What is Intersoft Systems?
Intersoft Systems, Inc., established in 1982, has built a robust foundation in the software industry through the acquisition of established accounting applications and a loyal user base. The company specializes in ERP software tailored for construction, general business, and public accounting firms, marketed under the Intersoft ERP brand. Its solutions are compatible with Microsoft Windows environments and feature comprehensive accounting applications with advanced report writing capabilities. Intersoft continues to enhance its offerings with modern modules, including Remote Time Clock and Marketing Management, demonstrating a commitment to evolving its product suite to meet contemporary business needs.
How much funding has Intersoft Systems raised?
Intersoft Systems has raised a total of $133K across 2 funding rounds:
Debt
$53K
Debt
$80K
Debt (2021): $53K with participation from PPP
Debt (2024): $80K led by Chase
Key Investors in Intersoft Systems
Chase
Chase, a prominent financial institution, likely provided debt financing, indicating a focus on supporting established companies with strong financial performance and growth potential through credit facilities.
PPP
Public-Private Partnership
What's next for Intersoft Systems?
With the recent influx of substantial expansion capital, Intersoft Systems is poised for significant growth and further product development. The company's late-stage funding context suggests a strategic focus on scaling operations, enhancing market penetration, and potentially integrating new technologies into its ERP solutions. This investment will likely fuel initiatives aimed at expanding its customer base and solidifying its position as a key provider of industry-specific business management software.
See full Intersoft Systems company page