Jane Software Revenue, Valuation, Funding & Investors

Jane Software is valued at $600M as of January 2021, a 6.0x multiple on its last reported $100M revenue.

Last Jane Software valuation

$600M

Secondary · Jan 2021

Last Jane Software funding round

$10M

Series A · Mar 2020

Jane Software revenue

$100M

Secondary · Jan 2021

Key investors in Jane Software

  • Frontier Growth

Jane Software Overview

About Jane Software

Jane Software supplies practice management software for chiropractors, physiotherapists, massage therapists, and psychologists worldwide. Vancouver-headquartered, the platform handles online booking, calendar scheduling, SOAP notes in EMR, billing for insurance claims, telehealth, and payment collection. Jane integrates patient portals for forms and reminders across web, iOS, and Android devices.


Founded

2012

HQ

CanadaVancouver

Website

jane.app

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$100M (Jan 2021)

Valuation

$600M (Jan 2021)

Jane Software Valuation

Jane Software is currently valued at $600M, based on its secondary sale in January 2021.

Jane Software valuation by funding round

Jane Software valuation by funding round
DateStageValuationRevenue Multiple
Jan 2021Secondary$600M6.0x

Jane Software Revenue

Jane Software's latest recorded revenue is $100M, as of its secondary sale in January 2021. At a $600M valuation, that implies a 6.0x revenue multiple.

Jane Software revenue by funding round

Jane Software revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jan 2021$100M$600M6.0xSecondary

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Jane Software Funding History

Jane Software has raised a total of $10M across 1 funding round, plus 1 secondary share sale.

Jane Software funding rounds

Jane Software funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2021Secondary-$100M$600MJane Software is a Vancouver-based clinic management platform offering integrated tools for online appointments, scheduling, and billing to health clinics, launched in 2014 by co-founders Alison Taylor and Trevor Johnston. In 2021, JMI Equity purchased more than $100 million in shares from existing shareholders at a valuation eclipsing $600 million. The company achieved $100 million in annual recurring revenue as of October 2021. Jane Software has operated mostly self-funded, raising less than $10 million externally prior to secondary transactions.
Mar 2020Series AFrontier Growth (lead)$10M--

Who has invested in Jane Software?

1 investor has backed Jane Software across its funding rounds, including Frontier Growth.

Lead investors include Frontier Growth.


Jane Software Investors

Investors in Jane Software by funding rounds participated
InvestorHQRoundsRoleFirst check

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Jane Software Competitors

Jane Software competitors include listed companies like Phreesia, Heren Health, Veradigm and B-Soft Co., and private ones like Heidi Health and DocPlanner.

Public and private companies comparable to Jane Software
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PhreesiaUnited StatesUnited StatesPublicly listed$481M$27M$638M1.3x
Heren HealthChinaChinaPublicly listed$65M$11M$543M-
VeradigmUnited StatesUnited StatesPublicly listed$588M$54M$523M0.9x
B-Soft Co.ChinaChinaPublicly listed$157M($37M)$769M4.8x
Heidi HealthAustraliaSydneyPrivate$15M-$465M31.0x
DocPlannerPolandWarsawPrivate--$1B-

Jane Software Public Comps

Jane Software is still privately-owned, but its public comps include Craneware, Weave Communications, RaySearch Labs, Phreesia, Musti Group, Shang Gong Group, Heren Health, Equasens, Claritev and B-Soft Co..

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Craneware$206M$59M2.8x2.7x9.7x8.7x
Weave Communications$239M($13M)2.3x2.1x(44.4x)35.9x
RaySearch Labs$137M$59M4.4x4.2x10.1x9.3x
Phreesia$481M$27M1.3x1.3x23.2x5.3x
Musti Group$586M$67M1.4x-12.4x-
Shang Gong Group$649M$27M1.0x-23.7x-
Heren Health$65M$11M7.4x-42.4x-
Equasens$272M$75M1.9x1.8x7.0x6.7x

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Common questions about Jane Software

When was Jane Software founded?Jane Software was founded in 2012.
Where is Jane Software headquartered?Jane Software is headquartered in Vancouver, Canada.
Is Jane Software publicly listed?No, Jane Software is a private, VC-backed company.
What is Jane Software's valuation?Jane Software was last valued at $600M in its secondary sale in January 2021.
How much funding has Jane Software raised?Jane Software has raised $10M across 1 funding round.
What was Jane Software's last funding round?Jane Software's last funding round was a $10M Series A in March 2020, led by Frontier Growth.
Who are Jane Software's investors?Jane Software's investors include Frontier Growth.
What is Jane Software's revenue?Jane Software's latest recorded revenue is $100M (January 2021).
What is Jane Software's revenue multiple?Jane Software's latest valuation implies a 6.0x revenue multiple ($600M valuation on $100M of revenue).
Which companies are comparable to Jane Software?Companies comparable to Jane Software include Phreesia, Heren Health, Veradigm, B-Soft Co., Heidi Health and DocPlanner.

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