FortyAU, 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.

FortyAU, LLC - overview

Established

2010

Location

Nashville, TN, US

Primary Industry

Outsourcing

About

FortyAU, based in the US, offers software and AI services designed to tackle complex challenges in healthcare and financial services, enhancing operational efficiency and decision-making processes. Founded in 2010, FortyAU specializes in software solutions for regulated sectors. The company is based in Nashville, US and has successfully completed one deal with ASH Investment Partners investing in December 2024. The founder has not been specified, nor are there any mentioned subsidiaries or parent companies.


FortyAU specializes in delivering innovative software and AI services tailored to address complex challenges faced by sectors such as healthcare and financial services. Their core offerings encompass custom software engineering, data and AI solutions, as well as cloud and DevOps services. These products are designed to facilitate intelligent decision-making, enhance operational efficiency, and improve user satisfaction within highly regulated environments. The company focuses on creating scalable, secure, and high-performance digital solutions, including applications like AI-powered nurse handoff systems and comprehensive enterprise software.


Their client base includes prominent organizations across the United States, such as healthcare providers and financial institutions, with specific services tailored to meet the needs of these sectors. FortyAU generates revenue through a B2B model, primarily offering subscription-based services and project-based engagements to its clients. Their pricing structure is aligned with the complexity and scope of the services provided, which include flagship products such as AI integration and cloud application development. Revenue is derived from direct contracts with clients in the healthcare and financial sectors, where projects are often initiated based on strategic needs identified by the client.


The company emphasizes long-term partnerships, ensuring continuity of service and deep understanding of client operations, which is critical in the delivery of their technical solutions. In December 2024, ASH Investment Partners invested in FortyAU, LLC, enabling the company to scale its digital services capabilities and expand growth across healthcare and other regulated end markets. The investment will support the development of new products and the exploration of additional markets.


Current Investors

ASH Investment Partners

Primary Industry

Outsourcing

Sub Industries

Consulting Services, Offshore IT Services/IT Outsourcing

Website

https://fortyau.com/

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

FortyAU, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedRonin Consulting, LLC-
GrowthCompletedFortyAU, LLC-

Displaying 1 - 2 of 2

GoingPro

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.