Crossfuze LLC
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Crossfuze LLC - overview
Established
2000
Location
Buffalo, NY, US
Primary Industry
IT Infrastructure
About
Crossfuze LLC is a premier ServiceNow Elite Partner focused on delivering comprehensive solutions that enhance clients' operational efficiency through rapid implementations and tailored strategies, optimizing their investments in ServiceNow technology. Founded in 2000 and headquartered in Buffalo, US, Crossfuze LLC specializes in ServiceNow solutions. The company underwent a significant shift in ownership in October 2018 when RLJ Equity Partners acquired a majority stake from Inergex, Inc. Chris Howard serves as the CEO, leading the company's expansion and operational strategies.
Crossfuze specializes in delivering comprehensive solutions as a ServiceNow Elite Partner, focusing on optimizing clients' returns on their ServiceNow investments. Their core offerings include a fixed-fee, rapid implementation service that allows organizations to adopt ServiceNow within weeks rather than months, ensuring that business priorities align with the platform's capabilities. Crossfuze provides tailored statements of work, facilitating complex organizational implementations, enhancements, and integrations through innovative workshops that develop strategies and roadmaps. Their solutions cater to a diverse clientele, including CIOs and digital transformation leaders across various sectors, enabling them to harness the full potential of their ServiceNow subscriptions.
The company's services are available in key global markets, targeting enterprises seeking to enhance their operational efficiency and customer service delivery through digital transformation initiatives. Crossfuze generates revenue primarily through fixed-fee implementations and ongoing managed services designed for organizations utilizing ServiceNow. Clients typically engage in B2B transactions, where they pay for tailored implementation packages and additional expertise as needed. This structure allows businesses to invest in specific modules or services such as Revive suite for user adoption and Infuze™ for on-demand expertise.
The pricing strategy aligns with the complexity and scale of the implementation, ensuring that organizations receive value proportional to their investment. As a result, revenue streams are diversified through partnerships and subscriptions, capitalizing on the growing demand for effective digital transformation solutions in the enterprise landscape. Crossfuze plans to leverage its recent funding from the acquisition in October 2018 to enhance its product offerings and expand into new markets. The company is currently developing new tools aimed at further optimizing ServiceNow implementations, with an anticipated launch in the next 12 months.
Additionally, Crossfuze aims to expand its presence in European markets by 2025, targeting enterprises eager to undergo digital transformation initiatives.
Current Investors
RLJ Equity Partners
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure
Website
www.crossfuze.com
Company Stage
Buyout
Total Amount Raised
Subscriber access only
Crossfuze LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Crossfuze LLC | - | ||||||||
| Add-on | Completed | Crossfuze LLC | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.