Company Overview
Snapshot
Founded in October 2016 by Eden Amirav, BeProfit operates with 11–50 employees. The company has raised $6M across one funding round. In October 2024, BeProfit was acquired by Viably.
Business overview
BeProfit provides an analytics dashboard designed for eCommerce sellers, offering a clear, real-time view of expenses, revenue, and profits. Its core technology simplifies complex business metrics into ready-made reports, enabling online merchants to understand factors impacting their bottom line, identify margin-eating elements, and optimize for profit growth. The company serves the eCommerce industry, operating within the Business Software, Fintech, and eCommerce sectors.
Strategic signal
In October 2024, BeProfit was acquired by Viably, a strategic move aimed at enhancing Viably's eCommerce banking solution. This acquisition signals a consolidation within the fintech and eCommerce analytics space, indicating a market demand for integrated financial management tools for online businesses. For investors, this highlights the value placed on specialized solutions that provide clear financial insights to eCommerce operators.
Company Intelligence Q&A
- What was the most significant recent corporate development for BeProfit?
- In October 2024, BeProfit was acquired by Viably. This acquisition was announced to enhance Viably's eCommerce banking solution.
- When was BeProfit founded and by whom?
- BeProfit was founded in October 2016 by Eden Amirav.
- What is BeProfit's primary focus?
- BeProfit focuses on providing a profit and expense analytics dashboard specifically for eCommerce sellers, helping them gain real-time insights into their financial performance.
- What was BeProfit's total capital raised?
- BeProfit raised a total of $6M across one funding round.
- Did BeProfit engage in any strategic partnerships recently?
- In May 2023, BeProfit joined forces with Wise Advice to empower eCommerce businesses with virtual CFO services.