Found Software, Inc.

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Found Software, Inc. - overview

Location

San Francisco, CA-California, US

Primary Industry

Software

About

Found Software, Inc. develops innovative software solutions that enhance productivity by optimizing business workflows. Their cloud-based platform integrates project management and team collaboration tools tailored for diverse industries, particularly small to medium-sized enterprises. Found Software, Inc.


provides a suite of software designed to improve business operations. The company was acquired by YouSendIt, Inc. on January 15, 2013. The acquisition involved financial details that remain undisclosed.


Founded in San Francisco, US, Found Software has gained traction for its effective solutions tailored to meet the needs of its clients. The founder's previous entrepreneurial background is not publicly documented. Foundapp specializes in a suite of innovative software solutions aimed at optimizing business workflows and enhancing productivity for its users. The company’s flagship product offers a cloud-based platform that integrates project management, team collaboration, and resource allocation tools, designed to address the challenges companies face in managing projects efficiently.


Released in recent years, these tools cater to a diverse client base, including small to medium-sized enterprises across sectors such as technology, marketing, and manufacturing. Foundapp’s solutions are particularly valuable for teams seeking to streamline communication and task management, thereby improving overall operational efficiency. The company distributes its products primarily in North America and Europe, focusing on markets that prioritize digital transformation and agile methodologies. The revenue model of Foundapp is structured around a subscription-based service, allowing clients to choose from various pricing tiers based on the features and number of users required.


This transactional framework facilitates a recurring revenue stream, which is essential for sustaining the company’s growth. Clients typically engage with the platform through annual or monthly subscriptions, with options designed to scale according to the needs of individual businesses. Foundapp’s unique offerings, including enhanced analytics and customizable workflows, differentiate its products in a competitive landscape, appealing to users who prioritize flexibility and data-driven insights. This structured approach to pricing ensures that clients receive ongoing support and updates, fostering long-term relationships and client retention.


Found Software, Inc. plans to leverage recent developments to enhance its product offerings and expand its market presence. The company is currently designing new products, although specific release dates are not disclosed. Found Software aims to enter additional European markets to capitalize on growing digital transformation trends.


The recent acquisition by YouSendIt, Inc. is expected to provide the necessary resources to support these initiatives, enhancing product development and market expansion efforts.


Current Investors

Hightail, Inc.

Primary Industry

Software

Sub Industries

Content Management Software

Website

www.foundapp.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Found Software, Inc. - 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-onCompletedFound Software, Inc.-

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Found Software, Inc. - employee data

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