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LucaNet

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LucaNet
Company typePrivate
IndustrySoftware, Tech Services
Founded1999; 25 years ago (1999)
FoundersRolf-Jürgen Moll, Oliver Schmitz
Headquarters,
Germany
Area served
Worldwide
Key people
Elias Apel (CEO)
ProductsFinancial software
Servicesclose and consolidation, planning and budgeting, financial reporting, ESG, tax management.
Number of employees
~800 (2024)
Websitelucanet.com

LucaNet is a financial performance management software company founded in 1999 by Rolf-Jürgen Moll and Oliver Schmitz in Berlin, Germany. Its software is compatible with ERP systems and databases from providers like American Microsoft and German SAP.[1]

History[edit]

LucaNet was founded in 1999 in Berlin, Germany, by Rolf-Jürgen Moll and Oliver Schmitz. The company developed the first software for consolidation and planning in one data mode.[2][3]

In 2006, the company opened its first location outside of Germany, in the Netherlands.[4]

LucaNet received the Deloitte Technology Fast 50 Award in 2013,[5] and the "BEST OF" prize in the Business Intelligence category by Initiative Mittelstand from 2013 to 2017.[6] Additionally, LucaNet has been recognized as the best software by BARC Score FPM DACH six times in a row (2018–2023),[7] Software Advice,[8] G2,[9] and Capterra.[10]

In 2022, the company partnered with the British equity firm Hg Capital, a global software and services investor.[11][12] The same year, it also partnered with PAS Financial Advisory and acquired Belgian distributor SEEFO.[4] In 2023, LucaNet expanded to Ireland, Portugal, and Italy.[13]

In 2023, they expanded by acquiring AMANA, which provides accounting and tax software, and ementexx, a digital banking and cash management company.[14][15][16]

LucaNet specialises in financial software for the Office of the Chief Financial Officer (CFO), including tools for close and consolidation, financial planning and budgeting, financial reporting, ESG, and tax management.[17][18][19]

Operations[edit]

Former CRO Dominik Duchon was CEO from 2022 to 2023,[20] and Elias Apel has been CEO since 1 October 2023.[21] LucaNet has two offices in Germany (Berlin and Munich) and additional offices in Europe, Asia and the USA.[3][4][13] The company employs over 800 people. As of 2024, the company serves over 5,000 organizations.[11]

References[edit]

  1. ^ Ho, Victoria (March 2, 2010). "Small vendors specialize to compete in BI". ZDNET. Retrieved 2024-05-28.
  2. ^ Gerhardt, Janina (2022-04-13). "Lucanet und Hg werden Partner". www.startbase.de (in German). Retrieved 2024-05-28.
  3. ^ a b "LucaNet Reviews & Erfahrungen 2024". BARC (in German). Retrieved 2024-06-03.
  4. ^ a b c Lew, Magdalena (2022-10-21). "LucaNet Acquires Belgian Distributor Seefo". EU Business News. Retrieved 2024-05-28.
  5. ^ "Gewinner Technology Fast 50 im Überblick". Deloitte Deutschland (in German). Retrieved 2024-05-28.
  6. ^ "Business Intelligence Bestenliste. Die innovativsten IT-Lösungen für den Mittelstand 2013" (PDF). cdn.it-bestenliste.de. 2013. Retrieved 2024-05-28.
  7. ^ "BARC Score Financial Performance Management". barc.com. March 2024. Retrieved 2024-05-28.
  8. ^ "LucaNet Software Reviews, Demo & Pricing - 2024". www.softwareadvice.com. Retrieved 2024-05-27.
  9. ^ "LucaNet". g2.com. Retrieved 2024-05-28.
  10. ^ "LucaNet Pricing, Alternatives & More 2024". Capterra. Retrieved 2024-05-27.
  11. ^ a b "Hg backs LucaNet". QuotedData. 2022-04-12. Retrieved 2024-05-28.
  12. ^ "G Squared investiert 102 Millionen in Choco - Procuros bekommt 9 Millionen - Habyt fusioniert mit Hmlet". deutsche-startups.de (in German). 2022-04-12. Retrieved 2024-05-28.
  13. ^ a b "Evelyn and LucaNet partner to streamline financial reporting". 2023-11-10. Retrieved 2024-05-28.
  14. ^ Eich, Jakob (2023-09-12). "Lucanet steigt ins Treasury-Geschäft ein". DerTreasurer (in German). Retrieved 2024-05-28.
  15. ^ Dentz, Markus (2023-11-27). "Lucanet übernimmt Ementexx: die Hintergründe". DerTreasurer (in German). Retrieved 2024-06-03.
  16. ^ Eich, Jakob (2023-09-12). "Lucanet steigt ins Treasury-Geschäft ein". DerTreasurer (in German). Retrieved 2024-06-03.
  17. ^ "Reporting extra-financier : la révolution". La Tribune (in French). 2023-12-07. Retrieved 2024-05-28.
  18. ^ "Lucanet AG Profile". bloomberg.com. Retrieved 2024-05-28.
  19. ^ "Anzeigensonderveröffentlichungen der F.A.Z.- Kunden - FAZ". FAZ.NET (in German). Retrieved 2024-05-28.
  20. ^ "Vieles neu bei Lucanet". www.it-zoom.de (in German). 2022-05-14. Retrieved 2024-05-28.
  21. ^ "Lucanet mit neuem CEO". www.it-zoom.de (in German). 2023-10-04. Retrieved 2024-05-28.