About Necho System
Necho System is a company based in Toronto (Canada) founded in 1995 was acquired by Cyber Shift Technologies in November 2005. Necho System operates in a competitive market with competitors including Brex, Ramp, Navan, Pleo and Airbase, among others.
- Headquarter Toronto, Canada
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Sectors
Travel & HospitalityTechnology
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Phone
Locked
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$2.5 M (USD), Debt – Venture
Dec 29, 2000
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Investors
GATX
& 2 more
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Employee Count
Not available
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Acquired by
Cyber Shift Technologies
(Nov 28, 2005)
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Funding Insights of Necho System
Investors in Necho System
Necho System has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include GATX, Cyber Shift and MM Venture Partners.
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Railcar leasing services are provided to rail industry clients worldwide.
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IT support, consulting, cloud services, and disaster recovery are offered.
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Investor details for Necho System
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Investments & Acquisitions by Necho System
Investment portfolio details for Necho System
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Financial Statements - Necho System
Detailed financials for Necho System
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Necho System Comparisons
Peer comparison for Necho System
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Competitors of Necho System
Necho System 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 Brex, Ramp, Navan, Pleo and Airbase, among others.
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SaaS-driven credit card and spend management solutions platform for businesses
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Spend management and accounts payable solutions are delivered to businesses.
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Corporate travel and expense management are facilitated through SaaS platform.
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SaaS expense management solutions for business travel are provided.
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Procure-to-pay management software is offered for business operations.
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Corporate cards and expense management are offered to businesses.
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Detailed competitors of Necho System
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Latest news on Necho System
Complete news archive for Necho System
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Frequently Asked Questions about Necho System
Necho System was founded in 1995 and raised its 1st funding round 5 years after it was founded.
Necho System is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Necho provides expense management solutions to automate the processing and facilitate the management of employee business expenses. It provides valuable spend management data for vendor negotiations, preferred rates, spend analysis and other business intelligence. Enables management to implement, communicate, and enforce compliance of employee expense policies. Captures opportunistic savings such as VAT recoveries, timely and accurate re-billings, corporate card rebates and amounts recouped for income tax recovery. Necho was acquired by Cybershift Inc. in November 2005.
Necho System has 3 investors. Key investors include GATX, Cyber Shift, and MM Venture Partners.