Model N Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Public

  • Employees
  • 1,089

Employees

  • Stock Symbol
  • MODN

Stock Symbol

  • Investments
  • 5

  • Share Price
  • $29.62
  • (As of Friday Closing)

Model N General Information

Description

Model N Inc is a provider of cloud revenue management solutions for life science and technology companies. The products of the company involve Revenue Cloud for Life Sciences for helps life science companies improve revenue and operational efficiency while adhering to government regulations as it creates and executes contracts with its customers; and Revenue Cloud for High Tech that enables customers to modernize their sales processes by adopting a strategic approach to manage the revenue lifecycle by planned revenue. It has one operating segment with one business activity - developing and monetizing revenue management solutions. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.

Contact Information

Website
www.modeln.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Other Industries
Enterprise Systems (Healthcare)
Media and Information Services (B2B)
Stock Exchange
NYS
Corporate Office
  • 777 Mariners Island Boulevard
  • Suite 300
  • San Mateo, CA 94404
  • United States
+1 (650) 000-0000

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Model N Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$29.62 $29.77 $20.90 - $35.96 $1.17B 39M 603K -$0.84

Model N Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 30-Sep-2023 FY 2022 30-Sep-2022 FY 2021 30-Sep-2021
EV 1,034,077 930,943 1,233,961 1,187,769
Revenue 253,800 249,463 219,164 193,445
EBITDA (26,418) (26,805) (4,072) (6,652)
Net Income (31,670) (33,922) (28,635) (29,737)
Total Assets 515,174 500,095 392,247 363,790
Total Debt 290,773 291,521 152,210 146,059
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Model N Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Model N Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Model N Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Model N Inc is a provider of cloud revenue management solutions for life science and technology companies. The products
Business/Productivity Software
San Mateo, CA
1,089 As of 2023
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000000000 00000000
Houston, TX
0000 As of 0000
00000
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00000 000 0000000000
Vancouver, Canada
000 As of 0000
00.00
00000000 00.00
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Model N Competitors (28)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
PROS Holdings Formerly PE-Backed Houston, TX 0000 00000 000000&0
Wishpond Technologies Corporation Vancouver, Canada 000 00.00 00000000 00.00
DealHub Private Equity-Backed Austin, TX 000 000.00 0000000 0000 000.00
1WorldSync Private Equity-Backed Chicago, IL 000 000.00 000000000 000.00
Teradata Formerly VC-backed San Diego, CA 0000 00.000 000000000-00
You’re viewing 5 of 28 competitors. Get the full list »

Model N Executive Team (30)

Name Title Board Seat Contact Info
Jason Blessing Chief Executive Officer & Board Member
John Ederer Chief Financial Officer
Rehmann Rayani Chief Marketing Officer, Marketing & Chief Strategy Officer, Strategy
Errol Hunter JD Chief Legal Officer
Christopher Larsen Chief Revenue Officer & Senior Vice President
You’re viewing 5 of 30 executive team members. Get the full list »

Model N Board Members (15)

Name Representing Role Since
Alan Henricks Model N Board Member 000 0000
Baljit Dail Self Chairman & Board Member 000 0000
David Yarnold Self Board Member 000 0000
Jason Blessing Model N Chief Executive Officer & Board Member 000 0000
Kimberly DeCarlis Model N Board Member 000 0000
You’re viewing 5 of 15 board members. Get the full list »

Model N Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Model N Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Deloitte (Life Sciences Pricing and Contracting Solutions Business and Underlying Technology) 31-Dec-2020 0000000000 0000 Biotechnology 00000 000
Revitas 05-Jan-2017 0000000000 000.00 Financial Software 0000 0000
Channelinsight 30-Oct-2015 0000000000 000.00 Automation/Workflow Software 0000 0000
LeapFrogRx 07-Feb-2012 0000000000 000.00 Application Software 0000 0000
Azerity 15-Mar-2006 Merger/Acquisition Business/Productivity Software 0000 0000
To view Model N’s complete acquisitions history, request access »

Model N Subsidiaries (2)

Company Name Industry Location Founded
Sapphire Stripe Holdings Holding Companies Philadelphia, PA 2009
Channelinsight Automation/Workflow Software Denver, CO 0000
To view Model N’s complete subsidiaries history, request access »

Model N ESG

Risk Overview

Risk Rating

Updated February, 10, 2023

22.75 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,173

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,101

Rank

00.00

Percentile

Enterprise and Infrastructure Software

Subindustry

00 of 443

Rank

00.00

Percentile

To view Model N’s complete esg history, request access »

Model N FAQs

  • When was Model N founded?

    Model N was founded in 1999.

  • Who is the founder of Model N?

    Zack Rinat and Yarden Malka are the founders of Model N.

  • Who is the CEO of Model N?

    Jason Blessing is the CEO of Model N.

  • Where is Model N headquartered?

    Model N is headquartered in San Mateo, CA.

  • What is the size of Model N?

    Model N has 1,089 total employees.

  • What industry is Model N in?

    Model N’s primary industry is Business/Productivity Software.

  • Is Model N a private or public company?

    Model N is a Public company.

  • What is Model N’s stock symbol?

    The ticker symbol for Model N is MODN.

  • What is the current stock price of Model N?

    As of 19-Apr-2024 the stock price of Model N is $29.62.

  • What is the current market cap of Model N?

    The current market capitalization of Model N is $1.17B.

  • What is Model N’s current revenue?

    The trailing twelve month revenue for Model N is $254M.

  • Who are Model N’s competitors?

    PROS Holdings, Wishpond Technologies, DealHub, 1WorldSync, and Teradata are some of the 28 competitors of Model N.

  • What is Model N’s annual earnings per share (EPS)?

    Model N’s EPS for 12 months was -$0.84.

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