About i3 Verticals
i3 Verticals is a company based in Nashville (United States) founded in 2012 by Saranya Kumar and Greg Daily was acquired by Infinx in May 2025. i3 Verticals has raised $42.11 million across 7 funding rounds from investors including Bank of America, Pinnacle Financial Partners and Infinx. The company has 1,480 employees as of September 30, 2024. i3 Verticals has completed 11 acquisitions, including AccuFund, Axia Payments and BIS/i3 Public Sector. i3 Verticals offers products and services including Motor Vehicle Software, Case Management, and Patient Engagement Platform. i3 Verticals operates in a competitive market with competitors including Workday, Stripe, PayPal, Deltek and Flutterwave, among others.
- Headquarter Nashville, United States
- Employees 1480 as on 30 Sep, 2024
- Founders Saranya Kumar, Greg Daily
- Stage Public
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Sectors
TechnologyGovernment & Social Sector Financial Services
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Email
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Phone
Locked
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Website
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Social
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- Legal Name I3 Verticals, Inc.
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Annual Revenue
$213.16 M (USD)11.47as on Sep 30, 2025
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Net Profit
-$8.09 M (USD)91.23as on Sep 30, 2025
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EBITDA
$32.01 M (USD)5.87as on Sep 30, 2025
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Total Equity Funding
$42.11 M (USD)
in 7 rounds
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Latest Funding Round
$138 M (USD), Post-IPO
Feb 18, 2020
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Investors
Bank of America
& 5 more
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Employee Count
1480
as on Sep 30, 2024
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Investments & Acquisitions
AccuFund
& 10 more
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Acquired by
Infinx
(May 08, 2025)
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IPO & Listings of i3 Verticals
i3 Verticals is a publicly listed company on the NASDAQ with ticker symbol IIIV in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of i3 Verticals
i3 Verticals offers a comprehensive portfolio of products and services, including Motor Vehicle Software, Case Management, and Patient Engagement Platform.
Software for driver licensing and permitting services
Tools for court case management and document handling
Platform for clinical operations and billing management
People of i3 Verticals
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Funding Insights of i3 Verticals
i3 Verticals has successfully raised a total of $42.11M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $138 million completed in February 2020. 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.
Investors in i3 Verticals
i3 Verticals has secured backing from 6 investors, including institutional investors. Prominent investors backing the company include Bank of America, Pinnacle Financial Partners and Infinx.
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First Financial Bank is engaged in providing banking and financial services.
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Commercial banking and asset management services are offered worldwide.
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A commercial bank offering deposits, loans, and payment services.
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Investor details for i3 Verticals
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by i3 Verticals
i3 Verticals has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include AccuFund, Axia Payments and BIS/i3 Public Sector.
Investment portfolio details for i3 Verticals
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Legal services are provided in Sulphur Springs, United States.
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Text-based fundraising platform for nonprofit organizations
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Fund accounting software is offered for governments and non-profits.
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Locked | Locked | 2001 | Locked |
Complete acquisition details for i3 Verticals
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Financial Statements - i3 Verticals
Detailed financials for i3 Verticals
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I3 Verticals Comparisons
Peer comparison for i3 Verticals
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Competitors of i3 Verticals
i3 Verticals 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 Workday, Stripe, PayPal, Deltek and Flutterwave, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based HR and financial software is delivered to enterprises.
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Payment processing and card issuance solutions are provided for businesses.
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Online payment solutions are offered to consumers and businesses.
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Cloud-based ERP software is provided for project-driven organizations.
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Provider of payment processing solutions for businesses
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Cloud-based ERP software is offered for multiple industries.
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Detailed competitors of i3 Verticals
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Latest news on I3 Verticals
Complete news archive for i3 Verticals
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Frequently Asked Questions about i3 Verticals
i3 Verticals was founded in 2012 and raised its 1st funding round 2 years after it was founded.
i3 Verticals is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Greg Daily is the current CEO of i3 Verticals. They have also founded this company.
i3 Verticals is a funded company, having raised a total of $42.11M across 7 funding rounds to date.
As of Sep 30, 2024, the latest employee count at i3 Verticals is 1,480.
Annual revenue of i3 Verticals is $213.16M as on Sep 30, 2025.
i3 Verticals was founded in 2012 and is based in Nashville, United States. Payment processing services are delivered across sectors including education, property management, government, healthcare, and utilities. Cloud-based point-of-sale systems are utilized for retail management, transaction processing, inventory tracking, customer handling, and payments. Mobile applications and extensions are integrated to support checkout efficiency and provide staff with pricing and product details.
i3 Verticals's top competitors include Stripe, Workday and Flutterwave.
i3 Verticals offers Motor Vehicle Software, Case Management, and Patient Engagement Platform.
Yes, i3 Verticals is publicly traded on NASDAQ under the ticker symbol IIIV.
i3 Verticals has made 11 acquisitions, including AccuFund, Axia Payments, and BIS/i3 Public Sector.
i3 Verticals has 6 investors. Key investors include Bank of America, Pinnacle Financial Partners, Infinx, CapStar Bank, and First Financial Bank.
The ticker symbol of i3 Verticals is IIIV on NASDAQ.