About Exact
Exact is a company based in Delft (Netherlands) founded in 1984 was acquired by KKR in February 2019. It operates as a SaaS (Software-as-a-Service). Exact has completed 6 acquisitions, including Horeko, Macola and Officient. Exact offers products and services including Financial Solutions, ERP Solutions, and Accountancy Software. Exact operates in a competitive market with competitors including Sage Group, Acumatica, HoneyBook, Thryv and The Access Group, among others.
- Headquarter Delft, Netherlands
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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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Products & Services of Exact
Exact offers a comprehensive portfolio of products and services, including Financial Solutions, ERP Solutions, and Accountancy Software. 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.
Financial management tools are provided for business accounting needs.
Business process control is enabled through integrated ERP software.
Accounting processes are streamlined for professional accountants using this.
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Sales and Marketing
63 people
Software Development Team
34 people
Product Management Team
32 people
Senior Team
18 people
Finance and Accounting
15 people
Human Resources and Administration
8 people
Leadership Team
5 people
Head Team
4 people
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Funding Insights of Exact
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Private Equity Round - Exact | 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 Exact
Exact has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include KKR, Apax Partners and Silver Lake. 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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Technology investing and private equity firm focused on partnerships.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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Equity investments are focused on tech, services, and consumer sectors.
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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 Exact
Exact has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Horeko, Macola and Officient. 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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Cloud-based human resource management software provider
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2017 | ||||
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Software for kitchen and workforce management is provided by Horeko.
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2009 | ||||
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Cloud-based CRM and ERP software is offered for SMEs.
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2008 |
| 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 - Exact
| 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 |
Exact Comparisons
Competitors of Exact
Exact 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 Sage Group, Acumatica, HoneyBook, Thryv and The Access Group, 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 accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based ERP software is offered for small and medium enterprises.
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| domain | founded_year | HQ Location |
Client workflows are automated and managed by HoneyBook software.
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| domain | founded_year | HQ Location |
SaaS-driven solutions for fitness business management are offered.
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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 |
Provider of cloud-based POS software solutions for businesses and service providers
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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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On-demand services are booked through an app-based platform.
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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 Exact
Frequently Asked Questions about Exact
When was Exact founded?
Exact was founded in 1984 and raised its 1st funding round 37 years after it was founded.
Where is Exact located?
Exact is headquartered in Delft, Netherlands. It is registered at Delft, South Holland, Netherlands.
Who is the current CEO of Exact?
Phill Robinson is the current CEO of Exact.
What does Exact do?
Cloud-based business software is developed by Exact for small and medium-sized enterprises (SMEs) and accountants. Processes in accounting, financial management, ERP, HRM, and CRM are automated through their offerings. Industry-specific solutions are also provided to manage comprehensive business needs. The company operates primarily in the Benelux region, supporting over 675,000 businesses with real-time data access for better decision-making. Growth and efficiency are facilitated across various development stages of businesses.
Who are the top competitors of Exact?
Exact's top competitors include The Access Group, Sage Group and SpotOn.
What products or services does Exact offer?
Exact offers Financial Solutions, ERP Solutions, and Accountancy Software.
How many acquisitions has Exact made?
Who are Exact's investors?
Exact has 3 investors. Key investors include KKR, Apax Partners, and Silver Lake.
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