Phocas Software - About the company
Phocas Software is an acquired company based in Sydney (Australia), founded in 1999 by Myles Glashier. It operates as a Provider of business intelligence and financial planning and analysis software. Phocas Software has raised $52.3M in funding from One Ventures and Ellerston Capital. The company has 63 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Wizerr AI, Revind and SafeTec.
Company Details
Provider of business intelligence and financial planning and analysis software. This platform integrates with enterprise resource planning systems to facilitate data consolidation, budgeting, forecasting, and reporting. Tools enable users to analyze sales performance, inventory movement, and rebate programs. The software provides automated financial reporting and data visualization capabilities to support operational decision-making across various departments.
- Website
- www.phocassoftware.com/
- Phone Number
- +44 **********
- Registered Address
- 20-20 HOUSE SISKIN DRIVE,MIDDLEMARCH BUSINESS PARK,COVENTRY,ENGLAND,CV3 4FJ
Key Metrics
Founded Year
1999
Location
Sydney, Australia
Stage
Acquired
Total Funding
$52.3M in 3 rounds
Latest Funding Round
Investors
Ranked
1st among 63 active competitors
Annual Revenue
£10M - £50M as on Jun 30, 2025
Employee Count
332 as on Aug 31, 2026
Exit Details
Acquired by Accel-KKR (Oct 15, 2025)
Legal entities associated with Phocas Software
Phocas Software is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PHOCAS UK LIMITED CIN: 7921737 , United Kingdom, Active | Jan 23, 2012 | £10M - £50M (As on Jun 30, 2025) | - | |
PHOCAS GROUP PTY LTD CIN: 621672893 , Australia, Active | Sep 12, 2017 | - | - |
Phocas Software's acquisition details
Click here to take a look at Phocas Software's acquisition in detail
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Phocas Software's funding and investors
Phocas Software has raised a total funding of $52.3M over 3 rounds. Its first funding round was on Jun 2018. Its latest funding round was a Series B round on Jan 28, 2021 for $*****. 2 investors participated in its latest round. Phocas Software has 2 institutional investors.
Here is the list of recent funding rounds of Phocas Software:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 28, 2021 | 5671396 | Series B | 2852001 | 9184629 | 3070394 | 6796038 |
Mar 16, 2020 | 8054059 | Conventional Debt | 2769665 | 8701917 | 7815089 | |
Jun 2018 | 3484846 | Series A | 2079235 | 2107168 | 1208914 |
View details of Phocas Software's funding rounds and investors
Phocas Software's founders and board of directors
Founder? Claim ProfileThe founders of Phocas Software is Myles Glashier. Myles Glashier is the CEO of Phocas Software.
Here are the details of Phocas Software's key team members:
- Myles Glashier: Co-Founder & CEO of Phocas Software.
Phocas Software's Board of Directors
Phocas Software's board has 3 active members. David Boorman, James Edmund Drake and Myles Glashier are part of team.Here is the list of Phocas Software's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 2y 2m | |
qtdwpza | Team | - | Current | 6y 1m |
vrvnkku | Team | - | Current | 9y 4m |
View details of Phocas Software's Founder profiles and Board Members
Phocas Software's employee count trend
Phocas Software has 332 employees as of Aug 26. Here is Phocas Software's employee count trend over the years:
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Phocas Software's Competitors and alternates
Top competitors of Phocas Software include Wizerr AI, Revind and SafeTec. Here is the list of Top 10 competitors of Phocas Software, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Phocas Software 1999, Sydney (Australia), Acquired | Provider of business intelligence and financial planning and analysis software | $52.3M | 61/100 | |
2nd | Wizerr AI 2023, San Francisco (United States), Unfunded | Provider of AI-powered platform for electronics component search and BOM optimization | - | - | 43/100 |
3rd | Provider of a digital manufacturing solution for factory operations | - | - | 34/100 | |
4th | SafeTec 1998, Vancouver (United States), Acqui-Hired | Chemical inventory management software | $2.19M | - | 33/100 |
5th | Arda 2024, United States, Unfunded | Provider of digital inventory replenishment systems using physical scanning cards | - | - | 29/100 |
6th | Provider of inventory management software managing inventory | - | - | 28/100 | |
7th | Leading Edge Solutions 2002, Johannesburg (South Africa), Unfunded | Developer of business software for production efficiency and supply chain | - | - | 27/100 |
8th | Gogetter Intelligence 2018, Yantai (China), Seed | Developer of industrial software and hardware for manufacturing process management | - | 27/100 | |
9th | Sharaan Infosystems 2008, Bengaluru (India), Unfunded | Business Management suite for Jewelry retailers and manufacturers | - | - | 27/100 |
10th | Fiddle 2017, Provo (United States), Seed | Offers web-based real-time inventory management solutions | $600K | 27/100 |
Looking for more details on Phocas Software's competitors? Click here to see the top ones
Phocas Software's Investments and acquisitions
Phocas Software has made no investments or acquisitions yet.
Reports related to Phocas Software
Here is the latest report on Phocas Software's sector:
News related to Phocas Software
Media has covered Phocas Software for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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Phocas Group Acquired by Accel-KKR SubsidiaryGlobal Legal Chronicle•Oct 22, 2025•Johnson Winter Slattery, Phocas Software
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Phocas Software Receives Strategic Investment From Accel-KKR to Fuel BI and FP&A Innovation and GrowthBakersfield•Oct 15, 2025•Accel-KKR, Phocas Software
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Phocas Announces AI Functionality to Make Data Analysis Easier for Business PeopleBusiness Wire•Dec 04, 2023•Phocas Software
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Phocas Achieves the Highest Standard of Data Security by Getting SOC2 Type II ComplianceBusiness Wire•Jun 19, 2023•Phocas Software
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Konsolidator adds budgeting and planning to their softwareGlobeNewswire•Sep 28, 2022•Konsolidator, Phocas Software
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Phocas Announces New Sage Intacct Integrations and Marketplace ListingsBusiness Wire•Aug 23, 2022•Phocas Software, Sage Intacct
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ADS Solutions and Phocas Software announce a partnership for BI and data analytics technologyPRWeb•Mar 16, 2022•ADS Solutions, Phocas Software
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