Sapling Technologies, Inc.
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Sapling Technologies, Inc. - overview
Established
2016
Location
San Francisco, CA, US
Primary Industry
Software
About
Sapling Technologies, Inc. offers innovative software solutions designed to enhance operational efficiency and streamline processes for businesses across various sectors, including finance, healthcare, and logistics. Founded in 2016 and headquartered in San Francisco, US, Sapling Technologies, Inc. specializes in developing advanced software applications for diverse industries.
The company was co-founded by Andy Crebar and Michael Truchard, with Andy Crebar serving as CEO. In January 2021, Sapling Technologies, Inc. was acquired by Kallidus Holdings Limited. The company has successfully completed three deals, with the most recent funding round being a Seed round raising USD 4.
00 mn from investors including Gradient Ventures and Tuesday Capital. The total amount raised by the company is USD 4. 00 mn. Sapling Technologies, Inc.
primarily offers advanced software applications aimed at improving operational efficiency and user engagement. Their flagship product facilitates real-time data analysis and reporting, catering to small to medium-sized enterprises and larger corporations in sectors such as finance, healthcare, and logistics. The solutions provided address specific challenges, including data management and compliance, delivering value to clients across North America, Europe, and Asia. In the most recent fiscal year, Sapling Technologies, Inc.
reported a revenue of USD 18. 49 mn. The company operates through a structured transaction model encompassing subscriptions and direct sales, with annual subscription plans that ensure access to their suite of software solutions and customer support. Their tiered pricing plans cater to various client needs, enhancing market reach and securing recurring revenue streams from their software products.
Looking ahead, Sapling Technologies, Inc. is focused on expanding its product offerings and market presence. Plans include the launch of new software solutions designed to enhance operational capabilities across additional sectors. The company aims to penetrate new geographic markets in Asia and Europe by 2023.
The recent Seed funding round will be utilized to support these initiatives, further driving expansion and product development efforts.
Current Investors
Kallidus Limited, Apse Capital, Tuesday Capital
Primary Industry
Software
Sub Industries
HR & Workforce Software
Website
www.saplinghr.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Sapling Technologies, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Sapling Technologies, Inc. | - |
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