About AlgoShack
AlgoShack is a company based in Bengaluru (India) founded in 2018 by Vadeesha Budramane. AlgoShack has raised $80.02 thousand across 1 funding round from investors including Ravi Babu Venkatramaiah and Sanjeev Kumar Singh. The company has 158 employees as of March 31, 2024. AlgoShack offers products and services including algoQA. AlgoShack operates in a competitive market with competitors including QualiTest, Cigniti, App Labs, SQS and Ten10 Group, among others.
- Headquarter Bengaluru, India
- Employees 158 as on 31 Mar, 2024
- Founders Vadeesha Budramane
- Stage Minicorn
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Algoshack Technologies Private Limited
- Date of Incorporation 11 Jan, 2018
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$1.54 M (USD)65.57as on Mar 31, 2023
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Net Profit
$226.88 K (USD)2.84as on Mar 31, 2023
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EBITDA
$351.08 K (USD)23.02as on Mar 31, 2023
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Total Equity Funding
$80.02 K (USD)
in 1 rounds
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Latest Funding Round
$80.02 K (USD), Angel Round
May 11, 2020
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Investors
& 1 more
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Employee Count
158
as on Mar 31, 2024
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Products & Services of AlgoShack
AlgoShack offers a comprehensive portfolio of products and services, including algoQA.
AI tool for generating and executing software test cases efficiently.
People of AlgoShack
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Funding Insights of AlgoShack
AlgoShack has successfully raised a total of $80.02K through 1 strategic funding round. The most recent funding activity was a Angel Round of $80.02 thousand completed in May 2020. 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.
Investors in AlgoShack
AlgoShack has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Ravi Babu Venkatramaiah and Sanjeev Kumar Singh.
| Investor | Description | Founded Year | Domain | Location |
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Ravi Babu Venkatramaiah |
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SK
Sanjeev Kumar Singh |
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Investor details for AlgoShack
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Investments & Acquisitions by AlgoShack
Investment portfolio details for AlgoShack
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Financial Statements - AlgoShack
Detailed financials for AlgoShack
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Algoshack Comparisons
Peer comparison for AlgoShack
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Competitors of AlgoShack
AlgoShack 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 QualiTest, Cigniti, App Labs, SQS and Ten10 Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Software testing services are provided across multiple industries.
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Independent software testing services are provided with proprietary tools.
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Provider of software testing services
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Software testing services are provided across various industries by SQS.
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Software testing services are delivered to support quality assurance needs.
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Software testing services including automation and consultancy are provided.
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Detailed competitors of AlgoShack
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Latest news on Algoshack
Complete news archive for AlgoShack
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Frequently Asked Questions about AlgoShack
AlgoShack was founded in 2018 and raised its 1st funding round 2 years after it was founded.
AlgoShack is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vadeesha Budramane is the current CEO of AlgoShack. They have also founded this company.
AlgoShack is a funded company, having raised a total of $80.02K across 1 funding round to date.
As of Mar 31, 2024, the latest employee count at AlgoShack is 158.
Annual revenue of AlgoShack is $1.54M as on Mar 31, 2023.
AlgoShack was founded in 2018 by Vadeesha Budramane and is headquartered in Bengaluru, India. Operations are focused on the software testing sector, where services such as quality assurance and validation are delivered to clients. The company supports various software development needs through testing methodologies, with activities centered in the Indian technology hub. Expansion in service offerings has been noted since inception.
AlgoShack offers algoQA.
AlgoShack has 2 investors. Key investors include Ravi Babu Venkatramaiah, and Sanjeev Kumar Singh.
The valuation of AlgoShack is $1.39M as of May 2020.