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NetSuite

#1 AI Cloud ERP

Founded 1998 United States Austin, United States 15738 employees Secondary Market Total: $157.79M Computing, IT +3

General Information

Company Name NetSuite
Founded Year 1998
Location United States Austin, United States
Founders / Decision Makers
Team member
Employees 15738
Industries Computing, IT, Mobile +2
Funding Stage Secondary Market
Social

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About NetSuite

Founded in 1998, NetSuite has established itself as a trailblazer in the cloud computing domain, being recognized as the world’s first cloud company. Operating with the slogan "Business Grows Here," the company offers an integrated system encompassing financials, ERP, inventory management, HR, professional services automation, and omnichannel commerce.

Currently headquartered in the United States, NetSuite has expanded its reach to support over 41,000 customers in 219 countries and territories, showcasing a strong global presence. The company's industry span includes Computing, IT, Mobile, SaaS, CRM, and Sales, demonstrating its versatile application across various sectors.

The last known investment in NetSuite was a substantial $17.87 million in the secondary market in February 2007, led by Meritech Capital Partners. This investment underscores the confidence investors have placed in the company due to its proven track record in delivering essential business solutions.

Business keywords: Business Applications, Enterprise Resource Planning (ERP), Financial Software, Omnichannel Commerce, Human Resources (HR), Professional Services Automation (PSA), Inventory Management, Marketing Automation, Ecommerce

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Secondary Market $17.87M 1
Meritech Capital Partners
05 Feb 2007
Debt Financing $20.00M 1
Tako Ventures
01 Mar 2006
Series H $15.00M 2
StarVest Partners, Tako Ventures
01 Apr 2005
Series G $19.95M 2
StarVest Partners, Tako Ventures
01 Jan 2004
Series F $14.97M -
03 Jul 2003
Series E $20.00M -
05 Feb 2002
Series D $30.00M 2
StarVest Partners, Tako Ventures
05 Apr 2001
Series C $20.00M 6
StarVest Partners, Invest Inc +4
20 Jun 2000

NetSuite Alternatives & Competitors

View All Alternatives
NetSuite vs
AtemisCloud
AtemisCloud United States

Business Management SaaS (CRM | Marketing | Administration | Projects | Finance | Human Resources |...

12 employees
Automation, Cloud Infrastructure
NetSuite vs
Averiware Inc
Averiware Inc United States

The Anytime, Anywhere Business Solution

2 employees
Cloud Infrastructure, Computing
NetSuite vs
Rootstock Software
Rootstock Software United States

#1 Manufacturing ERP on the Salesforce Platform

Convertible Note
141 employees
Computing, Enterprise

FAQ About NetSuite

#1 AI Cloud ERP
NetSuite was founded in 1998.
NetSuite is headquartered in Austin, United States.
NetSuite operates in Computing, IT, Mobile, SaaS and CRM and Sales. Its work centres on Business Applications, Enterprise Resource Planning (ERP), Financial Software and Omnichannel Commerce.
NetSuite has approximately 15738 employees.
NetSuite has completed 8 funding rounds, raising a total of $157.79M. The latest funding stage is Secondary Market.
Top alternatives and competitors to NetSuite include AtemisCloud, Averiware Inc, Rootstock Software, My Office Apps, Entersoft. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NetSuite and AtemisCloud 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.

Source: BounceWatch company record for NetSuite, https://bouncewatch.com/company/netsuite, updated 20 May 2026. When citing, please name BounceWatch and link this page.

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