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

Deskera Overview

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

United StatesMinneapolis, MN

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

Deskera valuation by funding round
DateStageValuation
May 2019Series 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

Deskera funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Dec 2023SeedMercurius 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 2019Series ANAVER (lead)$100M$495MDeskera 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 2018Series ACisco 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 2017Undisclosed stageSoftBank 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

Investors in Deskera by funding rounds participated
InvestorHQRoundsRoleFirst check
Tembusu PartnersSingaporeSingapore2ParticipantJun 2017
Mercurius Media CapitalUnited StatesSan Francisco, CA1ParticipantDec 2023
SoftBank GroupJapanTokyo1ParticipantJun 2017
Partner Asset Management--1ParticipantJun 2017
Aris Prime PartnerSingaporeSingapore1ParticipantJun 2017
Cisco InvestmentsUnited StatesUnited States1ParticipantNov 2018
Tikehau CapitalFranceFrance1ParticipantJun 2017
Brand Capital InternationalUnited StatesSan Francisco, CA1ParticipantJun 2017
Susquehanna International GroupUnited StatesPhiladelphia, PA1ParticipantNov 2018
NAVERSouth KoreaSeongnam1LeadMay 2019

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Deskera Competitors

Deskera competitors include listed companies like Freee, TOTVS, Workday and SAP, and private ones like Wrapbook and Patriot Software.

Public and private companies comparable to Deskera
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
FreeeJapanJapanPublicly listed$214M$6M$1.5B4.8x
TOTVSBrazilBrazilPublicly listed$1.1B$318M$3.8B3.2x
WorkdayUnited StatesUnited StatesPublicly listed$9.6B$1.2B$48B4.7x
SAPGermanyGermanyPublicly listed$42B$13B$248B5.4x
WrapbookUnited StatesNew York City, NYPrivate--$750M-
Patriot SoftwareUnited StatesCanton, OHPrivate-$3M$205M-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Huitongda Network$7.8B$112M0.0x0.0x0.3x0.3x
Koal Software$53M($9M)8.6x7.4x(49.8x)63.7x
Datamatics Global Services$207M$36M2.1x2.0x12.0x10.8x
Business Engineering$157M$49M2.9x2.8x9.2x-
Teamshares$472M($23M)1.7x1.4x(35.0x)33.2x
Miroku Jyoho Service$315M$58M1.1x1.1x6.0x-
Hangzhou Anysoft$150M$15M5.5x-54.3x-
Nordtech Group$72M$15M5.1x-25.2x-

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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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