Spotlight on: Onspring
Description
Developer of business process automation software designed for enterprise operations. The company’s platform builds an internal audit plan, track projects, manage findings and report in real-time, captures the control library, perform design and operating tests, manage issues, identifies and evaluate risks, prepares response plans, and monitor at all levels, and facilitates vendor management, enabling clients to manage data, workflow, automation, and reporting on their terms of zero custom code.
Most Recent Financing Status (As of May 2023)
The company received an undisclosed amount of debt financing in the form of a loan from Capital IP Investment Partners on May 9, 2023. The funds will be used to accelerate product development and hiring plans.
Founder and Chairman: Chris Pantaenius, chirs@onspring.com, +1 (913) 601-4900
HQ Location: 10801 Main Street Suite 400 Overland Park, KS 66210
Employees: 83 (as of December 2023)
Growth Rate: -1.33% Weekly Growth (4th percentile)
Size Multiple: 4.73X Median (82nd percentile)
Institutional Investor:
- KCSourceLink
To learn more about Lateral, visit their website or follow them on LinkedIn.
Source: Pitchbook, November 2023
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