Jump to content

Fishbowl Inventory

From Wikipedia, the free encyclopedia
Fishbowl Inventory
Company typePrivate
IndustrySoftware
Founded2001; 23 years ago (2001)
HeadquartersOrem, Utah, United States
ProductsInventory Management Software
Number of employees
150 (January 2018)
Websitefishbowlinventory.com

Fishbowl (formerly ExpressTech Holdings) is an Orem, Utah-based software company that develops and publishes inventory management software and related software.[1]

History

[edit]

Fishbowl was formed in 2001 by Chuck and Beverly Hale, two business owners in Salt Lake City. The pair invested $3 million into the software company.[2]

In 2015, Fishbowl was named to a list of companies for employee financial security. Fishbowl has also earned a number of business awards for its revenue growth from organizations such as Inc. 5000, Deloitte, MountainWest Capital, and Global Red Herring.[3][4][5][6]

In December 2021, Fishbowl was acquired by Diversis Capital Management, LP, a Los Angeles-based private equity firm focused on investing in software and technology-enabled services organizations.[7][8]

Acquisitions

[edit]

Diversis Capital, via its portfolio company Fishbowl, acquired Red Salt in 2022.[9]

In 2023, the company acquired Sellware.[10]

Products

[edit]

The company's flagship product, formerly called Fishbowl Inventory, is inventory management software that integrates with QuickBooks. It separated into three products, Fishbowl Manufacturing, Fishbowl Warehouse, and Boxstorm, which is a SaaS product.[11][12] As of 2009, Fishbowl has been the top-selling manufacturing and warehouse management product for QuickBooks since 2003.[13]

In addition, Fishbowl Manufacturing, Fishbowl Warehouse, and Boxstorm claim to integrate with QuickBooks Online and other technology.[14]

Boxstorm is a cloud-based inventory management software and mobile app created in 2017 by Fishbowl.[15] Boxstorm is intended for small businesses.[16]

The free version of Boxstorm is called Boxstorm Forever Free. Fishbowl claims it is the first no-cost online inventory management software to integrate with QuickBooks Online.[17] It can be used to scan barcodes, add inventory, perform cycle counts, assign units of measure, and create locations to store inventory.[18]

There are three paid versions of Boxstorm that include other features, such as sales orders, purchase orders, vendors, taxes, stock alerts, and user permissions.[19]

References

[edit]
  1. ^ "Fishbowl Named Sixth-Fastest Growing Company in Utah" (PDF). "Utah Business Magazine". September 2008.
  2. ^ "Fastest-Growing Companies". "Utah Valley BusinessQ". Spring 2008. Archived from the original on May 18, 2011.
  3. ^ "Fishbowl Inventory". Inc. 5000. Retrieved November 6, 2015.
  4. ^ "Deloitte's 2014 Technology Fast 500" (PDF). Deloitte Development LLC. Archived from the original (PDF) on December 4, 2015. Retrieved November 6, 2015.
  5. ^ "Year 2 for Radiate Media as Utah's Fastest Growing Company for 2013 by MountainWest Capital Network". MountainWest Capital Network. October 22, 2013.
  6. ^ "Deloitte's 2014 Technology Fast 500". Deloitte Development LLC. Retrieved November 6, 2015.
  7. ^ "Diversis Capital Announces Acquisition of Fishbowl". "Fishbowl". December 1, 2021.
  8. ^ "Diversis Capital Announces Acquisition of Fishbowl". "PR Newswire". December 1, 2021.
  9. ^ "Fishbowl Inventory buys Red Salt". Salt Lake Business Journal. 2022-09-10. Retrieved 2024-12-05.
  10. ^ FinSMEs (2023-02-05). "Fishbowl Inventory Acquires Sellware". FinSMEs. Retrieved 2024-11-07.
  11. ^ "Fishbowl Adds Manufacturing to Inventory System". "WebCPA". October 19, 2009.
  12. ^ Brousell, David (April 3, 2010). "Easing Mobility in Warehouse Management". "Managing Automation". Archived from the original on July 28, 2012.
  13. ^ Gaskin, James (March 4, 2009). "Extending QuickBooks with Fishbowl Inventory". "IT World".
  14. ^ "Integrations". Fishbowl. Retrieved November 6, 2015.
  15. ^ Murphy, William (February 2, 2018). "QBO App First Look: Boxstorm by Fishbowl". "Insightful Accountant".
  16. ^ "Fishbowl Talks: What Businesses Risk Without Inventory Tech". "PYMNTS.com". June 22, 2018. Retrieved September 26, 2018.
  17. ^ "Boxstorm". "Capterra". Retrieved September 26, 2018.
  18. ^ Arrowsmith, Ranica (July 6, 2018). "Product news: Fishbowl offers free inventory management software for QBO". "Accounting Today". Retrieved September 26, 2018.
  19. ^ Guta, Michael (June 22, 2018). "Boxstorm Forever Free Offers an Online Inventory Management System for Small Businesses". "Small Business Trends". Retrieved September 26, 2018.