About ISGN
ISGN is a company based in Melbourne (United States) founded in 2006 was acquired by Sagent in December 2019.. ISGN has raised $55 million across 2 funding rounds from investors including Sagent, NEA and IndoUS Venture Partners. The company has 1 employees as of April 09, 2024. ISGN operates in a competitive market with competitors including CreditNirvana, Valon Mortgage, InDebted, Clerkie and Data Sutram, among others.
- Headquarter Melbourne, United States
- Employees 1 as on 09 Apr, 2024
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Isg Novasoft Technologies Limited
- Date of Incorporation 25 Nov, 2003
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$12.66 M (USD)0as on Dec 31, 2015
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Net Profit
$1.02 M (USD)0as on Dec 31, 2015
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EBITDA
$2.03 M (USD)0as on Dec 31, 2015
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Total Equity Funding
$55 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Private Equity Round
Aug 10, 2011
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Investors
Sagent
& 2 more
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Employee Count
1
as on Apr 09, 2024
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Acquired by
Sagent
(Dec 23, 2019)
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Funding Insights of ISGN
ISGN has successfully raised a total of $55M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $30 million completed in August 2011. 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 Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $30.0M
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First Round
First Round
(12 Jun 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2011 | Amount | Private Equity Round - ISGN | Valuation |
investors |
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| Jun, 2007 | Amount | Private Equity Round - ISGN | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ISGN
ISGN has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Sagent, NEA and IndoUS Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Early and mid-stage investments are made in US and India.
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Founded Year | Domain | Location | |
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Mortgage loan servicing software is provided by Sagent.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ISGN
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ISGN
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Isgn Comparisons
Competitors of ISGN
ISGN 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 CreditNirvana, Valon Mortgage, InDebted, Clerkie and Data Sutram, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI/ML-driven debt management platform is offered for financial institutions.
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| domain | founded_year | HQ Location |
Cloud-native marketplace for mortgage loans
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| domain | founded_year | HQ Location |
Cloud-based debt collection solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Platform for loan servicing and credit score building through debt management
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| domain | founded_year | HQ Location |
Platform offering external data insights for enterprises across the customer lifecycle
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| domain | founded_year | HQ Location |
Data-driven debt management solutions are offered for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Isgn
Frequently Asked Questions about ISGN
When was ISGN founded?
ISGN was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is ISGN located?
ISGN is headquartered in Melbourne, United States. It is registered at Melbourne, Florida, United States.
Is ISGN a funded company?
ISGN is a funded company, having raised a total of $55M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $25M, raised on Jun 12, 2007.
How many employees does ISGN have?
As of Apr 09, 2024, the latest employee count at ISGN is 1.
What is the annual revenue of ISGN?
Annual revenue of ISGN is $12.66M as on Dec 31, 2015.
What does ISGN do?
ISGN was founded in 2006 and is based in Melbourne, United States. Operations focus on the mortgage lending sector, where software solutions for loan servicing, origination, construction, settlement, vendor management, compliance, and quality control are delivered. Additional tools for bankruptcy handling, loss mitigation, liquidation, payment processing, and process optimization are offered to support routine servicing needs.
Who are the top competitors of ISGN?
ISGN's top competitors include CreditNirvana, Valon Mortgage and InDebted.
Who are ISGN's investors?
ISGN has 3 investors. Key investors include Sagent, NEA, and IndoUS Venture Partners.