RALEIGH – Acquistions continue for Raleigh-based insightsoftware, and the latest one is not inconsequential. Nine-time Inc. 5000 member Certent is now part of a growing portfolio that has expanded with 16 deals since insightsoftware was formed in 2018.

Barclays, FedEx, easyJet, Vodafone PLC, and Chipotle are among Centent customers.

“Certent represents a natural expansion of our market-leading software portfolio for the Office of the CFO. Its disclosure solutions strengthen our existing reporting capabilities, while the addition of equity solutions simplify the complex processes associated with managing capitalization tables,” said Jim Triandiflou, CEO of insightsoftware, in Thursday’s announcement. “Together, our customers and partners will benefit from even stronger, more comprehensive close and consolidation and reporting tools, along with expanded worldwide services and support.”

According to Crunchbase, Certent has raised more than $21 million in venture capital. Its 2020 Inc. 5000 rank a no. 4519 was based on 71% growth in revenue over the last three years. Other Inc. 5000 rankings: No. 3652 (2019), No. 3083 (2018), No. 2353 (2017), No. 2415 (2016), No. 3053 (2015), No. 3562 (2014), No. 3438 (2013), No. 629 (2010)

Financial terms were not disclosed.

Certent, a software-as-a-service firm focused on financial disclosure management, is based in Roseville, Calif. It launched in 2002. The firm also has offices in the U.K., Canada and Romania.

Offerings include:

  • equity management and reporting
  • administration
  • capitalization table management
  • internal and external disclosure reporting

insightsoftware focuses on meeting the needs for chief financial officers.

With Certent, finance and accounting professionals are able to move beyond the traditional use of static spreadsheets to web-based solutions that make it easy to manage complex equity plans and cap tables, transmit equity and capital information between data sources, such as the brokerage service, transfer agent service, and payroll provider, and to automate the end-to-end internal and external reporting cycle, including XBRL, ESEF, and other regulatory filing requirements,” insightsoftware explained in the announcement. “This results in reduced risk, tightened compliance, improved productivity, and higher employee satisfaction.”

‘Another one:’ 2-year-old Raleigh insightsoftware makes 15th acquisition