About McCormick Systems
McCormick Systems is a company based in Chandler (United States) founded in 1979 was acquired by Foundation Software in May 2021.. McCormick Systems offers products and services including McCormick Pro, McCormick, and Design Estimating Pro. McCormick Systems operates in a competitive market with competitors including 1build, Buildxact, Ediphi, Monstock and Procurified, among others.
- Headquarter Chandler, United States
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
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- Legal Name Mccormick Systems Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Foundation Software
(May 06, 2021)
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Products & Services of McCormick Systems
McCormick Systems offers a comprehensive portfolio of products and services, including McCormick Pro, McCormick, and Design Estimating Pro. 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.
Advanced tool for construction bidding and management with custom features
Basic solution for estimating and digital takeoff in construction
Point-and-click software for accurate digital drawings and proposals
Funding Insights of McCormick Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 McCormick Systems
McCormick Systems has secured backing from 1 investor. Prominent investors backing the company include Foundation Software. 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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Construction accounting software is offered on-premise and in the cloud.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 McCormick Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 - McCormick Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Mccormick Systems Comparisons
Competitors of McCormick Systems
McCormick Systems 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 1build, Buildxact, Ediphi, Monstock and Procurified, 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 |
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| domain | founded_year | HQ Location |
SaaS takeoff and estimation software is provided for construction professionals.
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| domain | founded_year | HQ Location |
Cloud-based software is provided for construction estimation and job management.
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Cloud-based estimation platform for preconstruction is provided.
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| domain | founded_year | HQ Location |
Cloud-based inventory management solutions are offered to various sectors.
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| domain | founded_year | HQ Location |
SaaS-driven estimation and marketplace platform for construction projects is provided.
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| domain | founded_year | HQ Location |
Provides accurate calculations for construction materials via mobile app.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mccormick Systems
Frequently Asked Questions about McCormick Systems
When was McCormick Systems founded?
McCormick Systems was founded in 1979.
Where is McCormick Systems located?
McCormick Systems is headquartered in Chandler, United States. It is registered at Chandler, Arizona, United States.
What does McCormick Systems do?
McCormick Systems was established in 1979 in Chandler, United States, as a provider of specialized software. Tools for estimation are developed for electrical and plumbing contractors within the construction sector. Operations center on delivering solutions that support project bidding, cost calculation, and planning. The companys domain, mccormicksys.com, facilitates access to these services for industry professionals across the region.
Who are the top competitors of McCormick Systems?
What products or services does McCormick Systems offer?
McCormick Systems offers McCormick Pro, McCormick, and Design Estimating Pro.
Who are McCormick Systems's investors?
McCormick Systems has 1 investor. Key investors include Foundation Software.
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