PRFX

PRF Technologies Ltd. operates as a technology solutions provider specializing in enterprise software development and digital transformation services. Headquartered in Tel Aviv, Israel, the company maintains development centers across three countries and employs approximately 850 professionals. PRFX delivers custom software solutions, cloud migration services, and IT consulting primarily to mid-market and enterprise clients in the financial services, healthcare, and retail sectors. The company generates revenue through a combination of project-based engagements and recurring managed services contracts, with approximately 60% of revenue derived from North American clients. PRFX completed its acquisition of DataBridge Systems in Q2 2024, adding cybersecurity capabilities and roughly 120 employees to its workforce. The company reported annual revenue of $127 million for fiscal year 2023, representing 18% year-over-year growth. Its primary service offerings include legacy system modernization, artificial intelligence implementation, and DevOps automation solutions. PRFX maintains partnerships with major technology vendors including Microsoft, AWS, and Salesforce, holding gold-tier certifications with each platform. The company operates under a hybrid delivery model, combining onshore consultants with nearshore development teams to provide cost-competitive solutions. PRFX serves over 200 active clients and maintains a customer retention rate above 85%. The company trades on the Tel Aviv Stock Exchange under the ticker PRFX.