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, US
Websitemodeln.com
Employee Ratings4.4
Overall CultureC

Latest Updates

Employees (est.) (Sept 2019)733(-6%)
Job Openings24
Revenue (FY, 2019)$141.2 M(-8%)
Share Price (Nov 2020)$33.6 (+5%)
Cybersecurity ratingBMore

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
David Barter

David Barter

Chief Financial Officer
Kimberly Decarlis

Kimberly Decarlis

Director
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Model N Office Locations

Model N has offices in San Mateo, Chicago, Denver, Irvine and in 7 other locations
San Mateo, US (HQ)
777 Mariners Island Blvd #300
Chicago, US
141 W Jackson Blvd #300A
Denver, US
Johns Manville Plaza, 717 17th St #1700
Irvine, US
19100 Von Karman Ave
Portland, US
511 Congress St 6th Floor
Princeton, US
902 Carnegie Center Blvd #450
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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 (Q3, 2020)

41.3m

Gross profit (Q3, 2020)

25.2m

Gross profit margin (Q3, 2020), %

61%

Net income (Q3, 2020)

(2.4m)

EBIT (Q3, 2020)

(380.0k)

Market capitalization (12-Nov-2020)

1.2b

Closing stock price (12-Nov-2020)

33.6

Cash (30-Jun-2020)

192.4m

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
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

103.4m101.0m91.0m66.1m57.6m56.7m60.8m

Accounts Receivable

16.1m15.2m16.1m24.8m28.3m27.0m

Prepaid Expenses

3.2m2.1m3.2m3.7m3.6m2.8m

Inventories

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

80 84 122 162

Patent Applications

4 5 6

Patents Issued

5 5

Enterprise Customers

69 80 84 122 150
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Model N Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

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

    C

    66/100

  • CEO Rating

    B

    74/100

  • Compensation

    C

    66/100

  • Diversity

    D+

    61/100

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Model N News and Updates

Model N Blogs

Finalized Rules Targets Lowering Drug Costs and Out-of-Pocket Patient Expenses

Melonie Warfel, General Manager, Model N Life Sciences, & Jesse Mendelsohn, Vice President, Center of Excellence, Model N On Friday, November 20, 2020, President Trump finalized two rules with the intent of lowering U.S. drug prices, although over the weekend there were many discussions taking p…

3 Takeaways from Forrester and Channel Impact Webinar on Modernizing Your Channel Strategy

David Johnson, Sr. Director, Product Marketing Model N recently hosted a webinar with Chris Cleary, VP, Principal Analyst from Forrester Research, and Kristine Stewart, Vice President, Client Success & Marketing of Channel Impact. They were joined by Chanan Greenberg, SVP, and GM of Model N’s Hi…

3 Takeaways from Forrester and Channel Impact Webinar on Modernizing Your Channel Strategy

David Johnson, Sr. Director, Product Marketing Model N recently hosted a webinar with Chris Cleary, VP, Principal Analyst from Forrester Research, and Kristine Stewart, Vice President, Client Success & Marketing of Channel Impact. They were joined by Chanan Greenberg, SVP, and GM of Model N’s Hi…

The Value of Predictive Channel Intelligence

Charlie Abrams, Senior Solutions Consultant High tech and Semiconductor teams across the world are having to make quicker, more effective decisions to respond to changes across complex ecosystems. The channel ecosystem is unique to each customer and is constantly changing. Teams need intelligent ins…

Model N’s Fall 2020 Release for Life Sciences: New Features Streamline Pricing, Operations, Compliance and Cloud Deployment

New Features Deliver Extended Pricing Analysis and  New Testing, Automation and Reporting Capabilities SAN MATEO, Calif. — Nov. 17, 2020 – Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced its Life Sciences Fall 2020 release, incorporating several major pr…

Model N’s Fall 2020 Release for High Tech Offers Expanded AI/ML, Price Optimization and Channel Network Features

Model N introduces new revenue management and channel performance solutions with enhanced AI/ML reach for deal and channel intelligence SAN MATEO, Calif. — Nov 16, 2020 – Model N, Inc. (NYSE: MODN), the leader in cloud revenue management solutions, today announced new revenue management and channel …
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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 Silver.net Financial Systems, 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, Chicago, Denver, Irvine and in 7 other locations.

  • How many offices does Model N have?

    Model N has 11 offices.