Sofacto SAS
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Sofacto SAS - overview
Established
2013
Location
-, -, France
Primary Industry
Software
About
Based in Mauguio, France, and founded in 2013, Sofacto SAS, a. k. a. Sofacto operates as a developer of an invoicing application in Salesforce to support companies of all sizes in their digital transformation.
The company’s application is designed, developed, and hosted on the Force. com technology base. In January 2022, Billwerk GmbH, a portfolio company of Providence Equity, acquired Sofacto SAS. As of January 2022, Frederi Scotto is the CEO of the company.
The company provides subscription management and recurring billing application built and integrated into the Salesforce lightning platform allowing customers to manage the bill, invoicing subscription, and payment directly within their CRM. The application offers a wide range of features, including simplified and secure daily procedures, management of recurring billing (subscriptions), billing and settlement schedules, management of several trade names and multiple currencies, price revisions, centralized reporting via customizable dashboards, real-time data update, follow-up of invoicing issued and forecast, monitoring of receipts and alerts on outstanding payments, and more. As of January 2022, the application is used by about 165 enterprises in France and their subsidiaries abroad. Sofacto generates revenues from the subscription of its platform packages, which include a finance license (EUR 49 per user per month), and a sales license (EUR 29 per user per month).
Current Investors
Billwerk+ Germany GmbH
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Analytics & Performance Software, Sales & Marketing Software
Website
www.sofacto.com
Verticals
Cloud Computing, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Sofacto SAS - 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 | Completed | Sofacto SAS | - |
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