MYOB - About the company
MYOB is an acquired company based in Cremorne (Australia), founded in 1991 by Craig Winkler, Brad Shofer and Baba 💡. It operates as a Developer of business management software including accounting and payroll solutions. MYOB has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 6073 active competitors, including 346 funded and 313 that have exited. Its top competitors include companies like Intuit, Airtable and Visma.
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
- Email ID
- *****@myob.com.au
Key Metrics
Founded Year
1991
Location
Cremorne, Australia
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Aug 21, 2011
Investors
Ranked
15th among 6073 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2022
Employee Count
2,995 as on Aug 31, 2026
Exit Details
Acquired by KKR (Apr 17, 2019)
Legal entities associated with MYOB
MYOB is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
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 AUSTRALIA PTY LTD CIN: 086760198 , Australia, Active | Mar 17, 1999 | - | - |
MYOB's acquisition details
Click here to take a look at MYOB's acquisition in detail
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MYOB's funding and investors
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 | 1217804 | Conventional Debt | 6882462 | 7023462 | 4445635 | 7255872 |
2011 | 6076 | PE | 8275 | 2055 | 3623 |
View details of MYOB's funding rounds and investors
MYOB's founders and board of directors
Founder? Claim ProfileHere 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.
- Baba 💡: Founder of MYOB and founder of 1 other company.
- Greg Ellis: CEO of MYOB.
View details of MYOB's Founder profiles and Board Members
MYOB's employee count trend
MYOB has 2,995 employees as of Aug 26. Here is MYOB's employee count trend over the years:
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MYOB's Competitors and alternates
Top competitors of MYOB include Intuit, Airtable and Visma. Here is the list of Top 10 competitors of MYOB, ranked by Tracxn score:
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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 | - | 83/100 | |
2nd | Airtable 2013, San Francisco (United States), Acquired | Cloud and AI based low code workflow and app development platform | $1.35B | 82/100 | |
3rd | Developer of cloud software for business management and accounting tasks | $198M | 82/100 | ||
4th | The Access Group 1991, Loughborough (United Kingdom), Late Stage | Developer of cloud software for payroll and human resources management | $1.49B | 79/100 | |
5th | Cloud-based financial management and accounting software platform | $442M | 78/100 | ||
6th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 77/100 | |
7th | Online accounting and invoicing solutions for SMBs | $40.9M | 77/100 | ||
8th | Appian 1999, Reston (United States), Public | Cloud based low code application development and automation platform | $47.5M | 76/100 | |
9th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 76/100 | |
10th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
15th | Developer of business management software including accounting and payroll solutions | - | 70/100 |
Looking for more details on MYOB's competitors? Click here to see the top ones
MYOB's Investments and acquisitions
MYOB has made 2 investments in companies including FlareHR and Acumatica. MYOB has also acquired 19 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 | 2015 | ||
Sep 13, 2022 | Acquisition | 2015 | Sydney (Australia) | |
Aug 02, 2022 | Acquisition | 1988 | Hawthorn East (Australia) |
See all acquisitions by MYOB
Reports related to MYOB
Here is the latest report on MYOB's sector:
News related to MYOB
Media has covered MYOB for a total of 7 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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MYOB & Microsoft strike AI deal for small businessesChannelLife•Apr 08, 2026•Microsoft, MYOB, Yobi, Stellantis and 2 others
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MYOB ANZ Partner Awards Recognize Diverse Ecosystem, Stratus Consulting Wins Top HonorsChannelLife•Feb 13, 2026•MYOB
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Hnry secures $26 million to expand accounting platform in Australia and UKSmartCompany•Dec 09, 2025•MYOB, Xero, Hnry, Icehouse Ventures
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MYOB Launches Sole Trader Bank Accounts, Debit Cards in Solo App UpgradeSmartCompany•Jul 09, 2025•MYOB
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MYOB Launches Sole Trader Bank Accounts, Debit Cards in Solo App UpgradeSmartCompany•Jul 09, 2025•MYOB
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MYOB Enters Banking with Solo Money for Australian Sole OperatorsAustralian FinTech•Jul 09, 2025•MYOB
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