- Companies
- ISN
Last ISN valuation
$2B
Undisclosed stage · Dec 2020
Last ISN funding round
Undisclosed stage
Amount undisclosed · Dec 2020
Key investors in ISN
ISN Overview
About ISN
ISN is a Dallas, Texas provider of third-party contractor and supplier management software. Established in 2001, its subscription-based ISNetworld platform helps large enterprises source and manage contractors and suppliers while checking compliance with company, industry and regulatory standards, including training, health and safety, cyber-security and environmental, social and governance criteria. More than 650 clients, over 170 of them Fortune 500 companies, use it to manage compliance data for more than 75,000 contractor subscribers across 85 countries. ISN is employee-owned, and Bill Addy is executive chairman. In December 2020 Blackstone Growth led a significant minority investment that valued the company at over USD 2 billion and made Blackstone its only outside stockholder.
Founded
2001
HQ
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$2B (Dec 2020)
ISN Valuation
ISN is currently valued at $2B, based on its undisclosed-stage round in December 2020. Read the announcement ↗
The round included Blackstone.
ISN valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2020 | Undisclosed stage | $2B |
ISN Funding History
ISN has raised 1 funding round.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| Dec 2020 | Undisclosed stage | Blackstone | $2B | Blackstone announced on 17 December 2020 that funds it manages had made a significant minority investment in ISN, a provider of third-party contractor and supplier management software, at a valuation of over USD 2 billion. The investment was led by Blackstone Growth, and because ISN is employee-owned, Blackstone became the only outside stockholder. Blackstone said its backing would help fuel product innovation and expansion into new markets and geographies. Vini Letteri of Blackstone Growth said ISN was the kind of company the team looked to invest in because it had outgrown traditional growth equity but not Blackstone. Established in 2001, ISN's ISNetworld platform helps enterprises source and manage contractors and suppliers while ensuring compliance with training, health and safety, cyber-security and ESG criteria. More than 650 clients, over 170 of them in the Fortune 500, rely on it to manage compliance data for more than 75,000 contractor subscribers across 85 countries. Bill Addy is executive chairman of the Dallas based company. |
Who has invested in ISN?
1 investor has backed ISN across its funding rounds, including Blackstone.
ISN Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 ISN investors. Start Free Trial | ||||
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Start Free TrialISN Competitors
ISN competitors include listed companies like Wuchan Zhongda Group Co and Startia Holdings, and private ones like Front, ZenBusiness, Envoy and Instabase.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $62M | - | $1.7B | 27.4x | ||
| Private | $80M | - | $1.7B | 21.3x | ||
| Private | - | - | $1.4B | - | ||
| Private | $50M | - | $1.2B | 24.8x | ||
| Publicly listed | $90B | $1.5B | $3.9B | 0.1x | ||
| Publicly listed | $151M | $25M | $186M | 1.0x |
ISN Public Comps
ISN is still privately-owned, but its public comps include Badger Infrastructure, International Gemological, HAZAMA ANDO, Grupo GPS, Target Hospitality, Wintech Nano (Suzhou) Co, Perella Weinberg Partners, BrightView, Open Up Group and ABM Industries.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $832M | $184M | 2.8x | 2.4x | 12.7x | 10.0x | |||
| $111M | $67M | 15.4x | 11.2x | 25.6x | 18.4x | |||
| $2.8B | $300M | 0.5x | 0.5x | 5.0x | 6.2x | |||
| $3.2B | $416M | 0.6x | 0.5x | 4.5x | 5.2x | |||
| $321M | $36M | 4.3x | 3.3x | 38.9x | 13.7x | |||
| $80M | $34M | 18.5x | - | 43.1x | - | |||
| $751M | $72M | 1.6x | 1.5x | 16.5x | 10.7x | |||
| $2.7B | $307M | 1.0x | 0.9x | 8.3x | 7.4x | |||
This data is available for Pro users. Sign up to see all ISN competitors and their valuation data. Start Free Trial | ||||||||
Common questions about ISN
| When was ISN founded? | ISN was founded in 2001. |
| Where is ISN headquartered? | ISN is headquartered in Dallas, TX, United States. |
| Is ISN publicly listed? | No, ISN is a private, VC-backed company. |
| What is ISN's valuation? | ISN was last valued at $2B in its undisclosed-stage round in December 2020. |
| What was ISN's last funding round? | ISN's last funding round was a undisclosed-stage round in December 2020. |
| Who are ISN's investors? | ISN's investors include Blackstone. |
| Which companies are comparable to ISN? | Companies comparable to ISN include Front, ZenBusiness, Envoy, Instabase, Wuchan Zhongda Group Co and Startia Holdings. |
See companies similar to ISN
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