About Compiere
Compiere is a company based in Redwood City (United States) founded in 1999 was acquired by Consona Corporation in June 2010.. Compiere has raised $6 million across 1 funding round from investors including Consona Corporation and NEA. The company has 1 employees as of July 01, 2024. Compiere offers products and services including Compiere ERP, Compiere CRM, and Compiere E-Commerce. Compiere operates in a competitive market with competitors including Odoo, ERPNext, Frappé Technologies, Metacortex and DoliCloud, among others.
- Headquarter Redwood City, United States
- Employees 1 as on 01 Jul, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Compiere 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
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Series A
Jun 20, 2006
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Investors
Consona Corporation
& 1 more
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Employee Count
1
as on Jul 01, 2024
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Acquired by
Consona Corporation
(Jun 16, 2010)
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Products & Services of Compiere
Compiere offers a comprehensive portfolio of products and services, including Compiere ERP, Compiere CRM, and Compiere E-Commerce. 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.
Manages financial and manufacturing processes for enterprises
Handles sales and customer interactions efficiently
Integrates online stores with ERP for seamless operations
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Software Development Team
66 people
Product Management Team
62 people
Leadership Team
56 people
Senior Team
54 people
Sales and Marketing
47 people
Human Resources and Administration
18 people
Manager Team
13 people
Project Team
12 people
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Funding Insights of Compiere
Compiere has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in June 2006. 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 — $6.0M
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First Round
First Round
(20 Jun 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2006 | Amount | Series A - Compiere | Valuation | New Enterprise Associates |
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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 Compiere
Compiere has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Consona Corporation and NEA. 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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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Enterprise applications provider
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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 Compiere
| 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 - Compiere
| 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 |
Compiere Comparisons
Competitors of Compiere
Compiere 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 Odoo, ERPNext, Frappé Technologies, Metacortex and DoliCloud, 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 |
Open-source business management software is developed with integrated modules.
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| domain | founded_year | HQ Location |
Open-source customizable cloud ERP software is developed for business operations.
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| domain | founded_year | HQ Location |
Open-source web frameworks and ERP solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Open source ERP sofware for small and medium sized businesses
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| domain | founded_year | HQ Location |
A cloud-based open-source ERP and CRM platform for small and medium-sized businesses.
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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 Compiere
Frequently Asked Questions about Compiere
When was Compiere founded?
Compiere was founded in 1999 and raised its 1st funding round 7 years after it was founded.
Where is Compiere located?
Compiere is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Compiere a funded company?
Compiere is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Jun 20, 2006.
How many employees does Compiere have?
As of Jul 01, 2024, the latest employee count at Compiere is 1.
What does Compiere do?
Compiere was founded in 1999 and is headquartered in Redwood City, United States. Open source ERP and CRM software is developed, incorporating modules for financial management, purchasing, order fulfillment, sales, and performance reporting. Revenue is generated from training sessions, consulting, documentation, and support services. The primary sector served is distribution, with additional coverage of retail, professional services, health care, and manufacturing industries.
Who are the top competitors of Compiere?
Compiere's top competitors include Odoo, Frappé Technologies and ERPNext.
What products or services does Compiere offer?
Compiere offers Compiere ERP, Compiere CRM, and Compiere E-Commerce.
Who are Compiere's investors?
Compiere has 2 investors. Key investors include Consona Corporation, and NEA.