# Envista Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/envista

- Industry: Software
- Headquarters: Beverly, US
- Website: www.envista.com
- Total disclosed funding: $19M
- Latest round: Series A (Dec 29, 2010)
- Investors on record: 3

## About

Envista Corporation specializes in providing innovative software solutions to improve public sector operations, focusing on automating processes and enhancing service delivery for government agencies across the United States.Founded in 2006 by Jim Barnes, Envista Corporation is headquartered in Beverly, US, and focuses on modernizing governmental processes. The company was acquired by Accela, Inc. in September 2014, although the financial terms of the deal were not disclosed. Jim Barnes previously founded other ventures, contributing to his extensive experience in the industry. Envista has completed a total of 7 deals, with its latest funding round being a Series A investment of USD 7.000 mn in September 2014, bringing its total amount raised to USD 7.000 mn and current valuation to USD 21.995 mn.Envista Corporation offers a comprehensive suite of software solutions that automate various governmental processes, such as building permitting, business licensing, and code enforcement. Their cloud-based applications enhance workflow efficiency through automated staff processes and enable residents to access community services via mobile platforms. The company serves state and local government agencies throughout the United States, including clients like Tacoma, WA, and Shelby County, TN, with a focus on increasing efficiency and transparency in urban planning.Envista's business model relies on subscription-based services, providing scalable software solutions to government agencies through annual contracts that include application access, ongoing support, and software updates. Transactions are typically conducted through direct partnerships with government entities to address community needs efficiently. While pricing structures are not disclosed, variations in pricing tiers may exist based on client agency features and size, supporting Envista's objective of delivering tailored solutions to improve governmental operations.Looking ahead, Envista plans to expand its product offerings and geographic reach. The company is focused on designing new software solutions aimed at further automating processes for government agencies, with anticipated launches in the near future. Additionally, Envista intends to target new markets across the United States to enhance service delivery capabilities. The funding received from the Series A round will support these initiatives, allowing Envista to leverage its resources for future development and expansion.

## Funding rounds

- Series A, Dec 29, 2010, $7M — Borealis Ventures, Egan Managed Capital, PJC
- Series B, Dec 1, 2010, $4.1M — Borealis Ventures, Egan Managed Capital, PJC
- Series A, Apr 10, 2009, $2.5M — Borealis Ventures, Egan Managed Capital, PJC
- Series A, Sep 26, 2006, $5M — Borealis Ventures, Egan Managed Capital, PJC

## Investors

- Borealis Ventures (https://capitalatlas.ai/funds/borealis-ventures) — Series A, Series B
- Egan Managed Capital (https://capitalatlas.ai/funds/egan-managed-capital) — Series A, Series B
- PJC (https://capitalatlas.ai/funds/pjc) — Series A, Series B