Vineyardsoft Corporation

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Vineyardsoft Corporation - overview

Established

1998

Location

Burlington, MA, US

Primary Industry

Software

About

Vineyardsoft Corporation specializes in providing advanced alerts and workflow automation software that enhances organizational knowledge synchronization, improving operational efficiency and decision-making processes. Vineyardsoft Corporation, founded in 1998 and headquartered in Burlington, US, develops innovative software solutions aimed at business activity monitoring. The company was acquired by ECi Software Solutions, Inc. in September 2018.


The founder's previous ventures are not disclosed, focusing instead on the company’s growth and operations in the software industry. KnowledgeSync provides a comprehensive suite of alerts and workflow automation software designed to synchronize knowledge, people, and processes within organizations. The solutions focus on business activity monitoring, enabling clients to leverage business intelligence to stay informed about critical operational metrics and trends. KnowledgeSync addresses various use cases, including enhancing receivables turnaround times and improving operational efficiency.


The client base spans diverse sectors such as manufacturing, distribution, and service industries, with notable customers like Toyo Ink utilizing the software for cost savings and operational improvements. The products are marketed across North America and select European markets, ensuring a broad reach for their innovative solutions. The revenue model for KnowledgeSync is subscription-based, allowing clients to access the software on a recurring basis. Transactions are primarily B2B, where companies subscribe for enhanced monitoring and automation of their business processes.


Pricing structures cater to various business sizes, from small-to-medium enterprises to larger corporations, with the flagship offerings driving revenue through these structured subscriptions. Clients benefit from tailored solutions that align with their operational needs, fostering long-term partnerships that enhance customer retention and satisfaction. Vineyardsoft Corporation plans to leverage the acquisition by ECi Software Solutions to enhance its product offerings and expand into new markets. The company is focused on designing new products that are expected to be launched within the next year.


Additionally, there are strategic plans to penetrate further into European markets by the end of 2023. The funding from the acquisition will be utilized to support these initiatives, enhancing the company's capabilities in delivering effective software solutions.


Current Investors

ECI Software Solutions, Inc.

Primary Industry

Software

Sub Industries

HR & Workforce Software, Analytics & Performance Software

Website

www.vineyardsoft.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Vineyardsoft Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedVineyardsoft Corporation-

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