Preparis, Inc.

Preparis, Inc. provides innovative business continuity software that enables organizations to effectively manage and respond to operational disruptions, ensuring resilience and compliance across various industries. Founded in 2013 and headquartered in Atlanta, US, Preparis, Inc. specializes in business continuity solutions.

The company has successfully completed 8 deals, with its latest funding round in 2023 raising USD 2. 50 mn, equal to the total amount raised to date. Jon Bahl serves as the CEO, leading the company's strategic direction in the continuity planning sector. Preparis delivers a comprehensive suite of business continuity software designed to empower organizations in effectively managing their continuity planning and response strategies.

Their core offerings include the Preparis Platform, which features modules for alerts, planning, incident management, and IT disaster recovery. These solutions enable users to develop, execute, and communicate continuity plans while minimizing risks and ensuring real-time visibility in the face of potential disruptions. The platform is particularly beneficial for operational leaders in various industries such as financial services, healthcare, government, insurance, and manufacturing, providing a unified, cloud-based system for continuity planning. The company's solutions are primarily marketed and sold in North America and Europe, addressing the needs of businesses striving for resilience and compliance amid unforeseen events.

Preparis operates on a subscription-based revenue model, where clients pay for access to its business continuity software products on a recurring basis. The transaction structure involves partnerships with organizations that require robust continuity planning solutions, allowing them to tailor their plans according to specific operational needs. Clients range from individual enterprises to large corporations, benefiting from offerings like the Preparis Alerts and Preparis Incident Manager, which facilitate efficient communication and response during emergencies. While specific pricing plans for these services are not disclosed, the software is positioned to be both accessible and practical for businesses of varying sizes, ensuring that organizations can effectively prepare for and respond to incidents with the support of Preparis’ tools.

Preparis plans to leverage its recent funding of USD 2. 50 mn to enhance its product development, focusing on new functionalities for its existing software tools and expanding the Preparis Platform. The company aims to enter new markets in Asia and enhance its presence in Europe by 2025. This strategic expansion aligns with its goal of providing comprehensive continuity solutions to a broader range of clients, ensuring they are prepared for any disruptions.