TenFold was founded in 1993 to create an application development environment and applications engine for financial services, healthcare, and numerous other industries across the entire value chain. TenFold is a privately held, independent company that has been operating as an affiliate of the Versata family of companies since 2008. TenFold was founded in South Jordan, Utah, and is now headquartered in Austin, Texas.

TenFold helps companies build and deploy their applications in the time it takes others to write their requirements. With a library of pre-built components that kickstart the development process for most applications, TenFold brings speed and simplicity front and center. The company's lead corporate objective is 100% customer success, a goal toward which it works to obsessively deliver every day.

Versata works with affiliate companies to help them extend and evolve their products in ways that make their customers more successful. A number of the Versata family companies operate in the enterprise application development space, including companies with complementary solutions to those offered by TenFold. The Versata family grows each year through new affiliations formed with additional best-of-breed solution providers. As part of its agreement with Versata, TenFold customers have preferred access to learn about and license all Versata solutions.