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- Deskera
Deskera Valuation, Funding & Investors
Deskera is valued at $495M as of May 2019.
Last Deskera valuation
$495M
Series A · May 2019
Last Deskera funding round
$3M
Seed · Dec 2023
Cumulative funding Deskera raised
$183M
across 4 funding rounds
Key investors in Deskera
Tembusu Partners
SoftBank Group
Cisco Investments
Jungle Ventures
Susquehanna International Group
NAVER
About Deskera
Deskera is a cloud-based ERP suite designed for small and medium enterprises, encompassing modules for financial accounting, customer relationship management, inventory control, project management, and human resources. Singapore-headquartered, Deskera serves over 10,000 businesses across Asia-Pacific, Middle East, and North America with its SaaS platform. Key features include automated invoicing, multi-currency support, and real-time reporting dashboards. The company integrates with payment gateways like Stripe and PayPal, facilitating seamless e-commerce operations. Established in 2008, Deskera emphasizes mobile accessibility for on-the-go management.
Founded
2008
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$495M (May 2019)
Deskera Valuation
Deskera is currently valued at $495M, based on its Series A in May 2019.
The $100M round was led by NAVER.
Deskera valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| May 2019 | Series A | $495M |
Deskera Funding History
Deskera has raised a total of $183M across 4 funding rounds.
Deskera's first fundraising round was a $20M undisclosed-stage round in June 2017. The most recent completed round was a $3M seed round in December 2023.
Deskera funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2023 | Seed | Mercurius Media Capital | $3M | - | Deskera raised a Convertible Note of $2.8 million on December 1, 2023, with Mercurius Media Capital as an investor. This was Deskera's latest funding round at the time, bringing total funding to $162.8 million across five rounds. Mercurius Media Capital, a U.S.-based media-for-equity venture fund launched in December 2023, invests advertising inventory in exchange for equity stakes in high-growth companies including Deskera, a B2B SaaS ERP provider. |
| May 2019 | Series A | NAVER (lead) | $100M | $495M | Deskera is a Singapore-based cloud-based software provider offering an all-in-one business platform with features like accounting, inventory, CRM, payroll, and HRMS. In May 2019, it reportedly raised more than US$100 million in an extended Series A funding round from an entity linked to South Korea's Naver, confirmed via the Mirae Asset-Naver Asia Growth Fund. This investment supported the company's growth in enterprise resource planning solutions for businesses. The round, described across multiple reports, marked a significant extension of Deskera's Series A efforts, positioning it as a key player in the SaaS space for SMEs, particularly in Asia. One source lists a funding date of November 23, 2018, but aligns with the same $100M round context. |
| Nov 2018 | Series A | Cisco Investments; Susquehanna International Group; Tembusu Partners; Jungle Ventures; InnoVen Capital | $60M | - | Deskera is a cloud-based enterprise resource planning (ERP) software company targeting small and medium-sized businesses with all-in-one solutions for operations, MRP, and data access across devices. On 26 November 2018, around the specified date, Deskera raised over US$60 million in a funding round led by investors including Cisco Investments, InnoVen Capital, Jungle Ventures, Susquehanna International Group, and Tembusu Partners. The company reported crossing S$100 million in revenue for FY17, the fiscal year ending prior to the round announcement, providing key traction evidence amid rapid SaaS growth in Southeast Asia. Other references mention a US$100 million deal for Deskera but attribute it to May, indicating a potentially separate transaction. Deskera, founded in 2008 and based in Singapore with U.S. operations, positioned itself as a premium cloud platform amid rising fintech and enterprise software investments in the region. |
| Jun 2017 | Undisclosed stage | SoftBank Group; Partner Asset Management; Aris Prime Partner; Tikehau Capital; Brand Capital International; Tembusu Partners | $20M | - | - |
Who has invested in Deskera?
12 investors have backed Deskera across its funding rounds, including Tembusu Partners, SoftBank Group, Cisco Investments, Jungle Ventures, Susquehanna International Group and NAVER.
Lead investors include NAVER.
Deskera Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Jun 2017 | ||
| 1 | Participant | Dec 2023 | ||
| 1 | Participant | Jun 2017 | ||
| -- | 1 | Participant | Jun 2017 | |
| 1 | Participant | Jun 2017 | ||
| 1 | Participant | Nov 2018 | ||
| 1 | Participant | Jun 2017 | ||
| 1 | Participant | Jun 2017 | ||
| 1 | Participant | Nov 2018 | ||
| 1 | Lead | May 2019 | ||
This data is available for Pro users. Sign up to see all 12 Deskera investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialDeskera Competitors
Deskera competitors include listed companies like Freee, TOTVS, Workday and SAP, and private ones like Wrapbook and Patriot Software.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $214M | $6M | $1.5B | 4.8x | ||
| Publicly listed | $1.1B | $318M | $3.8B | 3.2x | ||
| Publicly listed | $9.6B | $1.2B | $48B | 4.7x | ||
| Publicly listed | $42B | $13B | $248B | 5.4x | ||
| Private | - | - | $750M | - | ||
| Private | - | $3M | $205M | - |
Deskera Public Comps
Deskera is still privately-owned, but its public comps include Huitongda Network, Koal Software, Datamatics Global Services, Business Engineering, Teamshares, Miroku Jyoho Service, Hangzhou Anysoft, Nordtech Group, Baiwang Cloud and AdvancedAdvT.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $7.8B | $112M | 0.0x | 0.0x | 0.3x | 0.3x | |||
| $53M | ($9M) | 8.6x | 7.4x | (49.8x) | 63.7x | |||
| $207M | $36M | 2.1x | 2.0x | 12.0x | 10.8x | |||
| $157M | $49M | 2.9x | 2.8x | 9.2x | - | |||
| $472M | ($23M) | 1.7x | 1.4x | (35.0x) | 33.2x | |||
| $315M | $58M | 1.1x | 1.1x | 6.0x | - | |||
| $150M | $15M | 5.5x | - | 54.3x | - | |||
| $72M | $15M | 5.1x | - | 25.2x | - | |||
This data is available for Pro users. Sign up to see all Deskera competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Deskera
| When was Deskera founded? | Deskera was founded in 2008. |
| Where is Deskera headquartered? | Deskera is headquartered in Minneapolis, MN, United States. |
| Is Deskera publicly listed? | No, Deskera is a private, VC-backed company. |
| What is Deskera's valuation? | Deskera was last valued at $495M in its Series A in May 2019. |
| How much funding has Deskera raised? | Deskera has raised $183M across 4 funding rounds. |
| What was Deskera's last funding round? | Deskera's last funding round was a $3M seed round in December 2023. |
| Who are Deskera's investors? | Deskera's investors include Tembusu Partners, Mercurius Media Capital, SoftBank Group, Partner Asset Management, Aris Prime Partner, Cisco Investments, Tikehau Capital, Brand Capital International, Susquehanna International Group, NAVER and 2 others. |
| Which companies are comparable to Deskera? | Companies comparable to Deskera include Freee, TOTVS, Workday, SAP, Wrapbook and Patriot Software. |
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