ProfitSolv secures investment led by FTV Capital and Lightyear Capital. The funds will be used for product innovation, enhancing payments, and M&A.

Jun 25, 2025•about 2 months ago

KnoxvilleSoftware

Investors

Lightyear CapitalFtv Capital

Description

ProfitSolv, a Knoxville-based provider of software and payment solutions for professional services, received investment co-led by FTV Capital and Lightyear Capital. The funding amount was not disclosed. The company aims to consolidate its market position while focusing on product innovation and growth through acquisitions. ProfitSolv serves about 21,000 clients across the United States.

Company Information

Company

ProfitSolv

Location

Knoxville, Tennessee, United States

About

ProfitSolv is a provider of practice management software and payments for legal, accounting, and professional services firms. The company offers a comprehensive suite of solutions used by a wide range of professional services firms, from single practitioners to larger organizations. ProfitSolv aims to support client growth and profitability through integrated technology offerings. It currently serves approximately 21,000 clients across the United States.

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers