NetSuite - About the company
NetSuite is an acquired company based in Redwood City (United States), founded in 1998 by . It operates as a Cloud based platform offering ERP software for multi industries. NetSuite has raised $120M in funding from StarVest Partners. The company has 2982 active competitors, including 45 funded and 110 that have exited. Its top competitors include companies like Workday, Visma and Deltek.
Company Details
Cloud based platform offering ERP software for multi industries. It offers products like ERP, CRM, eCommerce, inventory management, order management, supply chain management, POS, and more. Its customer base is spread across advertising, education, energy, financial services, healthcare, manufacturing, media, retail, and more. Its clients include The Second City, Quicken, and Lovesac.
- Website
- Social
- Email ID
- @netsuite.com
- Phone Number
- +1
- Part Of
- oracle.com
Key Metrics
Founded Year
1998
Location
Redwood City, United States
Stage
Acquired
Total Funding
in 8 rounds
Latest Funding Round
Investors
Ranked
6th among 2982 active competitors
Investment & Acquisitions
&
Similar Companies
Workday &
Exit Details
Acquired by Oracle (Jul 29, 2016)
Legal entities associated with NetSuite
NetSuite is associated with 8 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Apr 11, 2007 | - | 521 | 339 | |
$1 - $1M (as on Aug 17, 2011) | 625 | 891 | ||
Oct 15, 1992 | - | 163 | 245 | |
Jan 24, 2001 | - | 622 | 956 | |
Nov 02, 1998 | - | 126 | 905 | |
Jul 30, 2010 | - | 931 | 303 | |
Aug 07, 2012 | - | 278 | 811 | |
Jan 27, 2016 | - | 410 | 680 |
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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 to take a look at NetSuite's acquisition in detail
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 including StarVest Partners, and . Lawrence Joseph Ellison is only Angel Investor in NetSuite.
Here is the list of recent funding rounds of NetSuite:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jun 22, 2015 | $98.9M | Post IPO | 6890211 | 4541836 | - |
Aug 17, 2011 | $1.5M | Post IPO | 6771628 | 4391347 | - |
Apr 15, 2005 | $15M | Series D | 6332198 | 4559515 | - |
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NetSuite's founders and board of directors
The founders of NetSuite is .
View details of NetSuite's Founder profiles and Board Members
NetSuite's Competitors and alternates
Top competitors of NetSuite include Workday, Visma and Deltek. Here is the list of Top 10 competitors of NetSuite, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  Workday 2005, Pleasanton (United States), Public | Cloud-based financial management, EPM, and HR software provider for enterprises | $352M | InterWest Partners, New Enterprise AssociatesÌý&²¹³¾±è;Ìý | 92/100 |
2nd | Cloud based enterprise resource planning software | $198M | CPP Investments, AlpInvest PartnersÌý&²¹³¾±è;Ìý | 85/100 | |
3rd | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | Star Ventures, Prospect CapitalÌý&²¹³¾±è;Ìý | 85/100 |
4th | Infor 2002, New York City (United States), Acquired | Cloud based ERP software for multi industries | $1.51B | Summit Partners, Kleiner PerkinsÌý&²¹³¾±è;Ìý | 83/100 |
5th | Provider of cloud and AI-based platform offering ERP software and solutions | - | CPP Investments, Herald Investment ManagementÌý&²¹³¾±è;Ìý | 82/100 | |
6th | _1548921977977.png?height=40&width=40){kind=logo} NetSuite 1998, Redwood City (United States), Acquired | Cloud based platform offering ERP software for multi industries | $120M | Meritech, StarVest PartnersÌý&²¹³¾±è;Ìý | 78/100 |
7th | Oracle 1977, Austin (United States), Public | Hybrid cloud infrastructure platform | $50K | Kleiner Perkins, USVPÌý&²¹³¾±è;Ìý | 80/100 |
8th | ERP solution for range of industries and companies | - | CPP Investments, Venture Partners do BrasilÌý&²¹³¾±è;Ìý | 78/100 | |
9th |  i3 Verticals 2012, Nashville (United States), Public | Payment processing solutions for businesses | $42.1M | Bank of America, Harbert ManagementÌý&²¹³¾±è;Ìý | 75/100 |
10th |  Aptean 2012, Alpharetta (United States), Acquired | Cloud based ERP software and solutions for multiple industries | $12.7M | TA, Battery VenturesÌý&²¹³¾±è;Ìý | 73/100 |
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NetSuite's Investments and acquisitions
NetSuite has not made any investments yet. NetSuite has made 9 acquisitions. Here is the list of latest three acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 02, 2016 | Acquisition |  | 2007 | Wexford, United States |
Aug 10, 2015 | Acquisition | - | ||
Apr 23, 2015 | Acquisition | - |
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Reports related to NetSuite
Here is the latest report on NetSuite's sector:
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News related to NetSuite
Media has covered NetSuite for a total of 21 events in the last 1 year, 17 of them have been about company updates and 2 about partnerships.
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Fintech Finance•Mar 26, 2025•NetSuite
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ChannelLife•Feb 13, 2025•NetSuite
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Gulf Business•Jan 24, 2025•NetSuite
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ChannelLife•Dec 10, 2024•, NetSuite,
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PR Newswire•Dec 02, 2024•, NetSuite
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PR Newswire•Sep 10, 2024•NetSuite
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about NetSuite
When was NetSuite founded?
NetSuite was founded in 1998.Where is NetSuite located?
NetSuite is located in Redwood City, United States.Is NetSuite an acquired company?
NetSuite got acquired by Oracle on Jul 29, 2016.When was the latest funding round of NetSuite?
NetSuite's latest funding round was on Jun 22, 2015.What is the annual revenue of NetSuite?
Annual revenue of NetSuite is undefined as on undefined.Our Lite Plan Awaits you - Its Free!
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