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Acumatica history
Acumatica company history timeline
Acumatica launched its first product, Acumatica ERP, in November 2008, alongside an accompanying financial demo.
In early 2009, Ali Jani (VP Partner Strategy, Product Management, and Services) joined the team with his extensive ERP experience.
The firm's distribution software came a year later in April 2010.
In September 2011, Acumatica received an investment from Visma.
In fact, our first OEM vendor, JAMIS Software, joined in 2011.
So in 2013, vendors began to expand mobile applications for increased functionality.
Ali says, “Jon Roskill joined in 2014.
In 2014, Gartner coined the term "postmodern ERP" to describe integrated ERP suites consisting of applications from different vendors.
In the fall of 2014, it released the beta version of its new suite, Acumatica 5.0.
In June 2018, the firm secured a $25 million Series C round of funding led by Accel-KKR, a Silicon Valley technology-focused investment firm.
With Acumatica Summit 2018 just getting underway, our customers and partners are looking forward to a week of exciting product news, networking, and fun.
In June 2019, private equity fund EQT Partners acquired Acumatica.
In December, Acumatica announced a partnership with accounting and advisory firm BDO USA and, in April 2020, it acquired JAAS Advanced Manufacturing Software from JAAS Systems.
In January 2022, Acumatica acquired IBS Imperium, a property management application.
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Acumatica competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Coupa Software | 2006 | $725.3M | 3,000 | 28 |
| Epicor | 1972 | $900.0M | 3,900 | 9 |
| Citrix | 1989 | $3.2B | 9,000 | 6 |
| Informatica | 1993 | $1.6B | 5,249 | 5 |
| Marketo | 2006 | $209.9M | 949 | - |
| Qualys | 1999 | $607.6M | 1,501 | 84 |
| NetSuite | 1998 | $53.0B | 4,603 | - |
| Plex Systems | 1995 | $40.0M | 750 | - |
| BQE Software | 1995 | $2.7M | 50 | - |
| SproutLoud | 2005 | $12.0M | 207 | - |
Acumatica history FAQs
Zippia gives an in-depth look into the details of Acumatica, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Acumatica. The employee data is based on information from people who have self-reported their past or current employments at Acumatica. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Acumatica. The data presented on this page does not represent the view of Acumatica and its employees or that of Zippia.
Acumatica may also be known as or be related to Acumatica, Acumatica, INC. and Acumatica, Inc.