Drake Software Overview
- Year Founded
-
1977
- Status
-
Private
- Employees
-
1,000
- Latest Deal Type
-
Div. Recap.
- Financing Rounds
-
6
- Investments
-
4
Drake Software General Information
Description
Developer of financial software intended to be used by tax preparers. The company provides the tools and resources that tax professionals need, thereby enabling them to build their businesses and attract new clients.
Contact Information
Website
www.drakesoftware.comCorporate Office
- 235 East Palmer Street
- Franklin, NC 28734
- United States
Corporate Office
- 235 East Palmer Street
- Franklin, NC 28734
- United States
Drake Software Timeline
Drake Software Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Drake Software Comparisons
Industry
Financing
Details
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Drake Software Competitors (21)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Finicity | Formerly VC-backed | Salt Lake City, UT | 000 | 000.00 | 000000&0 | 000.00 |
| PayPal Holdings | Formerly VC-backed | San Jose, CA | 00000 | 000.00 | 000000000 00 | 000.00 |
| Kashoo Cloud Accounting | Corporate Backed or Acquired | Vancouver, Canada | 00 | 000000000000 | ||
| Unit4 | Private Equity-Backed | Dordrecht, Netherlands | 0000 | 00000 | 000000000 00 | 00000 |
| Exact Software | Private Equity-Backed | Delft, Netherlands | 0000 | 00000 | 000000000 00 | 00000 |
Drake Software Executive Team (8)
| Name | Title | Board Seat |
|---|---|---|
| Phil Drake | Founder, President & Board Member | |
| Jennifer Dills | Chief Financial Officer | |
| Suzanne Vanderpool | Chief Compliance Officer | |
| John Sapp | Vice President | |
| Josh Drake | Vice President of Marketing and Education |
Drake Software Board Members (1)
| Name | Representing | Role | Since |
|---|---|---|---|
| 00000000 000000 | Self | Board Member | 000 0000 |
Drake Software Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Drake Software Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Drake Software Investments & Acquisitions (4)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| TaxACT | 19-Dec-2022 | 0000000000 | 00000 | Financial Software | |
| Florie | 24-Nov-2022 | 000000000 | 00.00 | Enterprise Systems (Healthcare) | 00000 000 |
| Tanjo | 01-Jan-2015 | 00000 0000 | Business/Productivity Software | 0000 0000 | |
| GruntWorx | 17-Aug-2011 | Merger/Acquisition | Systems and Information Management |
Drake Software Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| GruntWorx | Systems and Information Management | Hampton, NH | 2005 |
| TaxACT | Financial Software | Dallas, TX | 0000 |
Drake Software FAQs
-
When was Drake Software founded?
Drake Software was founded in 1977.
-
Who is the founder of Drake Software?
Phil Drake is the founder of Drake Software.
-
Where is Drake Software headquartered?
Drake Software is headquartered in Franklin, NC.
-
What is the size of Drake Software?
Drake Software has 1,000 total employees.
-
What industry is Drake Software in?
Drake Software’s primary industry is Financial Software.
-
Is Drake Software a private or public company?
Drake Software is a Private company.
-
What is Drake Software’s current revenue?
The current revenue for Drake Software is 000000.
-
How much funding has Drake Software raised over time?
Drake Software has raised $31.2M.
-
Who are Drake Software’s investors?
Cinven has invested in Drake Software.
-
Who are Drake Software’s competitors?
Finicity, PayPal Holdings, Kashoo Cloud Accounting, Unit4, and Exact Software are some of the 21 competitors of Drake Software.
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