Acronis

Singapore, Singapore Founded: 2003 • Age: 23 yrs Acquired By EQT
Cloud-based enterprise management solutions including backup and recovery are provided.
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About Acronis

Acronis is a company based in Singapore (Singapore) founded in 2003 by Stanislav Protassov and Serguei Beloussov was acquired by EQT in August 2024.. Acronis has raised $658 million across 5 funding rounds from investors including CVC, BlackRock and EQT. Acronis has completed 8 acquisitions, including Acronis, BackupAgent and CyberLynx. Acronis operates in a competitive market with competitors including CrowdStrike, Veeam, Rubrik, F Secure and SentinelOne, among others.

  • Headquarter Singapore, Singapore
  • Founders Stanislav Protassov, Serguei Beloussov
  • Stage Unicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Technology → Semiconductors, Electronics & Hardware
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $658 M (USD)

    in 5 rounds

  • Latest Funding Round
    $250 M (USD), Series C

    Jul 28, 2022

  • Investors
    CVC

    & 4 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Acronis

    & 7 more

  • Acquired by
    EQT

    (Aug 07, 2024)

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People of Acronis
Headcount 1000-5000
Employee Profiles 184
Board Members and Advisors 7
Employee Profiles
People
Polly Swann
Senior Executive Assistant To Chief Sales Officer
People
Serguei Beloussov
Co-Founder, Chief Research Officer
People
Gaidar Magdanurov
President
People
Gilberto Bonutti
Sr. Cloud Sales Manager Southern Europe

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Board Members and Advisors
people
Holger Staude
Board Member, Springcoast Partners
people
Charles Ryan
Board Member
people
Serg Bell
Board Member
people
Daniel Williamson
Board Member, CVC Capital Partners

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Funding Insights of Acronis

Acronis has successfully raised a total of $658M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $250 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round Series C — $250.0M
  • First Round

    (01 Jan 2004)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2022 Amount Series C - Acronis Valuation BlackRock
May, 2021 Amount Series C - Acronis Valuation CVC
Sep, 2019 Amount Series B - Acronis Valuation Goldman Sachs Investment Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Acronis

Acronis has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include CVC, BlackRock and EQT. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Mezzanine financing and equity investments are provided by CVC.
Founded Year Domain Location
Investment firm scaling software and technology companies from early to late stages.
Founded Year Domain Location
EQT is recognized as a global investment organization focused on value creation.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Acronis

Acronis has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Acronis, BackupAgent and CyberLynx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of IT security consulting services
2017
Hybrid cloud IaaS is provided for enterprise disaster recovery.
2009
Software solutions are offered for financial services sectors.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Acronis

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Acronis Comparisons

Employees
+
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Competitors of Acronis

Acronis 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 CrowdStrike, Veeam, Rubrik, F Secure and SentinelOne, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Endpoint threats are detected via artificial intelligence by the platform.
domain founded_year HQ Location
IT backup and recovery solutions are provided via cloud platform.
domain founded_year HQ Location
Converged data management solutions are provided for backup and recovery.
domain founded_year HQ Location
Unified endpoint security solutions are provided for threat management.
domain founded_year HQ Location
Cloud based endpoint security solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Acronis

Frequently Asked Questions about Acronis

When was Acronis founded?

Acronis was founded in 2003 and raised its 1st funding round 1 year after it was founded.

Where is Acronis located?

Acronis is headquartered in Singapore, Singapore.

Who is the current CEO of Acronis?

Serguei Beloussov is the current CEO of Acronis. They have also founded this company.

Is Acronis a funded company?

Acronis is a funded company, having raised a total of $658M across 5 funding rounds to date. The company's 1st funding round was a Series B of $147M, raised on Jan 01, 2004.

What does Acronis do?

The company was founded in 2003 in Singapore and operates in the cybersecurity and data management sector. Cloud-based platforms are utilized to deliver disaster recovery, backup, restore, partitioning, boot management, privacy, and data migration services to enterprises, corporations, and consumers. Additional cyber protection solutions, such as managed server backup, anti-malware, patch management, hosting, and data loss prevention, are offered to service providers worldwide.

Who are the top competitors of Acronis?

Acronis's top competitors include Rubrik, Veeam and CrowdStrike.

How many acquisitions has Acronis made?

Acronis has made 8 acquisitions, including Acronis, BackupAgent, and CyberLynx.

Who are Acronis's investors?

Acronis has 5 investors. Key investors include CVC, BlackRock, EQT, Goldman Sachs Investment Partners, and Insight Partners.

What is Acronis's valuation?

The valuation of Acronis is $3.5B as of Jul 2022.

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