AccuFund

Needham, United States Founded: 2001 • Age: 25 yrs Acquired By i3 Verticals
Fund accounting software is offered for governments and non-profits.
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About AccuFund

AccuFund is a company based in Needham (United States) founded in 2001 was acquired by i3 Verticals in January 2023.. AccuFund offers products and services including AccuFund Accounting Suite, AccuFund Anywhere Online, Human Resources Management System, and Representative Payee Software. AccuFund operates in a competitive market with competitors including Daxko, Blackbaud, Ministry Brands, Foundant Technologies and Munetrix, among others.

  • Headquarter Needham, United States
  • Sectors
    Government & Social Sector
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Accufund, Inc.
Operational Areas
Government & Social Sector → Government Technology & Digital Services
Government & Social Sector → Government Technology & Digital Services
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    i3 Verticals

    (Jan 01, 2023)

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Products & Services of AccuFund

AccuFund offers a comprehensive portfolio of products and services, including AccuFund Accounting Suite, AccuFund Anywhere Online, Human Resources Management System, and Representative Payee Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

On-premise software for fund accounting and reporting needs.

Browser-based cloud accounting for nonprofits and governments.

System for managing employee and payroll functions efficiently.

Software to handle multiple accounts for payee management.

People of AccuFund
Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Mark Lynch
Director Of Sales- Direct Channel
People
Jake Lucero
System Administrator

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Funding Insights of AccuFund

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AccuFund

AccuFund has secured backing from 1 investor. Prominent investors backing the company include i3 Verticals. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Payment processing solutions are provided for diverse business verticals.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AccuFund

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AccuFund

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Accufund Comparisons

Employees
+
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Competitors of AccuFund

AccuFund operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Daxko, Blackbaud, Ministry Brands, Foundant Technologies and Munetrix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based solutions are delivered for nonprofit organizations' operations.
domain founded_year HQ Location
Cloud-based software solutions for nonprofit organizations are offered.
domain founded_year HQ Location
Comprehensive church management solutions are enabled by SaaS.
domain founded_year HQ Location
Grant management software is provided for grantmakers and grantseekers.
domain founded_year HQ Location
Web-based financial tools for municipal and school forecasting are offered.
domain founded_year HQ Location
Financial solutions are offered to enterprises via a cloud-based platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Accufund

Frequently Asked Questions about AccuFund

When was AccuFund founded?

AccuFund was founded in 2001.

Where is AccuFund located?

AccuFund is headquartered in Needham, United States. It is registered at Needham, Massachusetts, United States.

What does AccuFund do?

AccuFund provides both cloud-based and on-premises fund accounting software for government agencies and non-profits. Solutions in the areas of general budget management, budgeting, financial reporting, accounts payable, utility billing, payrolls, grants management, and fixed assets management. AccuFund Government Accounting Suite is a solution specifically designed for municipalities and local government agencies. City of Lebanon, KY, Cripple Creek, CO, and East Windsor, CT are among the agencies using the solution.

Who are the top competitors of AccuFund?

AccuFund's top competitors include Daxko, Foundant Technologies and Blackbaud.

What products or services does AccuFund offer?

AccuFund offers AccuFund Accounting Suite, AccuFund Anywhere Online, Human Resources Management System, and Representative Payee Software.

Who are AccuFund's investors?

AccuFund has 1 investor. Key investors include i3 Verticals.

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