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. 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
- SectorsReal Estate & ConstructionFinancial Services Technology
- Email••••••••
- Phone•••• ••••
- Website nextgearsolutions.com
- Social LinkedIn X Facebook YouTube
- Acquired by CoreLogic (Sep 2021)
- Legal Name Next Gear India Private Limited
- Date of Incorporation 03 Apr, 2018
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹56.41 Cr
FY 2025 · +89% YoY
- Net Profit₹3.00 Cr
FY 2025 · 5% margin
- EBITDA₹8.27 Cr
FY 2025 · 15% margin
- Total Equity Funding$11.05 M (USD)
in 1 rounds
- Latest Funding Round$11.05 M (USD), Series A
Apr 07, 2016
- InvestorsCotality
& 1 more
- Employee Count71
- Investments & AcquisitionsAccurence
& 4 more
- Acquired byCoreLogic
(Sep 15, 2021)
Associated legal entities of Next Gear Solutions
Next Gear Solutions operates through Next Gear India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Next Gear India Private Limited CIN U72200WB2018FTC225469 | Active | 03 Apr 2018 | Kolkata, West Bengal | ₹56.4 Cr | 71 | 2 | View details |
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.
Apps and channels of Next Gear Solutions
Next Gear Solutions publishes 1 mobile app with over 1K+ downloads; its YouTube channel Cotality Restoration has 886 subscribers and 30 videos.
Videos from Next Gear Solutions
The most watched videos on Next Gear Solutions's YouTube channel, Cotality Restoration (886 subscribers). Click a video to play it here.
More on Cotality Restoration.
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.
- Total Funding $11.1M
- Total Rounds 1
- Last Round Series A — $11.1M
- First Round $11.1M
(07 Apr 2016)
- Investors Count 1
All 1 funding rounds of Next Gear Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 07 Apr 2016 | $11.1M | Series A | – | Serent Capital | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | serentcapital.com | - | |
Property data and analytics solutions are provided by Cotality. | 1894 | corelogic.com | Irvine, United States |
Investor details for Next Gear Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Next Gear India Private Limited (Next Gear Solutions)
Next Gear India Private Limited is the primary company behind Next Gear Solutions. The board of Next Gear India Private Limited currently have 2 directors; the longest-serving is Dibyendu Kishor Goswami, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dibyendu Kishor Goswami DIN 08101334 | Director | 03 Apr 2018 | 8 yrs 6 mo | Next Gear India Private Limited |
| Benjamin Sherman . Brien DIN 10230150 | Director | 07 Jul 2023 | 3 yrs 3 mo | Next Gear India Private Limited |
People of Next Gear Solutions
26 people are tracked at Next Gear Solutions (9 in leadership, 17 in team); the tracked headcount is 71.
| Name | Role | Group |
|---|---|---|
Lauren Becker | Client Success Director, Strategic Accounts | Leadership |
Peggy Gray | Director of Client Services | Leadership |
Michael Chancellor | Senior Director of Analytics | Leadership |
Brandon Burton | VP Technical Application | Leadership |
Lloyd Marcom | Vice President, Service Operations | Leadership |
Peter Lovasz | Vice President, Sales and Marketing | Leadership |
Pamela Bowen | Director Of Client Services | Leadership |
Steve Hansen | Sr. Director of Product Management | Leadership |
Rob Koch | Senior Director of Customer Success | Leadership |
Jesse Burboa | Inside Sales Manager | Team |
Aaron C. | Sales & Marketing Operations Analyst | Team |
Eric Pruitt | System Analyst | Team |
Kailey Gray | Client Services Account Manager | Team |
Michelle Willoughby | Client Services Coach Specialist | Team |
Summer Sylvestre | Data Analyst | Team |
Scott Severe | SVP Alliances and Industry Relations | Team |
Hannah L. Earl | Business Development Lead | Team |
Andrew Stewart | Client Support Specialist | Team |
Laura Herbert | Customer Configuration And Testing Analyst | Team |
Bert Haynes | Technical Support Administrator | Team |
6 more people are available in the full profile.
Complete people profiles for Next Gear Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Financials of Next Gear Solutions
Figures of Next Gear India Private Limited, the primary company behind Next Gear Solutions, for FY 2025. Revenue was ₹56.41 Cr (+89% year on year). Net profit was ₹3.00 Cr (5% margin). EBITDA was ₹8.27 Cr (15% margin). Revenue has grown at a compounded annual rate of +24% over three years and +50% over five years.
- ₹56.41 CrRevenue · FY 2025 · +89% YoY
- ₹3.00 CrNet profit · 5% margin
- ₹8.27 CrEBITDA · 15% margin
- ₹0.10 CrPaid-up capital
- 71Employees (provident fund records)
- +24%Revenue CAGR, 3 years
- +50%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Next Gear India Private Limited are on its company page.
Detailed financial statements for Next Gear Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Onsite inspections for property insurance claims are automated by Accurence. | accurence.com | Westminster, United States | 2005 | Sep 2019 | •••• | |
Water damage claims are managed via web-based software solutions. | moisturemapper.com | Boston, United States | 2003 | Feb 2018 | •••• | |
Provider of software development and IT consulting services | micaexchange.com | Jacksonville, United States | 2010 | Jun 2017 | •••• | |
Offers CRM tools for job management and client relations in restoration industry. | luxorcrm.com | Toronto, Canada | 2009 | Jan 2017 | •••• | |
Job management software is provided for cleaning and restoration contractors. | clientrunner.com | Orem, United States | 2003 | Jun 2016 | •••• |
Complete acquisition details for Next Gear Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Next Gear Solutions
8 dated milestones of Next Gear Solutions across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Next Gear Solutions is founded.
- Funding First funding round of $11.1M.
- Acquisition Acquires ClientRunner.
- Acquisition Acquires Luxor CRM.
- Acquisition Acquires MICA Exchange.
- Acquisition Acquires Moisture Mapper.
- Acquisition Acquires Accurence.
- Exit Acquired by CoreLogic.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| procore.com | 2003 | Carpinteria, United States | $405.2M | 3,164 | SaaS project management software is provided for construction professionals. | |
| nemetschek.com | 1963 | Munich, Germany | – | 3,400 | Provider of management solutions for the construction sector | |
| hover.to | 2011 | San Francisco, United States | $142.3M | 280 | Hover is recognized for providing construction and renovation software solutions. | |
| viewpoint.com | 1976 | Newcastle Upon Tyne, United Kingdom | $86.0M | 657 | SaaS-based project management solutions are delivered for construction. | |
| getpowerplay.in | 2020 | Bengaluru, India | $14.9M | 141 | SaaS software for construction professionals' communication and collaboration is provided. | |
| planradar.com | 2013 | Vienna, Austria | $102.5M | – | SaaS documentation management solutions for construction are provided. | |
| homee.com | 2016 | Tampa, United States | $77.4M | 72 | On-demand home service professionals are booked via an online marketplace. | |
| plangrid.com | 2011 | San Francisco, United States | $18.0M | 363 | Provider of collaboration on web and mobile for field construction | |
| fieldwire.com | 2013 | San Francisco, United States | $39.0M | 80 | A cloud-based collaboration platform is offered for construction project teams. | |
| hyphensolutions.com | 1998 | Addison, United States | – | 159 | Collaboration and scheduling software is provided for home construction. |
Detailed competitors of Next Gear Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Latest news on Next Gear Solutions
Complete news archive for Next Gear Solutions
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Next Gear Solutions
10 companies that operate in the same segment as Next Gear Solutions (Construction & Building Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 405.2 M | USD 1.32 B | 4,200 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 763.1 M | USD 1.43 B | 1,710 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Cloud-based CRM and project management software for contractors is provided. | 2011 | American Fork, Utah, United States | USD 383 M | – | – | |
Cloud-based AR-enabled photo collaboration for field services is provided. | 2015 | Lincoln, Nebraska, United States | USD 36.25 M | – | – | |
AI and app-based smart windows are provided for buildings. | 2007 | Milpitas, California, United States | USD 3.71 B | – | – | |
Provider of management solutions for the construction sector | 1963 | Munchen, Bayern, Germany | – | USD 1.4 B | – |
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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. The company's 1st funding round was a Series A of $11.05M, raised on Apr 07, 2016.
Next Gear Solutions has 71 employees.
The primary company behind Next Gear Solutions, Next Gear India Private Limited, reported revenue of ₹56.41 Cr for FY 2025, up 89% year on year.
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.
Next Gear Solutions operates through Next Gear India Private Limited.
Yes. Next Gear Solutions was acquired by CoreLogic in September 2021.