FranConnect

Reston, United States Founded: 2000 • Age: 26 yrs Acquired By Serent Capital
Cloud-based software for managing franchise operations is provided.
Annual revenue $5.0M Latest available
Total funding - 1 rounds
Employees 175 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About FranConnect

FranConnect is a company based in Reston (United States) founded in 2000 was acquired by Serent Capital in November 2014. The company has 175 employees as of April 09, 2024. FranConnect has completed 5 acquisitions, including FranchiseBlast, Lavablast and Process Peak. FranConnect offers products and services including Sales Opener, Hub, Royalty Manager, and Analytics. FranConnect operates in a competitive market with competitors including Delightree, Naranga, changupin, Serviceminder and Central do Franqueado, among others.

  • Headquarter Reston, United States
  • Employees 175 as on 09 Apr, 2024
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Franconnect India Software Private Limited
  • Date of Incorporation 05 Oct, 2010
  • Jurisdiction Jaipur, Rajasthan, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.04 M (USD)
    26.09
    as on Mar 31, 2023
  • Net Profit
    $440.94 K (USD)
    28.44
    as on Mar 31, 2023
  • EBITDA
    $595.18 K (USD)
    18.18
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    175

    as on Apr 09, 2024

  • Investments & Acquisitions
  • Acquired by
    Serent Capital

    (Nov 01, 2014)

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Products & Services of FranConnect

FranConnect offers a comprehensive portfolio of products and services, including Sales Opener, Hub, Royalty Manager, and Analytics.

Product name locked
Category locked
Primary

Tool for expanding and opening franchise locations faster.

Product name locked
Category locked
Locked

Platform for onboarding and retaining franchise employees.

Product name locked
Category locked
Locked

System for streamlining royalty invoicing and collections.

Product name locked
Category locked
Locked

Tools for assessing business growth and operational data.

People of FranConnect

Headcount 500-1000
Employee Profiles 65
Employee Profiles
People
Maria Ragone
VP Of Customer Experience And Training
People
Shikha Soni
Senior Director, People
People
Stephanie Opoku
SVP, People
People
Mark A. Calvillo
Chief Product Officer

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Funding Insights of FranConnect

Investors in FranConnect

FranConnect has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Saratoga Investment and Serent Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investment firm investing in the US
Locked Locked Locked
-
Locked Locked Locked
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Investor details for FranConnect

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by FranConnect

FranConnect has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include FranchiseBlast, Lavablast and Process Peak.

Investments
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Investment portfolio details for FranConnect

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Software for franchise marketing, recruiting, and social media is provided.
Locked Locked 2008 Locked
Machined products are manufactured for oil, gas, and automotive industries.
Locked Locked 2007 Locked
Franchise operations are managed via specialized software solutions.
Locked Locked 2007 Locked
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Complete acquisition details for FranConnect

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  • Transaction dates
  • Acquired stakes
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  • Domains and locations

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Financial Statements - FranConnect

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Detailed financials for FranConnect

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  • Profit trends
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Franconnect Comparisons

FranConnect Primary company
Description
Cloud-based software for managing franchise operations is pr...
Location
Reston, United States
Founded Year
2000
Annual Revenue
$5.04 M (USD)
Net Profit
$440.94 K (USD)
EBITDA
$595.18 K (USD)
Employees
175
As of 2024
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Peer comparison for FranConnect

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of FranConnect

FranConnect 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 Delightree, Naranga, changupin, Serviceminder and Central do Franqueado, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Franchise management systems are provided for business operations and growth.
Locked Locked Locked
Offers franchise management software including CRM, training, and BPO services.
Locked Locked Locked
Franchise management software for local businesses is provided.
Locked Locked Locked
Provides a cloud-based management platform for home services franchises to streamline operations.
Locked Locked Locked
Software platform for connecting, unifying, and growing franchise networks efficiently worldwide.
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Detailed competitors of FranConnect

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  • Domains and locations
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Latest news on Franconnect

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Complete news archive for FranConnect

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Frequently Asked Questions about FranConnect

FranConnect was founded in 2000 and raised its 1st funding round 17 years after it was founded.

FranConnect is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.

As of Apr 09, 2024, the latest employee count at FranConnect is 175.

Annual revenue of FranConnect is $5.04M as on Mar 31, 2023.

FranConnect was founded in 2000 and is headquartered in Reston, United States. Integrated technology solutions are delivered to franchisors and franchisees for handling business processes across the franchise lifecycle. The cloud-based product, FranConnect Sky, includes modules for operations, development, finance, marketing, and executive functions. These tools support tracking and performance monitoring in the franchise management sector.

FranConnect's top competitors include Delightree, changupin and Naranga.

FranConnect offers Sales Opener, Hub, Royalty Manager, and Analytics.

FranConnect has made 5 acquisitions, including FranchiseBlast, Lavablast, and Process Peak.

FranConnect has 2 investors. Key investors include Saratoga Investment, and Serent Capital.

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