Practice Ignition logo
Founded 2013

Practice Ignition

2021 Revenue





How Practice Ignition hit $24.0M in Revenue with 5K Customers in 2021.

About Practice Ignition

Provider of an accounting software created to automate elements of the accounting process. The company's software automates the creation and acceptance of legal engagement documents to offer real-time quotes by allowing customers to accept recurring and one-off payments directly on the proposal, enabling clients to automatically raise and reconcile the invoice as well as sends that invoice to the customers every single month.|client engagement & commerce platform for professional services businesses

Monthly Revenue


$0.0 (0.00%)
Total Expenses


Net Income


Ebidta Margin


YOY Growth

Rule of 40




Practice Ignition Revenue

In 2021, Practice Ignition revenue run rate hit $24.0M in revenue.


Practice Ignition Valuation and Funding History

Practice Ignition has raised a total of $75.1M.

Why are so many SaaS founders taking money from instead of VC's?
Funding DateRoundAmountTotalValuation
11/17/2021Series C$50.0M$330.0M
09/14/2019Series B$18.9M$70.0M
05/29/2017Series A$3.6M$11.0M
12/05/2015Seed Round$1.1M
12/24/2014Seed Round$871.3K
02/21/2014Seed Round$471.9K
12/31/2012Angel Round$110.0K


Practice Ignition has 5K customers.

Lifetime Months

Monthly ARPU


Lifetime Dollars

Acquisition Cost

Average Annual Price




Practice Ignition has an annual churn rate of 0.00%

Churn vs Expansion

Gross Annual Dollar Churn


Annual Dollar Expansion


Net Revenue Retention




Practice Ignition has 150 employees. They have 22 sales reps that carry a quota They have an engineering team of 20. and a marketing team of 20.


Total Team Size



20 (13%)


22 (15%)


20 (13%)


Guy Pearson

Guy Pearson has more than a decade of experience in Professional Services. He is a Chartered Accountant, Chairman of Interactive Accounting, a progressive accounting firm he founded in 2009, and an angel investor in a portfolio of companies. Today Guy is CEO and Founder of Practice Ignition, the world’s first client engagement and commerce platform for professional services businesses.


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Frequently Asked Questions about Practice Ignition

When was Practice Ignition founded?

Practice Ignition was founded in 2013.

Who is the CEO of Practice Ignition?

The CEO of Practice Ignition is Guy Pearson

How many employees does Practice Ignition have?

Practice Ignition has 150 employees.

How much revenue does Practice Ignition generate?

Practice Ignition generates $24.0M in revenue.

How much funding does Practice Ignition have?

Practice Ignition has raised $75.1M.

Where is Practice Ignition headquarters?

Practice Ignition is headquartered at Australia

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