FranConnect

Reston, United States Founded: 2000 • Age: 26 yrs Acquired By Serent Capital
Cloud-based software for managing franchise operations is provided.

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. 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.

Operational Areas
Key Metrics

Products & Services of FranConnect

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

Sales Opener
Sales Management

Tool for expanding and opening franchise locations faster.

Hub
Employee Engagement

Platform for onboarding and retaining franchise employees.

Royalty Manager
Financial Management

System for streamlining royalty invoicing and collections.

Analytics
Performance Tracking

Tools for assessing business growth and operational data.

Funding Insights of FranConnect

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of FranConnect with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017–Debt – Conventional––
Valuation history

2 investors in total: 2 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Private equity investment firm investing in the US
2004saratogainvestmentcorp.comNew York, United States
-
–serentcapital.com-
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Investor details for FranConnect

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Franconnect India Software Private Limited (FranConnect)

Franconnect India Software Private Limited is the primary company behind FranConnect. The board of Franconnect India Software Private Limited currently have 2 directors; the longest-serving is Mudit Goel, appointed in 2014. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mudit Goel
DIN 07022192
Director27 Nov 201411 yrs 10 moFranconnect India Software Private Limited
Gaurav Chamola
DIN 08029931
Director22 Dec 20178 yrs 9 moFranconnect India Software Private Limited

People of FranConnect

65 people are tracked at FranConnect (21 in leadership, 44 in team); the tracked headcount is 175.

NameRoleGroup
Maria Ragone
VP Of Customer Experience And TrainingLeadership
Charlie Zhang
Chief Operating Officer And Chief Financial OfficerLeadership
Shikha Soni
Senior Director, PeopleLeadership
Mark A. Calvillo
Chief Product OfficerLeadership
Andy Volkmann
CFOLeadership
Gabby Wong
CEOLeadership
Andrew Jackson
CTOLeadership
Jaffrey Ali
Chief AI OfficerLeadership
Chase Kincaid
VP Of SalesLeadership
Komail Faizi
Vice President, Product ManagementLeadership
Larissa Levine
Vp, Revenue OperationsLeadership
Austen Asadorian
Chief Revenue OfficerLeadership
Dan Palay
VP Of SalesLeadership
Rajan Nanavati
Director Of Demand GenerationLeadership
Sherry Stanton
Director, Training ServicesLeadership
Tyler Hutchings
Fp&a DirectorLeadership
Kelsey Smith
Digital Marketing DirectorLeadership
Kim Hyman
Executive Assistant To Chief Executive OfficerLeadership
Kourtney Oldham
Revenue Enablement DirectorLeadership
Diem Shin
Director Of Product Marketing And ContentLeadership

45 more people are available in the full profile.

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Complete people profiles for FranConnect

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Financials of FranConnect

Figures of Franconnect India Software Private Limited, the primary company behind FranConnect, for FY 2024. Revenue was ₹51.87 Cr (+24% year on year). Net profit was ₹4.92 Cr (9% margin). EBITDA was ₹8.28 Cr (16% margin). Revenue has grown at a compounded annual rate of +23% over three years and +17% over five years.

  • ₹51.87 CrRevenue · FY 2024 · +24% YoY
  • ₹4.92 CrNet profit · 9% margin
  • ₹8.28 CrEBITDA · 16% margin
  • ₹5 LakhPaid-up capital
  • 175Employees (provident fund records)
  • +23%Revenue CAGR, 3 years
  • +17%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Franconnect India Software Private Limited are on its company page.

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Detailed financial statements for FranConnect

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

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Investments & Acquisitions by FranConnect

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

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud based GRC solutions provider
rizepoint.comSalt Lake, United States1997Feb 2024β€’β€’β€’β€’
Human resource management software solution
worldmanager.comSydney, Australia2005Aug 2022β€’β€’β€’β€’
Franchise operations are managed via specialized software solutions.
lavablast.comGatineau, Canada2007Jan 2021β€’β€’β€’β€’
Machined products are manufactured for oil, gas, and automotive industries.
franchiseblast.comOttawa, Canada2007Jan 2021β€’β€’β€’β€’
Software for franchise marketing, recruiting, and social media is provided.
processpeak.comCarlsbad, United States2008Jan 2015β€’β€’β€’β€’
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Complete acquisition details for FranConnect

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of FranConnect

8 dated milestones of FranConnect across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded FranConnect is founded.
  2. Exit Acquired by Serent Capital.
  3. Acquisition Acquires Process Peak.
  4. Funding First funding round.
  5. Acquisition Acquires FranchiseBlast.
  6. Acquisition Acquires Lavablast.
  7. Acquisition Acquires World Manager.
  8. Acquisition Acquires RizePoint.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
delightree.com2019San Francisco, United States$9.6M–
Franchise management systems are provided for business operations and growth.
naranga.com2014Atlanta, United States––
Offers franchise management software including CRM, training, and BPO services.
changupin.kr2019Seoul, South Korea––
Franchise management software for local businesses is provided.
serviceminder.com2012Plano, United States––
Provides a cloud-based management platform for home services franchises to streamline operations.
centraldofranqueado.com.br2015Porto Alegre, Brazil––
Software platform for connecting, unifying, and growing franchise networks efficiently worldwide.
franchiseinfinity.com2013Singapore––
Offers a cloud-based software platform for efficient franchise management.
zorzees.com2018Boca Raton, United States––
Cloud platform for managing franchise operations, sales, and growth.
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Detailed competitors of FranConnect

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of FranConnect

The website of FranConnect (franconnect.com) receives about 22.1K visits a month and ranks #1,384,560 among all websites worldwide, #11,307 in Business Services.

  • Monthly visits
    22.1K

    ▲ 7.4% vs previous month

  • Unique visitors
    9.3K

    per month

  • Global rank
    #1,384,560

    among all websites

  • Category rank
    #11,307

    Business and Consumer Services · Business Services

Similar websites

Websites whose visitors overlap most with FranConnect. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
franchiseshowinfo.com
franchiseshowinfo.com
100%
–#654,484–
sonomapartners.com
42%
––View details
nettizen.com
nettizen.com
41%
–––
manageyourfranchise.com
manageyourfranchise.com
40%
–––
franchise360.co.uk
franchise360.co.uk
39%
–––
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for FranConnect

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 9 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Franconnect

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Complete news archive for FranConnect

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to FranConnect

10 companies that operate in the same segment as FranConnect (SME & Vertical Software), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Consumer intelligence-driven mobile marketing platform is provided for user acquisition.
2005Singapore, SingaporeUSD 10 MUSD 288.73 M618
Business management software is offered for home service providers.
2007Glendale, California, United StatesUSD 1.1 BUSD 960.97 M3,050
Provider of cloud-based POS software solutions for businesses and service providers
1999San Francisco, California, United StatesUSD 923 M––
It offers a platform to schedule & manages appointments for beauty services
2012San Francisco, California, United StatesUSD 168.82 M––
Provider of SaaS-driven business management software for beauty salons and fitness centers
2001San Luis Obispo, California, United StatesUSD 118.01 M––
Meetings are scheduled via a cloud-based collaboration platform.
2013Atlanta, Georgia, United StatesUSD 351.51 M––
Machine learning-based tools are provided for DIY brand design creation.
2014Tel Aviv, IsraelUSD 70.6 M––
Cloud-based software for visualizing municipal financial data is provided.
2012Redwood City, California, United StatesUSD 182.12 MUSD 2.39 M90
Online trading platforms and investment tools are provided by Samco.
2015Mumbai, Maharashtra, IndiaUSD 19.61 M––
Predictive marketing and sales platform
1990San Francisco, California, United StatesUSD 332.76 M––
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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.

FranConnect has 175 employees.

The primary company behind FranConnect, Franconnect India Software Private Limited, reported revenue of β‚Ή51.87 Cr for FY 2024, up 24% year on year.

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.

FranConnect operates through Franconnect India Software Private Limited.

Yes. FranConnect was acquired by Serent Capital in November 2014.

The legal entities of FranConnect currently have 2 directors, including Gaurav Chamola, Mudit Goel.

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