Welcome to our dedicated page for Intapp news (Ticker: INTA), a resource for investors and traders seeking the latest updates and insights on Intapp stock.
Intapp, Inc. (symbol: INTA) stands as a leading provider of industry-specific, cloud-based software solutions dedicated to professional and financial services sectors. Headquartered in Silicon Valley, with operations in New York, Atlanta, London, and Sydney, Intapp empowers firms in legal, accounting, consulting, private capital, and investment banking sectors with advanced technology to meet their evolving client, investor, and regulatory needs.
Intapp's software suite focuses on three core practice areas—revenue, risk, and integration—to help firms streamline operations and align business strategies effectively. Their products, known for excellence in categories such as time entry, application integration, information security, new business intake, and conflicts management, are utilized by over 570 customers, including 92% of the Am Law 100 and 84% of the Global 200 law firms.
The recent achievements of Intapp include the launch of new AI capabilities under their “Intelligence Applied” strategy. This initiative includes products like Intapp Assist for DealCloud and Intapp Data, which leverage generative AI to automate manual tasks, enhance data analysis, and improve decision-making processes across firms.
Intapp is also in the process of acquiring delphai, an AI software company renowned for its expertise in creating structured firmographic data from public sources. This acquisition aims to bolster Intapp’s AI and data strategies, offering next-gen data exploration and connectivity capabilities to their clients.
Intapp has a strong financial standing, predominantly deriving revenue from the United States while also expanding its global presence. Their commitment to innovation and client success is evident in their continuous efforts to integrate AI into their solutions, ensuring that firms meet their regulatory and ethical obligations while enhancing productivity and competitive advantage.
Intapp (NASDAQ: INTA) has announced that Enventure, a leading private equity firm, has chosen Intapp DealCloud to modernize deal flow management and investor relations. The platform's AI capabilities will enhance Enventure's operational efficiency and competitive advantage by transitioning from traditional spreadsheets to a dynamic, centralized system. Enventure aims to use DealCloud for better management of deals, fundraising, and relationships, enabling data-driven decision-making and automation to save time and improve productivity. The integration includes the use of Intapp Assist, which combines AI with proprietary data to streamline workflows and provide actionable insights.
Intapp (NASDAQ: INTA), a global provider of AI-powered solutions, has been chosen by Argonaut Private Equity to enhance their employee compliance oversight. Argonaut aims to improve regulatory adherence and reduce reputational risk by leveraging Intapp Employee Compliance. This tool will streamline the monitoring of employees' financial interests and outside activities, ensuring adherence to internal ethics policies and regulatory requirements.
Patrick Sullivan, Argonaut's Chief Compliance Officer, highlighted that the manual processes for reviewing personal trading activities had become overly time-consuming. Intapp's solution will automate these processes, making it easier for employees to comply with firm policies. Additionally, the software provides proactive alerts, streamlines the trade verification workflow, and offers a holistic view of employees' investments and activities. This centralized system is expected to mitigate risk and protect against regulatory fines and reputational damage.
Intapp (NASDAQ: INTA) announced that its DealCloud platform won the Investor Relations Technology category at The Drawdown Awards 2024. The awards recognize achievements in private equity across 32 categories. DealCloud is a data-powered platform for capital markets firms, centralizing critical data and providing investor relations teams with valuable insights. The platform uses applied AI to streamline investor relations processes, aiding in strategic decision-making and enhancing fundraising efforts. The award highlights DealCloud's effectiveness in understanding and illustrating fund performance and progress.
Intapp (NASDAQ: INTA) announced that Old Mutual Alternative Investments (OMAI), one of Africa’s leading private alternative investment managers, has selected Intapp DealCloud to enhance its client relationship management and fundraising activities.
OMAI, known for investments in infrastructure, private equity, impact investing, and diversified credit, chose DealCloud due to its customization for private markets managers and low implementation risk. This partnership aims to centralize OMAI's data, streamline processes, and provide actionable insights to improve client engagement and strategic decision-making.
Intapp (NASDAQ: INTA) has announced a partnership with Bite Investments, aiming to enhance investor management through the integration of Bite Stream's fundraising and investor data within Intapp DealCloud. This collaboration provides DealCloud clients with seamless access to Bite Stream's investor portal, enabling full lifecycle management of investor information, fund performance, and deal pipelines on a single platform.
Key benefits include automated investor profile creation, advanced analytics, and enhanced visualizations of investor activity. This integration is set to improve efficiency, data integrity, and user experience for alternative asset managers.
Both companies underscore the importance of this partnership in addressing challenges related to scalability and complexity in private equity dealmaking, particularly in the current macroeconomic environment.
Intapp, listed on NASDAQ as INTA, has received the 2024 CRM Excellence Award for its AI-powered DealCloud platform. The award, presented by CUSTOMER magazine and TMC, recognizes DealCloud's ability to enhance client relationships and streamline workflows through AI integration. DealCloud centralizes engagement data, provides actionable insights into client trends, and facilitates automated data capture. New generative AI features in Intapp Assist for DealCloud generate deal summaries and targeted email outreach. Erin Guinan, General Manager of DealCloud at Intapp, highlighted the platform's user-friendly and secure tools that help professionals focus on strategic tasks.
Intapp (NASDAQ: INTA) announced that U.S. Realty Advisors (USRA) has selected Intapp DealCloud to modernize its pipeline management and knowledge management. USRA will leverage DealCloud's AI capabilities to streamline the management of complex real estate deals, reduce manual tasks, and gain actionable insights, enhancing decision-making. This partnership aims to provide USRA with a single platform for managing data, improving transparency and accelerating execution.
Ryan Fitzgerald, Director of Investments and Head of Credit at USRA, expressed confidence in DealCloud's ability to enhance their technology solutions. Erin Guinan, General Manager of DealCloud at Intapp, highlighted the benefits of centralizing data and minimizing manual tasks for better support.
Jackson Walker, an Am Law 200 firm, has selected Intapp's AI-powered timekeeping solution, Intapp Time, to enhance its time capture and compliance practices. Announced on May 15, 2024, Intapp (NASDAQ: INTA) provides solutions for advisory, capital markets, and legal firms. The new software aims to automate timekeeping, ensure compliance with client requirements, and improve overall client satisfaction. By leveraging Applied AI, Jackson Walker seeks to achieve more accurate time capture and streamlined operations, potentially leading to enhanced efficiency and better client relations.
Intapp, a global provider of AI solutions for professionals, will participate in the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on May 21, 2024, in Boston. The event will feature senior management presenting and a live webcast will be available.
Intapp, Inc. (NASDAQ: INTA) reported strong third-quarter fiscal year 2024 financial results, with SaaS and support revenue up 22% year-over-year to $80.8 million and total revenue up 20% to $110.6 million. Cloud ARR saw a significant 33% increase to $274.2 million. Intapp's CEO, John Hall, highlighted the successful release of new AI capabilities, including Intapp Assist for DealCloud. The company also provided optimistic outlooks for the fourth quarter and full fiscal year of 2024.
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