| Model N, Inc. | |
| Type: | Private |
| Area Served: | Worldwide |
| Num Employees: | 1,089 (2023) |
| Location City: | San Mateo, California |
| Location Country: | U.S. |
| Owner: | Vista Equity Partners |
Model N, Inc. is an American software company founded in 1999 and headquartered in San Mateo, California. The company offers revenue management software technology and life sciences companies. The company went public in 2013 and was taken private by Vista Equity Partners in 2024.
Zack Rinat, the co-developer of NetDynamics Application Server, left Sun Microsystems to found Model N in 1999.
In 2004, the company added a Medicaid Claims Processing application to its Revenue Management Suite main product.
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 million. Venture capital firm Accel-KKR backed the initial public offering.
In 2024, Vista Equity Partners announced that it would take the company private in a $1.25 billion deal.
In May 2018, Jason Blessing was announced as Model N's president and chief executive officer (CEO).[1] [2]