PROS

PROS develops an AI-based platform that offers price management, CPQ and revenue optimization solutions for automotive, travel and energy sectors. Read more

1,714 Followers on Owler
1,714 Followers on Owler
1,714 Followers on Owler
1,714 Followers on Owler

PROS

PROS develops an AI-based platform that offers price management, CPQ and revenue optimization solutions for automotive, travel and energy sectors. Read more

Andres D. Reiner's photo - President & CEO of PROS

President & CEO

Andres D. Reiner

CEO Approval Rating

77/100

Founded:

1985

Status:

PublicIndependent CompanyNYSEPRO

PROS TOP COMPETITORS OR ALTERNATIVES

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CEO

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Apttus is the biggest rival of PROS. Apttus is headquartered in San Mateo, California, and was founded in 2006. Like PROS, Apttus also operates in the Internet Software space. Apttus generates 60% the revenue of PROS.

Model N, Inc. is PROS's #2 competitor. Model N, Inc. is a Public company that was founded in San Mateo, California in 1999. Like PROS, Model N, Inc. also works within the Fintech sector. Model N, Inc. has 364 fewer employees vs. PROS.

Vendavo has been one of PROS's top competitors. Vendavo's headquarters is in Denver, Colorado, and was founded in 1998. Vendavo operates in the Enterprise Software industry. Vendavo generates 14% of PROS's revenue.

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PROS Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$247.5M

PROS's revenue is the ranked 8th among it's top 10 competitors. The top 10 competitors average 10.2B. Over the last four quarters, PROS's revenue has decreased by 3.7%. Specifically, in Q1 2021's revenue was $61.4M; in Q4 2020, it was $60.9M; in Q3 2020, it was $61.5M; in Q2 2020, PROS's revenue was $63.7M.

PROS Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Travelaer, SAS

Aug 2019

Source »
$12M
Travelaer develops a user-centric software that provides customer engagement and digital products solutions for the airline industry.
Vayant Travel Technologies, Inc.

Aug 2017

Source »
$35M
Vayant is a cloud based software company that provides pricing, shopping, merchandising and NDC distribution solutions for the airline sector.

-

-

Jan 2014

Source »
$33M
-

These are all the companies that PROS has acquired. PROS has acquired 3 companies and its latest acquisition was Travelaer, SAS in Aug 2019. Travelaer develops a user-centric software that provides customer engagement and digital products solutions for the airline industry.

PROS Funding History

Since PROS was founded in 1985, it has participated in 2 rounds of funding. In total PROS has raised $225.1M. PROS's last funding round was on Sep 2020 for a total of $150.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Sep 2020
$150M
-
IPO
Jun 2007
$75.1M

Since PROS was founded in 1985, it has participated in 2 rounds of funding. In total PROS has raised $225.1M. PROS's last funding round was on Sep 2020 for a total of $150.0M

PROS Investments

No recent investments found related to PROS

These are all the companies that PROS has invested in. PROS has invested 3 companies and its latest investment was Travelaer, SAS in Aug 2019. Travelaer develops a user-centric software that provides customer engagement and digital products solutions for the airline industry.

PROS News

April 6, 2021Markets Insider

PROS Holdings, Inc. Announces Date of First Quarter 2021 Financial Results Release, Conference Call, and Webcast

PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, w... See more »
March 11, 2021MarketScreener

Partners with ISB AG to Tackle Pent-up Demand for Pricing Excellence in DACH

(marketscreener.com) Strategic partnership pairs market-leading pricing solutions, domain expertise a... See more »
March 2, 2021MarketScreener

Dynamic Offers Liberates Airlines From Legacy Barriers to Accelerate Airline Retailing

(marketscreener.com) Comprehensive offer management solution powered by proprietary dynamic pricing d... See more »
March 2, 2021Martech News

AI-Powered Sales Solution Provider PROS Appoints New CMO

PROS® a provider of AI-powered solutions that optimize selling in the digital economy, today announce... See more »
February 22, 2021MarketScreener

Taking Control of the Energy Sector in 2021

(marketscreener.com) Haley Glasgow, Head of Strategic Consulting and Alliances, APAC at PROS Australi... See more »
February 22, 2021Markets Insider

PROS Announces Virtual Investment Conference Schedule for March 2021

PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digi... See more »
February 5, 2021MarketScreener

Announces Group Sales Solutions to Accelerate Airline Recovery Efforts

(marketscreener.com) PROS, a provider of AI-powered solutions that optimise selling in the digital ec... See more »

PROS Blogs

September 13, 2018PROS Blog

Manitou Group Implements PROS Smart CPQ to Transform Digital eCommerce with Single Gateway for Global Dealer Network

Enables world-class customer experience for dealers, sales teams to track and analyze quotes, orders ... See more »
September 7, 2018PROS Blog

The Four Most Promising Applications of AI

By Michael Wu · September 7, 2018 Editor's note: Hear more on this topic from Wu in his keynote sessi... See more »
August 30, 2018PROS Blog

PROS Holdings, Inc. to Present at D.A. Davidson Vertical Tech Conference

HOUSTON, August 29, 2018- PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered solutions that op... See more »
August 22, 2018PROS Blog

PROS Selected to Address Mega Asia-Pacific Ancillary & Loyalty Conference

HOUSTON, Aug. 22, 2018 - PROS®(NYSE: PRO), a provider of AI-powered solutions that optimize selling i... See more »
August 20, 2018PROS Blog

4 Do's and Don'ts of Successful Pricing Strategies

Modern commerce is a whole new race. And it's going to get a lot harder from here on out with uncoord... See more »
August 15, 2018PROS Blog

PROS Announces Pricing of Follow-on Offering of Common Stock

HOUSTON, August 15, 2018 - PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize sellin... See more »
August 6, 2018PROS Blog

Driving Digital Transformation And A Better Customer Experience At PROS

By Jeff Leroux and Shastri Purushotma · August 6, 2018 Did you know that the same company that facili... See more »

PROS Press Releases

October 29, 2020Business Wire

PROS Expands Adobe Collaboration to Include Magento Commerce to Help Businesses Further Accelerate the Move to Digital

HOUSTON--(BUSINESS WIRE)--PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling... See more »
October 29, 2020Business Wire

PROS Holdings, Inc. Reports Third Quarter 2020 Financial Results

HOUSTON--(BUSINESS WIRE)--PROS Holdings, Inc. (NYSE: PRO), a provider of AI-powered solutions that op... See more »
October 6, 2020PressReleasePoint

All Nippon Airways Advances Digital Transformation Strategy with PROS

Japanese carrier transitions to AI-powered SaaS-based revenue management solution to drive recovery a... See more »
October 1, 2020Business Wire

PROS Named Only Challenger in the 2020 Gartner Magic Quadrant for Configure, Price and Quote Application Suites

HOUSTON--(BUSINESS WIRE)--PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling... See more »
September 30, 2020Business Wire

PROS Awarded Houston Business Journal 2020 Innovation Award

HOUSTON--(BUSINESS WIRE)--PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling... See more »
September 29, 2020Business Wire

PROS Delivers Enhanced Pricing Agility for CPQ to Further Power Digital Sales

HOUSTON--(BUSINESS WIRE)--PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling... See more »
September 17, 2020Business Wire

PROS Unveils Outperform 2020 'The Future is Digital' Agenda

HOUSTON--(BUSINESS WIRE)--PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling... See more »

PROS Videos

Social Media

PROS Headquarters

3200 Kirby Drive Suite 600

Houston, Texas77098

1-713-335-5105

Driving Directions »

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PROS Summary

ABOUT

Overview

PROS develops an AI-based platform that offers price management, CPQ and revenue optimization solutions for automotive, travel and energy sectors. PROS was founded in 1985. PROS's headquarters is located in Houston, Texas, USA 77098. It has raised 225...

CEO

PROS's President & CEO, Andres D. Reiner, currently has an approval rating of 77%. PROS's primary competitors are Apttus, Model N, Inc. & Vendavo.

Website

pros.com

Frequently Asked Questions about PROS

  1. When was PROS founded?

    PROS was founded in 1985
  2. Who is PROS's CEO?

    PROS's CEO is Andres D. Reiner
  3. How much revenue does PROS generate?

    PROS generates $247.5M in revenue
  4. How much funding does PROS have?

    PROS has historically raised $225.1M in funding
  1. Where is PROS's headquarters?

    PROS's headquarters is in Houston Texas, USA
  2. How many employees does PROS have?

    PROS has 1,145 employees
  3. What sector does PROS operate in?

    PROS is in Internet Software, Fintech, Enterprise Software
  4. Who are PROS's competitors?

    PROS's top competitors are Apttus, Model N, Inc., Vendavo