Aurotech, Inc.
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Aurotech, Inc. - overview
Established
2006
Location
-, MD, US
Primary Industry
Software
About
Aurotech, Inc. is a technology solutions provider focused on enhancing operational efficiency and user experience through innovative software applications and analytics services across various sectors. Founded in 2006 in the United States, Aurotech, Inc. specializes in technology solutions for small to medium-sized enterprises.
The company was acquired by Digital Management, LLC, a portfolio company of OceanSound Partners, in April 2022. This acquisition aims to enhance Aurotech's technical capabilities and expand its customer base. Aurotech, Inc. specializes in delivering innovative technology solutions that enhance operational efficiency and user experience.
Their core product offerings include cloud-based software applications for data management, collaboration tools for streamlined communication, and advanced analytics services providing actionable insights. These services cater primarily to small to medium-sized enterprises in healthcare, finance, and retail sectors, addressing challenges such as data accessibility and workflow optimization. Since inception, their products have reached markets across North America, Europe, and parts of Asia, empowering businesses to leverage technology for improved performance. Aurotech, Inc.
generates revenue through subscription-based models and direct software sales. Customers typically engage via annual or monthly subscriptions, which grant access to a suite of services including ongoing support and updates. The company also forms partnerships with retailers and wholesalers to enhance distribution and market penetration, fostering long-term client relationships and ensuring a steady income stream through tailored flagship products. Following the acquisition by Digital Management, LLC in April 2022, Aurotech, Inc.
aims to integrate transformation services into its offerings, deepening its capabilities in data and analytics. The company is focused on expanding its footprint in new geographical markets while leveraging the acquisition to broaden its customer base. Future initiatives include launching new products designed to enhance technology solutions for clients, with specific markets targeted for expansion detailed in strategic planning sessions.
Current Investors
OceanSound Partners, Digital Management, LLC
Primary Industry
Software
Sub Industries
Consulting Services, Healthcare IT, IT Infrastructure, IT Security/Cybersecurity, Systems Management Software, Monitoring & Security Software, Engineering Software, Content Management Software, Analytics & Performance Software
Website
www.aurotechcorp.com
Verticals
Cloud Computing, HealthTech, Research (Non-Medical)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Aurotech, Inc. - deals
| Deals Type | 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Aurotech, Inc. | - | ||||||||
| Buyout | Completed | Aurotech, Inc. | - |
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