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- Valsoft
Valsoft Valuation, Funding & Investors
Valsoft is valued at $2B as of December 2024.
Last Valsoft valuation
$2B
Undisclosed stage · Dec 2024
Last Valsoft funding round
$150M
Undisclosed stage · Dec 2024
Cumulative funding Valsoft raised
$421M
across 3 funding rounds
Key investors in Valsoft
Viking Global Investors
Coatue
Portage Ventures
PROPELR Growth
About Valsoft
Valsoft Corporation is a Montreal-headquartered firm acquiring and scaling vertical market software businesses. It targets established SaaS providers in niche industries, integrating technology services to expand customer reach and operational efficiency across sectors like public safety, healthcare, and construction.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Investment management, Subscription
Valuation
$2B (Dec 2024)
Valsoft Valuation
Valsoft is currently valued at $2B, based on its undisclosed-stage round in December 2024.
The $150M round was led by Portage Ventures, with participation from PROPELR Growth and Viking Global Investors.
Valsoft's valuation has grown 2.0x from $1B at its undisclosed-stage round in March 2022 to $2B in December 2024, across 2 priced rounds.
Valsoft valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2024 | Undisclosed stage | $2B |
| Mar 2022 | Undisclosed stage | $1B |
Valsoft Funding History
Valsoft has raised a total of $421M across 3 funding rounds.
Valsoft's first fundraising round was a $100M undisclosed-stage round in March 2022. The most recent completed round was a $150M undisclosed-stage round in December 2024.
Valsoft funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2024 | Undisclosed stage | Portage Ventures (lead); PROPELR Growth; Viking Global Investors | $150M | $2B | Valsoft Corporation, a Montreal-based company founded in 2015, acquires and develops vertical market software (VMS) businesses, providing mission-critical solutions across diverse industries. The company has executed over 100 acquisitions, building a portfolio of industry leaders through long-term partnerships with management teams to optimize performance and expand competitive edges. On December 24-26, 2024, Valsoft raised US$150 million in growth equity funding led by Portage Capital Solutions, with participation from PROPELR Growth and existing investor Viking Global Investors. This round valued the company at over US$2 billion, underscoring its leadership in the VMS consolidation space. The new capital is earmarked to accelerate portfolio expansion into new geographies and industries, launch innovative products and services including AI-powered tools and embedded financial services via ValPay (its PayFac-as-a-Service solution), and pursue both organic and inorganic growth opportunities. Valsoft's strategy emphasizes sustainable growth without predefined investment horizons, fostering enduring value for portfolio companies and customers. CEO Sam Youssef highlighted the funding's role in capitalizing on market dynamics and enhancing the portfolio strategy. Investors praised Valsoft's execution in acquiring and operating software companies, with Portage focusing on fintech synergies and innovative monetization, and PROPELR noting it as a top late-stage growth company in Canada. This follows prior rounds: US$100 million in March 2022 led by Viking Global Investors, and US$170 million (CAD 229 million) in January 2024 led by Coatue and Viking. Canaccord Genuity advised on the latest round, positioning Valsoft as a global VMS consolidator amid strong 2024 performance including AI integrations and ValPay expansion. |
| Jan 2024 | Undisclosed stage | Coatue (lead); Viking Global Investors (lead) | $171M | - | Valsoft Corporation Inc., a Montreal-based company founded in 2015, acquires and develops vertical market software businesses, building a portfolio of leaders in niche sectors through long-term partnerships with management and customers. On January 19, 2024, Valsoft closed US$170 million (CAD $229 million) in growth funding led by Coatue and returning investor Viking Global Investors to accelerate portfolio expansion, product innovation, and consolidation in the vertical software market. The all-primary investment comprised a mix of debt and equity, following a period where the company more than doubled its business size over the prior 24 months and achieved 340% three-year revenue growth, earning a spot on Deloitte’s Technology Fast 50 list. CEO Sam Youssef highlighted the funding's role in executing strategic plans amid favorable market dynamics, without a predefined investment horizon to foster enduring value. Investors like Coatue praised Valsoft’s track record of acquisitions and growth potential in vertical software innovation. This round built on prior financing, including Viking’s $100 million USD investment in March 2022. Valsoft has signaled plans for over 50% growth in the next one to two years ahead of a potential IPO, emphasizing its portfolio strategy's compounding effects. Subsequent developments included a December 2024 $150 million equity round led by Portage Capital Solutions with Viking and PROPELR Growth, reportedly at over $2 billion valuation, marking Valsoft as Canada's fastest to reach that milestone and underscoring ongoing expansion in acquisitions and services like embedded finance and AI tools. |
| Mar 2022 | Undisclosed stage | Viking Global Investors (lead) | $100M | $1B | Valsoft Corporation is a Canadian company specializing in the acquisition and development of vertical market software businesses, focusing on mission-critical solutions in niche industries. Unlike traditional private equity or VC firms, Valsoft invests in established businesses without a predefined exit horizon, fostering long-term partnerships with management to enhance performance and growth. By March 2022, Valsoft had built a portfolio through serial acquisitions, positioning itself as a consolidator in the vertical software sector. On March 28, 2022, Valsoft announced a $100 million minority equity investment from Viking Global Investors, recognizing the scale and value of its operations and making it one of Canada's most valuable software companies. This funding, described as a major milestone, provided capital to accelerate acquisitions and investments in existing businesses, enabling Valsoft to pursue its goal of becoming a global leader in vertical market software consolidation. The investment followed a period of strong growth, with Viking selected for its alignment with Valsoft's philosophy and long-term capital commitment. Post-investment, Valsoft ramped up M&A activity, completing a record 25 acquisitions in 2022, up from 14 in 2021. This surge was enabled by Viking's capital, achieving a valuation over $1 billion and unicorn status. Viking continued participating in subsequent rounds, including a $170M raise in January 2024 led by Coatue and Viking, and a $150M round in December 2024 led by Portage Ventures with Viking and PROPELR Growth, further supporting portfolio expansion and innovation. |
Who has invested in Valsoft?
4 investors have backed Valsoft across its funding rounds, including Viking Global Investors, Coatue, Portage Ventures and PROPELR Growth.
Lead investors include Portage Ventures, Coatue and Viking Global Investors.
Valsoft Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Mar 2022 | ||
| 1 | Lead | Dec 2024 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Valsoft
Valsoft has acquired 94 companies to date.
Last acquisition by Valsoft was on April 1st 2026. Valsoft acquired NedFox for undisclosed valuation.
Latest Acquisitions by Valsoft
| Description | NedFox is an IT company offering cloud-based retail software products. | DigitalEd is a Waterloo-based provider of interactive online education platforms for STEM disciplines. Its Möbius system delivers courses with automated assessment, dynamic content generation, and multi-device access to institutions globally. Features include algorithmic question banks, immediate feedback loops, and integration with learning management systems like Canvas and Blackboard. Established in 2018 from Maplesoft heritage, the platform emphasizes mathematical modeling, physics simulations, and engineering visualizations. DigitalEd serves universities from the University of Waterloo to international partners. | KidKare by MinuteMenu is a cloud-based claiming platform for US child care providers to submit CACFP meal reimbursements electronically. Launched in 2020 from California, it automates attendance tracking, menu logging, and USDA compliance checks for 20,000 centers serving 1 million meals daily. Features include mobile claiming, audit-ready reports, and integration with state licensing systems, reducing paperwork by 90 percent. | FastMedic is a Brazil-based digital health platform streamlining public health management with tools for efficiency and improved community well-being. | |
| HQ Country | |||||
| HQ City | Emmeloord | Waterloo | New York City, NY | - | |
| Deal Date | 1 Apr 2026 | 19 Feb 2026 | 27 Jan 2026 | 12 Jan 2026 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Valsoft acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Valsoft Competitors
Valsoft competitors include listed companies like CS Disco and Shenzhen Sunwin, and private ones like Enter, ConcertAI, HoneyBook and Placer.ai.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $10M | - | $1.2B | 120.0x | ||
| Publicly listed | $157M | ($44M) | $273M | 1.0x | ||
| Private | $200M | - | $1.9B | 9.5x | ||
| Private | $80M | - | $2.4B | 30.0x | ||
| Private | $100M | - | $1.5B | 15.0x | ||
| Publicly listed | $20M | ($147M) | $687M | - |
Valsoft Public Comps
Valsoft is still privately-owned, but its public comps include Shenzhen Ysstech Info, Intsig Information, BigBear.ai, Fractal Analytics, SoundHound, Intapp, ZoomInfo, Braiin, Liftoff Mobile and iFLYHealth.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $205M | $4M | 7.2x | - | 378.8x | - | |||
| $270M | $83M | 7.8x | 6.6x | 25.2x | 23.6x | |||
| $128M | ($295M) | 8.3x | 7.6x | (3.6x) | (27.8x) | |||
| $344M | $50M | 3.7x | 3.4x | 25.8x | 21.0x | |||
| $169M | $19M | 14.6x | 11.3x | 132.5x | (35.5x) | |||
| $578M | ($16M) | 4.6x | 4.5x | (164.3x) | 20.9x | |||
| $1.2B | $326M | 2.0x | 2.1x | 7.8x | 5.1x | |||
| $73M | ($15M) | 15.8x | 13.0x | (76.1x) | 89.6x | |||
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Common questions about Valsoft
| When was Valsoft founded? | Valsoft was founded in 2015. |
| Where is Valsoft headquartered? | Valsoft is headquartered in Montreal, Canada. |
| Is Valsoft publicly listed? | No, Valsoft is a private, VC-backed company. |
| What is Valsoft's valuation? | Valsoft was last valued at $2B in its undisclosed-stage round in December 2024. |
| How much funding has Valsoft raised? | Valsoft has raised $421M across 3 funding rounds. |
| What was Valsoft's last funding round? | Valsoft's last funding round was a $150M undisclosed-stage round in December 2024, led by Portage Ventures. |
| Who are Valsoft's investors? | Valsoft's investors include Viking Global Investors, Portage Ventures, PROPELR Growth and Coatue. |
| Which companies are comparable to Valsoft? | Companies comparable to Valsoft include Enter, CS Disco, ConcertAI, HoneyBook, Placer.ai and Shenzhen Sunwin. |
| How many companies has Valsoft acquired? | Valsoft has acquired 94 companies, including NedFox, DigitalEd, KidKare by MinuteMenu, FastMedic and Jazzware. |
| What was the largest acquisition by Valsoft? | The $350M acquisition of WeSuite in April 2024 is the largest acquisition Valsoft has made to date. |
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