When was ERPNext founded?

ERPNext was founded in 2008 and raised its 1st funding round 12 years after it was founded.

Where is ERPNext located?

ERPNext is headquartered in Mumbai, India. It is registered at D/324, Neelkanth Business Park, Next to Vidyavihar Railway Station, Vidy, avihar (W), Mumbai, Maharashtra, India, 400086.

Who is the current CEO of ERPNext?

Rushabh Mehta of ERPNext. They have also founded 3 companies.

Which legal entities is ERPNext associated with?

ERPNext is associated with Frappe Technologies Private Limited.

How many employees does ERPNext have?

As of Aug 31, 2025, the latest employee count at ERPNext is 59.

Is ERPNext a funded company?

ERPNext is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Nov 23, 2020.

How much is ERPNext worth?

The latest valuation of ERPNext is $***** as of Dec 04, 2020.

When was the latest funding round of ERPNext?

ERPNext's latest funding was a $***** Seed round on Nov 23, 2020, with participation from 1 investor.

What is the annual revenue of ERPNext?

Annual revenue of ERPNext is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does ERPNext rank among its competitors?

ERPNext ranks 213th amongst 7477 active competitors, of which 408 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Pennylane, which secured $205M in Jan, 2026.

Who are the top competitors of ERPNext?

ERPNext's top competitors include Salesforce, HubSpot and Freshworks. Among them, Pennylane secured the most recent funding round in January, 2026.

ERPNext - 2026 Company Profile, Team, Funding, Competitors & Financials

ERPNext is a seed company based in Mumbai (India), founded in 2008 by Rushabh Mehta. It operates as a Developer of open source enterprise resource planning software for businesses. ERPNext has raised $1.35M in funding from Rainmatter, with a current valuation of $*****. The company has 7477 active competitors, including 408 funded and 301 that have exited. Its top competitors include companies like Salesforce, HubSpot and Freshworks.

Company Details

Developer of open source enterprise resource planning software for businesses. This solution provides integrated modules for accounting, procurement, sales, inventory, manufacturing, and human resources. It utilizes a modular architecture that allows organizations to manage operations through a centralized system. The software supports customization through low-code and no-code tools, enabling users to modify workflows, reports, and dashboards to meet specific operational requirements. It functions as a comprehensive platform for managing business processes, including project tracking, quality assurance, and customer support. The system is designed for deployment on cloud infrastructure, facilitating access across multiple devices. It offers granular permission controls and supports integration with external applications via an application programming interface. By providing a unified framework, the software assists organizations in maintaining data consistency and improving operational visibility across various departments.

Website: erpnext.com
Social
Email ID: *****@erpnext.com
Part Of
Registered Address: D/324, Neelkanth Business Park, Next to Vidyavihar Railway Station, Vidy, avihar (W), Mumbai, Maharashtra, India, 400086

Key Metrics

Founded Year

2008

Location

Mumbai, India

Stage

Seed

Total Funding

$1.35M in 1 round

Latest Funding Round

Seed, Nov 23, 2020, $*****

Post Money Valuation

$***** as on Dec 04, 2020

Investors

Rainmatter

Ranked

213^th among 7477 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

59 as on Aug 31, 2025

Similar Companies

Odoo & 132 more

View ERPNext's full profile

ERPNext is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Frappe Technologies Private Limited CIN: U72300MH2008PTC184937 , India, Active	Jul 22, 2008	₹10 - ₹50 Cr (As on Mar 31, 2025)	65 (As on May 01, 2026)

ERPNext has raised a total funding of $1.35M over 1 round. Its latest funding round was a Seed round on Nov 23, 2020 for $*****. 1 investor participated in its latest round. ERPNext has 1 institutional investor.

Here is the list of recent funding rounds of ERPNext:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 23, 2020	1624942	Seed	9945163	6527094	2196140	8239543

Access funding benchmarks and valuations. Sign up today!

View details of ERPNext's funding rounds and investors

The founders of ERPNext is Rushabh Mehta. Rushabh Mehta is the CEO of ERPNext.

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

Rushabh Mehta: Co-Founder & CEO of ERPNext and founder of 5 other companies, including Frappe HR, ERPNext and Frappe Health. They serve on the board of 1 company.
Contact Info: 3 email addresses

ERPNext's Board of Directors

ERPNext's board has 2 active members. Rushabh Mehta is part of team and Amit Rameshchandra Mehta is independent board member.

Here is the list of ERPNext's board of directors:

Name	Type	Representing	Status	Duration
Rushabh Mehta	Team	-	Current	18y 1m
zymrwfz	Investor	-	Past	7y 2m
Amit Rameshchandra Mehta	Independent board member	-	Current	18y 1m

View details of ERPNext's Founder profiles and Board Members

ERPNext's employee count trend

ERPNext has 59 employees as of Aug 25. The total employee count is 69.0% more than what it was in Aug 24. Here is ERPNext's employee count trend over the years:

Uncover ERPNext'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 ERPNext include Salesforce, HubSpot and Freshworks. Here is the list of Top 10 competitors of ERPNext, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Salesforce 1999, San Francisco (United States), Public	Provider of a platform delivering customer relationship management and cloud solutions	$52M	Emergence Capital, Hambrecht Capital & 37 others	87/100
2nd	HubSpot 2005, Cambridge (United States), Public	Provider of a platform offering marketing, sales, and customer service software	$101M	Cross Creek, Sequoia Capital & 22 others	87/100
3rd	Freshworks 2010, Chennai (India), Public	Provider of IT service management and customer support solutions	$400M	Accel, Tiger Global Management & 9 others	84/100
4th	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Alcor Fund, Benchmark & 25 others	83/100
5th	Visma 1996, Oslo (Norway), Acquired	Developer of cloud software for business management and accounting tasks	$198M	GIC, General Atlantic & 27 others	82/100
6th	The Access Group 1991, Loughborough (United Kingdom), Late Stage	Developer of cloud software for payroll and human resources management	$1.49B	Lyceum Capital, Hg & 23 others	81/100
7th	Pennylane 2020, Paris (France), Series E	Cloud-based financial management and accounting software platform	$442M	Sequoia Capital, DST Global & 9 others	78/100
8th	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
9th	SpotOn 1999, San Francisco (United States), Series F	Provider of point of sale systems and restaurant management software	$923M	Andreessen Horowitz, Dragoneer Investment Group ... & 17 others	77/100
10th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	77/100
213th	ERPNext 2008, Mumbai (India), Seed	Developer of open source enterprise resource planning software for businesses	$1.35M	Rainmatter	44/100