Flexera Software Holdings Limited

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Flexera Software Holdings Limited - overview

Established

2015

Location

Warrington, -, UK

Primary Industry

Financial Services

About

Flexera Software Holdings Limited specializes in IT asset management and SaaS management solutions, empowering organizations to optimize their hybrid IT environments and enhance financial operations through innovative software platforms. Founded in 2015, Flexera Software Holdings Limited focuses on providing software solutions that streamline IT asset management and SaaS management. The company is headquartered in Itasca, Illinois, USA, and operates globally with offices in North America, Europe, and Asia-Pacific. Flexera was formed to address the increasing complexities in managing IT resources, enabling organizations to gain visibility and control over their technology assets.


Specific details about funding rounds or previous ownership changes are not available. Flexera offers a comprehensive suite of products designed to manage and optimize hybrid IT environments, focusing primarily on IT asset management (ITAM), SaaS management, and financial operations (FinOps). Their flagship platform, Flexera One, provides organizations with enhanced visibility into their technology assets across various environments, including cloud, SaaS, and on-premises systems. Flexera’s solutions cater to a diverse clientele, including large enterprises in industries such as finance, manufacturing, and public sector organizations, with a customer base extending globally, including markets in North America, Europe, and Asia-Pacific.


The end users of these products typically consist of IT asset managers, financial operations teams, and procurement departments who seek to streamline operations and enhance cost efficiencies. Flexera generates revenue primarily through a subscription-based model, offering its products and services to businesses in various sectors. Clients typically engage with Flexera through annual contracts for access to its software solutions, including Flexera One and Snow Atlas, which are integral to managing SaaS and IT assets effectively. Transactions are structured as B2B agreements, where companies partner with Flexera to leverage its technology for improved asset visibility and cost management.


Specific pricing plans for these services have not been disclosed, but they are designed to cater to varying organizational needs, ensuring that clients can optimize licensing, reduce risk, and enhance overall operational efficiency.


Primary Industry

Financial Services

Sub Industries

Financial Services

Website

http://flexera.com

Total Amount Raised

Subscriber access only

Flexera Software Holdings Limited - timeline of key events

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Flexera Software Holdings Limited - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)66,486,00081,762,00091,023,000---
% Revenue Growth (YoY)-23.0%11.3%---
EBITDA (USD)7,987,00010,584,00011,878,000---
Operating Income (USD)(5,977,000)(5,465,000)(4,810,000)---
Operating Margin(9.0%)(6.7%)(5.3%)---
% EBITDA Margin12.0%12.9%13.0%---
NET Income (USD)(7,583,000)(7,136,000)(6,532,000)---
% Net Margin(11.4%)(8.7%)(7.2%)---

Flexera Software Holdings Limited - employee data

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