How Practice Ignition hit $24M Revenue with 5K customers in 2022.
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
Practice Ignition Revenue
In 2022, Practice Ignition revenue run rate hit $24M in revenue.
Practice Ignition hit $24M in revenue in 2021
Practice Ignition hit $9.7M in revenue in 2021
Practice Ignition hit $1M in revenue in 2017
Practice Ignition launched in 2013 with $0 revenue
Practice Ignition Funding History
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2021 Series C
Practice Ignition raised a Series C of $50M at a $330M valuation in November 2021
2019 Series B
Practice Ignition raised a Series B of $18.9M at a $70M valuation in September 2019
2017 Series A
Practice Ignition raised a Series A of $3.6M at a $11M valuation in May 2017
2015 Seed Round
Practice Ignition raised a Seed Round of $1.1M
2014 Seed Round
Practice Ignition raised a Seed Round of $871.3K
2014 Seed Round
Practice Ignition raised a Seed Round of $471.9K
2012 Angel Round
Practice Ignition raised a Angel Round of $110K
Practice Ignition has 150 total employees and 22 sales reps that carry a quota. They have 5000 customers an engineering team of 20 and a marketing team of 20
Total team size
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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Practice Ignition has 5K customers.
Average Annual Price
Practice Ignition has an annual churn rate of 0.00%.