PurchasingNet Overview

  • Year Founded
  • 1983

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 2

PurchasingNet General Information

Description

Provider of e- procurement and e- payable software services. The company offers Web-based e- procurement and e- payable software to mid- and large-sized companies. It serves customers in Financial Services, Retail/Consumer Products, Professional Services, Media/Publishing, and a variety of other industries.

Contact Information

Website
purchasingnet.com
Formerly Known As
American Tech
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • 125 Half Mile Road
  • Red Bank, NJ 07701
  • United States
Primary Industry
Financial Software
Acquirer
Versata
Vertical(s)
TMT, FinTech, B2B Payments
Corporate Office
  • 125 Half Mile Road
  • Red Bank, NJ 07701
  • United States

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PurchasingNet Valuation & Funding

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

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PurchasingNet Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of e- procurement and e- payable software services. The company offers Web-based e- procurement and e- payable
Financial Software
Red Bank, NJ

Espoo, Finland
 
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PurchasingNet Competitors (1)

One of PurchasingNet’s competitors is Basware, a Private Equity-Backed company based in Espoo, Finland.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Basware Private Equity-Backed Espoo, Finland
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PurchasingNet Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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PurchasingNet FAQs

  • When was PurchasingNet founded?

    PurchasingNet was founded in 1983.

  • Where is PurchasingNet headquartered?

    PurchasingNet is headquartered in Red Bank, NJ.

  • What industry is PurchasingNet in?

    PurchasingNet’s primary industry is Financial Software.

  • Is PurchasingNet a private or public company?

    PurchasingNet is a Private company.

  • What is PurchasingNet’s current revenue?

    The current revenue for PurchasingNet is .

  • Who are PurchasingNet’s investors?

    ESW Capital has invested in PurchasingNet.

  • Who are PurchasingNet’s competitors?

    Basware is a competitor of PurchasingNet.

  • When was PurchasingNet acquired?

    PurchasingNet was acquired on 31-Dec-2009.

  • Who acquired PurchasingNet?

    PurchasingNet was acquired by Versata.

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