About Confirmation
Confirmation is a company based in Nashville (United States) founded in 2000 was acquired by Thomson Reuters in June 2019. Confirmation has raised $63 million across 2 funding rounds from investors including Thomson Reuters and Great Hill Partners. The company has 1 employees as of April 01, 2024. Confirmation has completed 1 acquisition, including ProConfirm. Confirmation operates in a competitive market with competitors including AuditBoard, Ocrolus, Auditoria.AI, Caseware and FISCAL Technologies, among others.
- Headquarter Nashville, United States
- Employees 1 as on 01 Apr, 2024
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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 Confirmation.Com India Private Limited
- Date of Incorporation 11 Mar, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$510.33 K (USD)0as on Mar 31, 2017
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Net Profit
-$15.28 K (USD)0as on Mar 31, 2017
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EBITDA
$68.18 K (USD)0as on Mar 31, 2017
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Total Equity Funding
$63 M (USD)
in 2 rounds
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Latest Funding Round
$60 M (USD), Series B
Oct 27, 2016
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Investors
Thomson Reuters
& 1 more
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Employee Count
1
as on Apr 01, 2024
- Investments & Acquisitions
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Acquired by
Thomson Reuters
(Jun 21, 2019)
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Funding Insights of Confirmation
Confirmation has successfully raised a total of $63M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in October 2016. 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.
Investors in Confirmation
Confirmation has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Thomson Reuters and Great Hill Partners.
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Business acquisitions are targeted by the private equity firm.
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Cloud-based legal management and data services are provided for businesses.
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Investor details for Confirmation
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- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Confirmation
Confirmation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ProConfirm.
Investment portfolio details for Confirmation
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electronic audit confirmations are provided to accounting firms and banks.
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Complete acquisition details for Confirmation
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - Confirmation
Detailed financials for Confirmation
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Confirmation Comparisons
Peer comparison for Confirmation
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Competitors of Confirmation
Confirmation 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 AuditBoard, Ocrolus, Auditoria.AI, Caseware and FISCAL Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based GRC and audit management solutions are provided.
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Provider of bank accounts auditing solutions for businesses
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AI-driven audit automation solutions for enterprises are provided.
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Accounting and auditing software solutions are supplied worldwide.
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Cloud-based audit and risk management solutions are provided for businesses.
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Navix is recognized for providing automated freight audit solutions.
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Detailed competitors of Confirmation
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Confirmation
Complete news archive for Confirmation
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- Full article archive
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Frequently Asked Questions about Confirmation
Confirmation was founded in 2000 and raised its 1st funding round 5 years after it was founded.
Confirmation is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Confirmation is a funded company, having raised a total of $63M across 2 funding rounds to date.
As of Apr 01, 2024, the latest employee count at Confirmation is 1.
Annual revenue of Confirmation is $510.33K as on Mar 31, 2017.
Confirmation was established in 2000 in Nashville, United States, focusing on the audit and accounting sector. Electronic services for confirmations are delivered to auditors, respondents, and their mutual clients. Audit processes are managed by auditors to verify respondent authorization via authentication, ensuring adherence to GAAS and ISA 505 standards. Online platforms support the handling of confirmation requests.
Confirmation's top competitors include AuditBoard, Ocrolus and Auditoria.AI.
Confirmation has made 1 acquisition, including ProConfirm.
Confirmation has 2 investors. Key investors include Thomson Reuters, and Great Hill Partners.