Practice Ignition

b2b fintechpaymentsaccounting/tax

FOUNDING YEAR: 2011
LOCATION: Australia
Last Update: 17/07/2020

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About

Practice Ignition offers a SaaS based accounting tool that allows users to create online proposals and simplifies and streamline the accounting workflows and other related processes of their clients.

Focus

PRODUCTS & SERVICES

Practice Ignition offers software for proposal management, client billing, recurring billing, client management, and business dashboard.

REVENUE MODEL

The company uses subscription-based revenue model and offers following plans: 1. Saturn plan which costs $399 per month if billed monthly and $299 per month if billed annually. 2. Neptune plan which costs $199 per month if billed monthly and $149 per month if billed annually. 3. Mars plan which costs $79 per month if billed monthly and $59 per month if billed annually.

MAIN CLIENTS

The company has clients which includes financial planners

advisors

tax consultants

accountants like BDO

Growthwise

The Go Game

Yoonet

EXISTING PARTNERSHIPS

Clarity Street

FGS Advisory

Maventri

Polymath

Digital CPA

Integration Kings

Get Digital Flow

Business Performance HQ

PARADOX

Multiplier Technologies

groundxero

TwentySixGroup

The Profitable Firm

COMMENT

Its unique selling point is automation. It removes the friction of on boarding and automates proposal generation, engagement letters, workflow deployment, recurring payment and client collaboration.

People

FOUNDERS

Guy Pearson

Dane Thomas

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Black Sheep Capital

Equity Venture Partners

Microequities

Real Ventures

Right Click Capital

Tiger Global Management

KEY EMPLOYEES:

Guy Pearson (CEO); Rosalind Loo (CFO/COO)

Momentum

FUNDED

YES

TOTAL FUNDING

$22.81 M

DATE OF LAST FUNDING

Sep 2019

SEED & PRIOR FUNDING

$1.21 M

SEED CLOSED ON

Dec 2015

FUNDING SERIES

SERIES A  · $3.72 M  · May 2017

SERIES B  · $17.88 M  · Sep 2019

LISTED

NO

COMMENT

Microequities Venture Capital Fund, Black Sheep Capital, Right Click Capital, TechnologyOne’s Adrian Di Marco, Craig Winkler

BASICS

FOUNDING YEAR:

2011

LOCATION:

Australia

Views:

32 VISITORS | 44 VIEWS
LATEST FUNDING ROUND

$22.8 M

TOTAL EMPLOYEES
11-50

About

Practice Ignition offers a SaaS based accounting tool that allows users to create online proposals and simplifies and streamline the accounting workflows and other related processes of their clients.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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