BeProfit
Profit & Expense Analytics Dashboard for eCommerce Sellers
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, marking a significant milestone in its journey.
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 optimize their stores for profitability by identifying factors impacting their bottom line and revealing margin inefficiencies. The company operates within the Business Software sector, specifically serving the eCommerce industry with its financial analytics solutions.
Strategic signal
The acquisition of BeProfit by Viably in October 2024 signals a strategic consolidation in the FinTech and eCommerce banking solutions market. This move indicates Viably's intent to enhance its offerings by integrating BeProfit's profit and expense analytics capabilities, suggesting a growing demand for comprehensive financial management tools for online businesses. For investors, this highlights the value of specialized analytics platforms in the evolving eCommerce landscape and the potential for strategic exits.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant recent corporate development for BeProfit?
- In October 2024, BeProfit was acquired by Viably. This acquisition aims to enhance Viably's eCommerce banking solution by integrating BeProfit's profit and expense analytics capabilities.
- What is BeProfit's primary focus?
- BeProfit focuses on providing an analytics dashboard for eCommerce sellers, enabling them to gain a clear, real-time view of their expenses, revenue, and profits to optimize their business for profitability.
- When was BeProfit founded?
- BeProfit was founded in October 2016.
- How much capital has BeProfit raised?
- BeProfit has raised $6M in total funding.
- What was a key partnership for BeProfit in 2023?
- In May 2023, BeProfit joined forces with Wise Advice to empower eCommerce businesses with virtual CFO services.