PowerPlan - About the company
PowerPlan is an acquired company based in Atlanta (United States), founded in 1994 by Patricia Pelling and Mark E Heinemann. It operates as a Financial performance software for asset-intensive organizations, empowering strategic decisions and compliance. PowerPlan has raised $110M in funding from JMI Management and TPG. The company has 3018 active competitors, including 243 funded and 180 that have exited. Its top competitors include companies like Ramp, Vyapar and FreeAgent.
Company Details
Financial performance software for asset-intensive organizations, empowering strategic decisions and compliance. It offers a next-generation platform that helps companies optimize financial decisions across the enterprise capital lifecycle. The software provides solutions for income and property tax, project, asset, and lease accounting, rate case support, and planning and budgeting. It enables organizations to combine financial and operational asset data for optimized strategies. The platform mitigates compliance risk, streamlines regulatory processes, and automates reporting. It supports strategic financial asset scenarios, improves cash and earnings, and offers tools for data access, analysis, integration, and automation. The company provides cloud-based and on-premise solutions, along with training and support services. It serves industries with solutions for regulatory reporting, revenue requirement analysis, and project cost management. The platform offers features like login, data hub, and workflow process automation.
- Website
- powerplan.com
- Email ID
- *****@powerplan.com
- Phone Number
- +1 **********
- Registered Address
- Atlanta, Georgia
Key Metrics
Founded Year
1994
Location
Atlanta, United States
Stage
Acquired
Total Funding
$110M in 1 round
Latest Funding Round
Investors
Ranked
79th among 3018 active competitors
Employee Count
382 as on Sep 30, 2026
Exit Details
Acquired by Roper Technologies (May 21, 2018)
Legal entities associated with PowerPlan
PowerPlan is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
POWERPLAN, INC. CIN: 582102944 , United States, Active | Dec 31, 1993 | - | 281 (As on Dec 31, 2020) | - |
PowerPlan's acquisition details
PowerPlan got acquired by Roper Technologies on May 21, 2018 at an acquisition amount of $*****.
Click here to take a look at PowerPlan's acquisition in detail
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PowerPlan's funding and investors
PowerPlan has raised a total funding of $110M over 1 round. Its latest funding round was a PE round on Feb 17, 2010 for $*****. 2 investors participated in its latest round. PowerPlan has 4 institutional investors.
Here is the list of recent funding rounds of PowerPlan:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 17, 2010 | 9260791 | PE | 8810482 | 2332174 | 1427597 | 7818951 |
View details of PowerPlan's funding rounds and investors
PowerPlan's founders and board of directors
Founder? Claim ProfileThe founders of PowerPlan are Patricia Pelling and Mark E Heinemann.
Here are the details of PowerPlan's key team members:
- Patricia Pelling: Co-Founder of PowerPlan.
- Mark E Heinemann: Co-Founder of PowerPlan.
- Joe Gomes: CEO of PowerPlan.
View details of PowerPlan's Founder profiles and Board Members
PowerPlan's employee count trend
PowerPlan has 382 employees as of Sep 26. Here is PowerPlan's employee count trend over the years:
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PowerPlan's Competitors and alternates
Top competitors of PowerPlan include Ramp, Vyapar and FreeAgent. Here is the list of Top 10 competitors of PowerPlan, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ramp 2019, New York City (United States), Series G | Provider of a platform for spend management, corporate cards, and payables | $5.07B | 85/100 | |
2nd | Developer of software for business accounting and inventory management tasks | $35.9M | 82/100 | ||
3rd | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 80/100 | |
4th | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 79/100 | |
5th | Cloud-based financial management and accounting software platform | $442M | 78/100 | ||
6th | Online accounting and invoicing solutions for SMBs | $40.9M | 76/100 | ||
7th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
8th | Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 74/100 | |
9th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
10th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 74/100 | |
79th | PowerPlan 1994, Atlanta (United States), Acquired | Financial performance software for asset-intensive organizations, empowering strategic decisions and compliance | $110M | 53/100 |
Looking for more details on PowerPlan's competitors? Click here to see the top ones
PowerPlan's Investments and acquisitions
PowerPlan has made no investments or acquisitions yet.
Reports related to PowerPlan
Here is the latest report on PowerPlan's sector:
News related to PowerPlan
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PowerPlan Announces NXT: 30 Years of Industry Expertise, Now Powered by AIUtility Dive•Mar 31, 2025•PowerPlan
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PowerPlan Announces NXT: 30 Years of Industry Expertise, Now Powered by AIGlobeNewswire•Mar 25, 2025•PowerPlan, Roper Technologies
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Veteran Software Leader Raphael Shure Named CEO of PowerPlan to Succeed Joe GomesGlobeNewswire•Feb 24, 2025•PowerPlan, Aderant
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Lucasys receives $24M from Roper Technologies subsidiary PowerPlan to settle antitrust claimsAgrigateglobal•Jan 07, 2025•Lucasys, PowerPlan
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Juvare Appoints New CEO and CFO, Prepares for Next Phase of GrowthTullahoma News•Jul 17, 2023•Juvare, Unanet, PowerPlan
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Command Alkon Expands Leadership Team with Brett BertzCsengineermag•Dec 14, 2022•Command Alkon, PowerPlan
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PowerPlan Announces Launch of Tax Fixed Assets (TFA) | FinancialCalgary Herald•Dec 07, 2022•PowerPlan
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