About InRule
InRule is a Technology company based in Chicago (United States) founded in 2002, and was acquired by OpenGate Capital in August 2019. Business rules management is enabled via cloud-based SaaS platform. The company has 44 employees. InRule has completed 2 acquisitions, including Barium and simMachines. Its chief executive, as recorded, is Rik Chomko. InRule offers products and services including Rules Engine, Machine Learning, and Process Automation. Its focus areas include Enterprise Applications, Business Process Management Software and Business Rules Management. Its legal entity is INRULE TECHNOLOGY INC. Its competitors include RocketDocs, Document Agility and OpenRules; 2 of its 3 listed competitors have raised funding.
Company details
InRule was founded in 2002 in Chicago, United States, as a provider of cloud-based SaaS solutions for business rules management. AI is utilized to automate rules across sectors including healthcare, government, financial services, and insurance. Operations focus on rule-oriented application development (ROAD), service-oriented architecture, repository configuration, application messaging, and deployment strategies. Support is extended to IT and business teams for system design, development, deployment, and maintenance.
- Headquarters Chicago, United States
- Employees 44
- Stage Acquired
- SectorsTechnology
- Phone•••• ••••
- Website inrule.com
- Social LinkedIn X
- Acquired by OpenGate Capital (Aug 2019)
- Legal Name Inrule Technology Inc.
- InvestorsPamlico Capital
& 1 more
- Employee Count44
- Investments & AcquisitionsBarium
& 1 more
- Acquired byOpenGate Capital
(Aug 2019)
Products & Services of InRule
InRule offers a comprehensive portfolio of products and services, including Rules Engine, Machine Learning, and Process Automation.
Automates business decisions without programming effort.
Provides explainable predictions for confident business outcomes.
Eliminates repetitive tasks with no-code platform.
Funding Insights of InRule
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of InRule 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 |
|---|---|---|---|---|---|
| Oct 2022 | Seed | – | Pamlico Capital | – |
2 investors in total: 2 institutional.
Investors in InRule
InRule has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Pamlico Capital and OpenGate Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Pamlico Capital is engaged in private equity investments for growth companies. | pamlicocapital.com | Charlotte, United States | ||
OpenGate Capital is engaged in private equity investments globally. | opengatecapital.com | New York, United States |
Investor details for InRule
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People of InRule
2 people are tracked at InRule (1 in leadership, 1 in board & advisors); the tracked headcount is 44.
| Name | Role | Group |
|---|---|---|
Rik Chomko | CEO | Leadership |
Tom Walsh | Independent Board Director & Chairman | Board & advisors |
Complete people profiles for InRule
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Investments & Acquisitions by InRule
InRule has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Barium and simMachines.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based low-code platform for building applications is offered. | barium.se | Gothenburg, Sweden | 1995 | Sep 2021 | •••• | |
Search engine analytics services | simmachines.com | St. Louis, United States | 2011 | Jun 2021 | •••• |
Complete acquisition details for InRule
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Timeline of InRule
5 dated milestones of InRule across 20 years, from founding to its latest funding, stage changes and deals.
- Founded InRule is founded.
- Exit Acquired by OpenGate Capital.
- Acquisition Acquires simMachines.
- Acquisition Acquires Barium.
- Funding First funding round.
Competitors of InRule
InRule has 3 listed competitors in our database, 2 of them funded. They include RocketDocs, Document Agility and OpenRules.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rocketdocs.com | 1994 | Baltimore, United States | $16.02M | Proposal and information management software is provided for businesses. | ||
| documentagility.com | 2012 | Lake Mary, United States | $50,000 | Rule-based tools for legal document creation are offered. | ||
| openrules.com | 2003 | Monroe Township, United States | An open-source system for managing business decisions effectively. |
Detailed competitors of InRule
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Web traffic of InRule
The website of InRule (inrule.com) receives about 7.9K visits a month.
- Monthly visits7.9K
▲ 10% vs previous month
Websites whose visitors overlap most with InRule. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| decisionrules.io | 100% | 13.5K | #1,663,846 | View details | |
codeeffects.com | codeeffects.com | 92% | #12,054,267 | – | |
| actico.com | 87% | 15.1K | #1,757,133 | View details | |
| flexrule.com | 87% | 11.4K | #1,491,578 | View details | |
| openrules.com | 86% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for InRule
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- 26 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in Enterprise Workflow & Process Management
3 companies that operate in the same segment as InRule (Enterprise Workflow & Process Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 | |
Cloud-based business process management suite solutions are delivered. | 2010 | San Mateo, California, United States | USD 400.05 M | USD 838.81 M | 4,500 | |
Cloud-based low-code platform enables application development and automation. | 1999 | Reston, Virginia, United States | USD 47.5 M | USD 726.94 M | 2,029 |
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Related news about Inrule
Complete news archive for InRule
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Frequently Asked Questions about InRule
InRule was founded in 2002 and raised its 1st funding round 20 years after it was founded.
InRule is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Rik Chomko is the CEO of InRule, as recorded in our data.
InRule has 44 employees.
InRule was founded in 2002 in Chicago, United States, as a provider of cloud-based SaaS solutions for business rules management. AI is utilized to automate rules across sectors including healthcare, government, financial services, and insurance. Operations focus on rule-oriented application development (ROAD), service-oriented architecture, repository configuration, application messaging, and deployment strategies. Support is extended to IT and business teams for system design, development, deployment, and maintenance.
InRule's top competitors include RocketDocs, Document Agility and OpenRules.
InRule offers Rules Engine, Machine Learning, and Process Automation.
InRule has made 2 acquisitions, including Barium, and simMachines.
InRule has 2 investors. Key investors include Pamlico Capital, and OpenGate Capital.
InRule operates through Inrule Technology Inc..
Yes. InRule was acquired by OpenGate Capital in August 2019.