About Alithya
Alithya is a company based in Montreal (Canada) founded in 1992 by Ghyslain Rivard. It operates as a Professional Services, and Managed Services. Alithya has raised $17 million across 3 funding rounds from investors including TELUS, iA Financial Group and Regional Capital and Cooperative Desjardins. The company has 2,800 employees as of March 31, 2024. Alithya has completed 10 acquisitions, including Alithya, Alithya and Askida. Alithya offers products and services including Strategic Consulting, Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Data and Analytics, and Managed Services. Alithya operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Montreal, Canada
- Employees 2800 as on 31 Mar, 2024
- Founders Ghyslain Rivard
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Alithya Group, Inc. Class A
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Annual Revenue
$329.08 M (USD)-3.59as on Mar 31, 2024
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Net Profit
$903.53 K (USD)107.8as on Mar 31, 2024
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EBITDA
$21.6 M (USD)49.81as on Mar 31, 2024
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Total Equity Funding
$17 M (USD)
in 3 rounds
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Latest Funding Round
$108.6 K (USD), Post-IPO
Dec 01, 2024
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Investors
TELUS
& 3 more
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Employee Count
2800
as on Mar 31, 2024
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Investments & Acquisitions
Alithya
& 9 more
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IPO & Listings of Alithya
Alithya is a publicly listed company on the TSX with ticker symbol ALYA in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Alithya
Alithya offers a comprehensive portfolio of products and services, including Strategic Consulting, Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Data and Analytics, and Managed Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Digital strategies are developed to enhance business competitiveness.
Business operations are streamlined through unified data systems.
Customer visibility is improved with advanced technology solutions.
Insights are extracted from data for informed decisions.
Operations are enhanced through outsourced task management.
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Software Development Team
117 people
Leadership Team
46 people
Sales and Marketing
23 people
Senior Team
20 people
Directeur Team
12 people
Product Management Team
10 people
Human Resources and Administration
9 people
Analyste Team
6 people
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Funding Insights of Alithya
Alithya has successfully raised a total of $17M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $108.6 thousand completed in December 2024. 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 Funding
- Total Rounds 3
- Last Round Post-IPO — $108,600
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Post-IPO - Alithya | Valuation |
investors |
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| Jan, 2017 | Amount | Series B - Alithya | Valuation |
investors |
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| Jan, 2015 | Amount | Series A - Alithya | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alithya
Alithya has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include TELUS, iA Financial Group and Regional Capital and Cooperative Desjardins. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provides investment opportunities in Quebec's regional and cooperative enterprises.
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Founded Year | Domain | Location | |
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Business guidance for corporate companies and startups
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Founded Year | Domain | Location | |
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Integrated telecom and IPTV services are provided to Canadian customers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alithya
Alithya has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Alithya, Alithya and Askida. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based software for medical equipment management is offered.
|
2015 | ||||
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Company specializing in Microsoft-based business solutions and CRM consulting
|
2008 | ||||
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AI-based enterprise information management solutions are provided.
|
2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Alithya
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alithya Comparisons
Competitors of Alithya
Alithya 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. 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Alithya
Frequently Asked Questions about Alithya
When was Alithya founded?
Alithya was founded in 1992 and raised its 1st funding round 23 years after it was founded.
Where is Alithya located?
Alithya is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of Alithya?
Paul Raymond is the current CEO of Alithya.
Is Alithya a funded company?
Alithya is a funded company, having raised a total of $17M across 3 funding rounds to date.
How many employees does Alithya have?
As of Mar 31, 2024, the latest employee count at Alithya is 2,800.
What is the annual revenue of Alithya?
Annual revenue of Alithya is $329.08M as on Mar 31, 2024.
What does Alithya do?
Alithya is established as a leader in strategy and digital transformation, providing practical IT consulting services across various industries including manufacturing, energy, financial services, government, healthcare, higher education, telecommunications, and transportation. Solutions are tailored to optimize technology investments, focusing on enterprise transformation through services like ERP, CRM, SCM, and HCM. Expertise in data analytics, AI, and machine learning is leveraged to deliver actionable insights. Partnerships with major technology vendors such as Microsoft, Oracle, AWS, and Salesforce are maintained to deploy powerful enterprise solutions. Business enablement services, including digital adoption, training, and managed services, are offered to ensure maximum ROI and seamless integration of digital projects.
Who are the top competitors of Alithya?
Alithya's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Alithya offer?
Alithya offers Strategic Consulting, Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Data and Analytics, and Managed Services.
Is Alithya publicly traded?
Yes, Alithya is publicly traded on TSX under the ticker symbol ALYA.
How many acquisitions has Alithya made?
Who are Alithya's investors?
Alithya has 4 investors. Key investors include TELUS, iA Financial Group, Regional Capital and Cooperative Desjardins, and Invest Quebec.
What is Alithya's ticker symbol?
The ticker symbol of Alithya is ALYA on TSX.
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