About Sage Intacct
Sage Intacct is a Technology company based in San Jose (United States) founded in 1999, and was acquired by Sage Group in July 2017. Cloud-based accounting and financial management software is offered to businesses. Sage Intacct has raised $96 million across 10 funding rounds from investors including Sage Group, SVB and Bessemer Venture Partners. The company has 140 employees. Its Indian entity Intacct Software Private Limited reported revenue of ₹76.32 Cr. The company was acqui-hired. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Accounting Suite. Its competitors include Intuit and Found; 2 of its 2 listed competitors have raised funding.
Company details
Sage Intacct was founded in 1999 and is headquartered in San Jose, United States. Operations focus on the financial software sector, where cloud-based solutions for accounting and management are provided. Services encompass general ledger accounting, billing, cash management, order and purchase processing, financial reporting, budgeting, inventory control, fixed asset management, time and expense tracking, and vendor payments. These tools support business financial operations across various industries.
- Headquarters San Jose, United States
- Employees 140
- Stage Acquired
- SectorsTechnology
- Phone•••• ••••
- Website sageintacct.com
- Social LinkedIn X Facebook
- Acquired by Sage Group (Jul 2017)
- Legal Name Intacct Software Private Limited
- Date of Incorporation 11 Jul, 2005
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹76.32 Cr
FY 2025 · +10% YoY
- Indian entity net profit₹8.18 Cr
FY 2025 · 11% margin
- Indian entity EBITDA₹13.04 Cr
FY 2025 · 17% margin
- Total Equity Funding$96M (USD)
in 10 rounds
- Latest Funding Round$40M (USD), Debt – Venture
May 2016
- InvestorsSage Group
& 11 more
- Employee Count140
- Acquired bySage Group
(Jul 2017)
Associated legal entities of Sage Intacct
Sage Intacct operates through Intacct Software 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 |
|---|---|---|---|---|---|---|---|
| Intacct Software Private Limited CIN U72200KA2005FTC036752 | Active | 11 Jul 2005 | Bangalore, Karnataka | ₹76.3 Cr | 140 | 3 | View details |
Funding Insights of Sage Intacct
Sage Intacct has successfully raised a total of $96M across 10 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $40 million completed in May 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 $96M
- Total Rounds 10
- Last Round Debt – Venture — $40M
- First Round $10M
(Mar 2000)
- Investors Count 11
All 10 funding rounds of Sage Intacct 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 |
|---|---|---|---|---|---|
| May 2016 | $40M | Debt – Venture | – | – | |
| Feb 2014 | $30M | Series C | – | Battery Ventures, Sigma Partners | – |
| Feb 2014 | $15M | Debt – Conventional | – | – | |
| Oct 2012 | $6M | Debt – Conventional | – | – | |
| Oct 2012 | $7.5M | Series B | – | Split Rock Partners | |
| Jun 2011 | $12.5M | Series B | – | Split Rock Partners | |
| Apr 2008 | $15M | Series B | – | Bessemer Venture Partners | |
| Jun 2007 | $14M | Series B | – | Sigma Partners, Sutter Hill Ventures | |
| May 2006 | $7M | Series A | – | Emergence Capital | |
| Mar 2000 | $10M | Series A | – | – |
12 investors in total: 12 institutional.
Investors in Sage Intacct
Sage Intacct has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Sage Group, SVB and Bessemer Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Early-stage VC investments are made in US, Canada, and Asia. | sigmapartners.com | Danville, United States | ||
Tech focused Early and growth stage VC firm investing in the US | emcap.com | San Francisco, United States | ||
US venture capital investments are made across all stages. | splitrock.com | Eden Prairie, United States | ||
Investments in technology companies are conducted globally by Battery Ventures. | battery.com | |||
Investment management services are provided to institutions and wealthy families. | 2004 | morgancreekcap.com | Chapel Hill, United States | |
VC firm investing in the US | shv.com | Palo Alto, United States | ||
Sector-agnostic VC firm investing in geographies such as the US | jkbcapital.com | Chicago, United States | ||
Early-stage US tech startups are invested in by HWVP. | hwvp.com | San Francisco, United States | ||
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States |
Investor details for Sage Intacct
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Intacct Software Private Limited (Sage Intacct)
Intacct Software Private Limited is the primary company behind Sage Intacct. The board of Intacct Software Private Limited currently have 3 directors; the longest-serving is Ashish Maheshbhai Vaishnav, appointed in 2007. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashish Maheshbhai Vaishnav DIN 01675251 | Whole-time director | 01 Aug 2007 | 19 yrs 2 mo | Intacct Software Private Limited |
| Ditmir Xhaferi DIN 10140713 | Director | 12 Jun 2023 | 3 yrs 4 mo | Intacct Software Private Limited |
| Mark Parry DIN 10174123 | Director | 12 Jun 2023 | 3 yrs 4 mo | Intacct Software Private Limited |
People of Sage Intacct
544 people are tracked at Sage Intacct (229 in leadership, 6 in board & advisors, 309 in team); the tracked headcount is 140.
| Name | Role | Group |
|---|---|---|
Steve Hare | Chief Executive Officer | Leadership |
Liliane Diatta | Head Of Partner And Strategic Alliances | Leadership |
Jonathan Howell | Chief Financial Officer | Leadership |
Ismael Diaz | Revenue Operations Business Partner (interim) | Leadership |
Chinwe Osuji | Senior IT Director | Leadership |
Natasha Thomas | VP Public Affairs & Stakeholder Relations | Leadership |
Mathias Karady | VP Portfolio Growth, Financials & ERP Division | Leadership |
Ingrid Cazeaux | Senior Vice President & Chief Marketing Officer | Leadership |
Dan Dalton | Director Of Product Management | Leadership |
Tim O'Brien | Senior Director, Performance Marketing | Leadership |
Jermaine Doby | Senior Partner Marketing Manager | Leadership |
Emily Rains | North America Head Of Tax | Leadership |
Gavin Angus | People Director | UKIA | Leadership |
Victor Kessler | Head Of Sales, Ecosystem & Strategic Alliances - France & Europe Du Sud | Leadership |
Alexandre Martinez | Head Of New Customer Marketing France | Leadership |
Lance Moreno | Vice President Business Operations | Medium Business Segment - Financials And ERP | Leadership |
Aaron Harris | CTO | Leadership |
Amanda Cusdin | Chief People Officer | Leadership |
Sarah Jackson | Global Vice President Talent Acquisition & Employer Branding | Leadership |
Walid Abu-Hadba | Chief Product And Development Officer | Leadership |
524 more people are available in the full profile.
Complete people profiles for Sage Intacct
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Sage Intacct
Figures of Intacct Software Private Limited, the primary company behind Sage Intacct, for FY 2025. Revenue was ₹76.32 Cr (+10% year on year). Net profit was ₹8.18 Cr (11% margin). EBITDA was ₹13.04 Cr (17% margin). Revenue has grown at a compounded annual rate of +13% over three years and +23% over five years.
- ₹76.32 CrRevenue · FY 2025 · +10% YoY
- ₹8.18 CrNet profit · 11% margin
- ₹13.04 CrEBITDA · 17% margin
- ₹10 LakhPaid-up capital
- 140Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Intacct Software Private Limited are on its company page.
Detailed financial statements for Sage Intacct
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Sage Intacct
4 dated milestones of Sage Intacct across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Sage Intacct is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Debt – Venture, of $40.0M.
- Exit Acquired by Sage Group.
Competitors of Sage Intacct
Sage Intacct has 2 listed competitors in our database, 2 of them funded. They include Intuit and Found.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intuit.com | 1983 | Mountain View, United States | $49.62M | 18,800 | Financial and accounting software is developed for businesses and individuals. | |
| found.com | 2019 | San Francisco, United States | $118.75M | 35 | Accounting and bookkeeping solutions are provided for small businesses. |
Detailed competitors of Sage Intacct
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Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Sage Intacct (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Sage Intacct
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Frequently Asked Questions about Sage Intacct
Sage Intacct was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Sage Intacct is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Sage Intacct is a funded company, having raised a total of $96M across 10 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Mar 2000.
Sage Intacct has 140 employees.
The primary company behind Sage Intacct, Intacct Software Private Limited, reported revenue of ₹76.32 Cr for FY 2025, up 10% year on year.
Sage Intacct was founded in 1999 and is headquartered in San Jose, United States. Operations focus on the financial software sector, where cloud-based solutions for accounting and management are provided. Services encompass general ledger accounting, billing, cash management, order and purchase processing, financial reporting, budgeting, inventory control, fixed asset management, time and expense tracking, and vendor payments. These tools support business financial operations across various industries.
Sage Intacct has 12 investors. Key investors include Sage Group, SVB, Bessemer Venture Partners, Morgan Creek, and Sigma Partners.
Sage Intacct operates through Intacct Software Private Limited.
Yes. Sage Intacct was acquired by Sage Group in July 2017.
The legal entities of Sage Intacct currently have 3 directors, including Ditmir Xhaferi, Mark Parry, Ashish Maheshbhai Vaishnav.