Kingland Systems Corporation

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.

Kingland Systems Corporation - overview

Established

1992

Location

Clear Lake, IA, US

Primary Industry

Software

About

Based in the US, Kingland Systems Corporation specializes in cloud-based enterprise software solutions that enhance data integration, management, and compliance for organizations in regulated industries. Founded in 1992 in Clear Lake, US, Kingland Systems Corporation provides software solutions tailored for data management and regulatory compliance in highly regulated sectors. The company has undergone strategic adjustments to better serve its clientele, focusing on enhancing its product offerings and expanding its market reach. David Kingland, the CEO, has a rich history in the software industry, although details about his previous ventures are not available.


In February 2021, ABRY Partners made a minority investment in the company, which is expected to support its growth initiatives. Kingland's core offerings include cloud-based software solutions aimed at improving data integration, management, and compliance for organizations in highly regulated sectors. The Kingland Data Refinery Platform is the flagship product, enabling enterprises to manage complex challenges such as regulatory compliance and independence management. The company's software is utilized by banks, public accounting firms, insurance companies, and regulators, aiming to optimize data use for effective risk management and compliance.


Kingland primarily markets its solutions across North America, Europe, and Asia, addressing the needs of institutions navigating intricate regulatory landscapes. Kingland generates revenue through B2B transactions, primarily utilizing subscription models for its software solutions. Clients engage in contractual agreements that include recurring fees for access to the Kingland Data Refinery Platform and its various services. The pricing structure reflects the unique needs of client organizations, accommodating diverse operational scales and data complexities.


Kingland's client base spans banking, insurance, and public accounting sectors, emphasizing the company's commitment to delivering tailored solutions that enhance operational efficiency and compliance assurance. Looking ahead, Kingland plans to invest in the development of new products designed to enhance its software offerings, although specific release dates are not provided. The company is also targeting expansion into new markets, with particular focus on increasing its presence in Europe and Asia by 2023. The investment from ABRY Partners in February 2021 will be utilized to bolster these initiatives, allowing Kingland to enhance its product development and grow its workforce, thereby supporting its ongoing expansion strategy.


Current Investors

Abry Partners

Primary Industry

Software

Sub Industries

Accounting/Finance Software, Analytics & Performance Software, Monitoring & Security Software

Website

www.kingland.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Kingland Systems Corporation - 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)
GrowthCompletedKingland Systems Corporation-

Displaying 1 - 1 of 1

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.