OverviewSuggest Edit

Alkami Technology is a company that provides an online and mobile cloud-based digital banking platform. It allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency. The company serves banks and credit unions.

TypePublic
Founded2010
HQPlano, TX, US
Websitealkami.com
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)609(+25%)
Revenue (FY, 2020)$112.1 M(+53%)
Share Price (Jun 2021)$32
Cybersecurity ratingCMore

Key People/Management at Alkami Technology

Mike Hansen

Mike Hansen

Chief Executive Officer and Director
Stephen Bohanon

Stephen Bohanon

Co-Founder Chief Strategy & Sales Officer
Adrianne Court

Adrianne Court

Chief Human Resources Officer
Doug Linebarger

Doug Linebarger

Chief Legal Officer
Mary Nelson

Mary Nelson

Chief Client Officer
Barbara Yastine

Barbara Yastine

Director
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Alkami Technology Office Locations

Alkami Technology has offices in Plano and Ooltewah
Plano, TX, US (HQ)
5601 Granite Pkwy #120
Ooltewah, TN, US
8916 Transport Ln #100
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Alkami Technology Financials and Metrics

Alkami Technology Revenue

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View revenue for all periods
Alkami Technology's revenue was reported to be $112.14 m in FY, 2020 which is a 52.5% increase from the previous period.
USD

Revenue (Q1, 2021)

33.3m

Gross profit (Q1, 2021)

17.8m

Gross profit margin (Q1, 2021), %

53.4%

Net income (Q1, 2021)

(10.9m)

EBIT (Q1, 2021)

(8.9m)

Market capitalization (11-Jun-2021)

2.7b

Closing stock price (11-Jun-2021)

32.0

Cash (31-Mar-2021)

162.1m

EV

2.6b
Alkami Technology's current market capitalization is $2.7 b.
Annual
USDFY, 2019FY, 2020

Revenue

73.5m112.1m

Revenue growth, %

52%

Cost of goods sold

43.1m53.0k

Gross profit

30.4m59.2k
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

15.2m17.0m119.7m23.2m26.7m28.9m33.3m

Cost of goods sold

10.0m10.8m11.0m11.9m13.2m13.8m15.5m

Gross profit

5.2m6.2m8.7m11.3m13.4m15.2m17.8m

Gross profit Margin, %

34%36%7%49%50%52%53%
Annual
USDFY, 2019FY, 2020

Cash

12.0m166.8m

Accounts Receivable

9.8m14.1m

Prepaid Expenses

2.7m7.6m

Current Assets

28.3m193.2m
Quarterly
USDQ1, 2021

Cash

162.1m

Accounts Receivable

14.6m

Prepaid Expenses

9.7m

Current Assets

191.5m
Annual
USDFY, 2019FY, 2020

Net Income

(41.9m)(51.4m)

Depreciation and Amortization

2.2m2.8m

Inventories

(1.1m)(4.2m)

Cash From Operating Activities

(39.1m)(38.1m)
Quarterly
USDQ1, 2021

Net Income

(10.9m)

Depreciation and Amortization

786.0k

Accounts Payable

7.4m

Cash From Operating Activities

(2.0m)
USDQ1, 2019

Revenue/Employee

40.3k
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Alkami Technology Operating Metrics

Alkami Technology's Users was reported to be 9.7 m in FY, 2020.
Jan, 2018FY, 2018FY, 2019FY, 2020Apr, 2021

Annual Recurring Revenue

$87.76 m$127.99 k

Office Space Leased, sq. ft.

129 k

Revenue per Registered User

$12.23$13.22

Users

4.5 m5.6 m7.18 m9.68 m
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Alkami Technology Acquisitions / Subsidiaries

Company NameDateDeal Size
ACH AlertOctober 06, 2020
Alkami ACH Alert, LLC

Alkami Technology Revenue Breakdown

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Alkami Technology revenue breakdown by business segment: 93.7% from SaaS Subscription Services and 6.3% from Other

Alkami Technology Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Alkami Technology Online and Social Media Presence

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Alkami Technology Company Culture

  • Overall Culture

    A+

    88/100

  • CEO Rating

    A+

    94/100

  • Compensation

    A+

    91/100

  • Diversity

    A

    86/100

Learn more on Comparably

Alkami Technology News and Updates

Alkami Technology set to go public as IPO priced above the expected range

Alkami Technology Inc. is set to go public Wednesday, as the Texas-based digital banking company said it initial public offering of 6 million shares priced at $30 a share. The pricing was above the expected range of between $26 and $28 a share, which was raised this week from previous expectations …

Alkami Technology expected IPO pricing increases, raising company's value to up to $2.3 billion

Alkami Technology Inc. disclosed Monday that the expected pricing of its initial public offering has increased to between $26 and $28 a share from between $22 and $25 a share. With the Texas-based cloud-based digital banking company expected to offer 6 million shares in the IPO, the company could n…

Digging into the Alkami Technology IPO

Let's learn about Alkami and its software, dig into its backers and final private valuation, pick apart its numbers, and then check out its impending IPO valuation.

Alkami Technology snags funding from General Atlantic

Plano, Texas-based Alkami Technology Inc, a provider of digital banking solutions to credit unions and banks, has secured an undisclosed amount of funding. The investor was General Atlantic.

Alkami Technology Blogs

Former Intuit and Ally Bank leaders Merline Saintil and Barbara A. Yastine join Alkami Board of Directors

Alkami Technology, Inc. (“Alkami”), a leading cloud-based digital banking solutions provider for U.S.-based financial institutions (FIs), today announced the acquisition of ACH Alert. ACH Alert is an award-winning provider of electronic payments fraud prevention technology for FIs of all sizes. The …

Alkami Acquires Fraud Prevention Provider ACH Alert

Enables Business Clients to Reduce Complexity and Fraud, Financial Institutions to Increase Revenue, Consumers to Increase Convenience and Control PLANO, Texas (October 6, 2020) — Alkami Technology, Inc. (“Alkami”), a leading cloud-based digital banking solutions provider for U.S.-based financial in…

Project Manager – PSO

Alkami is a cloud-based digital banking technology provider to US financial institutions leading the way in extraordinary online and mobile banking experiences.   A 9-year-old company Alkami is one of the fastest growing software companies in the US.  Alkami was the #1 fastest growing software compa…

Instructional Designer

Alkami is a cloud-based digital banking technology provider to US financial institutions leading the way in extraordinary online and mobile banking experiences.   A 9-year-old company Alkami is one of the fastest growing software companies in the US.  Alkami was the #1 fastest growing software compa…

Manager, Process Improvement

Alkami is a cloud-based digital banking technology provider to US financial institutions leading the way in extraordinary online and mobile banking experiences.   A 9-year-old company Alkami is one of the fastest growing software companies in the US.  Alkami was the #1 fastest growing software compa…

Senior Application Support Engineer

Alkami is a cloud-based digital banking technology provider to US financial institutions leading the way in extraordinary online and mobile banking experiences.   A 9-year-old company Alkami is one of the fastest growing software companies in the US.  Alkami was the #1 fastest growing software compa…
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Alkami Technology Frequently Asked Questions

  • When was Alkami Technology founded?

    Alkami Technology was founded in 2010.

  • Who are Alkami Technology key executives?

    Alkami Technology's key executives are Mike Hansen, Stephen Bohanon and Adrianne Court.

  • How many employees does Alkami Technology have?

    Alkami Technology has 609 employees.

  • What is Alkami Technology revenue?

    Latest Alkami Technology annual revenue is $112.1 m.

  • What is Alkami Technology revenue per employee?

    Latest Alkami Technology revenue per employee is $184.1 k.

  • Who are Alkami Technology competitors?

    Competitors of Alkami Technology include CREALOGIX, Backbase and Q2 Software.

  • Where is Alkami Technology headquarters?

    Alkami Technology headquarters is located at 5601 Granite Pkwy #120, Plano.

  • Where are Alkami Technology offices?

    Alkami Technology has offices in Plano and Ooltewah.

  • How many offices does Alkami Technology have?

    Alkami Technology has 2 offices.