Autotask Corporation

Autotask Corporation provides integrated IT business management solutions designed to streamline operations for managed service providers (MSPs) and IT teams, enhancing efficiency and productivity across various sectors. Autotask Corporation, founded in 2001, is based in East Greenbush, US, and specializes in IT business management solutions. The company was acquired by Vista Equity Partners in June 2014 for undisclosed financial terms. Autotask has established itself with a valuation of USD 31.

58 mn and raised USD 2. 00 mn in its latest funding round, Series C, which was supported by investors FA Technology Ventures and JMI Equity. Throughout its history, the firm has engaged in a total of four investment deals. Autotask Corporation specializes in providing comprehensive IT solutions that empower managed service providers (MSPs) and IT teams.

Its primary offerings include professional services automation tools that unify various IT operations, enhancing efficiency. The company’s flagship product is Autotask, which streamlines business processes for IT professionals. Autotask’s solutions are utilized across various sectors including healthcare, finance, and education, supporting clients in North America, Europe, and Australia. Autotask Corporation generates revenue primarily through subscription-based models and partnerships with managed service providers.

Clients engage through multi-year contracts that include diverse services like professional services automation and IT management solutions. This structured pricing model enables Autotask to cater to both small businesses and larger enterprises, ensuring a consistent revenue stream to support continuous innovation. As part of its future growth strategy, Autotask Corporation plans to enhance its product offerings and expand into new geographic markets. The company is working on launching new features for its Autotask platform aimed at improving operational efficiency for clients.

Additionally, the recent investment from Series C funding in June 2014 will be utilized to support these initiatives and bolster its presence in existing markets. The firm is strategically targeting expansion in Europe and Australia by 2016 to capitalize on the growing demand for its solutions.