When was Acumatica founded?

Acumatica was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Where is Acumatica located?

Acumatica is headquartered in Kirkland, United States. It is registered at Bellevue, Washington.

How many employees does Acumatica have?

As of Aug 31, 2026, the latest employee count at Acumatica is 812.

Is Acumatica a funded company?

Acumatica is a funded company, having raised a total of $48.3M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 06, 2009.

When was the latest funding round of Acumatica?

Acumatica's latest funding was a $***** Series C round on Jun 18, 2018, with participation from 1 investor.

Where does Acumatica rank among its competitors?

Acumatica ranks 8th amongst 4089 active competitors, of which 76 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Oracle, which secured $77.8M in Feb, 2025.

Who are the top competitors of Acumatica?

Acumatica's top competitors include Workday, Oracle and SAP. Among them, Oracle secured the most recent funding round in February, 2025.

Acumatica - 2026 Company Profile, Team, Funding & Competitors

Acumatica is an acquired company based in Kirkland (United States), founded in 2008 by Mike Chtchelkonogov. It operates as a Provider of cloud enterprise resource planning software for business management. Acumatica has raised $48.3M in funding from Accel-KKR. The company has 4089 active competitors, including 76 funded and 178 that have exited. Its top competitors include companies like Workday, Oracle and SAP.

Company Details

Provider of cloud enterprise resource planning software for business management. The software provides financial, construction, distribution, manufacturing, and retail management. It also includes professional services, inventory, field service, and order management. The platform offers warehouse management, artificial intelligence, multi-entity accounting, project accounting, payments, CRM, payroll, reporting, commerce connectors, and point-of-sale capabilities.

Website: www.acumatica.com/
Social
Email ID: *****@acumatica.com
Phone Number: +1 **********
Registered Address: Bellevue, Washington

Key Metrics

Founded Year

2008

Location

Kirkland, United States

Stage

Acquired

Total Funding

$48.3M in 5 rounds

Latest Funding Round

Series C, Jun 18, 2018, $*****

Investors

Accel-KKR & 6 more

Ranked

8^th among 4089 active competitors

Employee Count

812 as on Aug 31, 2026

Investment & Acquisitions

Vertrax & 3 more

Similar Companies

Workday & 4445 more

Exit Details

Acquired by Vista Equity Partners (May 29, 2025)

View Acumatica's full profile

Acumatica is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Acumatica, Inc. CIN: 20201661110 , United States, Active	Jul 30, 2020	-	-	-
ACUMATICA, INC. CIN: 263224552 , United States, Active	Dec 26, 999	-	224 (As on Dec 31, 2024)	-

Acumatica got acquired by Vista Equity Partners on May 29, 2025.

Click here to take a look at Acumatica's acquisition in detail

Acumatica has raised a total funding of $48.3M over 5 rounds. Its first funding round was on Nov 06, 2009. Its latest funding round was a Series C round on Jun 18, 2018 for $*****. 1 investor participated in its latest round. Acumatica has 7 institutional investors.

Here is the list of recent funding rounds of Acumatica:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 18, 2018	9401058	Series C	1881536	5245341	5757459	3842485
Oct 21, 2014	7658051	Series C	6630075	9859406	1705236	MYOB & 3 more
Nov 18, 2013	2696273	Series C	5831708	2346489	2366039	Runa Capital & 1 more

Access funding benchmarks and valuations. Sign up today!

View details of Acumatica's funding rounds and investors

The founders of Acumatica is Mike Chtchelkonogov.

Here are the details of Acumatica's key team members:

Mike Chtchelkonogov: Co-Founder of Acumatica.

View details of Acumatica's Founder profiles and Board Members

Acumatica's employee count trend

Acumatica has 812 employees as of Aug 26. Here is Acumatica's employee count trend over the years:

Uncover Acumatica's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Acumatica include Workday, Oracle and SAP. Here is the list of Top 10 competitors of Acumatica, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, T. Rowe Price & 11 others	88/100
2nd	Oracle 1977, Austin (United States), Public	Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management	-	rifvc.com, Glynn Capital & 32 others	83/100
3rd	SAP 1972, Walldorf (Germany), Public	Provider of business applications, technology, and cloud enterprise resource planning	-	Elliott Management, Triodos Investment Management ... & 11 others	81/100
4th	Infor 2002, New York City (United States), Acquired	Cloud based ERP software for multi industries	$1.52B	LC Waikiki, Maxam Capital & 18 others	79/100
5th	Deltek 1983, Herndon (United States), Acquired	Cloud based enterprise resource planning software provider for multi industries	$107M	New Mountain Capital, Prospect Capital & 3 others	77/100
6th	Zoho 1996, Chennai (India), Unfunded	Provider of cloud-based business software suite for diverse operational requirements	-	-	76/100
7th	TOTVS 1983, Sao Paulo (Brazil), Acquired	ERP solution for range of industries and companies	-	CPP Investments, Venture Partners do Brasil ... & 1 others	75/100
8th	Acumatica 2008, Kirkland (United States), Acquired	Provider of cloud enterprise resource planning software for business management	$48.3M	Almaz Capital, eBridge Ventures & 5 others	74/100
9th	Odoo 2005, Louvain-la-neuve (Belgium), Series E	Developer of open-source enterprise resource planning and customer relationship management	$483M	Summit Partners, Sofinnova Partners & 10 others	71/100
10th	TeamSystem Pesaro (Italy), Acquired	Developer of software solutions for business management and payroll processing	-	HgCapital Trust, Silver Lake & 4 others	71/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Acumatica's competitors? Click here to see the top ones

Acumatica has not made any investments yet. Acumatica has made 4 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 14, 2026	Acquisition	Vertrax	2001	New Haven (United States)
Feb 19, 2026	Acquisition	CoreChain	2019	New Haven (United States)
Jan 24, 2022	Acquisition	Integrated Business Systems	1979	Totowa (United States)