About Algoworks
Algoworks is a Business Services company based in Ramsey (United States) founded in 2006 by Rachit Agarwal, Pratyush Kumar, and Ajeet Singh, and was acquired by FROM in September 2023. IT suite services including software development and AI are provided. It operates in the Business Services and Technology sectors. The company has 668 employees. Its website algoworks.com draws about 12 thousand monthly visits. Its Indian entity Algoworks Technologies Private Limited reported revenue of ₹148 Cr. Its focus areas include IT Services, Suite, Digital Transformation Services and Horizontal. Its competitors include Sierra Atlantic and GlowTouch; 1 of its 2 listed competitors has raised funding.
Company details
Algoworks was founded in 2006 and is headquartered in Ramsey, United States. Operations focus on the IT sector, where a variety of services are delivered, such as software development, mobile and web applications, artificial intelligence, data analytics, DevOps, cloud engineering, Salesforce consulting and customization, and automation. Technologies are built and managed to support business outcomes through integrated design and engineering approaches.
- Headquarters Ramsey, United States
- Employees 668
- Founders Rachit Agarwal, Pratyush Kumar, Ajeet Singh
- Stage Acquired
- SectorsBusiness ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website algoworks.com
- Social LinkedIn X Facebook
- Acquired by FROM (Sep 2023)
- Legal Name Algoworks Technologies Private Limited
- Date of Incorporation 14 Dec, 2006
- Jurisdiction Delhi, India
Associated legal entities of Algoworks
Algoworks is associated with 2 registered companies on The Company Check; the primary company is Algoworks Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Algoworks Technologies Private Limited CIN U72200DL2006PTC156602 | Active | 14 Dec 2006 | Delhi, Delhi | ₹148 Cr | 668 | 2 | View details |
| Parworks Innovations Llp CIN ACB-7082 | Active | 23 Jun 2023 | Noida, Uttar Pradesh | 3 | View details |
Investors in Algoworks
Algoworks has secured backing from 1 investor. Prominent investors backing the company include FROM.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of various digital marketing tools and platforms, including online forms, slideshows, note-taking apps, document editors, spreadsheets, and photo books | 2016 | from.digital | New York, United States |
Investor details for Algoworks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Algoworks Technologies Private Limited (Algoworks)
Algoworks Technologies Private Limited is the primary company behind Algoworks. The boards of the 2 registered companies of Algoworks currently have 5 directors; the longest-serving is Rachit Agarwal, appointed in 2023. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rachit Agarwal DIN 00947819 | Designated Partner | 23 Jun 2023 | 3 yrs 4 mo | Parworks Innovations Llp |
| Pratyush Kumar DIN 00947715 | Designated Partner | 23 Jun 2023 | 3 yrs 4 mo | Parworks Innovations Llp |
| Ajeet Singh DIN 00947872 | Designated Partner | 23 Jun 2023 | 3 yrs 4 mo | Parworks Innovations Llp |
| Yan Richard Levinski DIN 10217156 | Nominee Director | 28 Jul 2023 | 3 yrs 2 mo | Algoworks Technologies Private Limited |
| Manisha Sachdeva DIN 09456674 | Nominee Director | 03 May 2024 | 2 yrs 5 mo | Algoworks Technologies Private Limited |
People of Algoworks
50 people are tracked at Algoworks (17 in leadership, 33 in team); the tracked headcount is 668.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder & President | Leadership | |
| Co-Founder | Leadership | |
Shamik C. | Senior Vice President Of Sales - Pe, Ai, M&a | Leadership |
Derek Harrar | CEO | Leadership |
Ravi Jain | Director & Global Head, BI | Leadership |
Pradeep Muthaiyan | Associate Vice President - Business Development | Leadership |
Manish Soni | Senior Vice President Of Sales (a Trivest Partners Company) | Leadership |
Sanjukta Biswas (She/Her) | Vp-hr | Leadership |
Manas Chaturvedi | Accounts & Partnership Director | Leadership |
Sanjukta Biswas | VP, Human Resources | Leadership |
Myra Collins | VP International Business Development | Leadership |
Rohit Jaitly | Senior Vice President | Leadership |
Lakshmikanth R G | Chief Financial Officer | Leadership |
Vinay Kumar Gautam | Head - Administration & Procurement | Leadership |
Ajita Chander | Senior Director Business Development | Leadership |
Nauman Ahmad | Head of Design & Marketing | Leadership |
Ruval Chauhan | AVP Business Development | Team |
Nitu Kumar Sharma | Lead UI Designer | Team |
Ashutosh Singh | Frontend Web Developer | Team |
30 more people are available in the full profile.
Complete people profiles for Algoworks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Algoworks
Figures of Algoworks Technologies Private Limited, the primary company behind Algoworks, for FY 2024. Revenue was ₹148 Cr (+7% year on year). Net loss was -₹7.78 Cr (-5% margin). EBITDA was -₹4.89 Cr (-3% margin). Revenue has grown at a compounded annual rate of +33% over three years and +37% over five years.
- ₹148 CrRevenue · FY 2024 · +7% YoY
- -₹7.78 CrNet loss · -5% margin
- -₹4.89 CrEBITDA · -3% margin
- ₹96,000Paid-up capital
- 668Employees (provident fund records)
- +33%Revenue CAGR, 3 years
- +37%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Algoworks Technologies Private Limited are on its company page.
Detailed financial statements for Algoworks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Algoworks
2 dated milestones of Algoworks across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Algoworks is founded.
- Exit Acquired by FROM.
Competitors of Algoworks
Algoworks has 2 listed competitors in our database, 1 of them funded. They include Sierra Atlantic and GlowTouch.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. |
Detailed competitors of Algoworks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Algoworks
The website of Algoworks (algoworks.com) receives about 12.2K visits a month.
- Monthly visits12.2K
▼ 19.2% vs previous month
Websites whose visitors overlap most with Algoworks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
codleo.com | codleo.com | 100% | #1,649,409 | – | |
| 360degreecloud.com | 99% | 16.1K | #1,751,356 | View details | |
| techaheadcorp.com | 98% | 53.6K | #777,382 | View details | |
| hyperlinkinfosystem.com | 96% | 35.9K | #904,357 | View details | |
girikon.com | girikon.com | 96% | #1,871,051 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Algoworks
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Digital Transformation & Automation Services
3 companies that operate in the same segment as Algoworks (Digital Transformation & Automation Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Artificial intelligence and analytics solutions are provided for enterprise transformation. | 2000 | New York, New York, United States | USD 685 M | USD 270.83 M | 5,217 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Algoworks
Algoworks was founded in 2006.
Algoworks is headquartered in Ramsey, United States. It is registered at Ramsey, Minnesota, United States.
Algoworks has 668 employees.
The primary company behind Algoworks, Algoworks Technologies Private Limited, reported revenue of ₹148 Cr for FY 2024, up 7% year on year.
Algoworks was founded in 2006 and is headquartered in Ramsey, United States. Operations focus on the IT sector, where a variety of services are delivered, such as software development, mobile and web applications, artificial intelligence, data analytics, DevOps, cloud engineering, Salesforce consulting and customization, and automation. Technologies are built and managed to support business outcomes through integrated design and engineering approaches.
Algoworks's top competitors include GlowTouch and Sierra Atlantic.
Algoworks has 1 investor. Key investors include FROM.
Algoworks is associated with 2 legal entities: Algoworks Technologies Private Limited, Parworks Innovations Llp.
Yes. Algoworks was acquired by FROM in September 2023.
The legal entities of Algoworks currently have 5 directors, including Rachit Agarwal, Pratyush Kumar, Ajeet Singh and others.