IRIS Software Group Acquisition, Valuation, Funding & Investors

Totvs SA is a provider of information technology solutions to small and medium enterprises in the education, government, healthcare, and retail end markets. The Company's business purpose is to provide business solutions for companies of all sizes, through the development and sale of management software, productivity platforms, collaboration, and data intelligence, digital marketing, as well as the provision of implementation, consulting, advisory, maintenance services, e-commerce, and mobility. The Company operates in three reportable segments, which include the TOTVS Management segment, the RD Station segment, and the TOTVS Techfin segment. The majority of its revenues is generated from the TOTVS Management segment.

Freee KK is a developer of cloud-based software. Its software products include Cloud Accounting software, Cloud HR Labor software, Cloud ERP for Midsize companies, among others.

Creatio is a Boston-headquartered provider of a no-code platform that unifies CRM, workflow automation, and business process management. The platform supports sales, marketing, service, and operations teams through composable applications built without coding. Creatio serves more than 1,000 organizations worldwide, including PepsiCo, L'Oréal, and Hilti, across industries like finance, healthcare, and retail. With offices in the United States, United Kingdom, Germany, Netherlands, and Ukraine, the company employs around 800 people. Originally launched in 2002 as bpm'online, Creatio expanded its marketplace of ready-to-use apps and templates in 2023 to accelerate deployment.

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.

Workday is a software company that offers human capital management, financial management, and business planning solutions for enterprises. Known for being a cloud-only software provider, Workday was founded in 2005 and is headquartered in Pleasanton, California.

Pipefy is a low-code workflow automation platform used by finance, HR, and procurement teams to build forms, approvals, and dashboards without developers. San Francisco-headquartered with offices in Curitiba, Brazil, the company powers processes for 4,000 organizations including PepsiCo and Accenture, integrating with Google Workspace, Microsoft Teams, and SAP. Founded in 2015, Pipefy delivers pre-built templates for purchase orders and onboarding, automating 90 percent of routine tasks via AI-driven routing.

Founded in Germany in 1972 by former IBM employees, SAP is the world’s largest provider of enterprise application software. Known as the leader in enterprise resource planning software, SAP’s portfolio also includes software for supply chain management, procurement, travel and expense management, and customer relationship management, among others. The company operates in more than 180 countries and has more than 400,000 customers, approximately 80% of which are small to medium-size enterprises.

Pennylane is a cloud-based financial operations platform automating accounting, invoicing, and expense management for European SMEs. Paris-headquartered since 2019, it integrates bank feeds, payroll, and tax compliance tools from providers like Stripe and Qonto, serving over 200,000 businesses across France.

OutSystems is a low-code development platform leader headquartered in Lisbon, Portugal, enabling enterprises to build applications 10 times faster. It supports full lifecycle management with AI integration for mission-critical apps used by global brands like Mercedes-Benz and Vodafone.

o9 Solutions is a Dallas-headquartered provider of AI-powered supply chain planning platforms, enabling integrated demand forecasting, inventory optimization, and P&L analytics. The Digital Brain unifies data across sales, operations, and finance for clients like Unilever and Google. Founded in 2009, o9 Solutions serves consumer goods and retail sectors globally through cloud deployment.

Yonyou Network Technology Co Ltd with its subsidiary, is engaged in technology development, technical consulting, hardware, and peripheral equipment; property management; sales of computer software, hardware, and peripheral equipment; design, production, and others. The company also offers training programs.

Kingdee International Software Group Co Ltd is engaged in cloud services, including enterprise cloud services, small & micro business finance cloud services, and industry cloud services; and enterprise resource planning business, including development and sales of software products. It has three operating segments; Cloud services business Including enterprise cloud services, small & micro business finance cloud services, and industry cloud services, ERP business and others including sales of software and hardware products, provision of software implementation, software solution consulting, maintenance, upgrade and other supporting services, and others, and Investment Properties operating business include the Operation of investment properties.

HighRadius is a Houston-headquartered provider of cloud-based autonomous finance software for the Office of the CFO. Its platform automates accounts receivable, treasury, and record-to-report processes for industries including manufacturing, distribution, consumer products, and energy. HighRadius serves over 1,000 enterprises worldwide with AI-driven cash application and credit management tools.

ServiceTitan Inc is an end-to-end technology platform built for contractors to transform the performance of their businesses. The Company’s platform provides business owners, technicians, customer service representatives and other key office staff with technology tools designed to help customers grow revenue, drive operational efficiencies, deliver a superior end-customer experience and monitor key business drivers in real-time. The Company also has subsidiaries in Yerevan, Armenia and British Columbia, Canada that primarily serve as research and development and support centers.

Smart Fabric is a SaaS cloud ERP platform that digitizes textile production and trade processes in China. The system links downstream garment factories and brands with upstream spinning mills, printing and dyeing factories, and weaving mills by breaking down customer orders. Internet of Things integration and ordering systems coordinate fabric production across participating factories. As an intelligent dispatching center, it facilitates collaboration among suppliers, manufacturers, and factories throughout the clothing supply chain.

Zip is a San Francisco-headquartered spend management platform unifying procurement for enterprises. Launched as ZipHQ, it routes employee purchase requests through approvals involving finance, IT, and legal teams, integrating with ERP systems like NetSuite and SAP to generate POs.

Oracle Corp Japan is an information technology company. Its products cover database management, enterprise resource planning, supply chain management, data warehousing, customer relationship management, middleware, business intelligence, and application products. The firm provides cloud solutions, business solutions, industry solutions, mobile solutions, technology solutions and consulting, financing, training, cloud, and others. The company operates through three reportable segments: Cloud & License, Hardware Systems, and Services.