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Prime Advantage
Buying group, delivering total cost reduction to members through group volume discounts, rebates, and more
About Prime Advantage
OMNIA Partners is a leading cooperative purchasing organization that connects thousands of public agencies and educational institutions with a vast network of world-class supplier partners. Operating in the public procurement space, OMNIA Partners offers an extensive portfolio of high-quality cooperative contracts, enabling organizations to achieve their strategic goals through streamlined procurement processes. The business model revolves around leveraging immense purchasing power to provide competitively solicited and publicly awarded contracts, ensuring compliance with applicable procurement laws and regulations. By participating in OMNIA Partners' cooperative purchasing programs, agencies and institutions gain access to a wide array of products, services, and procurement solutions, enhancing their operational efficiency and cost-effectiveness. The organization serves a diverse clientele, including public sector entities and educational institutions, and is recognized for its seasoned team with over 200 combined years of public procurement experience. OMNIA Partners generates revenue through membership fees and partnerships with supplier partners, offering a trusted resource for optimizing procurement strategies.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C✓Equity / VC | Aug 2000 | $23M | $92M | Staenberg Venture Partners · Asset Management Ventures · Staenberg Private Capital · El Dorado Ventures | — |
| SERIES B✓Equity / VC | Jan 2000 | $7.3M | $29M | Partech · El Dorado Ventures · Asset Management Ventures · Staenberg Venture Partners | — |
Growth signals
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Staenberg Venture Partners
Asset Management Ventures
Series A2 investors entered at this stage
- EVEl Dorado Ventures
Partech
Series B and later4 investors entered at this stage
Olympus Partners
Staenberg Private Capital
Credit Suisse First Boston
U.S. Bank
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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