About Extensity
Extensity is a publicly listed company based in Toronto (Canada) founded in 1997, and was acquired by Infor in August 2006. It operates as a financial performance management software is provided for business decision-making. Extensity has raised $14 million across 2 funding rounds from investors including Infor, Visa and Sumitomo Corporation. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Multi-Industry and Enterprise. Its competitors include Workday, Deltek, Infor, SAP and Visma and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
Extensity provides financial performance management software for businesses. The software helps corporations in decision-making through the analysis of financial data. The company was formed in 2005 when Golden Gate capital acquired Geac Computer Software for 1B. The PE firm has split the company into two, with the ERP offering of Geac becoming a property of Infor global solutions, which is its own portfolio company. Golden Gate Capital has created a new firm, Extensity, with the remaining products of Geac which include SmartStream, Anael, Extensity, and Comshare. Subsequently, Infor has acquired Extensity in August 2006.Geac initially purchased expense management software Extensity in 2002 for 47 million. Extensity was then backed by Light Speed Ventures, Presidio Ventures, and Cross Technology Venture Partners.
- Headquarters Toronto, Canada
- Stage Public
- SectorsTechnology
- Website extensity.com
- Acquired by Infor (Aug 2006)
Funding Insights of Extensity
Extensity has successfully raised a total of $14M across 2 strategic funding rounds. 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 $14M
- Total Rounds 2
- First Round $14M
(Jul 1998)
- Investors Count 8
All 2 funding rounds of Extensity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2000 | – | Private Equity Round | – | – | |
| Jul 1998 | $14M | Series B | – | Visa, Lightspeed Venture Partners |
10 investors in total: 10 institutional.
Investors in Extensity
Extensity has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Infor, Visa and Sumitomo Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | techno-venture.com | - | |
Early-stage US tech startups are invested in by HWVP. | – | hwvp.com | San Francisco, United States | |
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
ERP planning services are provided to enterprises by JD Edwards. | 1977 | jdedwards.com | Denver, United States | |
Digital payment solutions are offered to individuals and businesses. | 1958 | visa.com | San Francisco, United States | |
Global financial advisory services are provided by the firm. | – | lehman.com | New York, United States | |
Diversified conglomerate operating across multiple industries | 1919 | sumitomocorp.com | Tokyo, Japan | |
Cloud-based ERP software is offered for multiple industries. | 2002 | infor.com | New York, United States | |
Business software for ERP, CRM, and SCM is developed globally. | 1971 | geac.com | Toronto, Canada |
Investor details for Extensity
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People of Extensity
14 people are tracked at Extensity (6 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
Kevin Samuelson | CEO | Leadership |
Soma Somasundaram | CTO & President of Products | Leadership |
John Frank | President, Customer Experience | Leadership |
Matt Flamini | CFO | Leadership |
Sharon Sulc | Chief Communications Officer | Leadership |
Kelly Buchanan | Chief Marketing Officer | Leadership |
Ben Perry | CHRO | Team |
Wolfgang Kobek | EVP & GM for International Business | Team |
Ed Allen | EVP & GM of Discrete Manufacturing Industries | Team |
Matt Breslin | EVP & GM of Services Industries | Team |
Andre Hylton | General Counsel | Team |
Jason Chapman | SVP, Commercial Strategy & Operations | Team |
Nancy Stracener | Senior IT Business Analyst | Team |
Eric Ryerson | EVP & GM of Process & Distribution | Team |
Complete people profiles for Extensity
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Timeline of Extensity
6 dated milestones of Extensity across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Extensity is founded.
- Funding First funding round of $14.0M.
- Funding Latest funding round, Private Equity Round,.
- Exit Acquired by Geac Computer Corporation.
- Exit Acquired by Infor.
- IPO Lists on the stock exchange (IPO).
Competitors of Extensity
Extensity has 10 listed competitors in our database, 7 of them funded. They include Workday, Deltek, Infor, SAP and Visma, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workday.com | 2005 | Pleasanton, United States | $352.3M | 11,805 | Cloud-based HR and financial software is delivered to enterprises. | |
| deltek.com | 1983 | Herndon, United States | $107.08M | 1,574 | Cloud-based ERP software is provided for project-driven organizations. | |
| infor.com | 2002 | New York, United States | $1.52B | 4,832 | Cloud-based ERP software is offered for multiple industries. | |
| sap.com | 1972 | Walldorf, Germany | – | 109,973 | Cloud and AI-based ERP software is offered for enterprises. | |
| visma.com | 1996 | Oslo, Norway | $198.09M | – | Cloud-based ERP software is provided for business management across segments. | |
| netsuite.com | 1998 | Redwood, United States | $119.92M | – | Cloud-based ERP software is delivered for multiple industries. | |
| oracle.com | 1977 | Austin, United States | – | 172 | Hybrid cloud infrastructure solutions are delivered for business management. | |
| aptean.com | 2012 | Alpharetta, United States | $12.68M | 1,085 | Cloud-based ERP software is delivered for diverse industries. | |
| totvs.com | 1983 | Sao Paulo, Brazil | – | – | ERP solutions are provided for managing operations across industries. | |
| i3verticals.com | 2012 | Nashville, United States | $42.11M | 1,663 | Payment processing solutions are provided for diverse business verticals. |
Detailed competitors of Extensity
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Web traffic of Extensity
Websites that share an audience with Extensity (extensity.com).
Websites whose visitors overlap most with Extensity. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
edynamic.ca | edynamic.ca | 100% | – | – | – |
| ntgclarity.com | 100% | 9.3K | #2,204,588 | View details | |
innovationone.ca | innovationone.ca | 100% | – | – | – |
mtsystems.ca | mtsystems.ca | 100% | – | #5,076,766 | – |
achen.ca | achen.ca | 100% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for Extensity
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- 18 similar websites
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Top companies in Enterprise Resource Planning
10 companies that operate in the same segment as Extensity (Enterprise Resource Planning), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 1991 | Loughborough, England, United Kingdom | USD 1.49 B | – | 7,356 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | – | 834 | |
Cloud-based ERP software is provided for project-driven organizations. | 1983 | Herndon, Virginia, United States | USD 107.08 M | – | – | |
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
AI-powered CRM for marketing and sales management is provided. | 1996 | Chennai, Tamil Nadu, India | – | USD 1.6 B | 17,856 | |
Cloud-based accounting and payroll solutions for small and medium businesses | 1981 | United States | – | USD 4.54 M | – |
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Related news about Extensity
Complete news archive for Extensity
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Frequently Asked Questions about Extensity
Extensity was founded in 1997 and raised its 1st funding round 1 year after it was founded.
Extensity is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Extensity is a funded company, having raised a total of $14M across 2 funding rounds to date. The company's 1st funding round was a Series B of $14M, raised on Jul 1998.
Extensity provides financial performance management software for businesses. The software helps corporations in decision-making through the analysis of financial data. The company was formed in 2005 when Golden Gate capital acquired Geac Computer Software for 1B. The PE firm has split the company into two, with the ERP offering of Geac becoming a property of Infor global solutions, which is its own portfolio company. Golden Gate Capital has created a new firm, Extensity, with the remaining products of Geac which include SmartStream, Anael, Extensity, and Comshare. Subsequently, Infor has acquired Extensity in August 2006.Geac initially purchased expense management software Extensity in 2002 for 47 million. Extensity was then backed by Light Speed Ventures, Presidio Ventures, and Cross Technology Venture Partners.
Extensity has 10 investors. Key investors include Infor, Visa, Sumitomo Corporation, Kleiner Perkins, and Lightspeed Venture Partners.
Yes. Extensity was acquired by Infor in August 2006.