Dapper, an online ad creation and optimization startup, was founded in Israel. Wanting to be closer to global tech giants, the founders moved to the Silicon Valley to create a US team and operations from scratch.
As most entrepreneurs do, they wanted to focus on strategy and business execution. However, they were faced with an unfamiliar operating environment in several key areas: accounting, tax, human resources and business entity creation and maintenance, just to name a few.
Sagent fully established and supported Dapper’s US entity, with services ranging from business and tax registration to establishing and managing insurance policies, vendor relationships and the company’s office.
As Dapper’s needs evolved, Sagent’s tailored suite of services went on to include Accounting Services, CFO Services, Bookkeeping & Payroll, Tax Compliance, Human Resources Services, Valuation Services, Transfer Pricing and other Advisory Services such as sell-side Due Diligence services for all of its global locations.
The Sagent Impact
Sagent’s customized services allowed Dapper to enter a new market and hit the ground running.
Free to focus on growing the business — and able to benefit from Sagent’s local market knowledge and connections — management was able to ramp the business quickly. Within 3 years, the company had a healthy 90% year-over-year revenue growth rate over a significant base.
Dapper was acquired by Yahoo! in 2010.