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 Openings63
Revenue (FY, 2019)$141.2 M(-8%)
Share Price (Sept 2021)$35.5(-3%)
Cybersecurity ratingAMore

Key People/Management at Model N

Jason Blessing

Jason Blessing

CEO, Director
Baljit Dail

Baljit Dail

Chairman of the Board
Tim Adams

Tim Adams

Director
John Ederer

John Ederer

Chief Financial Officer
Mark Anderson

Mark Anderson

Chief Services 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
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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 (14-Sept-2021)

1.2b

Closing stock price (14-Sept-2021)

35.5

Cash (31-Mar-2021)

148.3m

EV

1.2b
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

95/100

SecurityScorecard logo

Model N Online and Social Media Presence

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Model N Company Culture

  • Overall Culture

    B+

    73/100

  • CEO Rating

    C+

    68/100

  • Compensation

    B

    73/100

  • Diversity

    C

    66/100

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Model N News and Updates

Model N Blogs

AI Automation – The Game Changer in High Tech Pricing

In the world of B2B pricing, there are continuous challenges for high tech finance, sales, and channel teams. Areas such as lost and missed opportunities, deal registration, global pricing complexity, the rise of subscription license models, discounting errors, and never-ending ad-hoc pricing reques…

Channel Compliance – The Newest Exposure for CFOs

Today’s competitive high-tech market relies on channel partners to build and sustain growth and reach new markets and customers. With the number of indirect channels expanding annually, there’s new exposure for CFO’s — Channel Compliance.  In a recent survey of 650 executives, 50% of all leaders and…

The Impact of Price Intelligence in High Tech

Today’s high tech companies are increasingly challenged with their knowledge of pricing, quoting and how to manage deals due to the complexity of products, product lines, and global channel dynamics.  Many companies struggle with how to price more intelligently, and to remain competitive, relevant, …

3 Key Channel Performance Takeaways

Recently, Model N was joined by several featured guests as they discussed channel partner performance, the impact of channel data, and how these influence operational efficiency, revenue, and profitability. Larry Walsh, CEO and Chief Analyst from Channelnomics, and Larry McDonough, Senior Program Ma…

Revolutionizing commercial operations: How you can leverage the power of people, process, and technology

The pharmaceutical industry is continually changing. Along with constant pressure to reevaluate modeling, pricing, and contracting strategies, you also could be subject to myriad new regulatory requirements. While it’s impossible to predict which changes will take place, you need to start planning n…

Building a Successful Strategy and Journey for Channel Data

For high tech and semiconductor companies, it’s a given that indirect channels are key to overall success, yet in a recent Forrester study, 58% of decision-makers admit that the accuracy of their indirect data falls below the level they need to support sales with profitability decisions.  With so mu…
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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 Tim Adams.

  • 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 Finago, 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.