About ConnectWise
ConnectWise is a company based in Tampa (United States) founded in 1982 was acquired by Thoma Bravo in February 2019.. The company has 1 employees as of April 06, 2024. ConnectWise has completed 14 acquisitions, including Axcient, ConnectWise and HTG Peer Groups. ConnectWise offers products and services including PSA, RMM, MDR, SaaS Backup, and ScreenConnect. ConnectWise operates in a competitive market with competitors including Workday, Visma, Deltek, Infor and SAP, among others.
- Headquarter Tampa, United States
- Employees 1 as on 06 Apr, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Connectwise India Private Limited
- Date of Incorporation 28 Sep, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$0 (USD)-100as on Mar 31, 2023
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Net Profit
$-32.87 K (USD)-52.65as on Mar 31, 2023
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EBITDA
$0 (USD)100as on Mar 31, 2023
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Latest Funding Round
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Investors
Thoma Bravo
& 1 more
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Employee Count
1
as on Apr 06, 2024
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Investments & Acquisitions
Axcient
& 13 more
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Acquired by
Thoma Bravo
(Feb 25, 2019)
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Products & Services of ConnectWise
ConnectWise offers a comprehensive portfolio of products and services, including PSA, RMM, MDR, SaaS Backup, and ScreenConnect. 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.
Automates professional services for IT operations
Manages client networks remotely and efficiently
Monitors and stops malicious endpoint activities
Safeguards customer cloud application data
Enables remote device support and access
Provides KPI dashboards for business insights
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Software Development Team
68 people
Sales and Marketing
28 people
Leadership Team
23 people
Product Management Team
22 people
Finance and Accounting
13 people
Account Team
12 people
Senior Team
11 people
Human Resources and Administration
9 people
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Funding Insights of ConnectWise
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Unspecified - ConnectWise | Valuation |
investors |
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| May, 2011 | Amount | Seed - ConnectWise | Valuation |
investors |
| 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 ConnectWise
ConnectWise has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Thoma Bravo and ConnectWise 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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Software and technology-enabled services companies are targeted for investment.
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Founded Year | Domain | Location | |
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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 ConnectWise
ConnectWise has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Axcient, ConnectWise and HTG Peer Groups. 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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Threat intelligence is shared and consumed through a collaborative platform.
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2016 | ||||
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Security services are provided by Sienna Group to various clients.
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2014 | ||||
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Automated billing and invoice management is offered to businesses.
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2013 |
| 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 - ConnectWise
| 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 |
Connectwise Comparisons
Competitors of ConnectWise
ConnectWise 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 Workday, Visma, Deltek, Infor and SAP, 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 |
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| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is provided for business management across segments.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is provided for project-driven organizations.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is offered for multiple industries.
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| domain | founded_year | HQ Location |
Cloud and AI-based ERP software is offered for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is delivered for multiple industries.
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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 Connectwise
Frequently Asked Questions about ConnectWise
When was ConnectWise founded?
ConnectWise was founded in 1982 and raised its 1st funding round 29 years after it was founded.
Where is ConnectWise located?
ConnectWise is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
How many employees does ConnectWise have?
As of Apr 06, 2024, the latest employee count at ConnectWise is 1.
What does ConnectWise do?
ConnectWise was founded in 1982 in Tampa, United States, focusing on software for managed service providers. Cloud-based ERP and price quotation management tools are developed, alongside service automation and data management solutions. CPQ capabilities are integrated with business processes, including customer service, sales, marketing, project management, and analytics. Procurement automation, CRM updates, and renewal reminders are supported to facilitate enterprise operations in the IT services sector.
Who are the top competitors of ConnectWise?
What products or services does ConnectWise offer?
ConnectWise offers PSA, RMM, MDR, SaaS Backup, and 2 more products and services.
How many acquisitions has ConnectWise made?
ConnectWise has made 14 acquisitions, including Axcient, ConnectWise, and HTG Peer Groups.
Who are ConnectWise's investors?
ConnectWise has 2 investors. Key investors include Thoma Bravo, and ConnectWise Capital.