Accusystems, LLC Asset Profile

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Year established

2003

Location

Pueblo CO US

Primary Industry

Software

About

Based in Colorado, US, and founded in 2003, Accusystems, LLC, is a developer of software solutions used for bank document management and imaging services that reduce risk and increase efficiency. In October 2022, Alogent Corporation, a portfolio company of Battery Ventures, acquired Accusystems, LLC. As of 2022, the company is led by its President, Alan Wooldridge, and offers services to more than 15,000 bankers. The company offers various banking and document solutions that include customized document schedules, exception management, and reporting, missing document tracking, expiring document tracking, policy tracking, task tracking, exception comments, notice automation, document retention (purge), customer imaging, loan imaging, deposit imaging, trust imaging, document thumbnail view, audit export, desktop scanning, network scanning, document sharing, dynamic reporting, and many more. The company also provides training, support, and implementation services. The company generates revenue by selling various plans that vary as Track, Plus, Pro, and Enterprise.

Current Investors

Alogent Corporation

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Primary Industry

Software

Sub Industries

Accounting/Finance Software, Systems Management Software

Website

www.accusystem.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Accusystems, LLC	11 Oct 2022

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