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
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Isg Novasoft Technologies Limited
- Date of Incorporation 25 Nov, 2003
- Jurisdiction Bangaluru, Karnataka, India
-
Annual Revenue
$12.66 M (USD)0as on Dec 31, 2015
-
Net Profit
$1.02 M (USD)0as on Dec 31, 2015
-
EBITDA
$2.03 M (USD)0as on Dec 31, 2015
-
Total Equity Funding
$55 M (USD)
in 2 rounds
-
Latest Funding Round
$30 M (USD), Private Equity Round
Aug 10, 2011
-
Investors
Sagent
& 2 more
-
Employee Count
1
as on Apr 09, 2024
-
Acquired by
Sagent
(Dec 23, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $30.0M
-
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 |
|
| Jun, 2007 | Amount | Private Equity Round - ISGN | 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments are offered to startups by NEA.
|
Founded Year | Domain | Location | |
|
Early and mid-stage investments are made in US and India.
|
Founded Year | Domain | Location | |
|
Mortgage loan servicing software is provided by Sagent.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ISGN
Financial Statements - ISGN
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI/ML-driven debt management platform is offered for financial institutions.
|
|
| domain | founded_year | HQ Location |
Cloud-native marketplace for mortgage loans
|
|
| domain | founded_year | HQ Location |
Cloud-based debt collection solutions are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Platform for loan servicing and credit score building through debt management
|
|
| domain | founded_year | HQ Location |
Platform offering external data insights for enterprises across the customer lifecycle
|
|
| domain | founded_year | HQ Location |
Data-driven debt management solutions are offered for multiple industries.
|
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 12, 2007.
As of Apr 09, 2024, the latest employee count at ISGN is 1.
Annual revenue of ISGN is $12.66M as on Dec 31, 2015.
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 CreditNirvana, Valon Mortgage and InDebted.
ISGN has 3 investors. Key investors include Sagent, NEA, and IndoUS Venture Partners.