MYOB
About MYOB
MYOB is a company based in Sydney (Australia) was acquired by MYOB in April 2021. It operates as a SaaS (Software-as-a-Service), and Subscription Services. MYOB offers products and services including MYOB Practice Management, MYOB Business, and MYOB Acumatica. MYOB operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, among others.
- Headquarter Sydney, Australia
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Myob Australia Pty Ltd
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Products & Services of MYOB
MYOB offers a comprehensive portfolio of products and services, including MYOB Practice Management, MYOB Business, and MYOB Acumatica. 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.
Software for managing practice operations and client needs.
Solutions for small to medium business financial management.
ERP system for managing complex business processes efficiently.
Funding Insights of MYOB
| 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 MYOB
MYOB has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MYOB. 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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Cloud-based accounting and ERP software is provided for businesses.
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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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Investments & Acquisitions by MYOB
| 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 - MYOB
| 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 |
Myob Comparisons
Competitors of MYOB
MYOB 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 AlmavivA, Hedgehog lab, Hancom, AKQA and Waracle, 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 |
IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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Integrated digital marketing campaigns are developed and executed across channels.
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Mobile apps and IoT solutions are developed across platforms.
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IT services for application modernization and development are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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Frequently Asked Questions about MYOB
Where is MYOB located?
MYOB is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
What does MYOB do?
MYOB is engaged in delivering software solutions for businesses of varying sizes, from sole operators to large enterprises. The company offers products like MYOB Practice Management for accountants and bookkeepers, MYOB Business for small to medium businesses, and MYOB Acumatica for ERP needs. Sectors served include manufacturing, construction, field services, distribution, and non-profit organizations. Solutions provided encompass financial management, payroll, inventory tracking, and customer relationship management, all integrated into scalable cloud platforms to enhance efficiency and profitability.
Who are the top competitors of MYOB?
MYOB's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does MYOB offer?
MYOB offers MYOB Practice Management, MYOB Business, and MYOB Acumatica.
Who are MYOB's investors?
MYOB has 1 investor. Key investors include MYOB.