DevonWay

SoftwareSeries CSan Francisco, USdevonway.com

Latest round

Series C

Last raised

Dec 2010

Total raised

$14M

Investors

1

About DevonWay

Based in the US, DevonWay Inc.Founded in 2005 and headquartered in San Francisco, US, DevonWay Inc. focuses on optimizing operational processes through innovative software.DevonWay offers a comprehensive suite of software solutions designed to optimize Quality Management Systems (QMS), Environmental Health and Safety (EHS), Enterprise Asset Management (EAM), and Workforce Management (WFM). These integrated products are engineered to break down traditional silos in operational processes, providing users with a cohesive platform that promotes collaboration across departments and organizations. Key functionalities include self-service business intelligence dashboards, mobile applications for both online and offline use, and universal trending integrations that simplify data management. The solutions cater to multiple industries including energy, oil and gas, biotechnology, engineering and construction, government, and manufacturing, serving a diverse client base of organizations such as Takeda and Quaker Houghton.DevonWay’s revenue model is structured around subscription-based services, providing clients with access to their software solutions on a recurring basis. The company engages primarily in B2B transactions, establishing partnerships with organizations that require robust asset management and safety compliance tools. Clients typically subscribe to the DevonWay platform, which includes flagship products like the Contractor Assurance System (CAS) and the Computerized Maintenance Management System (CMMS). Pricing plans are designed to reflect the scale and specific needs of the enterprise, ensuring that clients receive tailored solutions that align with their operational demands.In September 2023, Ideagen Plc, a portfolio company of Hg, agreed to acquire DevonWay Inc. The acquisition aims to expand Ideagen’s offering of high-risk sector services.

Who invested in DevonWay

1 investor across 2 rounds

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Funding rounds

  1. Series C

    Dec 14, 2010

    Amount

    $7M

    Investors

    Locked

  2. Series A

    Jan 9, 2008

    Amount

    $6.5M

    Investors

    Locked

Questions about DevonWay

Who invested in DevonWay?

DevonWay has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has DevonWay raised?

DevonWay has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did DevonWay last raise money?

DevonWay's most recent round on record is a Series C, in Dec 2010.

What does DevonWay do?

DevonWay is a software company.

Where is DevonWay headquartered?

DevonWay is headquartered in San Francisco, US.

Which VCs invest in companies like DevonWay?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at DevonWay's stage. Their profiles are linked below.

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