FastSpring

Founded in 2005 by Dan Engel, Ken White, Jason Foodman and Ryan Dewell, the company is based in Santa Barbara, California.[1] The four founders put in a combined $30,000 to launch the company.[2][3] FastSpring initially focused on companies selling desktop software and downloadable games, before moving into SaaS in 2011.[4] In March 2011, FastSpring launched its subscription e-commerce platform for subscription-based businesses to manage online subscription payments.[1][5] The company received its first outside investment in April 2013 for an estimated $12 million from Pylon Capital.[4][6] The company's revenue would grow from less than $1 million in 2007 to over $100 million by 2013.[4] In 2018, Accel-KKR purchased a majority stake in FastSpring.[7][8]

FastSpring was recognized for a Silver Stevie Award for Customer Service Department of the Year in 2013[9] and again in 2014[10] and 2015.[11] It is a five-time Inc. 5000 honoree, having been ranked as high as #41 in 2010.[12]

In July 2018, Sian Wang was named CFO of the company.[13] In March 2019, David Nachman was named CEO, succeeding Chris Lueck. Nachman was formerly CEO of government technology company Vision, and chief business officer of Velocify, a SaaS CRM business.[14]

FastSpring's platform offers digital commerce products for software, cloud-based, and as-a-service businesses, supporting a variety of digital products and distribution models. It enables purchases and subscriptions for desktop, mobile, and apps.[4][15]

• Global Online Payments
• Subscription Management + Billing
• Branded Checkout
• Global Taxes + Financial Services
• Risk Management + Compliance
• Integrations

• Official website
• CrunchBase profile

• Electronic commerce
• Software as a service