About Springbrook Software
Springbrook Software is a company based in Portland (United States) founded in 1985 was acquired by Accel-KKR in January 2020.. The company has 96 employees as of December 31, 2022. Springbrook Software has completed 4 acquisitions, including BIAS Software, MAGIQ Software and PUBLIQ Software. Springbrook Software offers products and services including Cirrus ERP, Xpress Bill Pay, and Pulse Software. Springbrook Software operates in a competitive market with competitors including Daxko, Blackbaud, Ministry Brands, Foundant Technologies and Munetrix, among others.
- Headquarter Portland, United States
- Employees 96 as on 31 Dec, 2022
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Sectors
Government & Social SectorTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Springbrook Holding Company, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Accela
& 1 more
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Employee Count
96
as on Dec 31, 2022
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Investments & Acquisitions
BIAS Software
& 3 more
- Acquired by
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Products & Services of Springbrook Software
Springbrook Software offers a comprehensive portfolio of products and services, including Cirrus ERP, Xpress Bill Pay, and Pulse Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-based ERP for government finance and operations management
Online system for utility billing and payments
HR platform integrated with ERP for payroll processing
Funding Insights of Springbrook Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Springbrook Software
Springbrook Software has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Accela and Accel-KKR. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are focused on mid-market software and technology-enabled services firms.
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Founded Year | Domain | Location | |
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Administrative tools and civic engagement platforms are provided to governments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Springbrook Software
Springbrook Software has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BIAS Software, MAGIQ Software and PUBLIQ Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Integrated software solutions are provided for local government and utilities.
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2018 | ||||
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Pulse Software is focused on providing HR technology solutions.
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2011 | ||||
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Accounting and payroll software is provided for local governments.
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1991 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Springbrook Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Springbrook Software Comparisons
Competitors of Springbrook Software
Springbrook Software 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 Daxko, Blackbaud, Ministry Brands, Foundant Technologies and Munetrix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based solutions are delivered for nonprofit organizations' operations.
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| domain | founded_year | HQ Location |
Cloud-based software solutions for nonprofit organizations are offered.
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| domain | founded_year | HQ Location |
Comprehensive church management solutions are enabled by SaaS.
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| domain | founded_year | HQ Location |
Grant management software is provided for grantmakers and grantseekers.
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| domain | founded_year | HQ Location |
Web-based financial tools for municipal and school forecasting are offered.
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| domain | founded_year | HQ Location |
Financial solutions are offered to enterprises via a cloud-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Springbrook Software
Frequently Asked Questions about Springbrook Software
When was Springbrook Software founded?
Springbrook Software was founded in 1985.
Where is Springbrook Software located?
Springbrook Software is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
How many employees does Springbrook Software have?
As of Dec 31, 2022, the latest employee count at Springbrook Software is 96.
What does Springbrook Software do?
Springbrook Software was founded in 1985 in Portland, United States, focusing on the government technology sector. Cloud-based and on-premises solutions for fund accounting, utility billing, payroll, and property tax are offered to local governments, utilities, and special districts. Following acquisition by Accela in April 2015, these solutions have been integrated into Accelas Finance and Administration offerings, supporting administrative operations across various public entities.
Who are the top competitors of Springbrook Software?
Springbrook Software's top competitors include Daxko, Foundant Technologies and Blackbaud.
What products or services does Springbrook Software offer?
Springbrook Software offers Cirrus ERP, Xpress Bill Pay, and Pulse Software.
How many acquisitions has Springbrook Software made?
Springbrook Software has made 4 acquisitions, including BIAS Software, MAGIQ Software, and PUBLIQ Software.
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