ProfitSolv
- Company typePrivate
- Founded2020
- HeadquartersKnoxville, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What ProfitSolv does
ProfitSolv is a privately held, PE-backed platform company headquartered in Knoxville, Tennessee (with a secondary office in West Palm Beach, Florida) that aggregates a portfolio of 13+ specialized software brands serving professional services firms across three verticals: legal, accounting, and consulting/architecture/engineering. Core platform brands include CosmoLex, Rocket Matter, TimeSolv, Tabs3, Orion Law Management Systems, Mango Practice Management, and Paymo, augmented by integrated add-on modules for payments (CosmoLexPay, Rocket MatterPay, TimeSolvPay, Tabs3Pay, Mango Payments, LexCharge), file-sharing and e-signature (LexShare, LexSign, Mango Share), and CRM/marketing (Law Ruler, CosmoLex CRM, Rocket Matter CRM, Clearview Social, TitleTap). The technology stack is cloud-based SaaS with native integrations to QuickBooks, PayPal, and SAML SSO identity providers, and features IOLTA-compliant trust accounting, deep practice management workflows, and bank-level encrypted file-sharing.
The company's revenue model is dual-engine: subscription SaaS fees for the core practice management and add-on modules, supplemented by payment transaction fees routed through the brand-specific payment portals. Pricing is quote-based with custom enterprise tiers and monthly billing cadence; sales motion is primarily consultative/enterprise field sales targeting mid-market and enterprise firms, with self-serve adoption available at the individual brand level for smaller firms. Go-to-market covers three primary segments — law firms (primary), accounting firms (primary), and other professional services firms (secondary) — with industry-specific positioning in each. Marketing channels include branded blogs, a podcast ("The Gameplan: A Playbook for Winning Law Firms"), social media, SEO-driven content, and an owned employee advocacy platform (Clearview Social).
ProfitSolv is majority-owned by PE firms FTV Capital and Lightyear Capital following a June 2025 co-led investment that brought FTV in as an equal co-owner alongside Lightyear, with prior minority investor Greater Sum Ventures exiting. Founded in 2020 but built through acquisitions of brands with 122+ combined years of operating history, the company reports 100,000+ professionals using its solutions and 250,000+ matters and projects managed on its platform. The company is compliance-certified under GDPR and CCPA, serves exclusively the U.S. market, and maintains 101–250 employees.
ProfitSolv firmographics
Firmographics- Name
- ProfitSolv
- Legal name
- ProfitSolv Corporation
- Website
- https://profitsolv.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Where ProfitSolv is headquartered
LocationHeadquarters
- HQ city
- Knoxville
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
ProfitSolv business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Practice Management Software Subscriptions: SaaS-based subscription fees for practice management, billing, time tracking, and related software solutions across the ProfitSolv brand portfolio. The suite approach enables bundling and cross-selling across brands.
- Professional Services Payments Processing: Payment solutions for professional services firms including credit card processing, online invoicing, recurring billing, and payment plan facilitation. Integrated payment offerings across CosmoLexPay, LexCharge, Rocket MatterPay, TimeSolvPay, Tabs3Pay, and Mango Payments.
- Professional Services: The company provides a comprehensive suite of software solutions for professional services firms, with stated mission of 'supporting clients' growth and profitability by solving their business problems with integrated, easy-to-use technology solutions.'
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Custom enterprise pricing based on firm size and selected modules |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
ProfitSolv product offering
Product offeringCore offering
ProfitSolv is a comprehensive suite of cloud-based billing, payments, practice management, document management, and e-signature software solutions for legal, accounting, and other professional services firms including consulting, architecture, and engineering. The platform combines 13+ acquired brands with integrated add-on modules for payments, CRM, file-sharing, and marketing, sold via subscription and integrated payment-processing fees.
Product overview
ProfitSolv is a platform company operating a portfolio of best-in-class software solutions for professional services firms, organized into three vertical suites: Legal (CosmoLex, Rocket Matter, TimeSolv, Tabs3, Orion Law, LexCharge, CosmoLexPay, Rocket MatterPay, TimeSolvPay, Tabs3Pay, LexShare, LexSign, Law Ruler, CosmoLex CRM, Rocket Matter CRM, Clearview Social, TitleTap), Accounting (Mango Practice Management, Mango Payments, Mango Share), and Professional Services (Paymo). The architecture is a platform-plus-modules model where the core practice management brands serve as the primary platform, augmented by specialized add-on modules for payments, file-sharing, eSignature, CRM, and marketing. The company acquired and integrates these distinct brands under a unified go-to-market umbrella while maintaining each product's standalone identity.
Differentiator
Problem solved
Functional benefit
Brands
- CosmoLex: Cloud-based law practice management software integrating trust and business accounting, time tracking, billing, email and document management
- Rocket Matter
- TimeSolv
- Tabs3
- Law Ruler
- LexShare
- LexSign
- LexCharge
- Clearview Social
- TitleTap
- Mango Practice
- Paymo
- Orion Law Management Systems
Products and services
- CosmoLex Cloud-based law practice management software that integrates trust and business accounting, time tracking, billing, email and document management, and tasks and calendaring in a single application for law firms.
- Rocket Matter Legal practice management platform that allows law firms to organize matters, capture time and expenses, support efficient billing practices, measure and monitor performance, and offer exceptional client service.
- TimeSolv Legal industry's top-ranked time and billing software for usability, handling any billing scenario for firms that need robust time and billing without full practice management features.
- Tabs3 Legal practice management software with reliable, effective, and flexible tools for managing a firm, available in cloud, hosted, or on-premises deployment options.
- Orion Law Management Systems All-in-one law firm management solution operating since 1985, providing tools necessary to run a successful law firm including practice management, billing, and client communication.
- Law Ruler Legal CRM software that transforms how practices manage leads, prospects, and clients with user-friendly, growth-oriented cloud solutions for marketing and intake management.
- Clearview Social Employee advocacy software empowering employees to share company content across social media with customizable content queues, automated scheduling, and social media marketing performance analytics.
- TitleTap Turn-key customized websites and marketing services for law firms and title companies, providing automated marketing and maximized reach for business growth.
- Mango Practice Management Practice management software designed by accountants for accountants and CPAs, providing the best practice management tools for consulting and accounting professionals.
- Paymo Project management, time tracking, invoicing, and profitability measurement platform for professional services firms.
- CosmoLexPay Integrated payment solution with built-in trust accounting that streamlines billing and invoicing, providing clients with a custom-built self-serve online portal for payments.
- Rocket MatterPay Online invoicing and payment solution offering payment plans, automated recurring billing, and keeping credit card information on file for law firms using Rocket Matter.
- TimeSolvPay Custom-built payment portal allowing law firms to track data and get instant visibility into deposits, supporting PayPal as a payment method.
- Tabs3Pay Online payment solution enabling clients to pay bills easily and securely through a web portal for increased convenience.
- LexCharge Credit card processing and payment solution combining deep experience in credit card processing with the business side of running a law firm.
- Mango Payments Integrated payment solution baked into Mango Practice that accelerates payment collection while ensuring a positive client experience.
- LexShare Secure file-sharing technology allowing users to send, receive, and organize documents of any size from anywhere with bank-level encryption, data backups, and access permissions.
- LexSign Convenient, simple, and legally binding eSignature tools enabling customized signature requests via email or text that clients complete in a few clicks.
- Mango Share Secure file-sharing and eSignature tools integrated with Mango Practice that remove barriers using tools accountants already use daily.
Quantifiable outcome
- 100,000+ professionals using ProfitSolv solutions across the portfolio
- +2 more outcomes
Companies that use ProfitSolv
Customer profileSegments3 records
Ideal customer profiles3 records
ProfitSolv technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature8 records
ProfitSolv partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights6 records
ProfitSolv competitors and assessment
Company assessmentDirect peers
- Canopy: Practice management platform built for accounting firms with workflow, document management, and client communication features — competitive with Mango Practice in the same accounting segment.
- Clio: Leading cloud-based legal practice management platform serving law firms of all sizes with similar practice management, billing, and payments functionality. Closely comparable product, target customer, and cloud-delivery model.
- Smokeball: Legal practice management and automated legal accounting software targeting small law firms, with overlapping workflows in time tracking, billing, trust accounting, and matter management.
- Karbon: Practice management workflow software for accounting firms — directly comparable to Mango Practice's accounting vertical with overlapping time/billing/project management functionality.
- MyCase: Legal practice management software offering case management, billing, payments, and client communication tools to small and mid-market law firms — directly overlapping with CosmoLex, Rocket Matter, and Law Ruler.
- PracticePanther: Cloud legal practice management platform serving small to mid-sized law firms with matter management, time tracking, billing, and payment features similar to ProfitSolv's law-firm offerings.
Broad incumbents
- iManage: Enterprise document and email management platform for legal and professional services firms, comparable to LexShare's file-sharing and document management capabilities for mid-market and large firms.
- NetDocuments: Established cloud document management and eSignature platform serving large law firms and professional services — overlapping with LexShare and LexSign in the document workflow layer.
- Thomson Reuters (Legal): Diversified legal technology and information incumbent offering practice management, billing, and matter management — broader portfolio than ProfitSolv but overlaps in mid-market legal firm workflows.
- Wolters Kluwer Legal & Regulatory: Global legal technology and compliance software incumbent with practice management, document automation, and workflow products — overlapping with ProfitSolv in regulated legal workflows and serving as a roll-up comparison.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
ProfitSolv social profiles
Digital presenceProfitSolv compliance and trust
Trust signalCompliance2 records
ProfitSolv financial estimates
Financial estimateRevenue estimate
Valuation estimate
ProfitSolv leadership team
Management profileNumber of profiles
Profiles9 records
ProfitSolv subsidiaries and ownership
Company hierarchySubsidiaries13 records
ProfitSolv funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ProfitSolv M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ProfitSolv
What does ProfitSolv do?
ProfitSolv is a comprehensive suite of cloud-based billing, payments, practice management, document management, and e-signature software solutions for legal, accounting, and other professional services firms including consulting, architecture, and engineering. The platform combines 13+ acquired brands with integrated add-on modules for payments, CRM, file-sharing, and marketing, sold via subscription and integrated payment-processing fees.
Is ProfitSolv a public or private company?
ProfitSolv is a private company. It is classified as private equity controlled and is currently operating.
When was ProfitSolv founded?
ProfitSolv was founded in 2020. It employs 101 to 250 people.
Where is ProfitSolv based?
ProfitSolv is headquartered in Knoxville, United States, in the North America region.
How does ProfitSolv make money?
Three revenue lines are on record. Practice Management Software Subscriptions are the primary driver. The others are professional Services Payments Processing and professional Services.
Who are ProfitSolv's main competitors?
Direct peers on record are Canopy, Clio, Smokeball, Karbon, MyCase and PracticePanther. Broad incumbents are iManage, NetDocuments, Thomson Reuters (Legal) and Wolters Kluwer Legal & Regulatory.
Does ProfitSolv have an API?
No public API is recorded for ProfitSolv.