Model N (company)
Model N, Inc. is a public American software company founded in 1999 and is headquartered in San Mateo, California. The name "Model N" refers to "model next", as in 'the next big thing'.
| Type | Public |
|---|---|
| NYSE: MODN Russell 2000 Component | |
| Founded | December 1999 |
| Headquarters | , U.S. |
Area served | Worldwide |
Key people |
|
| Revenue | US$154,000,000 (2018)[1] |
Number of employees | 830 (2018)[1] |
| Website | www |
History
In 2004, the company added a Medicaid Claims Processing application to its Revenue Management Suite main product.[2]
In the spring of 2006, Model N completed an acquisition of Azerity, a software company that focused on pricing and quoting practices for the high tech industry. In early 2012, Model N acquired LeapFrogRX, an analytics company based in Waltham, Massachusetts.
In 2013, the company went public under the New York Stock Exchange ticker symbol MODN, raising about US$100,000,000.[3][4] Venture capital firm Accel-KKR backed the initial public offering.[3]
Corporate governance
In May 2018, Jason Blessing was announced as Model N's president and chief executive officer (CEO).[5][6]
References
- Johnson, Steve (7 Nov 2014). "Q&A: Zack Rinat, Chairman and CEO of Model N". Oakland Tribune. Archived from the original on 29 March 2015.
- Staff (18 Oct 2004). "Model N Medicaid Claims Processing announced". Biotech Business Week. United States: NewsRx. Archived from the original on 29 March 2015.
- Owens, Jeremy C (20 Mar 2013). "Redwood City Software Firm Model N Gets an 'A' in IPO, Stock Shoots Higher". Oakland Tribune. Archived from the original on 29 March 2015.
- "Model N jumps in 1st day on NYSE". Associated Press. 20 Mar 2013. Archived from the original on 29 March 2015.
- "Model N Appoints Jason Blessing as Chief Executive Officer". 8 May 2018.
- "Leadership".