About Autotask
Autotask is a company based in East Greenbush (United States) founded in 2001 was acquired by Datto in June 2017.. Autotask has raised $16.25 million across 4 funding rounds from investors including Datto, Hamilton Lane and North Atlantic Capital. Autotask has completed 1 acquisition, including Soonr. Autotask operates in a competitive market with competitors including TeamSystem, Intapp, Unanet, Certinia and Changepoint, among others.
- Headquarter East Greenbush, 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 Autotask Corporation
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Leadership Team
85 people
Software Development Team
47 people
Legal and Compliance
23 people
Finance and Accounting
18 people
Associate Team
13 people
Human Resources and Administration
11 people
Operations Team
8 people
Senior Team
8 people
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Funding Insights of Autotask
Autotask has successfully raised a total of $16.25M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $6 million completed in December 2011. 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 4
- Last Round Series D — $6.0M
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First Round
First Round
(24 May 2004)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2011 | Amount | Series D - Autotask | Valuation |
investors |
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| Jun, 2006 | Amount | Series C - Autotask | Valuation |
investors |
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| Jun, 2005 | Amount | Series B - Autotask | Valuation |
investors |
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| 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 Autotask
Autotask has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Datto, Hamilton Lane and North Atlantic Capital. 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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Tech-focused Venture debt firm providing debt finacing in the US and Europe
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage technology venture capital investments are provided by this firm.
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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 Autotask
Autotask has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Soonr. 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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Secure Cloud for Business
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2005 |
| 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 - Autotask
| 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 |
Autotask Comparisons
Competitors of Autotask
Autotask 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 TeamSystem, Intapp, Unanet, Certinia and Changepoint, 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 ERP software is provided for professional services.
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| domain | founded_year | HQ Location |
Cloud based business management software for professional and financial services firms
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| domain | founded_year | HQ Location |
Cloud-based ERP software is offered for professional services organizations.
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| domain | founded_year | HQ Location |
Developer of cloud software for professional services automation and financial management
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| domain | founded_year | HQ Location |
Professional services automation and project portfolio management software are provided.
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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 Autotask
Frequently Asked Questions about Autotask
When was Autotask founded?
Autotask was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Where is Autotask located?
Autotask is headquartered in East Greenbush, United States. It is registered at East Greenbush, New York, United States.
Is Autotask a funded company?
Autotask is a funded company, having raised a total of $16.25M across 4 funding rounds to date. The company's 1st funding round was a Series B of $1.75M, raised on May 24, 2004.
What does Autotask do?
Autotask Corporation develops professional services automation software. Its software is designed to enable the management of professional services, such as managed services, break-fix, consulting engagements, system integration, networking projects, software implementations, service desk contracts, and scheduled maintenance. Its hosted software solution also integrates with service desk, time and expense tracking, project management, contract management, and sales, billing, and reporting, as well as with MS Outlook, QuickBooks, remote monitoring and management, and managed services software applications. It serves value added resellers, managed service providers, systems integrators, IT service providers, IT consultants, independent software vendor, and VoIP solution providers. The company was founded in 2001 and is based in East Greenbush, New York.
Who are the top competitors of Autotask?
Autotask's top competitors include TeamSystem, Intapp and Certinia.
How many acquisitions has Autotask made?
Autotask has made 1 acquisition, including Soonr.
Who are Autotask's investors?
Autotask has 8 investors. Key investors include Datto, Hamilton Lane, North Atlantic Capital, XOS, and JMI.
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