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Sageworks was a financial information company founded in 1998, renowned for its innovative solutions for financial analysis, risk management, and credit decisioning. It primarily served U.S. financial institutions (banks and credit unions) and accounting firms. Sageworks' flagship products included ProfitCents, Sageworks Analyst, and ALLL (Allowance for Loan and Lease Losses) solutions, aiming to make complex financial data more accessible and actionable. In May 2018, Sageworks was acquired by Accel-KKR and became a foundational part of Abrigo, a technology provider of compliance, credit risk, and lending solutions.
The Raleigh headquarters served as Sageworks's primary operational center, housing executive leadership, software development, product management, sales, marketing, customer support, and administrative functions.
The office was situated in a modern office park, designed to provide a collaborative and productive environment for its employees. Specific unique architectural details are not widely documented, but it was typical of a growing technology company's workspace.
Sageworks was known for an entrepreneurial and fast-paced work culture that emphasized innovation, customer success, and professional growth. Employee accounts often described it as a challenging yet rewarding place to work, with a strong team spirit.
The Raleigh location was strategic, offering access to a rich talent pool from nearby universities and the thriving tech community in the Research Triangle. This was crucial for its growth in the competitive fintech landscape.
Sageworks primarily focused its operations and client base within the United States, serving American banks, credit unions, and accounting firms. While its software could be used by U.S.-based entities with international interests, Sageworks did not maintain significant physical international offices or direct sales operations abroad prior to its acquisition.
5565 Centerview Drive, Suite 400
Raleigh
NC
USA
No additional office locations available.
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As of April 2025, Sageworks' leadership includes:
Sageworks has been backed by several prominent investors over the years, including:
Sageworks was acquired by Abrigo in May 2018 and no longer operates as an independent entity. Therefore, there have been no executive new hires or exits specifically for 'Sageworks' in the last 12 months. Any leadership changes related to former Sageworks personnel would be within the Abrigo organization.
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Prior to its acquisition by Abrigo, Sageworks commonly used the [first].[last]@sageworks.com email format. This was a typical corporate email structure.
[first].[last]@sageworks.com
Format
jane.doe@sageworks.com
Example
70%
Success rate
PR Newswire • May 10, 2018
Accel-KKR, a technology-focused private equity firm, announced the formation of Abrigo, a new company created by merging Banker's Toolbox, Sageworks, and MainStreet Technologies. Sageworks's solutions for credit risk, lending, and portfolio analysis became key components of Abrigo's offerings to financial institutions....more
PR Newswire • August 16, 2017
Sageworks announced its inclusion in the Inc. 5000 list of America's fastest-growing private companies for the eighth consecutive year. This recognition highlighted its sustained growth and leadership in providing financial analysis and risk management solutions....more
Boathouse Capital • September 9, 2015
Sageworks, a financial information company providing risk management solutions, received a significant growth equity investment from Boathouse Capital. The funding was aimed at accelerating Sageworks's growth, supporting product development, and expanding its market reach in the banking and accounting industries....more
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