When was PROFITsystems founded?

PROFITsystems was founded in 1979.

Where is PROFITsystems located?

PROFITsystems is headquartered in Colorado Springs, United States.

Who is the current CEO of PROFITsystems?

Michael Cornell of PROFITsystems.

How many employees does PROFITsystems have?

As of Jul 31, 2026, the latest employee count at PROFITsystems is 13.

Where does PROFITsystems rank among its competitors?

PROFITsystems ranks 244th amongst 935 active competitors, of which 90 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was StoreHub, which secured an undisclosed amount in Aug, 2026.

Who are the top competitors of PROFITsystems?

PROFITsystems' top competitors include RELEX, Lightspeed and Wasoko. Among them, StoreHub secured the most recent funding round in August, 2026.

PROFITsystems - 2026 Company Profile, Team, Funding & Competitors

PROFITsystems is an acquired company based in Colorado Springs (United States), founded in 1979. It operates as a Retail management software solutions for furniture and home goods retailers. The company has 935 active competitors, including 90 funded and 107 that have exited. Its top competitors include companies like RELEX, Lightspeed and Wasoko.

Company Details

Retail management software solutions for furniture and home goods retailers. They provide comprehensive retail solutions, including enterprise software, consulting, performance groups, advanced education, eCommerce, and business intelligence. Their flagship product features real-time inventory management, customer relationship management (CRM), point-of-sale (POS), and accounting systems. They offer cloud solutions, inventory software, barcoding, distribution management, and retail accounting software. They focus on improving profitability for retailers through superior service, business consulting, hands-on training, and educational seminars. They offer support through a customer feedback portal, library, and contact options. They provide retail business intelligence, sales management, and integration partners. They offer client login and customer support.

Website: www.profitsystems.com/
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Key Metrics

Founded Year

1979

Location

Colorado Springs, United States

Stage

Acquired

Investors

Riverside

Ranked

244^th among 935 active competitors

Employee Count

13 as on Jul 31, 2026

Similar Companies

Lightspeed & 459 more

Exit Details

Acquired by Accellos (Nov 13, 2013)

View PROFITsystems' full profile

PROFITsystems got acquired by Accellos on Nov 13, 2013.

Click here to take a look at PROFITsystems's acquisition in detail

PROFITsystems is a funded company. PROFITsystems has 1 institutional investor.

View details of PROFITsystems's funding rounds and investors

PROFITsystems' employee count trend

PROFITsystems has 13 employees as of Jul 26. Here is PROFITsystems's employee count trend over the years:

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Top competitors of PROFITsystems include RELEX, Lightspeed and Wasoko. Here is the list of Top 10 competitors of PROFITsystems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RELEX 2005, Helsinki (Finland), Series D	Provider of unified platform for retail and supply chain planning	$816M	Summit Partners, TCV & 4 others	76/100
2nd	Lightspeed 2005, Montreal (Canada), Public	Provider of point of sale and payment platform for businesses	$292M	CDPQ, Inovia Capital & 8 others	76/100
3rd	Wasoko 2013, Nairobi (Kenya), Series B	Online retailer of everyday consumer goods providing delivery services to shops	$152M	Impact Engine, Tiger Global Management & 40 others	67/100
4th	Index (acquired by Stripe) 2012, San Francisco (United States), Acquired	Payment solutions and personalized marketing to offline retailers	$26M	AIMCo, Innovation Endeavors & 6 others	66/100
5th	Fluent Commerce 2013, Sydney (Australia), Series C	Cloud-based back-end management solutions for omnichannel retailers	$59.7M	Arrowroot Capital Management, Qualgro & 34 others	63/100
6th	LiteStore 2021, Bengaluru (India), Series A	Platform that enables brands to source, design, and operate retail stores	$11.2M	Accel, Sorin & 10 others	62/100
7th	Vend 2010, San Francisco (United States), Acquired	Cloud-based retail POS solutions	$45.9M	Movac, Jasmine Social Investments & 18 others	61/100
8th	Mad Mobile 2010, Tampa (United States), Series A	Developer of artificial intelligence platforms for retail and restaurant operations	$20M	Eastward Capital Partners, Morgan Stanley ... & 2 others	59/100
9th	Linx 1985, Sao Paulo (Brazil), Acquired	Cloud-based suite software for the retail industry	-	General Atlantic, Oria Capital	58/100
10th	StoreHub 2013, Petaling Jaya (Malaysia), Series A	Cloud based POS and inventory management system	$28.5M	Vertex Ventures, 500 Global & 22 others	58/100
244th	PROFITsystems 1979, Colorado Springs (United States), Acquired	Retail management software solutions for furniture and home goods retailers	-	Riverside	29/100