Netgain Solutions, Inc.
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Netgain Solutions, Inc. - overview
Established
2018
Location
Englewood, CO, US
Primary Industry
Software
About
Founded in 2018 and based in Colorado, US, Netgain Solutions, Inc. engages in providing accounting and automation software solutions, allowing user clients to participate in the day-to-day process of loan and asset management. Adam Riches and Nathan Smart are the co-founders of the company. In April 2024, Summit Partners invested USD 35 million in Netgain Solutions, Inc.
The company also has a presence in Utah, US. The company provides a portfolio of products, including NetLease, a comprehensive solution designed to simplify lease accounting and ensure compliance with ASC 842 standards. NetLease streamlines lease management processes, providing options for integration with NetSuite or as a standalone software application. In addition, Netgain offers a range of other products to address various accounting needs, including NetClose, which, for instance, automates task management and reconciliations to streamline the financial close process; NetLoan automates principal and interest accounting throughout the lifecycle of loans; and NetAsset facilitates the management of fixed assets and supports the tracking of rentals.
The firm’s partners include EY, Deloitte, Avalara, Berlitz, Goodwill, Tivo, and others. The April 2024 investment helps the organization to expand and enhance its accounting software platform and solutions.
Current Investors
Summit Partners
Primary Industry
Software
Sub Industries
Application Integration Software, Analytics & Performance Software, Accounting/Finance Software
Website
www.netgain.tech/
Verticals
Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Netgain Solutions, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Netgain Solutions, Inc. | - |
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Netgain Solutions, Inc. - employee data
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