About Acumatica
Acumatica is a company based in Kirkland (United States) founded in 2008 by Serguei Beloussov, John Howell, and Mike Chtchelkonogov was acquired by Vista Equity Partners in May 2025.. Acumatica has raised $48.3 million across 5 funding rounds from investors including Visma, MYOB and EQT. Acumatica has completed 2 acquisitions, including Integrated Business Systems and JAAS Systems. Acumatica offers products and services including Financial Management, Construction Management, Distribution Management, and Manufacturing Management. Acumatica operates in a competitive market with competitors including Sage Group, The Access Group, MYOB, Exact and Omie, among others.
- Headquarter Kirkland, United States
- Founders Serguei Beloussov, John Howell, Mike Chtchelkonogov
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Acumatica, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$48.3 M (USD)
in 5 rounds
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Latest Funding Round
$25 M (USD), Series C
Jun 18, 2018
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Investors
Visma
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
Integrated Business Systems
& 1 more
- Acquired by
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Products & Services of Acumatica
Acumatica offers a comprehensive portfolio of products and services, including Financial Management, Construction Management, Distribution Management, and Manufacturing Management. 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.
Handles accounting and reporting for business growth
Manages project costs and workflows efficiently
Optimizes inventory and warehouse operations
Provides control over production and financials
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Software Development Team
45 people
Sales and Marketing
34 people
Product Management Team
22 people
Leadership Team
12 people
Senior Team
9 people
Human Resources and Administration
9 people
Partner Team
9 people
Finance and Accounting
8 people
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Funding Insights of Acumatica
Acumatica has successfully raised a total of $48.3M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $25.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2018 | Amount | Series C - Acumatica | Valuation | Accel-KKR |
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| Oct, 2014 | Amount | Series C - Acumatica | Valuation |
investors |
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| Nov, 2013 | Amount | Series C - Acumatica | 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 Acumatica
Acumatica has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Visma, MYOB and EQT. 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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Investments are focused on mid-market software and technology-enabled services firms.
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Founded Year | Domain | Location | |
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Early-stage tech startups are invested in by Runa Capital.
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Founded Year | Domain | Location | |
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VC firm investing in early stage tech companies in the US & Europe
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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 Acumatica
Acumatica has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Integrated Business Systems and JAAS Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturing execution software solutions are provided for production management.
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1999 | ||||
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Property management automation and network services are provided offline.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Acumatica
| 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 |
Acumatica Comparisons
Competitors of Acumatica
Acumatica 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 Sage Group, The Access Group, MYOB, Exact and Omie, 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 accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based ERP software is offered for multiple industries.
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| domain | founded_year | HQ Location |
Cloud-based accounting and ERP software is provided for businesses.
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| domain | founded_year | HQ Location |
ERP services for small to medium-sized businesses are provided.
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| domain | founded_year | HQ Location |
Cloud-based ERP and CRM solutions are provided for SMBs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Acumatica
Frequently Asked Questions about Acumatica
When was Acumatica founded?
Acumatica was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Acumatica located?
Acumatica is headquartered in Kirkland, United States. It is registered at Kirkland, Washington, United States.
Is Acumatica a funded company?
Acumatica is a funded company, having raised a total of $48.3M across 5 funding rounds to date. The company's 1st funding round was a Series C of $10M, raised on Nov 06, 2009.
What does Acumatica do?
Acumatica was founded in 2008 and is headquartered in Kirkland, United States. Cloud-based enterprise resource planning software is developed for small and medium-sized enterprises to manage operations. Modules cover financials, distribution, customer relationship management, marketing, project accounting, and additional functions. The platform supports streamlined business processes across various sectors.
Who are the top competitors of Acumatica?
Acumatica's top competitors include The Access Group, Sage Group and MYOB.
What products or services does Acumatica offer?
Acumatica offers Financial Management, Construction Management, Distribution Management, and Manufacturing Management.
How many acquisitions has Acumatica made?
Acumatica has made 2 acquisitions, including Integrated Business Systems, and JAAS Systems.
Who are Acumatica's investors?
Acumatica has 8 investors. Key investors include Visma, MYOB, EQT, Accel-KKR, and Runa Capital.
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