About Next Gear Solutions
Next Gear Solutions is a company based in Memphis (United States) founded in 2008 was acquired by CoreLogic in September 2021. Next Gear Solutions has raised $11.05 million across 1 funding round from investors including Cotality and Serent Capital. The company has 71 employees as of April 06, 2024. Next Gear Solutions has completed 5 acquisitions, including Accurence, ClientRunner and Luxor CRM. Next Gear Solutions offers products and services including DASH CRM, MICA, Mitigate Engage, BI Reporting, and FieldAssist. Next Gear Solutions operates in a competitive market with competitors including Procore, Nemetschek Group, Hover, Viewpoint and Powerplay, among others.
- Headquarter Memphis, United States
- Employees 71 as on 06 Apr, 2024
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Sectors
Real Estate & ConstructionFinancial Services Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Next Gear India Private Limited
- Date of Incorporation 03 Apr, 2018
- Jurisdiction New Town, West Bengal, India
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Annual Revenue
$2.68 M (USD)-23.92as on Mar 31, 2023
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Net Profit
$338.08 K (USD)161.08as on Mar 31, 2023
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EBITDA
$508.11 K (USD)98.41as on Mar 31, 2023
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Total Equity Funding
$11.05 M (USD)
in 1 rounds
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Latest Funding Round
$11.05 M (USD), Series A
Apr 07, 2016
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Investors
Cotality
& 1 more
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Employee Count
71
as on Apr 06, 2024
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Investments & Acquisitions
Accurence
& 4 more
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Acquired by
CoreLogic
(Sep 15, 2021)
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Products & Services of Next Gear Solutions
Next Gear Solutions offers a comprehensive portfolio of products and services, including DASH CRM, MICA, Mitigate Engage, BI Reporting, and FieldAssist.
Software for managing customer interactions in restoration jobs.
Tools for engaging and mitigating risks in property restoration.
Platform for real-time communications in restoration processes.
Software for generating reports and analytics in restoration management.
Application for on-site inspection and scoping in property work.
People of Next Gear Solutions
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Funding Insights of Next Gear Solutions
Next Gear Solutions has successfully raised a total of $11.05M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.05 million completed in April 2016. 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.
Investors in Next Gear Solutions
Next Gear Solutions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cotality and Serent Capital.
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Property data and analytics solutions are provided by Cotality.
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Investor details for Next Gear Solutions
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Investments & Acquisitions by Next Gear Solutions
Next Gear Solutions has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Accurence, ClientRunner and Luxor CRM.
Investment portfolio details for Next Gear Solutions
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of software development and IT consulting services
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Offers CRM tools for job management and client relations in restoration industry.
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Onsite inspections for property insurance claims are automated by Accurence.
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Complete acquisition details for Next Gear Solutions
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Financial Statements - Next Gear Solutions
Detailed financials for Next Gear Solutions
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Next Gear Solutions Comparisons
Peer comparison for Next Gear Solutions
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Competitors of Next Gear Solutions
Next Gear Solutions 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 Procore, Nemetschek Group, Hover, Viewpoint and Powerplay, among others.
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SaaS project management software is provided for construction professionals.
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Provider of management solutions for the construction sector
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Hover is recognized for providing construction and renovation software solutions.
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SaaS-based project management solutions are delivered for construction.
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SaaS software for construction professionals' communication and collaboration is provided.
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SaaS documentation management solutions for construction are provided.
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Detailed competitors of Next Gear Solutions
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Verified entity values are shown only after access is granted.
Latest news on Next Gear Solutions
Complete news archive for Next Gear Solutions
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Frequently Asked Questions about Next Gear Solutions
Next Gear Solutions was founded in 2008 and raised its 1st funding round 8 years after it was founded.
Next Gear Solutions is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
Next Gear Solutions is a funded company, having raised a total of $11.05M across 1 funding round to date.
As of Apr 06, 2024, the latest employee count at Next Gear Solutions is 71.
Annual revenue of Next Gear Solutions is $2.68M as on Mar 31, 2023.
Next Gear Solutions was founded in 2008 and is based in Memphis, United States. Web-based software is offered by the company to support job management for restoration firms and contractors. The Restoration Management platform includes workflow and task management, offline access, compliance tracking, design utilities, moisture measurement, job dashboards, contact handling, scheduling calendars, assignment functions, and workflow builders. Operations focus on the restoration sector within the construction industry.
Next Gear Solutions's top competitors include Procore, Hover and Nemetschek Group.
Next Gear Solutions offers DASH CRM, MICA, Mitigate Engage, BI Reporting, and FieldAssist.
Next Gear Solutions has made 5 acquisitions, including Accurence, ClientRunner, and Luxor CRM.
Next Gear Solutions has 2 investors. Key investors include Cotality, and Serent Capital.