Acumatica

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Acumatica, Inc.
Company typePrivate
IndustryComputer software
Founded2008; 18 years ago (2008)
Founder
Headquarters
Bellevue, Washington
,
United States
Key people
John Case (CEO)[1]
ProductsAcumatica Cloud ERP
Owner
Number of employees
600+[3] (2024)
Websitewww.acumatica.com

Acumatica, Inc. provides cloud and browser based enterprise resource planning software for small and medium-sized businesses. Headquartered in Bellevue, Washington, in the Seattle metropolitan area,[3] it has partnerships with BDO USA[4] and Shopify.[5]

History

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The Acumatica ERP product was introduced in 2008[6] followed a year later by on-premises and SaaS versions.[7] In 2014, when former Microsoft vice president Jon Roskil became its CEO, it launched its xRP cloud platform.[8] and the xRP cloud platform launched.[9]

Two years before opening an office in London,[10] the company was acquired in 2019 by the private equity fund EQT AB.[2] In 2022, it named John Case, a former corporate vice president at Microsoft, as its new CEO.[11]

Acumatica appointed two ERP industry veterans, Zach Nelson and Nancy Harris, to its Board of Directors in 2024.[12] They joined a group of board members that included Case, Kim Clarke, Kathy Crusco, Robert Maclean, Tyler Parker and Jonas Persson.[12]

In 2025 Acumatica was acquired by Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, for $2 billion.[13]

Technology

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Previous logo

Acumatica's ERP is built with its proprietary web-based xRP platform and can be licensed on-premises / in the cloud, or provided on a SaaS basis.[14][15][16]

The SaaS product runs on Amazon Web Services,[17] Azure[18] and SQL Azure.[14] Licensed software runs on Microsoft Windows Server / SQL Server and applications run as .NET managed code.[19]

Acquisitions

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In 2020, Acumatica acquired JAAS Advanced Manufacturing Software from JAAS Systems.[20]

In 2022, Acumatica acquired IBS Imperium, a property management application.[21]

Funding

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In 2011, Acumatica received an unquantified investment from Visma.[22] In 2014, Acumatica raised over $13 million in funding, led by MYOB[23][24] In 2018, the company raised $25 million in Series C funding, led by Accel-KKR.[25]

References

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