Reflexis Systems, Inc.
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.
Reflexis Systems, Inc. - overview
Established
2001
Location
Dedham, MA, US
Primary Industry
Software
About
Reflexis Systems, Inc. provides advanced workforce optimization solutions that improve operational efficiency in various industries through AI-driven software technology, specifically designed for task management and workforce scheduling. Founded in 2001 in Dedham, US, Reflexis Systems, Inc. specializes in workforce optimization solutions.
The company has undergone strategic transformations but retains its core focus on enhancing workforce efficiency. The founders, Murtaza Ghadyali and Narayana Raghupathy, bring prior entrepreneurial experience to the company. Reflexis was recently involved in a TRADE SALE, raising a total of USD 575. 00 mn with Zebra Technologies Corporation as the latest investor, which aligns with its growth trajectory.
Reflexis Systems offers a comprehensive suite of workforce optimization software, notably the Workcloud Workforce Optimization Suite. This suite utilizes artificial intelligence for smart scheduling, streamlining task management and timekeeping to enhance operational efficiency for clients across diverse sectors such as retail, healthcare, manufacturing, transportation, logistics, and government. The products are marketed globally, addressing specific challenges encountered by businesses in regions including North America, Latin America, Europe, the Middle East, and Asia. Reflexis Systems generates revenue through software sales, subscription agreements, and device management services.
The company's model combines one-time purchases and recurring subscription fees, ensuring a consistent revenue stream as clients engage with the Workcloud Workforce Optimization Suite for ongoing workforce management improvements. Looking ahead, Reflexis Systems plans to expand its offerings by launching new products designed for enhanced workforce management solutions. The company is also targeting market expansion into Asia and Europe by the end of 2024. The funds from the recent TRADE SALE will be utilized to support these growth initiatives, particularly in product development and market entry strategies.
Current Investors
Great Hill Partners, FirstMark Capital, Sageview Capital
Primary Industry
Software
Sub Industries
eMarketing/Digital Marketing, Systems Management Software, Sales & Marketing Software
Website
www.reflexisinc.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Reflexis Systems, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Reflexis Systems, Inc. | - | ||||||||
| Secondary Buyout | Completed | Reflexis Systems, Inc. | - |
Displaying 1 - 2 of 2
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.