OverviewSuggest Edit

Model N is the provider of Revenue Management solutions for the life sciences and technology industries. The company is involved in configure, price and quote, contract and rebate management, business intelligence, and regulatory compliance. The company's solutions transform the revenue lifecycle into the end-to-end process.

TypePublic
Founded1999
HQSan Mateo, CA, US
Websitemodeln.com
Employee Ratings3.8
Overall CultureB

Latest Updates

Employees (est.) (Sept 2019)733(-6%)
Job Openings107
Revenue (FY, 2019)$141.2 M(-8%)
Share Price (Jun 2021)$33(-1%)
Cybersecurity ratingAMore

Key People/Management at Model N

Jason Blessing

Jason Blessing

CEO, Director
Baljit Dail

Baljit Dail

Chairman of the Board
Zack Rinat

Zack Rinat

Founder and Strategic Advisor
Tim Adams

Tim Adams

Director
John Ederer

John Ederer

Chief Financial Officer
Kimberly Decarlis

Kimberly Decarlis

Director
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Model N Office Locations

Model N has offices in San Mateo, Bristol, Chicago, Denver and in 8 other locations
San Mateo, CA, US (HQ)
777 Mariners Island Blvd #300
Bristol, TN, US
363 Shelby St 2nd fl
Chicago, IL, US
141 W Jackson Blvd #300A
Denver, CO, US
Johns Manville Plaza, 717 17th St #1700
Morrisville, NC, US
3020 Carrington Mill Blvd 4th fl
Portland, ME, US
511 Congress St 6th Floor
Show all (12)

Model N Financials and Metrics

Model N Revenue

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Model N's revenue was reported to be $141.24 m in FY, 2019
USD

Revenue (Q1, 2021)

42.7m

Gross profit (Q1, 2021)

25.6m

Gross profit margin (Q1, 2021), %

59.9%

Net income (Q1, 2021)

(5.2m)

EBIT (Q1, 2021)

(1.3m)

Market capitalization (7-Jun-2021)

1.2b

Closing stock price (7-Jun-2021)

33.0

Cash (31-Mar-2021)

148.3m

EV

1.1b
Model N's current market capitalization is $1.2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

101.9m81.8m93.8m107.0m131.2m154.6m141.2m

Revenue growth, %

(20%)15%14%

Cost of goods sold

46.2m37.7m41.6m53.7m61.1m65.3m66.1m

Gross profit

55.7m44.0m52.2m53.3m70.1m89.3m75.1m
USDQ2, 2013

Financial Leverage

1.6 x
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Model N Operating Metrics

Model N's Enterprise Customers was reported to be 150 in Feb, 2017. Model N's Customers was reported to be 162 in FY, 2017.
FY, 2013FY, 2014FY, 2015FY, 2016Feb, 2017FY, 2017

Customers

8084122162

Patent Applications

456

Patents Issued

55

Enterprise Customers

698084122150
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Model N Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Model N Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Model N Online and Social Media Presence

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Model N Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    B

    71/100

  • Compensation

    B

    73/100

  • Diversity

    C

    66/100

Learn more on Comparably

Model N News and Updates

Model N Blogs

How will Post-Pandemic Channel Partner Success Impact High Tech?

It’s been over a year since the worldwide pandemic interrupted and changed lives, work styles, social interaction, and economies. “The technology market and channel were spared much of the pandemic’s impact. Unlike other industries such as retail, hospitality, and food services, IT  – particularly b…

Accelerating Channel Partner Success: Channelnomics & Model N Strategic Partnership

Recently, Model N announced a new strategic partnership with Channelnomics, a business strategy and research firm focused on connecting channel professionals with the people and insights that enable them to continually evolve and operationalize their strategy. Channelnomics experts work with clients…

Five ways to improve your business with Business Services

The life sciences industry is constantly evolving. New and changing regulations impact business processes and pose the potential for revenue loss or worse yet, fines and reputational damage. Competition for talent and customers is fierce. And the cries for greater pricing transparency grow louder as…

The Challenges of Financial Compliance in the Channel

In today’s global economy, things are changing quickly for CFOs and finance teams. As a high tech finance leader, you are more involved and responsible for rethinking strategies and accelerating growth. Most CFOs have a full vision that it is no longer a role with a single eye on revenue, expenses, …

3 Takeaways from the 2021 Revenue Webinar for High Tech

Recently, Chanan Greenberg, SVP, and GM High Tech at Model N hosted Larry Walsh, CEO of Channelnomics, and Mark Stiving, Chief Pricing Educator from Impact Pricing to discuss insights from the 2021 State of Revenue Report. Model N commissioned our annual survey with Dimensional Research and engaged …

Close three talent gaps with experience that enhances your team

The life sciences industry – like many – is facing a global talent shortage. Organizations are struggling to find and retain people with industry-specific skills. What’s more, they’re also competing across sectors for talent in more generalized areas, like data analytics. Stiff competition for talen…
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Model N Frequently Asked Questions

  • When was Model N founded?

    Model N was founded in 1999.

  • Who are Model N key executives?

    Model N's key executives are Jason Blessing, Baljit Dail and Zack Rinat.

  • How many employees does Model N have?

    Model N has 733 employees.

  • What is Model N revenue?

    Latest Model N annual revenue is $141.2 m.

  • What is Model N revenue per employee?

    Latest Model N revenue per employee is $192.7 k.

  • Who are Model N competitors?

    Competitors of Model N include Brankas, i-Free and RedEye Apps.

  • Where is Model N headquarters?

    Model N headquarters is located at 777 Mariners Island Blvd #300, San Mateo.

  • Where are Model N offices?

    Model N has offices in San Mateo, Bristol, Chicago, Denver and in 8 other locations.

  • How many offices does Model N have?

    Model N has 12 offices.