More Businesses Hit Their Targets At Last". https://www.forbes.com/sites/davidprosser/2023/01/31/sort-your-kpis-from-your-okrs-how-profitco-is-helping-more-businesses-hit-their-targets-at-last/. 
  3. Prosser, David (January 21, 2020). "Why is everyone making OKR software?". https://techcrunch.com/2020/01/21/why-is-everyone-making-okr-software. 
  4. "Profit.co raises $11 million in funding led by Elevation Capital". January 31, 2023. https://economictimes.indiatimes.com/tech/funding/profit-co-raises-11-million-in-funding-led-by-elevation-capital/articleshow/97499937.cms. 
  5. 5.0 5.1 RP, Srikanth (August 3, 2021). "OKRs can help keep employees stay engaged throughout the entire quarter: Senthil Rajagopalan, Profit.co". https://www.expresscomputer.in/interviews/okrs-can-help-keep-employees-stay-engaged-throughout-the-entire-quarter-senthil-rajagopalan-profit-co/78160/. 
  6. Parth, Shubehndu (October 1, 2021). "OKRs should be put at the center of all business processes: Senthil Rajagopalan, Profit.co". https://www.dqindia.com/okrs-should-be-put-at-the-center-of-all-business-processes-senthil-rajagopalan-profit-co/. 
  7. "Constellation ShortList™ Performance Management Platforms". August 8, 2025. https://www.constellationr.com/research/constellation-shortlist-performance-management-platforms.