Strata Decision Technology

Chicago, United States Founded: 1985 • Age: 41 yrs Acquired By Vizient
Financial software and analytics solutions are provided by Strata.
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About Strata Decision Technology

Strata Decision Technology is a company based in Chicago (United States) founded in 1985 was acquired by Vizient in August 2024. It operates as a SaaS (Software-as-a-Service), and Professional Services. The company has 383 employees as of December 31, 2020. Strata Decision Technology has completed 1 acquisition, including Stratasan. Strata Decision Technology offers products and services including StrataJazz, Axiom for Healthcare, Axiom for Financial Institutions, and Axiom for Higher Education. Strata Decision Technology operates in a competitive market with competitors including Incorta, insightsoftware, OneStream Software, Compass and Fluence Technologies, among others.

  • Headquarter Chicago, United States
  • Employees 383 as on 31 Dec, 2020
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Strata Decision Technology
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Thoma Bravo

    & 3 more

  • Employee Count
    383

    as on Dec 31, 2020

  • Investments & Acquisitions
  • Acquired by
    Vizient

    & 1 more

    (Aug 01, 2024)

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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. 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.

Primary

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.

People of Strata Decision Technology
Headcount 200-500
Employee Profiles 25
Employee Profiles
People
Dewayne Hevelone
Senior Business Analyst, Netsuite
People
Joan Lundholm
Sr. Director - Engineering Program Mgmt.
People
Don Scott
CFO
People
Javan Smith
Executive Vice President Of Development

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Funding Insights of Strata Decision Technology

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Unspecified - Strata Decision Technology Valuation MDP , Thoma Bravo
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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.. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward key sectors by MDP.
Founded Year Domain Location
Software and technology-enabled services companies are targeted for investment.
Founded Year Domain Location
Vizient Inc. is engaged in healthcare performance improvement solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Strata Decision Technology

Strata Decision Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Stratasan. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Healthcare market intelligence is delivered through a SaaS platform.
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Strata Decision Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Strata Decision Technology Comparisons

Employees
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Competitors of Strata Decision Technology

Strata Decision Technology 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 Incorta, insightsoftware, OneStream Software, Compass and Fluence Technologies, 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
AI-based business intelligence platform is provided for real-time data analytics.
domain founded_year HQ Location
Financial reporting and performance management solutions are provided for businesses.
domain founded_year HQ Location
Enterprise finance management solutions are provided by OneStream Software.
domain founded_year HQ Location
Realtime benchmarks on e-commerce performance data are delivered via dashboard.
domain founded_year HQ Location
Cloud-based financial data analytics and management solutions are offered.
domain founded_year HQ Location
Cloud-based accounting software is offered for business financial management.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Strata Decision Technology

Frequently Asked Questions about Strata Decision Technology

When was Strata Decision Technology founded?

Strata Decision Technology was founded in 1985 and raised its 1st funding round 35 years after it was founded.

Where is Strata Decision Technology located?

Strata Decision Technology is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

How many employees does Strata Decision Technology have?

As of Dec 31, 2020, the latest employee count at Strata Decision Technology is 383.

What does Strata Decision Technology do?

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.

Who are the top competitors of Strata Decision Technology?

Strata Decision Technology's top competitors include Incorta, OneStream Software and Binocs.

What products or services does Strata Decision Technology offer?

Strata Decision Technology offers StrataJazz, Axiom for Healthcare, Axiom for Financial Institutions, and Axiom for Higher Education.

How many acquisitions has Strata Decision Technology made?

Strata Decision Technology has made 1 acquisition, including Stratasan.

Who are Strata Decision Technology's investors?

Strata Decision Technology has 4 investors. Key investors include Thoma Bravo, Roper Technologies, Vizient Inc., and Madison Dearborn Partners.

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