Prime Advantage

company

About

Prime Advantage is a buying group, delivering total cost reduction to members through group volume discounts, rebates, and more.

  • 11 - 50

Details

Last Funding Type
Series C
Last Funding Money Raised
$23M
Industries
Consulting,Industrial,Manufacturing
Founded date
Jan 1, 1997
Number Of Employee
11 - 50
Operating Status
Active

Prime Advantage is a buying group, delivering total cost reduction to members through group volume discounts and rebates, networking, education, benchmarking, and sharing best practices. Members of Prime Advantage benefit by reducing their overall costs, partnering with top performing suppliers, and reducing supply chain risk. Endorsed Suppliers of the company benefit by increased market share and decreased sales cycle time. Its main goal is to make mid-sized manufacturing companies more competitive from a cost standpoint.


Prime Advantage is a Group Purchasing Organization for industrial manufacturing and food processing firms, dedicated to bringing its clients the best possible savings on raw materials, components, supplies, and services. By combining the purchasing power of mid-sized firms, it uses its group power to negotiate volume rebates and discounts with an exclusive group of Endorsed Suppliers.


Prime Advantage was founded in 1997 by [Louise O'Sullivan](http://www.crunchbase.com/person/louise-o-sull...

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$23M
Prime Advantage has raised a total of $23M in funding over 2 rounds. Their latest funding was raised on Aug 8, 2000 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 8, 2000 Series C $23M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Prime Advantage is funded by 1 investors. Staenberg Private Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Staenberg Private Capital Series C