Queen City Angels Closes Investment in T-Pro Solutions
Cincinnati, OH (PRWEB) July 20, 2015 -- Queen City Angels, the region’s longest running angel group, today announced an investment in T-Pro Solutions, a New Albany, Ohio-based Software-as-a-Service provider. The rapidly growing business provides consumer package goods (CPG) manufacturers, including Kellogg’s and TreeTop, with a suite of software applications that help them more efficiently analyze, predict and manage their trade promotion investment. The round of funding was part of a strategic collaborative effort among three of Ohio’s largest angel investment groups, including Rev1 Ventures and Ohio TechAngels Funds. QCA also announced today that member Alan Roth has been appointed to the T-Pro Solutions’ board of directors.
“The angel community in Ohio has provided incredible resources, including access to business leaders and industry experts with practical experience to help grow our business,” said Terry Ziegler, CEO of T-Pro Solutions. “Our investors’ ongoing contributions have really helped our business thrive. It’s also great to see QCA’s interest in analytics companies, as T-Pro Solutions is the third data company investment in the past several months. Our team welcomes QCA and Alan Roth to our family and appreciates their interest in our company’s success.”
CPG companies spend 20 percent of their revenues promoting their products in-store and operate on thin margins. The T-Pro Solutions software provides predictive analytics software that help to protect the margins by delivering more accurate trade promotion planning and optimization.
“T-Pro Solutions has a clearly defined target market and a proven technology that solves an industry challenge, helping CPG manufacturers such as Kellogg’s to protect their margins and improve discount and trade promotion spending,” said Tony Shipley, Chair of QCA. “The company has a strong, experienced leadership team that understands the market, and we appreciate the opportunity to contribute to their success. Like, Rev1 and Ohio TechAngels, we are committed to Ohio’s start-ups and entrepreneurs, and this collaborative investment is yet one more example of how we can build and grow Ohio companies.”
Earlier this year, QCA announced investments in Liquid, a start-up building a mobile, real-time digital platform for scientific data acquisition, analysis and collaboration; and Infrared Digital, which is developing a big data platform and developer community for reusable and re-saleable analytics modules and plug-ins.
About Queen City Angels
The Queen City Angels (QCA) is a group of more than 50 experienced accredited investors who provide funding, support and guidance to early-stage growth companies in the Cincinnati area and surrounding region. QCA members, which include former C-level executives and entrepreneurs, draw from their personal operating and management experience to evaluate opportunities and provide on-going mentoring to young businesses with exceptional growth potential. Since 2000, QCA members have directly invested more than $45 million in 75 portfolio companies, which have collectively raised over $350 million. CB Insight recently ranked QCA second out of 370 national angel organizations. For additional information, visit http://www.qca.com.
About T-Pro Solutions
T-Pro Solutions provides CPG clients accurate, real-time information by integrating TPM data into a user-friendly dashboard for planning, forecasting and predictive analytics. T-Pro Analytics is a cloud-based SaaS solution. By combining CPG intelligence silos, clients can optimize promotional ROI in real-time. T-Pro Analytics can be implemented in a couple of months, is easy to use, and is affordable. T-Pro Solutions is based in Columbus, Ohio. To learn more about T-Pro Solutions and sign up for an in-depth T-Pro Analytics trade management optimization software demonstration, visit http://www.t-prosolutions.com or email info(at)t-ProSolutions(dot)com
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Scott Jacobs, Queen City Angels, +1 (513) 373-6972, [email protected]
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