Chrome River Technologies
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| Industry | Software-as-a-service (Expense reporting, supplier invoicing) |
|---|---|
| Founders | Alan Rich, Dave Terry |
| Headquarters | Los Angeles, United States |
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Key people
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Alan Rich (CEO) |
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Number of employees
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285 (2016) |
| Website | chromeriver |
Chrome River Technologies is an American software-as-a-service company that creates expense reporting and supplier invoicing automation software for mid-size to large commercial and non profit organizations and higher education institutions worldwide. Founded in 2007 by Alan Rich and Dave Terry, formerly executives of Thomson Reuters Elite, the Los Angeles-based company has received several awards and recognition including rankings on the Inc. 5000, the Deloitte Fast 500, and the Los Angeles Business Journal for its fast growth.
The company is headquartered in the SAG-AFTRA Plaza on Los Angeles' Miracle Mile.
Chrome River was co-founded by Alan Rich and Dave Terry in 2007. Rich had originally started a software company, Elite Data Processing, with his father Harvey Rich in 1988. The company, specializing in the similar field of financial management systems, was renamed Thomson Elite after being acquired by the Thomson Corporation in 2003.
Rich stepped down from the Thomson Elite in February 2007, founding Chrome River in March of the same year. Chrome River was first released into the market in 2008, initially focusing on law firms.
By 2012 Chrome River was used by almost half of the 100 largest law firms in the United States, and the company began to focus on expanding into the general corporate market. In 2012 the company took a US$3 million investment to fund its expansion. The Los Angeles Business Journal first listed Chrome River on its 2012 annual list of the fastest growing companies in the Los Angeles area, where it was listed as the 23rd fastest growing company. Similarly Inc. recognized Chrome River in the Inc. 500, the annual list of fastest growing private US companies, at number 258. Chrome River also announced its first overseas expansion, in London in 2012.
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