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Cradle Inc. logo — Cradle is a cloud-based lease accounting solution that autom...

Cradle Inc.

Cradle is a cloud-based lease accounting solution that automates ASC 842 & IFRS 16 financial reporting requirements.

Founded 2019 Canada Toronto, Canada 5 employees SaaS

General Information

Company Name Cradle Inc.
Founded Year 2019
Location Canada Toronto, Canada +1
Employees 5
Industries SaaS
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About Cradle Inc.

Cradle Inc. is a promising player in the SaaS industry, specializing in cloud-based lease accounting. Founded in 2019 and headquartered in Canada, the company is carving a niche by automating financial reporting requirements under several major accounting standards, including ASC 842, IFRS 16, GASB 87, and GASB 96.

Cradle offers a comprehensive solution aimed at simplifying and standardizing lease accounting processes, leveraging cutting-edge automation technology. It acts as a centralized platform, or 'command center,' empowering businesses to efficiently manage their entire lease portfolios.

The company has yet to disclose any external investments, indicating potential virgin territory for venture capital. With no past investment records available, early investors could capitalize on Cradle's growth trajectory in a space marked by increasing complexity and demand for advanced compliance solutions.

Taxonomy: Lease Accounting Software, Cloud-Based Solution, ASC 842 Compliance, IFRS 16 Compliance, GASB 87 Compliance, GASB 96 Compliance, Financial Reporting Automation, Process Standardization, Accounting Automation, Lease Portfolio Management, Compliance Management, Web-Based Command Center

Services & Products

Lease accounting software
Automated compliance with accounting standards
Foreign exchange conversion for lease portfolios
Customizable lease management system
Financial reporting and auditing

Target Customers

Accounting Departments Corporate Finance Teams Multinational Corporations Companies managing lease portfolios Accountants seeking automated solutions

No funding data available for Cradle Inc. yet.

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Cradle Inc. Alternatives & Competitors

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Cradle Inc. vs
LeaseCrunch
LeaseCrunch United States

The easiest lease accounting software on the market.

Private Equity
54 employees
Cloud Infrastructure, Financial Services
Compare Cradle Inc. vs LeaseCrunch
Cradle Inc. vs
DebtBook
DebtBook United States

Modern treasury & accounting software designed to help state & local government, higher education, h...

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138 employees
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Cradle Inc. vs
Occupier - We ❤️ Leases!
Occupier - We ❤️ Leases! United States

Power your entire lease lifecycle.

Series A
31 employees
Prop Tech, Real Estate
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FAQ About Cradle Inc.

Cradle is a cloud-based lease accounting solution that automates ASC 842 & IFRS 16 financial reporting requirements.
Cradle Inc. was founded in 2019.
Cradle Inc. is headquartered in Toronto, Canada.
Cradle Inc. operates in the following industries: SaaS.
Cradle Inc. has approximately 5 employees.
Cradle Inc. offers: Lease accounting software, Automated compliance with accounting standards, Foreign exchange conversion for lease portfolios, Customizable lease management system, Financial reporting and auditing.
Top alternatives and competitors to Cradle Inc. include LeaseCrunch, DebtBook, Occupier - We ❤️ Leases!, Visual Lease, Leasecake. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cradle Inc. and LeaseCrunch are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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