About Acorio
Acorio is a company based in Boston (United States) founded in 2005 was acquired by NTT DATA in August 2020. Acorio has completed 1 acquisition, including BusinessForward. Acorio operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Boston, United States
- SectorsTechnology
- Phone•••• ••••
- Website acorio.com
- Social LinkedIn X
- Acquired by NTT DATA (Aug 2020)
Funding Insights of Acorio
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Acorio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2013 | – | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Acorio
Acorio has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include NTT DATA and Momentum Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Strategic partnerships are provided for technology service businesses. | – | momentumequity.com | Boston, USA | |
Application development, cloud, cybersecurity, and business intelligence services are provided. | 1967 | nttdata.com | Koto City, Japan |
Investor details for Acorio
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Acorio
934 people are tracked at Acorio (300 in leadership, 7 in board & advisors, 627 in team).
| Name | Role | Group |
|---|---|---|
Madhusudhan Magadi | Managing Director, CTO | Leadership |
Pat McCurnin | Sr. Director SAP Advisory Services | Leadership |
Asako Toyoda | Director and Executive Vice President CRO | Leadership |
Rupam Bora | Delivery Director | Leadership |
Charlie Li | Global Head of Cloud & Security | Leadership |
Antonio Marzullo | Director | Leadership |
Rahul Kanojia | Director, Sales | Leadership |
Alan Turnley-Jones | CEO Middle East & Africa | Leadership |
Roli Agrawal | Chief of CEO Office, Strategy and Sales Transformation | Leadership |
Richard W. | Director And Head Of Talent And Performance | Leadership |
Raghwinder Tiwari | Associate Director - Digital Solution Architect | Leadership |
Prasoon Agrawal | Managing Director- Segment Leader Financial Services | Leadership |
Mog Obahor | AI Solutions Architect - Director | Leadership |
Landon Brock | Delivery Director - NASA | Leadership |
Darren Ryland | Director Of Cyber Security NTT Data NZ | Leadership |
Margo Cooke | Head of Marketing | Leadership |
Sivakumar Gurupackiam | SVP - Head Of Solutions And Strategy - Manufacturing And Commercial Industries | Leadership |
Kashyap Balakrishnan | Vice President, Sales - Manufacturing, Energy & Commercial Industries | Leadership |
Anjan Majumdar | Vice President | Leadership |
Keiichi Minami | Director Of Sales Section, Global Business Integration Division, E-it Company | Leadership |
914 more people are available in the full profile.
Complete people profiles for Acorio
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Investments & Acquisitions by Acorio
Acorio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BusinessForward.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Human capital management and business consulting services are provided. | businessforward.com | Pittsburgh, United States | 2006 | Jun 2019 | •••• |
Complete acquisition details for Acorio
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Acorio
4 dated milestones of Acorio across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Acorio is founded.
- Funding First funding round.
- Acquisition Acquires BusinessForward.
- Exit Acquired by NTT DATA.
Competitors of Acorio
Acorio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| girnarsoft.com | 2007 | Jaipur, India | $570.12M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Acorio
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- Full competitor set
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Latest news on Acorio
Complete news archive for Acorio
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Acorio
10 companies that operate in the same segment as Acorio (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Acorio
Acorio was founded in 2005 and raised its 1st funding round 8 years after it was founded.
Acorio is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Acorio was founded in 2005 and is headquartered in Boston, United States. Operations focus on the IT services sector, where integration solutions for ServiceNow platforms are developed and implemented. Consulting expertise is offered to optimize workflows and enhance system performance for enterprise clients. Services encompass customization, migration support, and ongoing maintenance, primarily serving organizations across North America through a dedicated team of specialists.
Acorio's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Acorio has made 1 acquisition, including BusinessForward.
Acorio has 2 investors. Key investors include NTT DATA, and Momentum Equity Partners.
Yes. Acorio was acquired by NTT DATA in August 2020.