About Sageworks
Sageworks is a company based in Raleigh (United States) founded in 1998 by Brian Hamilton and Sarah Tourville was acquired by Accel-KKR in May 2018. Sageworks has raised $1.13 million across 2 funding rounds from investors including Boathouse Capital and Accel-KKR. The company has 209 employees as of December 31, 2018. Sageworks offers products and services including Lending Software, Financial Crime Solutions, Portfolio Risk Software, and Data Analytics Platform. Sageworks operates in a competitive market with competitors including Numerated, Migo, Ready Capital, Dealflo and LendingStandard, among others.
- Headquarter Raleigh, United States
- Employees 209 as on 31 Dec, 2018
- Founders Brian Hamilton, Sarah Tourville
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.13 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Boathouse Capital
& 1 more
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Employee Count
209
as on Dec 31, 2018
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Acquired by
Accel-KKR
(May 18, 2018)
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Products & Services of Sageworks
Sageworks offers a comprehensive portfolio of products and services, including Lending Software, Financial Crime Solutions, Portfolio Risk Software, and Data Analytics Platform.
Automates lending processes to reduce costs and enhance efficiency.
Detects and prevents money laundering and fraud in financial institutions.
Optimizes performance through CECL and stress testing tools.
Provides insights for better decision-making in banking operations.
Funding Insights of Sageworks
Sageworks has successfully raised a total of $1.13M across 2 strategic funding rounds. 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 Sageworks
Sageworks has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Boathouse Capital and Accel-KKR.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and debt investments are focused on multiple sectors.
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Investments are focused on mid-market software and technology-enabled services firms.
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Investor details for Sageworks
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Investments & Acquisitions by Sageworks
Investment portfolio details for Sageworks
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Sageworks
Detailed financials for Sageworks
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Sageworks Comparisons
Peer comparison for Sageworks
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Competitors of Sageworks
Sageworks 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 Numerated, Migo, Ready Capital, Dealflo and LendingStandard, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform for digitizing credit policies
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A cloud-based platform is provided for loan origination to lenders.
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Diversified lending NBFI
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Financial agreements are automated across finance sectors by Dealflo.
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Loan origination and underwriting platform for multifamily financing
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Detailed competitors of Sageworks
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Latest news on Sageworks
Complete news archive for Sageworks
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Frequently Asked Questions about Sageworks
Sageworks was founded in 1998 and raised its 1st funding round 11 years after it was founded.
Sageworks is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Scott Ogle is the current CEO of Sageworks.
Sageworks is a funded company, having raised a total of $1.13M across 2 funding rounds to date.
As of Dec 31, 2018, the latest employee count at Sageworks is 209.
Sageworks was founded in 1998 and is headquartered in Raleigh, United States. Financial analysis tools, industry data, and risk management solutions are offered to banks and credit unions. A banking platform enables online services, while an integrated lending system automates loan origination. Credit risk management includes decisioning, analysis, and risk rating. Advisory services for portfolio management, along with training and consulting, are also provided.
Sageworks's top competitors include Numerated, Ready Capital and Migo.
Sageworks offers Lending Software, Financial Crime Solutions, Portfolio Risk Software, and Data Analytics Platform.
Sageworks has 2 investors. Key investors include Boathouse Capital, and Accel-KKR.