Elite - About the company
Elite is an acquired company based in Culver City (United States), founded in 1980. It operates as a Provider of financial, time, invoice, and data management software solutions. The company has 884 active competitors, including 35 funded and 60 that have exited. Its top competitors include companies like Clio, Thomson Reuters and Filevine.
Company Details
Provider of financial, time, invoice, and data management software solutions. The business offers a platform designed to streamline workflows and improve operational effectiveness. The software aims to provide visibility across business operations. The business provides solutions for financial and accounting operations, including billing, invoicing, payments, and financial reporting.
- Website
- www.elite.com/
Key Metrics
Founded Year
1980
Location
Culver City, United States
Stage
Acquired
Ranked
10th among 884 active competitors
Employee Count
1,031 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Francisco Partners (Aug 05, 2025)
Elite's acquisition details
Elite got acquired by Francisco Partners on Aug 05, 2025.
Click here to take a look at Elite's acquisition in detail
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Elite's funding and investors
Elite has not raised any funding rounds yet.
Elite's founders and board of directors
Founder? Claim ProfileElite's employee count trend
Elite has 1,031 employees as of Sep 26. Here is Elite's employee count trend over the years:
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Elite's Competitors and alternates
Top competitors of Elite include Clio, Thomson Reuters and Filevine. Here is the list of Top 10 competitors of Elite, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering legal practice management software | $1.79B | 80/100 | ||
2nd | Thomson Reuters 2008, Toronto (Canada), Public | Cloud based legal enterprise management and data services for businesses | - | 75/100 | |
3rd | Filevine 2014, Provo (United States), Series E | Provider of legal practice management software with integrated AI capabilities | $548M | 67/100 | |
4th | Mitratech 1987, Austin (United States), Acquired | Provider of solutions for third party risk management to banks | - | 65/100 | |
5th | Litify 2016, New York City (United States), Acquired | Cloud based enterprise legal management software | $78.6M | 65/100 | |
6th | Elevate 2011, Milpitas (United States), Series A | Legal enterprise management platform | $29.4M | 64/100 | |
7th | Dye & Durham Corp. 1874, New Westminster (Canada), Public | Developer of software for legal practice management and financial transactions | $25M | - | 63/100 |
8th | Eve 2020, San Francisco (United States), Series B | Developer of AI legal software for plaintiff law firms | $164M | 62/100 | |
9th | Developer of software identifying legal risks from public data sources | $63M | 61/100 | ||
10th | Elite 1980, Culver City (United States), Acquired | Provider of financial, time, invoice, and data management software solutions | - | - | 60/100 |
Looking for more details on Elite's competitors? Click here to see the top ones
Elite's Investments and acquisitions
Elite has acquired Tranch. Elite has not made any investments as of now.Reports related to Elite
Here is the latest report on Elite's sector:
News related to Elite
Media has covered Elite for a total of 8 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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Elite Cloud Customers to Outnumber On-Premises for the First Time in Company History as Law Firms Build for AIAiThority•Aug 17, 2026•Elite
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Elite Robots Partners with Generalist AI for Next-Gen Embodied AI DevelopmentRoboticstomorrow•Jul 21, 2026•Elite
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Elite Unveils Cloud-Only Updates Aimed at Ending Friction in Law Firm Financial OperationsBusiness Wire•Feb 24, 2026•Elite
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ELITe JV awards contract to Toyo for Infinite Loop™ IndiaThe Tribune•Dec 19, 2025•Elite, Toyo Engineering Corporation
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Elite and Slope Partner to Provide AI-Powered "Pay Later" in LegalBusiness Wire•Oct 29, 2025•Slope, Elite
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OHA Arranges Financing for Francisco Partners' Acquisition of EliteBenzinga•Sep 30, 2025•Francisco Partners, Oak Hill Advisors, Elite, Accusol
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Francisco Partners to Acquire Elite, a Financial Management Platform for Larger Law FirmsLawnext•Aug 05, 2025•Francisco Partners, Elite, TPG, Thomson Reuters and 1 other
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Elite's new AI tool, Elite Validate™, streamlines law firm billing processes.Business Wire•Feb 11, 2025•Elite
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Elite's new AI tool, Elite Validate™, streamlines law firm billing.Financial Post•Feb 11, 2025•Elite
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