Comindware

4.5★★★★★(10 reviews)

161 Chestnut, Foxborough, MA 02035

Foxborough, Massachusetts, United States

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Business facts

Estimated annual revenue~$4.3M
Estimated employees~12
Estimated wage bill~$1.3M
In business since2011
Estimate based on strong signals

Area statistics (02035)

Population18,476
Median household income$104,350
Source: US Census ACS

About

Comindware® is a fast-growing, global enterprise software company led by a team of successful software serial entrepreneurs with roots in industry-leading companies such as Acronis, Parallels, and Kaspersky Labs. The company designs innovative software solutions for adaptive business process management and state-of-the-art project management, with a focus on providing efficient, flexible, and cost-effective end-to-end management capabilities. Comindware's flagship product, Comindware Tracker, empowers business users to design, run, and modify processes with drag-and-drop simplicity, and its workflow management apps are widely used across all industries. The company aims to be a trusted partner for clients, making it faster and easier for business executives to drive meaningful business innovation and succeed.

Wheelchair Accessible
Parking, Restroom, Seating, Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$2.8M2019
~$2.9M2020
~$3.5M2021
~$3.8M2022
~$4.0M2023
~$4.3M2024
Modeled from category averages for the region+9.1%/yr since 201980% confidence band: ±68%

Company profile

Incorporated2011 (MA)
Employees (reported band)13-17
Observed

Property

Lot size1.51 acres
Land use342
CountyMiddlesex
Parcel owner92 MONTVALE AVENUE LLC
Assessed value$13.4M (land $1.5M)
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Massachusetts3,246~$27.8B~$8.6M~$1.6M5.0★2.7×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure28 chains expanding in this category, led by Metro by T-Mobile, Miro Inc, Metropcs (+503 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)423~$1.1B~$2.6M~$1.2M3,120~$399.1M3.5×
Wholesale and retail trade; repair of motor vehicles and motorcycles40~$174.9M~$4.4M192

1 km area (all businesses): median from the 365 of 423 businesses with estimates

Estimate

Area conditions (02035)

Population18,476 ±22
Median household income$104,350 ±$9,767
Median home value$546,600
Bachelor's degree or higher0.6%
Unemployment rate0.1%
Source: US Census ACS
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