Dynamo Software

4.7★★★★★(3 reviews)

480 Pleasant St b200, Watertown, MA 02472

Watertown, Massachusetts, United States

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Business facts

Estimated annual revenue~$69.6M
Estimated employees~56
Estimated wage bill~$13.0M
In business since1998
Estimate based on strong signals

Area statistics (02472)

Population35,300
Median household income$117,584
Source: US Census ACS

About

With a focus on the alternative assets industry, Dynamo Software offers cloud solutions for a range of sectors including private equity, real estate, hedge funds, and institutional investors. Since its founding in 1998, Dynamo Software has become a trusted platform for over 700 fund managers, asset owners, and service providers worldwide, managing a total of over $4 trillion in assets.

Wheelchair Accessible
Parking, 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)

~$42.2M2019
~$48.1M2020
~$56.5M2021
~$62.6M2022
~$66.1M2023
~$69.6M2024
Modeled from category averages for the region+10.5%/yr since 201980% confidence band: ±68%

Company profile

Incorporated1998 (MA)
Employees (reported band)8-15
Observed

Property

Lot size2.33 acres
Land use340C
CountyMiddlesex
Parcel ownerGRE RIVERWORKS, LLC
Assessed value$13.3M (land $3.5M)
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Massachusetts3,246~$27.8B~$8.6M~$1.6M5.0★44×
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)270~$1.0B~$3.8M~$748.1K1,819~$215.1M93×
Wholesale and retail trade; repair of motor vehicles and motorcycles45~$463.9M~$10.3M368

1 km area (all businesses): median from the 234 of 270 businesses with estimates

Estimate

Area conditions (02472)

Population35,300 ±124
Median household income$117,584 ±$8,771
Median home value$722,000
Bachelor's degree or higher0.7%
Unemployment rate0.1%
Source: US Census ACS
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