Dude Solutions

Cary, United States Founded: 1999 • Age: 27 yrs Acquired By Clearlake Capital Group
SaaS CMMS software is offered for commercial spaces.
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About Dude Solutions

Dude Solutions is a company based in Cary (United States) founded in 1999 was acquired by Clearlake Capital Group in May 2019.. Dude Solutions has raised $100 million across 1 funding round from investors including Warburg Pincus and Clearlake Capital Group. Dude Solutions has completed 8 acquisitions, including Assetic, Bigfoot CMMS and Confirm. Dude Solutions offers products and services including Asset Essentials, Confirm, Energy Manager, and Event Manager. Dude Solutions operates in a competitive market with competitors including Fiix, Verdigris, Limble CMMS, Everactive and Therma, among others.

  • Headquarter Cary, United States
  • Sectors
    Business Services
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Dude Solutions, Inc
Operational Areas
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 M (USD)

    in 1 rounds

  • Latest Funding Round
    $100 M (USD), Private Equity Round

    Feb 03, 2014

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Assetic

    & 7 more

  • Acquired by
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Products & Services of Dude Solutions

Dude Solutions offers a comprehensive portfolio of products and services, including Asset Essentials, Confirm, Energy Manager, and Event Manager. 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

Platform for efficient maintenance and operations optimization

Software to manage and streamline public assets effectively

Cloud-based tool for monitoring and reducing energy utilities

Software for organizing and promoting events easily

People of Dude Solutions
Headcount 500-1000
Employee Profiles 180
Board Members and Advisors 4
Employee Profiles
People
Brian Bell
SVP, Strategy & Corporate Development
People
Brian Benfer
SVP, Sales
People
Elana O'Neill
Senior Manager, Technical Accounting And Revenue Recognition
People
Nick Boyd
Senior Account Executive I, At Brightly Software, A Siemens Company

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Board Members and Advisors
people
Erik Hansen
Director
people
Paul Huber
Director
people
Behdad Eghbali
Chairman of the Board
people
Prashant Mehrotra
Director

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Funding Insights of Dude Solutions

Dude Solutions has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $100 million completed in February 2014. 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 Rounds 1
  • Last Round Private Equity Round — $100.0M
  • First Round

    (03 Feb 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2014 Amount Private Equity Round - Dude Solutions Valuation Warburg Pincus
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 Dude Solutions

Dude Solutions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Warburg Pincus and Clearlake Capital Group. 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
Venture Fund
Investor Description Founded Year Domain Location
Multi-stage private equity investments are pursued across diverse sectors.
Founded Year Domain Location
Lower and mid-market investments are managed through private equity strategies.
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 Dude Solutions

Dude Solutions has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Assetic, Bigfoot CMMS and Confirm. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Risk management solutions are provided for the health industry.
2016
GIS application development solutions and kits are provided for enterprises.
2009
Cloud-based asset management solutions are delivered for infrastructure portfolios.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Dude Solutions

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

Dude Solutions Comparisons

Employees
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Competitors of Dude Solutions

Dude Solutions 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 Fiix, Verdigris, Limble CMMS, Everactive and Therma, 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
Cloud-based CMMS software is utilized for organizing commercial maintenance activities.
domain founded_year HQ Location
AI and SaaS-driven energy analytics platform for the management of facilities and commercial buildings
domain founded_year HQ Location
Cloud-based maintenance software solutions are provided to manufacturing firms.
domain founded_year HQ Location
IoT-based energy harvesting solutions for enterprises are provided.
domain founded_year HQ Location
Solutions for temperature, humidity, and energy monitoring are provided.
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 Dude Solutions

Frequently Asked Questions about Dude Solutions

When was Dude Solutions founded?

Dude Solutions was founded in 1999 and raised its 1st funding round 15 years after it was founded.

Where is Dude Solutions located?

Dude Solutions is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.

Is Dude Solutions a funded company?

Dude Solutions is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $100M, raised on Feb 03, 2014.

What does Dude Solutions do?

Dude Solutions was founded in 1999 and is headquartered in Cary, United States. SaaS-driven CMMS software is provided for commercial spaces, with features encompassing work and asset management, energy management, event management, and community management. Solutions are tailored for sectors including education, healthcare, manufacturing, commercial real estate, government, and others, supporting maintenance and operational needs across these areas.

Who are the top competitors of Dude Solutions?

Dude Solutions's top competitors include Deepki, Fiix and Verdigris.

What products or services does Dude Solutions offer?

Dude Solutions offers Asset Essentials, Confirm, Energy Manager, and Event Manager.

How many acquisitions has Dude Solutions made?

Dude Solutions has made 8 acquisitions, including Assetic, Bigfoot CMMS, and Confirm.

Who are Dude Solutions's investors?

Dude Solutions has 2 investors. Key investors include Warburg Pincus, and Clearlake Capital Group.

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