About ISGN
ISGN is a Financial Services company based in Melbourne (United States) founded in 2006, and was acquired by Sagent in December 2019. Loan servicing solutions are provided to mortgage lenders. ISGN has raised $55 million across 2 funding rounds from investors including Sagent, NEA and IndoUS Venture Partners. The company has 1 employees. Its Indian entity Isg Novasoft Technologies Limited reported revenue of ₹6.6 Lakh. The company was acqui-hired. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Loan Servicing. Its competitors include Valon Mortgage and Clerkie; 2 of its 2 listed competitors have raised funding.
Company details
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.
- Headquarters Melbourne, United States
- Employees 1
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website isgn.com
- Social LinkedIn X Facebook
- Acquired by Sagent (Dec 2019)
- Legal Name Isg Novasoft Technologies Limited
- Date of Incorporation 25 Nov, 2003
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹6.6 Lakh
FY 2025 · -21% YoY
- Indian entity net loss-₹39.2 Lakh
FY 2025 · -595% margin
- Indian entity EBITDA-₹39.2 Lakh
FY 2025 · -595% margin
- Total Equity Funding$55M (USD)
in 2 rounds
- Latest Funding Round$30M (USD), Private Equity Round
Aug 2011
- InvestorsSagent
& 2 more
- Employee Count1
- Acquired bySagent
(Dec 2019)
Associated legal entities of ISGN
ISGN operates through Isg Novasoft Technologies Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Isg Novasoft Technologies Limited CIN U72900KA2003PLC050528 | Active | 25 Nov 2003 | Bangalore, Karnataka | ₹0.1 Cr | 1 | 3 | View details |
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 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 $55M
- Total Rounds 2
- Last Round Private Equity Round — $30M
- First Round $25M
(Jun 2007)
- Investors Count 2
All 2 funding rounds of ISGN 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 |
|---|---|---|---|---|---|
| Aug 2011 | $30M | Private Equity Round | – | – | |
| Jun 2007 | $25M | Private Equity Round | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Early and mid-stage investments are made in US and India. | iuvp.com | Santa Clara, United States | ||
Mortgage loan servicing software is provided by Sagent. | 1999 | sagent.com | Stamford, United States |
Investor details for ISGN
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
- Investor portfolios
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Board of directors of Isg Novasoft Technologies Limited (ISGN)
Isg Novasoft Technologies Limited is the primary company behind ISGN. The board of Isg Novasoft Technologies Limited currently have 3 directors; the longest-serving is Mavanur Venkatachala Sampath Kumar Iyengar, appointed in 2020. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mavanur Venkatachala Sampath Kumar Iyengar DIN 07613043 | Director | 01 Apr 2020 | 6 yrs 6 mo | Isg Novasoft Technologies Limited |
| Nicola Neeladri DIN 01997936 | Director | 01 Apr 2020 | 6 yrs 6 mo | Isg Novasoft Technologies Limited |
| Manoj Bawa DIN 01282046 | Director | 01 Apr 2023 | 3 yrs 6 mo | Isg Novasoft Technologies Limited |
People of ISGN
5 people are tracked at ISGN (1 in leadership, 4 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Amit Kothiyal | CEO | Leadership |
Jason Altenbaugh | Business Analyst - Software Development | Team |
Laurie Mudd | Business Analyst | Team |
Linda L Luhtanen | EVP Marketing | Team |
Sudheer Kumar | Project Lead | Team |
Complete people profiles for ISGN
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of ISGN
Figures of Isg Novasoft Technologies Limited, the primary company behind ISGN, for FY 2025. Revenue was ₹6.6 Lakh (-21% year on year). Net loss was -₹39.2 Lakh (-595% margin). EBITDA was -₹39.2 Lakh (-595% margin). Revenue has grown at a compounded annual rate of -59% over three years and -71% over five years.
- ₹6.6 LakhRevenue · FY 2025 · -21% YoY
- -₹39.2 LakhNet loss · -595% margin
- -₹39.2 LakhEBITDA · -595% margin
- ₹6.68 CrPaid-up capital
- 1Employees (provident fund records)
- -59%Revenue CAGR, 3 years
- -71%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Isg Novasoft Technologies Limited are on its company page.
Detailed financial statements for ISGN
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
Verified entity values are shown only after access is granted.
Timeline of ISGN
4 dated milestones of ISGN across 13 years, from founding to its latest funding, stage changes and deals.
- Founded ISGN is founded.
- Funding First funding round of $25.0M.
- Funding Latest funding round, Private Equity Round, of $30.0M.
- Exit Acquired by Sagent.
Competitors of ISGN
ISGN has 2 listed competitors in our database, 2 of them funded. They include Valon Mortgage and Clerkie.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| valon.com | 2019 | New York, United States | $187.33M | 285 | Cloud-native marketplace for mortgage loans | |
| clerkie.io | 2017 | San Francisco, United States | $35M | 30 | Platform for loan servicing and credit score building through debt management |
Detailed competitors of ISGN
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of ISGN
Websites that share an audience with ISGN (isgn.com).
Websites whose visitors overlap most with ISGN. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| glassdoor.com | 100% | 30.5M | #1,976 | View details | |
| lpsvcs.com | 39% | View details | |||
| fics.com | 37% | #5,783,189 | View details |
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as ISGN (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Isgn
Complete news archive for ISGN
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Frequently Asked Questions about ISGN
ISGN was founded in 2006 and raised its 1st funding round 1 year after it was founded.
ISGN is headquartered in Melbourne, United States. It is registered at Melbourne, Florida, United States.
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 2007.
ISGN has 1 employees.
The primary company behind ISGN, Isg Novasoft Technologies Limited, reported revenue of ₹6.6 Lakh for FY 2025, down 21% year on year.
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.
ISGN's top competitors include Valon Mortgage and Clerkie.
ISGN has 3 investors. Key investors include Sagent, NEA, and IndoUS Venture Partners.
ISGN operates through Isg Novasoft Technologies Limited.
Yes. ISGN was acquired by Sagent in December 2019.
The legal entities of ISGN currently have 3 directors, including Mavanur Venkatachala Sampath Kumar Iyengar, Manoj Bawa, Nicola Neeladri.