About ACORN
ACORN is a company based in Austin (United States) founded in 1996 was acquired by Ignite Technologies in July 2014. It operates as a SaaS (Software-as-a-Service). ACORN offers products and services including Time-Driven Activity-Based-Costing Platform. ACORN operates in a competitive market with competitors including Anaplan, Workday Adaptive Planning, Vena Marketing, Planful and Pigment, among others.
- Headquarter Austin, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ignite Enterprise Software Solutions, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Insight Partners
& 2 more
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Employee Count
Employee Count
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Acquired by
Ignite Technologies
(Jul 15, 2014)
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Products & Services of ACORN
ACORN offers a comprehensive portfolio of products and services, including Time-Driven Activity-Based-Costing Platform. 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.
Cost-to-serve insights are provided for profitability analysis.
Funding Insights of ACORN
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2001 | Amount | Series A - ACORN | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ACORN
ACORN has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Insight Partners, Pennell Venture Partners and IgniteTech. 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.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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IgniteTech is recognized as an AI-first enterprise software company.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ACORN
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ACORN
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acorn Comparisons
Competitors of ACORN
ACORN 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 Anaplan, Workday Adaptive Planning, Vena Marketing, Planful and Pigment, 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 |
Operational planning and forecasting solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and analytics are delivered via SaaS.
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| domain | founded_year | HQ Location |
AI-powered financial planning and accounting software is offered.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and advisory solutions are provided for businesses.
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| domain | founded_year | HQ Location |
A platform for business planning and project management is offered.
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| domain | founded_year | HQ Location |
Expense management solutions are delivered via a software platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Acorn
Frequently Asked Questions about ACORN
When was ACORN founded?
ACORN was founded in 1996 and raised its 1st funding round 5 years after it was founded.
Where is ACORN located?
ACORN is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
What does ACORN do?
Activity-based costing solutions are offered by ACORN to help businesses understand the true cost of serving customers, products, and regions. Custom models are built to capture unique business processes, and what-if scenarios are run for decision testing. Financial analytics are supported through OLAP cubes for multidimensional insights. Profitable behavior is driven across facilities with detailed reporting and dashboards. The focus is placed on technology-driven profitability analysis within the financial software sector.
Who are the top competitors of ACORN?
ACORN's top competitors include Workday Adaptive Planning, Vena Marketing and Anaplan.
What products or services does ACORN offer?
ACORN offers Time-Driven Activity-Based-Costing Platform.
Who are ACORN's investors?
ACORN has 3 investors. Key investors include Insight Partners, Pennell Venture Partners, and IgniteTech.