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NetSuite - About the company

NetSuite is an acquired company based in Redwood City (United States), founded in 1998 by Brett McMickell and Evan Goldberg. It operates as a Provider of cloud-based enterprise resource planning and related business management software. NetSuite has raised $120M in funding from StarVest Partners, with last known valuation of $*****. The company has 193 active competitors, including 7 funded and 21 that have exited. Its top competitors include companies like TranZact, Logic ERP and Arcstone.

Company Details

Provider of cloud-based enterprise resource planning and related business management software. The company delivers solutions for financial, customer relationship, and human capital management. It offers tools for order, inventory, warehouse, and supply chain management. The business provides services such as consulting, education, and support.
Social
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Email ID
*****@netsuite.com
Phone Number
+1 **********
Part Of
Registered Address
5 58603 Malý Beranov
Key Metrics
Founded Year
1998
Location
Redwood City, United States
Stage
Acquired
Total Funding
$120M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 29, 2016
Ranked
Employee Count
16,143 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Oracle (Jul 29, 2016)

NetSuite's acquisition details

NetSuite got acquired by Oracle on Jul 29, 2016 at an acquisition amount of $9.4B. It was facilitated by Qatalyst Partners and Moelis & Company.
Click here to take a look at NetSuite's acquisition in detail
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NetSuite's funding and investors

NetSuite has raised a total funding of $120M over 8 rounds. Its first funding round was on Jun 19, 2000. NetSuite has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of NetSuite:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 22, 2015
6622426
Post IPO
1813516
3376963
9285028
3657520
Aug 17, 2011
9922756
Post IPO
4180340
6759662
7139895
9895226
Apr 15, 2005
1242186
Series D
6307122
9334220
1235564
5336905
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NetSuite's founders and board of directors

Founder? Claim Profile
The founders of NetSuite are Brett McMickell and Evan Goldberg.
Here are the details of NetSuite's key team members:

NetSuite's employee count trend

NetSuite has 16,143 employees as of Mar 26. Here is NetSuite's employee count trend over the years:
Employee count trend for NetSuite
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NetSuite's Competitors and alternates

Top competitors of NetSuite include TranZact, Logic ERP and Arcstone. Here is the list of Top 10 competitors of NetSuite, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for NetSuite
NetSuite
1998, Redwood City (United States), Acquired
Provider of cloud-based enterprise resource planning and related business management software
$120M
79/100
2nd
Logo for TranZact
TranZact
2017, Mumbai (India), Series A
Provider of cloud-based software for streamlining manufacturing business processes
$8.09M
55/100
3rd
Logo for Logic ERP
Logic ERP
1993, Sahibzada Ajit Singh Nagar (India), Unfunded
Provider of enterprise resource planning software for retail and manufacturing
-
-
50/100
4th
Logo for Arcstone
Arcstone
2013, Singapore (Singapore), Series A
Offering manufacturing execution system
-
50/100
5th
Logo for Conduct
Conduct
2024, London (United Kingdom), Seed
Provider of AI platform for understanding and managing SAP customizations
$13.3M
49/100
6th
Logo for Trintech
Trintech
2000, Addison (United States), Acquired
Provider of financial close and account reconciliation software and solutions
-
49/100
7th
Logo for Doss
Doss
2022, San Francisco (United States), Series A
Provider of cloud platform for operations, resource planning, and data management
$18M
45/100
8th
Logo for Prometheus
Prometheus
1998, Raleigh (United States), Acquired
Provider of asset management software for maintenance and operational optimization
-
45/100
9th
Logo for In Mind Cloud
In Mind Cloud
2012, Singapore (Singapore), Acquired
CRM and CPQ software for SMBs
$17.6M
45/100
10th
Logo for Douzone
Douzone
1977, Seoul (South Korea), Public
Provider of business platforms, ERP, groupware, cloud, and digital transformation solutions
-
-
44/100
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NetSuite's Investments and acquisitions

NetSuite has made 1 investments in companies including DirectScale. NetSuite has also acquired 8 companies including Monexa and Bronto.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 10, 2015
Acquisition
1998
Vancouver (Canada)
Jun 22, 2015
Investments
2013
Lindon (United States)
Apr 23, 2015
Acquisition
2002
Durham (United States)
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Reports related to NetSuite

Here is the latest report on NetSuite's sector:

News related to NetSuite

lockFilter this list
Media has covered NetSuite for a total of 31 events in the last 1 year, 19 of them have been about company updates and 5 about partnerships.
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