Zone & Company Software Consulting LLC
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Zone & Company Software Consulting LLC - overview
Established
2013
Location
Boston, MA, US
Primary Industry
Software
About
Zone & Company specializes in cloud-based financial operations solutions that enhance the efficiency and accuracy of billing, accounts payable automation, payroll, and reporting for businesses around the globe. Zone & Company Software Consulting LLC was founded in 2013 and is headquartered in Boston, US. The company offers cloud-based solutions focused on financial operations. The founders include Derek Zanga, Errol Fagone, and Josh LaSov, with Julian Marin and Thomas Kim serving as CEOs.
In October 2021, Zone & Company raised USD 76 mn in a GROWTH funding round led by Insight Partners, bringing the total amount raised to USD 76 mn. The company has completed one deal to date. Zone & Company specializes in providing cloud-based financial operations solutions designed to enhance the efficiency and accuracy of billing, accounts payable automation, payroll, and advanced reporting. Their core product offerings include ZoneBilling, ZonePayroll, and AP Automation, all seamlessly integrating with NetSuite’s cloud ERP environment.
These products enable organizations to streamline their financial operations, centralizing lead-to-revenue processes and payroll management into a single platform that enhances visibility and control over financial workflows. Zone & Company serves over 3,000 clients across various sectors including finance, technology, and retail, targeting markets in North America, Europe, and Asia-Pacific. Zone & Company generates revenue primarily through subscription-based models for its software products, including ZoneBilling and ZonePayroll. Clients enter into annual or monthly subscription agreements, gaining access to a suite of financial automation tools.
The pricing structure accommodates various organizational sizes and needs, allowing both large enterprises and small to mid-sized businesses to leverage these solutions. The transactions are characterized by B2B arrangements, enhancing operational efficiency and improving financial visibility for clients. As a SuiteCloud Developer Network Partner, Zone & Company focuses on maximizing client investments in NetSuite, ensuring ongoing support and integration services that improve customer satisfaction and retention. In October 2021, a consortium led by Insight Partners invested USD 76 mn in Zone & Company Software Consulting LLC to expand its platform capabilities and global business.
The company plans to enhance its product offerings further, although specific upcoming products and their release dates have not been disclosed. Zone & Company is focused on expanding into new geographic regions, specifically targeting emerging markets in Europe and Asia by the end of 2023. The recent funding will support these initiatives, allowing for increased investment in product development and market expansion efforts.
Current Investors
Insight Partners
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Analytics & Performance Software, Systems Management Software
Website
www.zoneandco.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Zone & Company Software Consulting LLC - 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, Corporate Carve Out, Trade Sale | Completed | Staria Flow | - | ||||||||
| Add-on | Completed | Solution 7 Limited | - | ||||||||
| Add-on | Completed | Infinet Cloud Solutions Pty Ltd | - | ||||||||
| Add-on | Completed | Fast Four Group B.V. | - | ||||||||
| Growth | Completed | Zone & Company Software Consulting LLC | - |
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