About Strata Decision Technology
Strata Decision Technology is a Technology company based in Chicago (United States) founded in 1985, and was acquired by Vizient in August 2024. Financial software and analytics solutions are provided by Strata. It operates on a SaaS (Software-as-a-Service) and Professional Services model. The company has 383 employees. Strata Decision Technology has completed 1 acquisition, including Stratasan. Its website syntellis.com draws about 243 thousand monthly visits. Strata Decision Technology offers products and services including StrataJazz, Axiom for Healthcare, Axiom for Financial Institutions, and Axiom for Higher Education. Its focus areas include Software, Financial Software, Healthcare and Healthcare IT. Its competitors include Incorta, insightsoftware and OneStream Software; 3 of its 3 listed competitors have raised funding.
Company details
Strata Decision Technology is engaged in delivering financial software, data, and insights to support decision-making and performance across multiple industries. Solutions are offered for healthcare, higher education, and financial institutions, focusing on financial planning, budgeting, forecasting, and analytics. Tools like StrataJazz and Axiom are developed to enhance operational agility and strategic planning. Services are extended to over 2,300 organizations, ensuring a unified platform for decision support and continuous improvement in diverse sectors.
- Headquarters Chicago, United States
- Employees 383
- Stage Acquired
- SectorsTechnology
- Website category Finance · Accounting and Auditing
- Email••••••••
- Phone•••• ••••
- Website syntellis.com
- Social LinkedIn X Facebook
- Acquired by Roper Technologies (Aug 2023)
- Legal Name Strata Decision Technology
- InvestorsThoma Bravo
& 3 more
- Employee Count383
- Investments & Acquisitions
- Acquired by
Products & Services of Strata Decision Technology
Strata Decision Technology offers a comprehensive portfolio of products and services, including StrataJazz, Axiom for Healthcare, Axiom for Financial Institutions, and Axiom for Higher Education.
Financial software is provided for decision-making and insights.
EPM solutions are offered for financial operational agility.
Planning and profitability tools are delivered for institutions.
Strategic financial planning tools are provided for education.
Funding Insights of Strata Decision Technology
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of Strata Decision Technology 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 |
|---|---|---|---|---|---|
| Jun 2020 | Unspecified | – | MDP, Thoma Bravo | – |
4 investors in total: 4 institutional.
Investors in Strata Decision Technology
Strata Decision Technology has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Thoma Bravo, Roper Technologies and Vizient Inc.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward key sectors by MDP. | mdcp.com | Chicago, United States | ||
Software and technology-enabled services companies are targeted for investment. | 1980 | thomabravo.com | Chicago, United States | |
Vizient Inc. is engaged in healthcare performance improvement solutions. | 1977 | vizientinc.com | Irving, United States | |
Diversified technology products are manufactured for industrial and scientific sectors. | 1981 | ropertech.com | Sarasota, United States |
Investor details for Strata Decision Technology
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People of Strata Decision Technology
25 people are tracked at Strata Decision Technology (6 in leadership, 19 in team); the tracked headcount is 383.
| Name | Role | Group |
|---|---|---|
Joan Lundholm | Sr. Director - Engineering Program Mgmt. | Leadership |
Don Scott | CFO | Leadership |
Javan Smith | Executive Vice President Of Development | Leadership |
Venkata Rao Dasari | Vice President Of Engineering | Leadership |
Nupur Sashti | Director Of Data Services | Leadership |
Patrick Cross | Director Of Professional Services, Healthcare | Leadership |
Dewayne Hevelone | Senior Business Analyst, Netsuite | Team |
Megan Bleyaert | Senior Accountant | Team |
Elise O’Malley | Senior Accounting Manager | Team |
Anthony Fox | Principal Engineer | Team |
Berry Beadles | Lead Client Analyst | Team |
Nathan Crosson | Software Engineering Manager | Team |
Mauricio Garcia Valli | Senior Scrum Master | Team |
Teresa Holland | Lead Client Analyst | Team |
Jason Bird | Principal Software Architect | Team |
Vishal Patole | Principal Software Architect | Team |
Tyler Womack | Senior Product Developer | Team |
Mike Quesnel | Senior R&d Manager | Team |
Wendy Heim | Sr. Product Marketing Manager | Team |
Jason Schuster | Principal Architect Devops | Team |
5 more people are available in the full profile.
Complete people profiles for Strata Decision Technology
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Investments & Acquisitions by Strata Decision Technology
Strata Decision Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stratasan.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Healthcare market intelligence is delivered through a SaaS platform. | stratasan.com | Nashville, United States | 2010 | Jul 2022 | •••• |
Complete acquisition details for Strata Decision Technology
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Timeline of Strata Decision Technology
5 dated milestones of Strata Decision Technology across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Strata Decision Technology is founded.
- Funding First funding round.
- Acquisition Acquires Stratasan.
- Exit Acquired by Roper Technologies.
- Exit Acquired by Vizient.
Competitors of Strata Decision Technology
Strata Decision Technology has 3 listed competitors in our database, 3 of them funded. They include Incorta, insightsoftware and OneStream Software.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| incorta.com | 2013 | San Mateo, United States | $202.12M | 120 | AI-based business intelligence platform is provided for real-time data analytics. | |
| insightsoftware.com | 2001 | Raleigh, United States | $801.07M | 66 | Financial reporting and performance management solutions are provided for businesses. | |
| onestreamsoftware.com | 2010 | Rochester, United States | $200M | 688 | Enterprise finance management solutions are provided by OneStream Software. |
Detailed competitors of Strata Decision Technology
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Web traffic of Strata Decision Technology
The website of Strata Decision Technology (syntellis.com) receives about 243K visits a month and ranks #134,186 among all websites worldwide, #307 in Accounting and Auditing.
- Monthly visits243K
▲ 46.9% vs previous month
- Unique visitors54.2K
per month
- Global rank#134,186
among all websites
- Category rank#307
Finance · Accounting and Auditing
- Bounce rate11%
- Pages per visit13.7
- Average visit5 min 43 sec
- DevicesDesktop 19% · Mobile 81%
Websites whose visitors overlap most with Strata Decision Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| amazon.com | 100% | 2.7B | #9 | View details | |
| facebook.com | 97% | 12.1B | #3 | View details |
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Strata Decision Technology (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 Strata Decision Technology
Complete news archive for Strata Decision Technology
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Frequently Asked Questions about Strata Decision Technology
Strata Decision Technology was founded in 1985 and raised its 1st funding round 35 years after it was founded.
Strata Decision Technology is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Strata Decision Technology has 383 employees.
Strata Decision Technology is engaged in delivering financial software, data, and insights to support decision-making and performance across multiple industries. Solutions are offered for healthcare, higher education, and financial institutions, focusing on financial planning, budgeting, forecasting, and analytics. Tools like StrataJazz and Axiom are developed to enhance operational agility and strategic planning. Services are extended to over 2,300 organizations, ensuring a unified platform for decision support and continuous improvement in diverse sectors.
Strata Decision Technology's top competitors include Incorta, OneStream Software and insightsoftware.
Strata Decision Technology offers StrataJazz, Axiom for Healthcare, Axiom for Financial Institutions, and Axiom for Higher Education.
Strata Decision Technology has made 1 acquisition, including Stratasan.
Strata Decision Technology has 4 investors. Key investors include Thoma Bravo, Roper Technologies, Vizient Inc, and Madison Dearborn Partners.
Strata Decision Technology operates through Strata Decision Technology.
Yes. Strata Decision Technology was acquired by Roper Technologies in August 2023.
The website of Strata Decision Technology receives about 243 thousand visits a month and ranks #134,186 among all websites worldwide.