ConnectWise

ConnectWise

Software platform for IT business management

About ConnectWise

Simplify's Rating
Why ConnectWise is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

1,001-5,000

Company Stage

Seed

Total Funding

$580K

Headquarters

Tampa, Florida

Founded

1982

Overview

ConnectWise provides a software platform designed for Technology Solutions Providers (TSPs) to manage their business operations effectively. The platform includes tools for business management, remote monitoring and management, remote access, and automation of quotes and proposals, as well as cybersecurity risk assessments. ConnectWise integrates with numerous vendors, creating a comprehensive ecosystem that supports various IT service models. Unlike many competitors, ConnectWise emphasizes community engagement through its network, The IT Nation, which promotes collaboration and knowledge sharing among users. The goal of ConnectWise is to empower TSPs to streamline their operations and enhance their service offerings while fostering an inclusive culture that values diverse contributions.

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Simplify's Take

What believers are saying

  • Recent executive appointments aim to accelerate innovation and operational excellence.
  • Enhancements to the Asio platform focus on security, automation, and operational efficiency.
  • The ConnectWise Invent program ensures secure integration, attracting partners seeking cybersecurity solutions.

What critics are saying

  • Third-party integrations like CrashPlan may introduce security vulnerabilities if not managed properly.
  • Consolidation of councils may lead to internal conflicts if not carefully managed.
  • New executive appointments could lead to strategic shifts misaligned with partner expectations.

What makes ConnectWise unique

  • ConnectWise offers a comprehensive software platform for Technology Solutions Providers (TSPs).
  • The company integrates with hundreds of vendors, creating a robust ecosystem for users.
  • ConnectWise fosters a highly engaged community, known as The IT Nation, for collaboration.

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Funding

Total Funding

$580k

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$1.5M
Slack
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood

Benefits

Hybrid Work Options

Remote Work Options

Company News

GlobeNewswire
Apr 17th, 2025
Connectwise Further Strengthens Leadership Team With Two New Appointments

TAMPA, Fla., April 17, 2025 (GLOBE NEWSWIRE) -- ConnectWise, the world’s leading software company dedicated to the success of managed service provider (MSP) and information technology service management (ITSM) teams, today announced the appointments of Prakash Talreja as EVP of Engineering and Russell Humphries of EVP of Product Management. The addition of Talreja and Humphries is a significant step forward in strengthening the ConnectWise leadership team, aligning product and engineering under proven, visionary leaders to accelerate innovation, drive operational excellence, and deliver even greater value to our partners and community. Prakash Talreja Joins as EVP of EngineeringPrakash Talreja joins ConnectWise as EVP of Engineering. With over 20 years of experience and a proven track record of leading large, distributed engineering teams, Talreja brings a rare combination of hands-on technical depth and a platform-first mindset. As former VP of Engineering at Mimecast, his background includes building mission-critical, transactional systems on modern cloud architectures—skills that are essential as ConnectWise continues to scale and optimize the Asio platform. Before that, he was a Distinguished Engineer at Sophos

TechCentral
Apr 14th, 2025
Is your business ready for NIS2?

Hosted by Leaf IT in partnership with ConnectWise and Nihon Cyber Defence, this two-hour, free to attend event is designed to cut through the complexity and give IT leaders a clear, actionable roadmap for NIS2 readiness.

ConnectWise
Mar 31st, 2025
ConnectWise Announces Strategic Executive Appointments to Strengthen Partner Experience

Dan Madden Appointed Chief Financial Officer Dan Madden will join ConnectWise on April 7 as Chief Financial Officer (CFO), bringing over 25 years of financial leadership across both public and private-equity-backed companies.

IT Europa
Mar 11th, 2025
ConnectWise pushes new Asio enhancements as general availability slated for Q2

At IT Nation Connect Europe 2025, ConnectWise introduced a series of updates to its Asio platform, focusing on enhancing security, automation, and operational efficiency, while moving its new launch date to Q2 of 2025.

Channel Futures
Mar 4th, 2025
ConnectWise Consolidates IT Nation, Service Leadership

ConnectWise said on Tuesday that it is integrating its IT Nation, Service Leadership and Partner Advisory Councils (PACs) under a singular vision and business unit.

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