About Business Logic
Business Logic is a company based in Chicago (United States) founded in 1996 was acquired by NextCapital in January 2014.. Business Logic has raised $26.8 million across 1 funding round from investors including Goldman Sachs and NextCapital. The company has 3 employees as of September 30, 2018. Business Logic operates in a competitive market with competitors including Addepar, Altruist, InvestCloud, sei and Avaloq, among others.
- Headquarter Chicago, United States
- Employees 3 as on 30 Sep, 2018
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Business Logic, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$26.8 M (USD)
in 1 rounds
-
Latest Funding Round
$26.8 M (USD), Series A
Mar 29, 2000
-
Investors
Goldman Sachs
& 1 more
-
Employee Count
3
as on Sep 30, 2018
-
Acquired by
NextCapital
(Jan 22, 2014)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Leadership Team
269 people
Software Development Team
103 people
Investment Team
96 people
Legal and Compliance
33 people
Sales and Marketing
15 people
Finance and Accounting
13 people
Associate Team
12 people
Operations Team
9 people
Unlock access to complete
Funding Insights of Business Logic
Business Logic has successfully raised a total of $26.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $26.8 million completed in March 2000. 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 1
- Last Round Series A — $26.8M
-
First Round
First Round
(29 Mar 2000)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2000 | Amount | Series A - Business Logic | Valuation |
investors |
| 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 Business Logic
Business Logic has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs and NextCapital. 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 |
|---|---|---|---|---|
|
Investment banking services are delivered across multiple financial sectors.
|
Founded Year | Domain | Location | |
|
Fund of funds focused on multiple sectors
|
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 Business Logic
| 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 - Business Logic
| 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 |
Business Logic Comparisons
Competitors of Business Logic
Business Logic 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 Addepar, Altruist, InvestCloud, sei and Avaloq, 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 |
Wealth management solutions are delivered for investment advisors.
|
|
| domain | founded_year | HQ Location |
Portfolio management software for financial advisors
|
|
| domain | founded_year | HQ Location |
Investment management software is provided for advisors and institutions.
|
|
| domain | founded_year | HQ Location |
Wealth and investment management solutions are offered to institutional investors.
|
|
| domain | founded_year | HQ Location |
Cloud-based solutions for financial institutions are provided by Avaloq.
|
|
| domain | founded_year | HQ Location |
Asset and wealth management software is provided for businesses.
|
| 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 Business Logic
Frequently Asked Questions about Business Logic
When was Business Logic founded?
Business Logic was founded in 1996 and raised its 1st funding round 4 years after it was founded.
Where is Business Logic located?
Business Logic is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Business Logic a funded company?
Business Logic is a funded company, having raised a total of $26.8M across 1 funding round to date. The company's 1st funding round was a Series A of $26.8M, raised on Mar 29, 2000.
How many employees does Business Logic have?
As of Sep 30, 2018, the latest employee count at Business Logic is 3.
What does Business Logic do?
Business Logic was founded in 1996 in Chicago, United States, and operates in the financial services sector. Institutional investment solutions are offered through the PlanOutcome and MarketGlide brands, utilized by large financial institutions to assist their clients in performance measurement and risk management. A partial ownership in LikeAssets is held, which supports individual investors and is available as a white-label option to financial institutions and media companies.
Who are the top competitors of Business Logic?
Who are Business Logic's investors?
Business Logic has 2 investors. Key investors include Goldman Sachs, and NextCapital.