Cloudware

Porto, Portugal Founded: 2011 • Age: 15 yrs Acquired By Grupo Primavera
Accounting and invoicing solutions for businesses

About Cloudware

Cloudware is a company based in Porto (Portugal) founded in 2011 was acquired by Grupo Primavera in May 2022.. Cloudware offers products and services including Cegid Business, Cegid Cloudware POS, and iziBizi. Cloudware operates in a competitive market with competitors including Intuit, Visma, Xero, Wave and FreshBooks, among others.

  • Headquarter Porto, Portugal
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cegid
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Grupo Primavera

    (May 12, 2022)

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Products & Services of Cloudware

Cloudware offers a comprehensive portfolio of products and services, including Cegid Business, Cegid Cloudware POS, and iziBizi. 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

Cloud-based program for business invoicing and management.

Online system for retail and service point-of-sale operations.

Cloud program with banking integration for business management.

Funding Insights of Cloudware

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 Cloudware

Cloudware has secured backing from 1 investor. Prominent investors backing the company include Grupo Primavera. 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
Cloud-based ERP software is provided for business process management.
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 Cloudware

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 - Cloudware

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

Cloudware Comparisons

Employees
+
Add Comparison
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Competitors of Cloudware

Cloudware 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 Intuit, Visma, Xero, Wave and FreshBooks, 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
Financial and accounting software is developed for businesses and individuals.
domain founded_year HQ Location
Cloud-based ERP software is provided for business management across segments.
domain founded_year HQ Location
Cloud-based accounting and payment management is offered for small businesses.
domain founded_year HQ Location
Web-based accounting software is offered for business use.
domain founded_year HQ Location
Cloud-based invoicing and accounting software is offered for businesses.
domain founded_year HQ Location
Technology-enabled accounting and finance solutions are offered for SMBs.
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 Cloudware

Frequently Asked Questions about Cloudware

When was Cloudware founded?

Cloudware was founded in 2011.

Where is Cloudware located?

Cloudware is headquartered in Porto, Portugal.

What does Cloudware do?

Cloudware was established in 2011 in Porto, Portugal, within the software sector focused on financial tools. Accounting and invoicing services are delivered through a cloud-based platform, supporting business operations across various sizes. The companys domain, cloudware.pt, facilitates access to these solutions, which handle tasks such as billing, financial tracking, and reporting. Operations remain centered in Portugal, serving regional and potentially international clients in need of streamlined fiscal management.

Who are the top competitors of Cloudware?

Cloudware's top competitors include Intuit, Visma and Clear.

What products or services does Cloudware offer?

Cloudware offers Cegid Business, Cegid Cloudware POS, and iziBizi.

Who are Cloudware's investors?

Cloudware has 1 investor. Key investors include Grupo Primavera.

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