When was IgniteTech founded?

IgniteTech was founded in 1998 and raised its 1st funding round 2 years after it was founded.

Where is IgniteTech located?

IgniteTech is headquartered in Austin, United States.

Who is the current CEO of IgniteTech?

Eric Vaughan and Leela Kaza s of IgniteTech.

How many employees does IgniteTech have?

As of Mar 31, 2026, the latest employee count at IgniteTech is 367.

Is IgniteTech a funded company?

IgniteTech is a funded company, having raised a total of $52.2M across 6 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 28, 2000.

When was the latest funding round of IgniteTech?

IgniteTech's latest funding was a $***** Series A round on Sep 28, 2020, with participation from 4 investors.

Where does IgniteTech rank among its competitors?

IgniteTech ranks 21st amongst 3257 active competitors, of which 51 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 IgniteTech?

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

IgniteTech - 2026 Company Profile, Team, Funding & Competitors

IgniteTech is an acquired company based in Austin (United States), founded in 1998. It operates as a Platform offering AI-driven enterprise software solutions. IgniteTech has raised $52.2M in funding from investors like FTV Capital, Canaan and Sierra Ventures. The company has 3257 active competitors, including 51 funded and 138 that have exited. Its top competitors include companies like Workday, SAP and Deltek.

Company Details

Platform offering AI-driven enterprise software solutions. It provides a suite of enterprise software solutions integrated with artificial intelligence to optimize various business functions, users can access products like eloquens AI, which transforms business communication through human-AI collaboration, and streetsmart AI, revolutionizing field force management with advanced AI capabilities.

Website: ignitetech.ai
Social
Email ID: *****@ignitetech.com
Phone Number: +1 **********
Part Of

Key Metrics

Founded Year

1998

Location

Austin, United States

Stage

Acquired

Total Funding

$52.2M in 6 rounds

Latest Funding Round

Series A, Sep 28, 2020, $*****

Investors

FTV Capital & 10 more

Ranked

21^st among 3257 active competitors

Employee Count

367 as on Mar 31, 2026

Investment & Acquisitions

Khoros & 2 more

Similar Companies

Workday & 3801 more

Exit Details

Acquired by ESW Capital (Nov 06, 2017)

View IgniteTech's full profile

IgniteTech is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Ignite Technologies, Inc. CIN: 752898406 , United States, Active	Dec 31, 1995	-	61 (As on Dec 31, 2012)	-
BECKON, INC CIN: 453033051 , United States, Active	Dec 31, 1999	-	62 (As on Dec 31, 2015)	-
NUVIEW SYSTEMS, INC. CIN: 223307862 , United States, Active	Dec 31, 1999	$5M - $25M (As on Apr 14, 2009)	3 (As on Dec 31, 2014)	-

IgniteTech got acquired by ESW Capital on Nov 06, 2017.

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

IgniteTech has raised a total funding of $52.2M over 6 rounds. Its first funding round was on Jun 28, 2000. Its latest funding round was a Series A round on Sep 28, 2020 for $*****. 4 investors participated in its latest round. IgniteTech has 11 institutional investors.

Here is the list of recent funding rounds of IgniteTech:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 28, 2020	8099160	Series A	8075268	1014521	3002888	9601984
Jun 10, 2008	2771948	Series A	8108053	4219211	2274650	Sierra Ventures & 3 more
May 09, 2007	5535871	Conventional Debt	1897030	8929252	6266389	Bluecrest Capital Finance

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View details of IgniteTech's funding rounds and investors

IgniteTech's employee count trend

IgniteTech has 367 employees as of Mar 26. Here is IgniteTech's employee count trend over the years:

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Cloud-based financial management, EPM, and HR software provider for enterprises	$352M	Greylock, T. Rowe Price & 10 others	86/100
2nd	SAP 1972, Germany, Public	Developer of business applications and technology solutions with integrated artificial intelligence	-	Elliott Management, Notable Capital & 9 others	83/100
3rd	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
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	Oracle 1977, Austin (United States), Public	Hybrid cloud infrastructure platform	-	EGI Booster, rifvc.com & 32 others	76/100
6th	Zoho 1996, Chennai (India), Unfunded	Provider of cloud-based business software suite for diverse operational requirements	-	-	76/100
7th	Acumatica 2008, Kirkland (United States), Acquired	Provider of cloud enterprise resource planning software for business management	$48.3M	Accel-KKR, Almaz Capital & 5 others	75/100
8th	TOTVS 1983, Sao Paulo (Brazil), Acquired	ERP solution for range of industries and companies	-	CPP Investments, Venture Partners do Brasil ... & 1 others	74/100
9th	LeanIX 2012, Bonn (Germany), Acquired	Provider of enterprise architecture solutions for business transformation and IT alignment	$120M	Goldman Sachs Investment Partners, DTCP & 5 others	70/100
10th	TeamSystem 1979, Pesaro (Italy), Acquired	Provider of software for business management, financial solutions, and digital services	-	HgCapital Trust, Silver Lake & 4 others	69/100
21st	IgniteTech 1998, Austin (United States), Acquired	Platform offering AI-driven enterprise software solutions	$52.2M	Sapphire Ventures, FTV Capital & 9 others	61/100

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IgniteTech has acquired 3 companies including Khoros, Khoros and Khoros. IgniteTech 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
May 27, 2025	Acquisition	Khoros	2007	Austin (United States)
Jan 04, 2021	Acquisition	Khoros	2007	Austin (United States)
May 30, 2017	Acquisition	Khoros	2007	Austin (United States)