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Model N provides cloud-based revenue management solutions specifically designed for the high-tech and life sciences industries. Their platform assists clients in maximizing revenue throughout the commercialization process, which includes improving the quote-to-cash process and enhancing relationships with channel partners. The solutions offered, such as Revenue Cloud for Pharma, Medtech, and High Tech, address the unique pricing, compliance, and revenue management challenges faced by these sectors. Clients subscribe to Model N's software-as-a-service (SaaS) model, allowing them to access a suite of tools and receive ongoing support. This approach not only generates a consistent revenue stream for Model N but also delivers significant savings for clients, averaging $68 million per $1 billion of revenue. The company's goal is to help clients bring life-changing products to market more efficiently while navigating regulatory changes.
Company Stage
IPO
Employees
1,001-5,000
Industries
Enterprise Software, Healthcare
Total Funding
$362M
Headquarters
N/A
Founded
1999
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