Sage Intacct

San Jose, United States Founded: 1999 • Age: 27 yrs Acquired By Sage Group
Cloud-based accounting and financial management software is offered to businesses.
Annual revenue $7.8M Latest available
Total funding $96.0M 10 rounds
Employees 140 Tracked headcount
Investors 12 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Sage Intacct

Sage Intacct is a company based in San Jose (United States) founded in 1999 was acquired by Sage Group in July 2017. 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 as of April 08, 2024. Sage Intacct operates in a competitive market with competitors including Intuit, Visma, Clear, Wave and Xero, among others.

  • Headquarter San Jose, United States
  • Employees 140 as on 08 Apr, 2024
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Intacct Software Private Limited
  • Date of Incorporation 11 Jul, 2005
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7.76 M (USD)
    22.46
    as on Mar 31, 2023
  • Net Profit
    $749.26 K (USD)
    9.44
    as on Mar 31, 2023
  • EBITDA
    $1.8 M (USD)
    15.54
    as on Mar 31, 2023
  • Total Equity Funding
    $96 M (USD)

    in 10 rounds

  • Latest Funding Round
    $40 M (USD), Debt – Venture

    May 05, 2016

  • Investors
    Sage Group

    & 11 more

  • Employee Count
    140

    as on Apr 08, 2024

  • Acquired by
    Sage Group

    (Jul 26, 2017)

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People of Sage Intacct

Headcount 10000+
Employee Profiles 538
Board Members and Advisors 6
Employee Profiles
People
Steve Hare
Chief Executive Officer
People
Jinshu Peethambaran
Principal Security Specialist
People
Maria Iuliana C.
UX Team Leader
People
Sara Alizadeh
Marketing Technology Manager

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Board Members and Advisors
people
Donald Brydon
Chairman
people
Annette Court
Independent Non-Executive Director
people
Sangeeta Anand
Independent non-executive director
people
Jonathan Bewes
Independent Non-Executive Director

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Early-stage VC investments are made in US, Canada, and Asia.
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Tech focused Early and growth stage VC firm investing in the US
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Investor details for Sage Intacct

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Investments & Acquisitions by Sage Intacct

Investments
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Investment portfolio details for Sage Intacct

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Financial Statements - Sage Intacct

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Detailed financials for Sage Intacct

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Sage Intacct Comparisons

Sage Intacct Primary company
Description
Cloud-based accounting and financial management software is ...
Location
San Jose, United States
Founded Year
1999
Annual Revenue
$7.76 M (USD)
Net Profit
$749.26 K (USD)
EBITDA
$1.8 M (USD)
Employees
140
As of 2024
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Peer comparison for Sage Intacct

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Competitors of Sage Intacct

Sage Intacct 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 Intuit, Visma, Clear, Wave and Xero, among others.

Company Name Domain Founded year HQ Location Description
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Financial and accounting software is developed for businesses and individuals.
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Cloud-based ERP software is provided for business management across segments.
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Technology-enabled accounting and finance solutions are offered for SMBs.
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Web-based accounting software is offered for business use.
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Cloud-based accounting and payment management is offered for small businesses.
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Cloud-based invoicing and accounting software is offered for businesses.
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Detailed competitors of Sage Intacct

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Latest news on Sage Intacct

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Complete news archive for 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.

As of Apr 08, 2024, the latest employee count at Sage Intacct is 140.

Annual revenue of Sage Intacct is $7.76M as on Mar 31, 2023.

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's top competitors include Intuit, Visma and Clear.

Sage Intacct has 12 investors. Key investors include Sage Group, SVB, Bessemer Venture Partners, Morgan Creek, and Sigma Partners.

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