Prime Advantage

Prime Advantage

United States
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...
Founded date
01/01/1997
# of employees
11-50
Company type
For Profit

General & financials

Estimated revenue
$1M to $10M
# of funders
1
Founders
Louise O'Sullivan
Industry group
Manufacturing, Professional Services

Founding

Top 5 investors
Asset Management Ventures (AMV), Partech, Swander Pace Capital, Olympus Partners, El Dorado Ventures
# of funding runds
3
Last founding
$23.000.000
Total funded
$31.050.000

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