- HQ
- Raleigh, NC, USA
- Company size
- 1,001–5,000
- Funding raised
- $1B; PE-backed since 2018
- Lead investors
- TA Associates, Hg, Genstar Capital, ST6
- Team location
- Eastern Europe
- Cooperation time
- since 2017
- Product
- Enterprise financial performance, reporting, analytics, data connectivity, and equity management software
- Notable clients
- Salesforce, Starbucks, Mercedes-Benz, Novo Nordisk, Novartis, Michelin, Databricks
insightsoftware is a Raleigh-based enterprise software company that helps finance, technology, and HR leaders move from data to decisions. Formed in 2018 and built by bringing together 31 technology companies, it now serves more than 34,000 customers worldwide. Its portfolio spans financial planning and reporting, enterprise performance management, equity management, data connectivity, analytics, and AI across three brands: Lineos for the office of the CFO, Simba for data and embedded analytics, and Certent for equity management.
Issue
insightsoftware’s Ukrainian engineering team began life as someone else’s outsourced one. That was standard practice at the time: pay for the work, own no team, no IP, no control. Getting out was not free either – buying the team out of the contract reached hundreds of thousands of dollars, a painful sum for a growing tech company.
Taking them in-house meant establishing a legal presence in Ukraine: registering an entity, opening bank accounts, standing up payroll and HR, leasing and equipping an office. That is months of legal and admin work before a single engineer changes status, and a permanent local overhead after it. For a business running its engineering leadership out of North America, it meant funding a second organization to support the HQ team.
The company it came from had already proved the other route worked. Certent, which insightsoftware acquired in 2021, made the move off outsourcing with Alcor in 2017 – and arrived inside insightsoftware with its Ukrainian engineering team fully integrated and running: no entity, no local admin chaos, just one partner managing contracts, payroll, compliance, and local operations under one infrastructure.
That set the standard for insightsoftware, and it is where a partnership now in its ninth year began.
Solution
Alcor built the local setup, then transferred and onboarded the existing engineering team in under a month. Engineers were engaged under a Contractor of Record model on B2B contracts, registered locally and paid on a single monthly cycle. insightsoftware never had to open an entity in Ukraine or build a local admin function, and the team became fully its own.
Alcor’s recruiters built most of the scaled team role by role: .NET and Angular Full-Stack Engineers, Manual and Automation QA, Data Integration and Data Quality Analysts, Scrum Masters, and technical support in Romania. They approached candidates directly – many headhunted out of Eastern Europe’s engineering services companies and chosen for relevant experience in fintech and data. Technical interviews and hiring decisions stayed fully with insightsoftware’s leadership.
Behind the team sits the admin layer built and run by Alcor: contracts and DPAs drafted country by country, onboarding, benefits, worker classification that holds under local law. When engineers relocated, Alcor re-registered them as sole traders in Poland, Czechia, and Slovakia, arranged local accounting, and kept payments going out on the same monthly cycle as before. The admin layer absorbed the change. insightsoftware kept its engineers. No gap in anyone’s contract, and no exposure in the new jurisdictions.
Companies Scaling with Alcor
Alcor helped us retain our engineering talent through two acquisitions, keeping our R&D operations running without disruption. From recruitment and compliance to payroll and local support, they’ve handled the complexities so we can focus on our products. That kind of long-term reliability is invaluable.
RESULTS:
Own Your Engineering Team Without Owning an Entity
Contracts, payroll, compliance and local operations under one partner. No buyouts to exit.
Alcor Helped Build the Foundation for Everything That Followed
Alcor takes over and grows the Ukrainian engineering team behind the product
insightsoftware acquires Certent and secures a ~$1B investment from Hg at an enterprise valuation of approximately $4B
insightsoftware enters the Deloitte Technology Fast 500 at No. 382 after recording 333% revenue growth in three years
insightsoftware acquires JustPerform, launches Lineos, and gets named to the Inc. 5000 for a second consecutive year
insightsoftware launches Simba Intelligence and Reporting Intelligence, then consolidates its portfolio into three brands – Lineos, Simba, and Certent
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Clients Love Us. Teams Do Too.
“The Alcor team has always been supportive and approachable whenever assistance was needed. Rather than feeling like an external resource, engineers working through Alcor are able to integrate closely with the client’s teams. This creates a more collaborative environment and allows engineers to have a greater impact.”
“My overall experience has been outstanding. Alcor’s model offered the right balance — strong operational support combined with genuine ownership and long-term collaboration. In this model, I am a core member of the team. Rather than rotating between projects, I can invest meaningfully in improving the product and establishing processes that deliver lasting value.”
“Whenever I’ve had tricky bank requests or needed extra documentation, Alcor has resolved everything rapidly. I also love their support with business trips and expense tracking—it’s incredibly convenient. Their team is always available via messenger and ready to help. Highly recommended for anyone who wants a hassle-free professional life!”
“Alcor has been a reliable partner throughout, especially in complex situations. Issues are resolved quickly — often within minutes or hours. Their ability to adapt and support us in complex situations has made a real difference for our team.”
