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EngageSmart

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EngageSmart is a leading provider of vertically tailored customer engagement software and integrated payments solutions

Braintree, United StatesFounded 2009Fintech
Valuation $3.88B Market cap · 2024
Revenue $575M Latest reported FY
EBITDA $118M Latest reported FY

About EngageSmart

EngageSmart, through its subsidiaries InvoiceCloud and SimplePractice, offers specialized digital solutions aimed at enhancing the billing, payment, and practice management experiences for its clients. The company primarily serves businesses and professionals who require efficient and user-friendly platforms to manage their financial transactions and client interactions.

InvoiceCloud focuses on simplifying the digital billing and payment process. It provides a Software-as-a-Service (SaaS) solution, which means clients can access the software over the internet without needing to install it on their own computers. This service is particularly beneficial for businesses that need to offer their customers a seamless and modern payment experience. By leveraging the latest technology, InvoiceCloud ensures that transactions are smooth and secure, which is crucial for maintaining customer satisfaction and loyalty.

SimplePractice, on the other hand, is an all-in-one Electronic Health Record (EHR) software. It is designed to help healthcare practices stay organized and efficient, whether they operate in-person, virtually, or both. This software allows healthcare professionals to manage patient records, schedule appointments, and handle billing all in one place, making it easier for them to focus on patient care.

EngageSmart operates in the digital solutions market, targeting sectors that require robust customer engagement and integrated payment systems. The company's business model revolves around providing subscription-based services, where clients pay a recurring fee to use their software. This model ensures a steady revenue stream and allows EngageSmart to continuously update and improve its offerings.

In summary, EngageSmart makes money by offering subscription-based digital solutions that enhance billing, payment, and practice management processes for businesses and healthcare professionals. Their focus on seamless customer experiences and cutting-edge technology sets them apart in the market.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2009
Headquarters
Braintree, United States
Listing
IPO 2021
Sector
Fintech
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later3 investors entered at this stage

Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown
Web traffic by country
520 monthly visits
across markets
🇨🇦 Canada96.2%
🇺🇸 United States0%
Top 2 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EngageSmart on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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