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 Apr 30, 2026, the latest employee count at MYOB is 2989.

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.

Where does MYOB rank among its competitors?

MYOB ranks 34th amongst 5929 active competitors, of which 356 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was The Access Group, which secured an undisclosed amount in Jun, 2022.

Who are the top competitors of MYOB?

MYOB's top competitors include The Access Group, Visma and Intuit. Among them, The Access Group secured the most recent funding round in June, 2022.

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

Q: Is MYOB an acquired company?

MYOB got acquired by KKR on Apr 17, 2019.

MYOB is an acquired company based in Cremorne (Australia), founded in 1991 by Craig Winkler and Brad Shofer. 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 5929 active competitors, including 356 funded and 317 that have exited. Its top competitors include companies like The Access Group, Visma and Intuit.

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

34^th among 5929 active competitors

Employee Count

2,989 as on Apr 30, 2026

Investment & Acquisitions

Flare & 20 more

Similar Companies

The Access Group & 5730 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	Documents
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	$318M (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	7899825	Conventional Debt	3726204	7994644	1234137	9798349
2011	6176	PE	8103	8639	4812	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 2,989 employees as of Apr 26. Here is MYOB's employee count trend over the years:

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Top competitors of MYOB include The Access Group, Visma and Intuit. 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	The Access Group 1991, Loughborough (United Kingdom), Acquired	Provider of business management software for finance, HR, and payroll	$1.49B	Hg, Lyceum Capital & 20 others	82/100
2nd	Visma 1996, Oslo (Norway), Acquired	Provider of cloud-based software for businesses, accounting offices, and public sector	$198M	Warburg Pincus, GIC & 26 others	82/100
3rd	Intuit 1983, Mountain View (United States), Public	Provider of financial, accounting, tax preparation, and marketing automation software	-	Alcor Fund, TriplePoint Capital & 25 others	82/100
4th	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	79/100
5th	Appian 1999, Reston (United States), Public	Cloud based low code application development and automation platform	$47.5M	New Enterprise Associates, Scheuermann Investment ... & 3 others	79/100
6th	Vyapar 2017, Bengaluru (India), Series B	Provider of GST billing, inventory, and accounting software for small businesses	$35.9M	WestBridge Capital, India Quotient & 14 others	77/100
7th	Pipefy 2015, San Francisco (United States), Series C	SaaS-based workflow and task management solution provider	$149M	Trinity Ventures, OpenView & 35 others	76/100
8th	ContaAzul 2012, Joinville (Brazil), Acquired	Online accounting and invoicing solutions for SMBs	$40.9M	Ribbit Capital, 500 Global & 5 others	76/100
9th	FreeAgent 2007, Edinburgh (United Kingdom), Acquired	Cloud-based accounting software for small businesses, freelancers, and accountants	$21.9M	-	75/100
10th	Wave 2010, Toronto (Canada), Acquired	Web-based accounting software for businesses	$82.4M	BDC, CRV & 20 others	75/100
34th	MYOB 1991, Cremorne (Australia), Acquired	Developer of business management software including accounting and payroll solutions	-	VantEdge Partners, KKR & 3 others	65/100

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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	Flare	2015	Australia
Sep 13, 2022	Acquisition	FlareHR	2015	Sydney (Australia)
Aug 02, 2022	Acquisition	Endeavour Solutions	1988	Hawthorn East (Australia)