Netgain Announces $35 Million Investment from Summit Partners to Accelerate its Mission to Modernize Accounting
DENVER, April 3, 2024 /PRNewswire/ -- Netgain, a leading software provider for finance and accounting teams, today announced a $35 million minority investment led by global growth investor Summit Partners.
- DENVER, April 3, 2024 /PRNewswire/ -- Netgain, a leading software provider for finance and accounting teams, today announced a $35 million minority investment led by global growth investor Summit Partners.
- Netgain was founded in 2018 with a mission to modernize the Office of the CFO.
- The company's founders, Nathan Smart and Adam Riches, began their careers as auditors, controllers and finance managers, experiencing firsthand the technical and time-consuming challenges that accounting and finance professionals face.
- The accounting industry is facing a significant talent exit , with declining enrollments at accounting programs and a record number of retirements.