What is Constellation software?

Constellation software

The constellation software company is based in Toronto, Ontario, Canada. It is an international market-leading software company that is used by a handful of industries. Both the public and private sectors have been using constellation software. The vision and aim of this software company are to manage, build and acquire market-leading software businesses. It aims to develop specialized, mission-critical software solutions that address some specific needs of various industries.

The software company was established back in 1995. The initial aim was to assemble a portfolio of vertical market software companies which are eligible to lead their respective industries and markets. Since the beginning of its journey, the company has been constantly successful in its growth. It has been both acquisitions and organic growth. The company has made a large and diverse customer base with 14000 customers all over the world. 

1. What is the funding of Constellation software?

Over the last 2 rounds, this software has raised a total of $130.7M. This software company is registered under the ticker TSX: CSU. There are 4 investors behind this software among which the BMO Capital Markets and RBC Capital Markets are the most recent two. They have acquired 9 organizations and Tune is the latest one. The latest acquisition with Tune happened on 19th May 2020.

2. What are the Sub Organizations of Constellation software?

  • Volaris Group: Volaris Group Strengthens businesses within the markets they compete and enables them to grow.
  • Vela Software: Vela acquires, manages, and builds specific software businesses which provide specialized, mission-critical software solutions.
  • Total Specific Solutions: Total Specific Solutions (TSS) B.V. provides IT consulting and database management services. 

3. What are the alternatives to Constellation software?

3.1. Verizon Connect is a top alternative to Constellation software. It helps to manage and monitor your mobile workforce with utmost efficiency.

3.2. FreightView software is another promising alternative to constellation software. It is a standalone transportation management system used by medium to small-sized businesses.

3.3. Shipsy software is a data-driven decision-making software solution that helps in supply chain and logistics. 

3.4. Descartes Aljex is a cloud-based software designed for logistics and brokers. This software can be used anywhere, at any time. It helps individual brokers to enterprise-level organizations. 

3.5. Cargobase manages and procures the freight software data from preselected providers. It is one of the most promising alternatives to constellation software. 

Summary;

The software company was established back in 1995. The initial aim was to assemble a portfolio of vertical market software companies that are eligible to lead their respective industries and markets. Since the beginning of its journey, the company has been constantly successful in its growth. It has been both acquisitions and organic growth. There are 4 investors behind this software among which the BMO Capital Markets and RBC Capital Markets are the most recent two. They have acquired 9 organizations and Tune is the latest one. The latest acquisition with Tune happened on 19 May 2020. 

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Andrew is a professional writer with 7+ Years of experience. His style and uniqueness inspire and educate readers throughout the world.

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Andrew is a professional writer with 7+ Years of experience. His style and uniqueness inspire and educate readers throughout the world.

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