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 Mar 31, 2026, the latest employee count at Acumatica is 718.

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. Its primary sector is Enterprise Resource Planning. In United States, the Enterprise Resource Planning sector has seen $95M in funding in 2026 to date.

Where does Acumatica rank among its competitors?

Acumatica ranks 9th amongst 3494 active competitors, of which 64 are funded. It stands 6th 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, SAP and Oracle. 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 John Howell and 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 3494 active competitors, including 64 funded and 150 that have exited. Its top competitors include companies like Workday, SAP and Oracle.

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

9^th among 3494 active competitors

Employee Count

718 as on Mar 31, 2026

Investment & Acquisitions

CoreChain & 2 more

Similar Companies

Workday & 3955 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	7038848	Series C	8298019	7601107	3484625	6577937
Oct 21, 2014	6136685	Series C	5039653	4633912	1597145	MYOB & 3 more
Nov 18, 2013	5440304	Series C	9620961	8987620	9382076	Runa Capital & 1 more

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View details of Acumatica's funding rounds and investors

The founders of Acumatica are John Howell and Mike Chtchelkonogov.

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

John Howell: Co-Founder of Acumatica.
Mike Chtchelkonogov: Co-Founder of Acumatica.

View details of Acumatica's Founder profiles and Board Members

Acumatica's employee count trend

Acumatica has 718 employees as of Mar 26. Here is Acumatica's employee count trend over the years:

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Top competitors of Acumatica include Workday, SAP and Oracle. 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, Bezos Expeditions & 10 others	88/100
2nd	SAP 1972, Germany, Public	Provider of business applications, technology, and cloud enterprise resource planning	-	Herald Investment Management, Elliott Management ... & 9 others	83/100
3rd	Oracle 1977, Austin (United States), Public	Hybrid cloud infrastructure platform	-	EGI Booster, rifvc.com & 32 others	83/100
4th	The Access Group 1991, Loughborough (United Kingdom), Acquired	Developer of business management software for finance human resources payroll	$1.49B	Hg, Lyceum Capital & 20 others	82/100
5th	Deltek 1983, Herndon (United States), Acquired	Cloud based enterprise resource planning software provider for multi industries	$107M	Prospect Capital, WP Global Partners & 3 others	81/100
6th	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
7th	Zoho 1996, Chennai (India), Unfunded	Provider of cloud-based business software suite for diverse operational requirements	-	-	76/100
8th	TOTVS 1983, Sao Paulo (Brazil), Acquired	ERP solution for range of industries and companies	-	CPP Investments, Venture Partners do Brasil ... & 1 others	75/100
9th	Acumatica 2008, Kirkland (United States), Acquired	Provider of cloud enterprise resource planning software for business management	$48.3M	Almaz Capital, Larry-Carter & 5 others	74/100
10th	Odoo 2005, Louvain-la-neuve (Belgium), Series E	Developer of open-source enterprise resource planning and customer relationship management	$483M	Sofinnova Partners, Summit Partners & 10 others	71/100

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Acumatica has acquired 3 companies including CoreChain, Integrated Business Systems and JAAS Systems. Acumatica has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 19, 2026	Acquisition	CoreChain	2019	New Haven (United States)
Jan 24, 2022	Acquisition	Integrated Business Systems	1979	Totowa (United States)
Feb 07, 2020	Acquisition	JAAS Systems	1999	Westerville (United States)