# LeaseAccelerator Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/leaseaccelerator-services

- Industry: Software
- Headquarters: Raleigh, US
- Website: https://explore.leaseaccelerator.com/
- Total disclosed funding: $30M
- Latest round: Series B (Jun 26, 2018)
- Investors on record: 1

## About

LeaseAccelerator Services, LLC, based in the US, provides specialized software solutions for lease lifecycle management, automating and optimizing leasing processes for enterprises across various sectors.Founded in 2003 and headquartered in Raleigh, US, LeaseAccelerator Services, LLC delivers lease management solutions. The firm has successfully completed 5 deals, with the most recent being a Series B funding round of USD 30.00 mn from Insight Partners. Michael Keeler and Michael Lees serve as CEOs, overseeing the company's operations and strategic initiatives. The company's latest deal occurred on July 11, 2024, when it was acquired by insightsoftware Inc., enhancing its lease accounting capabilities and global reach.LeaseAccelerator specializes in lease lifecycle management solutions that automate and optimize leasing processes. Their core platform enables organizations to manage leases from origination to termination while ensuring compliance with financial regulations such as ASC 842 and IFRS 16. The software integrates with ERP systems, providing accurate financial reporting and visibility into lease portfolios. Targeting sectors like retail, healthcare, and manufacturing, LeaseAccelerator offers tailored solutions to address unique leasing challenges, with a strong presence in North America and Europe.LeaseAccelerator's primary revenue model is subscription-based, allowing clients access to its lease management software through various pricing plans. Typically, clients enter annual contracts with tiered pricing based on user numbers and lease volumes. The Lease Management Platform is central to their offerings, facilitating streamlined lease administration and compliance. This structure fosters ongoing client relationships, emphasizing mutual growth and efficiency in leasing processes.Following the acquisition on July 11, 2024, the company aims to strengthen its capabilities in lease accounting and administration. The acquisition will expand insightsoftware Inc.'s global presence, and the integration of LeaseAccelerator's services is expected to enhance their product offerings. Future plans may include developing new products and expanding into additional markets, although specific details on new products or market targets have not been disclosed.

## Funding rounds

- Series B, Jun 26, 2018, $30M — Insight Partners

## Investors

- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B