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As of 2026
Business & Operations
Revenue: $100M+ ARR
The software ecosystem and unified platform constructed for technology solution providers to fully manage their as-a-service IT operations.
Overview
ConnectWise is an enterprise-grade business automation and IT service management platform engineered specifically for Managed Service Providers (MSPs) and technology solution vendors. The unified suite operates via the integrated ConnectWise Asio architecture to consolidate professional services automation (PSA), remote monitoring, and endpoint cybersecurity operations into a single operational interface. By handling critical administrative loops such as continuous ticketing, complex multi-tenant billing pipelines, and client SLA compliance tracking, the tool eliminates software fragmentation across decentralized operations. Backed by institutional cloud infrastructure groups, it serves thousands of global professional firms to maximize delivery margins.
Funding status: Acquired
Revenue source: Subscriptions
Customer type: B2B
Pricing: Subscription
Tech stack: SQL, Java, Django, .NET, Cloudflare, OneTrust, Amazon EKS
Platform: Web • iOS • Android • API
Integrations: GlassHive, AppXite, Microsoft 365, Salesforce, Cisco, Datto, IT Glue, Webhooks
Founder story
ConnectWise was co-founded in 1982 by Arnie Bellini and David Bellini in Tampa, Florida, United States. Initially launched as an independent local IT services firm, the founders engineered internal tools to automate their own fragmented dispatch, billing, and system support pipelines. This custom framework evolved into the benchmark Professional Services Automation tool for the global MSP market, culminating in a landmark acquisition by private equity firm Thoma Bravo in February 2019.
What it does
- Managed Service Providers
- IT Administrators
- Help Desk Techs
- Security Operations Center Managers
- Sales Operations Directors
Who it's for
- Managed Service Providers
- Internal Corporate IT Departments
- Technology Solutions Providers
- Security Operations Centers
Why it works
- Unified Asio platform layers blend instant remote monitoring directly with professional services ticketing
- Automated billing calculators eliminate manual quote-to-cash errors on multi-tenant recurring agreements
- Embedded agentic AI assistance surfaces automated remediation suggestions for rapid incident resolutions
- Robust API frameworks and marketplace support multi-vendor extensions natively without structural drops
Growth strategies
- Strategic acquisitions of cloud backup and data security leaders such as Axcient and SkyKick
- Extensive partner programs distributing million- dollar marketing development funds globally
- Hosting international community networks and industry conferences known as the IT Nation
- Scaling enterprise penetration by targeting massive multi- national BPO call centers
Alternatives
Comparison overview
- ConnectWise combines broad PSA back-office accounting natively alongside deep technical RMM channels where point tools handle only singular operational tracks
- Provides an expanded open partner integration ecosystem compared to more rigid vendor-locked competitor frameworks
- Utilizes agentic AI integrations to provide proactive, continuous alert filtering instead of basic passive logging systems