Intapp Inc (INTA)

History and Background

Intapp, Inc. was founded in 2006. It provides industry-specific cloud software solutions for the professional and financial services industries. It has evolved from a focus on time and billing to a broader suite of solutions for risk management, client lifecycle management, and deal management.

Core Business Areas

• Risk Management: Helps firms manage compliance and ethical obligations, prevent conflicts, and protect confidential information.
• Client Lifecycle Management: Provides tools for client intake, relationship management, and business development.
• Deal Management: Offers solutions for tracking and managing deals in the investment banking and private capital markets.
• Time and Billing: Allows firms to efficiently manage client time, expenses and billings.

Leadership and Structure

The leadership team includes John Hall (CEO). The organizational structure is typical of a software company with departments for product development, sales, marketing, and customer success.

Key Offerings

• Intapp OnePlace: Cloud-based platform unifying multiple Intapp products. No publicly available, definitive market share data. Competitors include Salesforce and Microsoft Dynamics 365 for CRM-related aspects.
• Intapp DealCloud: CRM and deal management solution for investment banks and private capital firms. Competitors include Affinity and Dynamo Software. No specific revenue figures are publicly available, but it is a significant revenue contributor.
• Intapp Open: A conflict clearance solution that simplifies and automates conflicts of interest checking. Competitors include Thomson Reuters and other legal technology vendors. Market share data is not consistently tracked across all competitors. This is a important product which has a large customer base.

Industry Overview

The market for software in professional and financial services is growing due to increased regulatory scrutiny, the need for greater efficiency, and the increasing importance of data-driven decision-making.

Positioning

Intapp is positioned as a provider of specialized, industry-specific solutions, differentiating it from more general-purpose software vendors. Its focus on professional and financial services gives it a competitive advantage.

Total Addressable Market (TAM)

The TAM for legal and financial professional services software is estimated to be in the tens of billions of dollars globally. Intapp is well-positioned to capture a significant share of this market.

Key Competitors

• ADSK
• CRM
• MSFT

Competitive Landscape

Intapp's advantage lies in its industry-specific focus, while its disadvantage is its smaller size compared to larger competitors like Salesforce and Microsoft. It needs to continually innovate to maintain its edge.

DealCloud

• Year: 2018
• Acquisition Price (USD millions): 0
• Strategic Rationale: Expanded Intapp's offerings into the investment banking and private capital markets.

Historical Growth: Intapp has experienced strong growth in recent years due to increasing demand for its industry-specific solutions.

Future Projections: Future growth is expected to be driven by continued adoption of cloud-based software in professional and financial services and expansion into new markets.

Recent Initiatives: Recent initiatives include expanding the Intapp OnePlace platform and acquiring new technologies to enhance its product offerings.

Intapp is a specialized software provider focused on the professional and financial services industries. Its industry-specific expertise provides a strong advantage, but it faces competition from larger, more diversified vendors. Recent acquisitions and platform expansions have strengthened its position, but continuous innovation is essential to maintain its competitive edge. The company's future success depends on its ability to capitalize on the growing demand for cloud-based solutions in its target markets and expand into new geographies.

• CRM
• MSFT
• ADSK
• RELX

Data Sources:

• Intapp's website, publicly available press releases, third-party industry reports

Disclaimers:

This analysis is based on publicly available information and estimates. Actual performance may vary. The absence of public financials limits the precision of this analysis.