ResourceX

Denver, United States Founded: 2015 • Age: 11 yrs Acquired By Tyler Tech
Cloud-based platform for financial planning and budgeting
Annual revenue - Latest available
Total funding $2.4M 3 rounds
Employees 11 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About ResourceX

ResourceX is a company based in Denver (United States) founded in 2015 by Chris Fabian was acquired by Tyler Tech in October 2023. ResourceX has raised $2.35 million across 3 funding rounds from investors including Tyler Technologies and Innosphere Ventures. The company has 11 employees as of December 31, 2021. ResourceX offers products and services including Priority-Based Budgeting Platform, PBB Director, and Budget Development. ResourceX operates in a competitive market with competitors including ClearGov, Decision Lens, Munetrix, Gove and Questica, among others.

  • Headquarter Denver, United States
  • Employees 11 as on 31 Dec, 2021
  • Founders Chris Fabian
  • Sectors
    Government & Social Sector
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Resource Exploration, Llc
Operational Areas
Government & Social Sector → Government Technology & Digital Services Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.35 M (USD)

    in 3 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    Jun 02, 2023

  • Investors
  • Employee Count
    11

    as on Dec 31, 2021

  • Acquired by
    Tyler Tech

    (Oct 31, 2023)

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Products & Services of ResourceX

ResourceX offers a comprehensive portfolio of products and services, including Priority-Based Budgeting Platform, PBB Director, and Budget Development.

Product name locked
Category locked
Primary

AI-powered tool for aligning government resources with priorities

Product name locked
Category locked
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Expert-led customization for tailored budgeting solutions

Product name locked
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Features for program outcome alignment and resource optimization

People of ResourceX

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Ryan Lucia
Senior Account Manager
People
Matt McCafferty
Customer Success Manager
People
Erik Fabian
Business Development Manager
People
Walter Feeney
Senior Account Executive

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Funding Insights of ResourceX

ResourceX has successfully raised a total of $2.35M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in June 2023. 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 ResourceX

ResourceX has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Tyler Technologies and Innosphere Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Early-stage investments are made in innovative companies by Innosphere Ventures.
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Cloud-based solutions are provided for government organizations' operations.
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Investor details for ResourceX

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Investments & Acquisitions by ResourceX

Investments
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Investment portfolio details for ResourceX

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  • Transaction dates
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Financial Statements - ResourceX

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Detailed financials for ResourceX

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  • Profit trends
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Resourcex Comparisons

ResourceX Primary company
Description
Cloud-based platform for financial planning and budgeting
Location
Denver, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
11
As of 2021
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Peer comparison for ResourceX

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Competitors of ResourceX

ResourceX 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 ClearGov, Decision Lens, Munetrix, Gove and Questica, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based budget and performance management software is provided.
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Decision-making software is provided for government organizations' portfolio prioritization.
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Web-based financial tools for municipal and school forecasting are offered.
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A cloud-based platform is utilized for municipal management tasks.
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Budgeting solutions are offered for public sector entities.
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Detailed competitors of ResourceX

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Latest news on Resourcex

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Complete news archive for ResourceX

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Frequently Asked Questions about ResourceX

ResourceX was founded in 2015 and raised its 1st funding round 6 years after it was founded.

ResourceX is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

ResourceX is a funded company, having raised a total of $2.35M across 3 funding rounds to date.

As of Dec 31, 2021, the latest employee count at ResourceX is 11.

Cloud-based platform for financial planning and budgeting. It provides data analysis and data application tools for the government to program budgeting, open-source data publishing, budget performance metrics, budget analyzer, etc.

ResourceX's top competitors include Munetrix, ClearGov and Decision Lens.

ResourceX offers Priority-Based Budgeting Platform, PBB Director, and Budget Development.

ResourceX has 2 investors. Key investors include Tyler Technologies, and Innosphere Ventures.

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