When was MYOB founded?

MYOB was founded in 1991 and raised its 1st funding round 20 years after it was founded.

Where is MYOB located?

MYOB is headquartered in Cremorne, Australia.

How many employees does MYOB have?

As of Jun 30, 2026, the latest employee count at MYOB is 2982.

Is MYOB a funded company?

MYOB is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on 2011.

How much is MYOB worth?

The last known valuation of MYOB was $***** as of Aug 21, 2011.

When was the latest funding round of MYOB?

MYOB's latest funding was a $***** Conventional Debt round on Dec 20, 2012, with participation from 0 investor.

What is the annual revenue of MYOB?

Annual revenue of MYOB is between $100M and $500M as on Dec 31, 2022

Where does MYOB rank among its competitors?

MYOB ranks 31st amongst 6129 active competitors, of which 364 are funded. It stands 11th 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 MYOB?

MYOB's top competitors include Intuit, The Access Group and Visma. Among them, Pennylane secured the most recent funding round in January, 2026.

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

Q: Is MYOB an acquired company?

MYOB got acquired by KKR on Apr 17, 2019.

Company Details

Developer of business management software including accounting and payroll solutions. The company provides platforms for managing finances, supply chains, employees, and projects. Its offerings adapt to meet changing business needs, providing visibility for informed decisions. The software includes features for invoicing, tax management, payment processing, and inventory tracking.

Website: www.myob.com/au
Social
Email ID: *****@myob.com.au

Key Metrics

Founded Year

1991

Location

Cremorne, Australia

Stage

Acquired

Latest Funding Round

Conventional Debt, Dec 20, 2012, $*****

Last Known Valuation

$***** as on Aug 21, 2011

Investors

VantEdge Partners & 4 more

Ranked

31^st among 6129 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2022

Employee Count

2,982 as on Jun 30, 2026

Investment & Acquisitions

Flare & 13 more

Similar Companies

Intuit & 5882 more

Exit Details

Acquired by KKR (Apr 17, 2019)

View MYOB's full profile

MYOB is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
MYOB AUSTRALIA PTY LTD CIN: 086760198 , Australia, Active	Mar 17, 1999	-	-
MYOB TECHNOLOGY PTY LTD CIN: 086760269 , Australia, Active	Mar 17, 1999	-	-
MYOB AUSTRALIA PTY LTD CIN: 086760198 , Australia, Active	Mar 17, 1999	$100M - $500M (As on Dec 31, 2022)	-

MYOB got acquired by KKR on Apr 17, 2019 at an acquisition amount of $*****.

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

MYOB has raised funding over 2 rounds. Its first funding round was on 2011. MYOB has 5 institutional investors.

Here is the list of recent funding rounds of MYOB:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 20, 2012	6438510	Conventional Debt	7641410	4906757	3275727	4806521
2011	1407	PE	8521	5824	7216	Bain Capital Private Equity

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View details of MYOB's funding rounds and investors

The founders of MYOB are Craig Winkler and Brad Shofer. Greg Ellis is the CEO of MYOB.

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

Craig Winkler: Co-Founder of MYOB. They are also an angel investor in 1 startup.
Brad Shofer: Co-Founder of MYOB.
Greg Ellis: CEO of MYOB.

View details of MYOB's Founder profiles and Board Members

MYOB's employee count trend

MYOB has 2,982 employees as of Jun 26. Here is MYOB's employee count trend over the years:

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Top competitors of MYOB include Intuit, The Access Group and Visma. Here is the list of Top 10 competitors of MYOB, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Alcor Fund, Shasta Ventures & 25 others	83/100
2nd	The Access Group 1991, Loughborough (United Kingdom), Acquired	Developer of business management software for finance human resources payroll	$1.49B	Hg, Lyceum Capital & 21 others	82/100
3rd	Visma 1996, Oslo (Norway), Acquired	Developer of cloud software for business management and accounting tasks	$198M	GIC, Norges Bank Investment Management & 26 others	82/100
4th	Vyapar 2017, Bengaluru (India), Series B	Provider of GST billing, inventory, and accounting software for small businesses	$35.9M	WestBridge Capital, India Quotient & 13 others	80/100
5th	Airtable 2013, San Francisco (United States), Series F	Cloud and AI based low code workflow and app development platform	$1.35B	CRV, Caffeinated Capital & 57 others	80/100
6th	Pennylane 2020, Paris (France), Series E	Cloud-based financial management and accounting software platform	$442M	DST Global, Sequoia Capital & 9 others	77/100
7th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	77/100
8th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	Opus Incertum, 3S Beteiligungs & 23 others	77/100
9th	Appian 1999, Reston (United States), Public	Cloud based low code application development and automation platform	$47.5M	New Enterprise Associates, Saints Capital ... & 3 others	76/100
10th	Pipefy 2015, San Francisco (United States), Series C	SaaS-based workflow and task management solution provider	$149M	Trinity Ventures, OpenView & 35 others	76/100
31st	MYOB 1991, Cremorne (Australia), Acquired	Developer of business management software including accounting and payroll solutions	-	VantEdge Partners, Archer Capital & 3 others	65/100

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

MYOB has made 2 investments in companies including FlareHR and Acumatica. MYOB has also acquired 12 companies including Flare and FlareHR.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 13, 2022	Acquisition	Flare	2015	Australia
Sep 13, 2022	Acquisition	FlareHR	2015	Sydney (Australia)
Aug 02, 2022	Acquisition	Endeavour Solutions	1988	Hawthorn East (Australia)