N-able (Formerly GFI Max, Hounddog Technology, Logicnow, Solarwind MSP UK)
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 264m | 303m | 346m | 372m | 422m | 464m | 510m |
% growth | 15 % | 15 % | 14 % | 7 % | 13 % | 10 % | 10 % |
EBITDA | 91.1m | 89.4m | 65.8m | 73.7m | 96.2m | - | - |
% EBITDA margin | 35 % | 30 % | 19 % | 20 % | 23 % | - | - |
Profit | (2.5m) | (7.2m) | <1m | 16.7m | 23.4m | - | - |
% profit margin | (1 %) | (2 %) | - | 4 % | 6 % | - | - |
R&D budget | 37.2m | 42.7m | 54.0m | 63.5m | 78.2m | - | - |
R&D % of revenue | 14 % | 14 % | 16 % | 17 % | 19 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | - | ||
N/A | N/A | Growth Equity VC | |
$120m Valuation: $120m | Acquisition | ||
N/A | Merger | ||
* | $225m | Private Placement VC | |
N/A | N/A | IPO | |
* | $182k | Post IPO Equity | |
Total Funding | €205m |
Related Content
Recent News about N-able (Formerly GFI Max, Hounddog Technology, Logicnow, Solarwind MSP UK)
EditN-able, formerly known as SolarWinds MSP, provides a suite of IT management solutions tailored for Managed Service Providers (MSPs). The company offers a range of tools designed to streamline IT service management workflows, enhance security, and improve overall efficiency. Key offerings include remote support tools, endpoint detection and response powered by AI and machine learning, and cloud-first backup solutions. These tools are designed to be user-friendly, feature-rich, and affordable, making them accessible to a wide range of MSPs. N-able serves clients in the IT service industry, helping them to protect their clients' data, manage IT environments efficiently, and deliver outstanding service. The company operates in the global IT management market and generates revenue through subscription-based pricing models for its software solutions. N-able's business model focuses on providing essential IT management tools without unnecessary complexity, ensuring seamless integration with other products and services. The company also offers extensive training and support resources to help MSPs succeed.
Keywords: IT management, MSP, remote support, endpoint protection, AI, machine learning, cloud backup, cybersecurity, efficiency, subscription-based.