LeaseAccelerator

Reston, United States Founded: 2003 • Age: 23 yrs Acquired By insightsoftware
Cloud-based lease accounting and management solutions are provided for businesses.
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About LeaseAccelerator

LeaseAccelerator is a company based in Reston (United States) founded in 2003 by Michael Keeler was acquired by insightsoftware in July 2024.. LeaseAccelerator has raised $42.11 million across 5 funding rounds from investors including insightsoftware and Insight Partners. LeaseAccelerator has completed 1 acquisition, including Guardian Global Systems. LeaseAccelerator offers products and services including LeaseAccelerator, EZLease, and PureLease. LeaseAccelerator operates in a competitive market with competitors including Netgain Solutions, Odessa, International Decision Systems, Liventus and Leneo, among others.

  • Headquarter Reston, United States
  • Founders Michael Keeler
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $42.11 M (USD)

    in 5 rounds

  • Latest Funding Round
    $5 M (USD), Series B

    Oct 23, 2019

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    insightsoftware

    (Jul 11, 2024)

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Products & Services of LeaseAccelerator

LeaseAccelerator offers a comprehensive portfolio of products and services, including LeaseAccelerator, EZLease, and PureLease. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Automates lease lifecycle and compliance for businesses.

Ensures compliance with lease accounting standards.

Facilitates competitive bidding for lease contracts.

People of LeaseAccelerator
Headcount 1000-5000
Employee Profiles 207
Employee Profiles
People
David Kaplan
Senior Customer Success Manager
People
Nicole Mullins
Senior Growth Marketing Manager
People
Ayush Abhijeet
Engineer
People
Krishna Chaitanya Maduri
Information Security Engineer

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Funding Insights of LeaseAccelerator

LeaseAccelerator has successfully raised a total of $42.11M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in October 2019. 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 Rounds 5
  • Last Round Series B — $5.0M
  • First Round

    (20 Feb 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Series B - LeaseAccelerator Valuation

investors

Jun, 2018 Amount Series B - LeaseAccelerator Valuation Insight Partners
Jun, 2016 Amount Series A - LeaseAccelerator Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in LeaseAccelerator

LeaseAccelerator has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include insightsoftware and Insight 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
Founded Year Domain Location
Financial reporting and performance management solutions are provided for businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by LeaseAccelerator

LeaseAccelerator has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Guardian Global Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of web-enabled real estate lease administration and compliance management solutions
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - LeaseAccelerator

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Leaseaccelerator Comparisons

Employees
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Competitors of LeaseAccelerator

LeaseAccelerator 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 Netgain Solutions, Odessa, International Decision Systems, Liventus and Leneo, 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
Lease accounting software is offered for banks and financial institutions.
domain founded_year HQ Location
Odessa is recognized as a provider of asset finance software solutions.
domain founded_year HQ Location
Lease and loan software solutions are provided for equipment finance.
domain founded_year HQ Location
AI-based management solutions for equipment financing and leasing are provided.
domain founded_year HQ Location
Loan lifecycle management solutions for equipment lenders are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Leaseaccelerator

Frequently Asked Questions about LeaseAccelerator

When was LeaseAccelerator founded?

LeaseAccelerator was founded in 2003 and raised its 1st funding round 12 years after it was founded.

Where is LeaseAccelerator located?

LeaseAccelerator is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.

Who is the current CEO of LeaseAccelerator?

Todd Fredrick is the current CEO of LeaseAccelerator.

Is LeaseAccelerator a funded company?

LeaseAccelerator is a funded company, having raised a total of $42.11M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.2M, raised on Feb 20, 2015.

What does LeaseAccelerator do?

LeaseAccelerator was founded in 2003 and is headquartered in Reston, United States. Cloud-based platforms are offered for lease accounting and management in the financial services sector. Automation of lease processes and tracking of end-of-term options are facilitated through the platform. Consulting services in strategy and business processes are provided alongside solutions for compliance, operational efficiency, cash flow, and data management.

Who are the top competitors of LeaseAccelerator?

LeaseAccelerator's top competitors include Netgain Solutions, Odessa and International Decision Systems.

What products or services does LeaseAccelerator offer?

LeaseAccelerator offers LeaseAccelerator, EZLease, and PureLease.

How many acquisitions has LeaseAccelerator made?

LeaseAccelerator has made 1 acquisition, including Guardian Global Systems.

Who are LeaseAccelerator's investors?

LeaseAccelerator has 2 investors. Key investors include insightsoftware, and Insight Partners.

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