# NetSuite

**Source:** https://www.startuphub.ai/startups/netsuite
**Profile type:** Startup

> Cloud-based enterprise resource planning and business management software

## About

NetSuite is a cloud-based enterprise resource planning (ERP) system providing comprehensive business management software for financial management, supply chain management, and customer relationship management. Acquired by Oracle in 2016, it serves thousands of companies worldwide.

## Key facts

- **Slug:** netsuite
- **Website:** https://www.netsuite.com/portal/home.shtml
- **Location:** Austin, Texas, United States
- **Founded:** 1998
- **Employees:** 3000
- **Operating status:** Active
- **Total funding:** $120M
- **Sectors / tags:** Enterprise Software, ERP Software, Cloud Computing, Financial Management Software, Supply Chain Management, CRM, Human Capital Management, eCommerce Platform, Business Intelligence, SaaS

## Frequently asked

### What does NetSuite do?

NetSuite is a cloud-based enterprise resource planning (ERP) system providing comprehensive business management software for financial management, supply chain management, and customer relationship management. Acquired by Oracle in 2016, it serves thousands of companies worldwide.

### What is NetSuite's revenue?

StartupHub estimates NetSuite's annual revenue at $741.1M (range $461.0M to $1.1B, 67% confidence), based on comparable companies in the sector.

### What is NetSuite's valuation?

StartupHub estimates NetSuite's effective valuation at $498.6M (range $300.0M to $720.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has NetSuite raised?

NetSuite has raised a total of $120M in funding. The most recent round on record is Post IPO.

### Where is NetSuite headquartered?

NetSuite is headquartered in Austin, Texas, United States.

### When was NetSuite founded?

NetSuite was founded in 1998.

### What industry does NetSuite operate in?

NetSuite operates in Enterprise Software, ERP Software, Cloud Computing, Financial Management Software, Supply Chain Management, CRM.

### How many employees does NetSuite have?

NetSuite has approximately 3000 people on record.

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