Allegro Development

Dallas, United States Founded: 1984 • Age: 42 yrs Acquired By ION Group
Commodity risk management software for energy trading is provided.
Annual revenue - Latest available
Total funding - 1 rounds
Employees 111 Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Allegro Development

Allegro Development is a company based in Dallas (United States) founded in 1984 was acquired by ION Group in April 2019. The company has 111 employees as of December 31, 2020. Allegro Development offers products and services including Allegro, FEA, Hedge Accounting, and Softmar. Allegro Development operates in a competitive market with competitors including Kyriba, CyberGRX, ObserveIT, Middesk and Continuity, among others.

  • Headquarter Dallas, United States
  • Employees 111 as on 31 Dec, 2020
  • Sectors
    Financial Services
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Allegro Development Corporation
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
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  • Latest Funding Round
    Not available
  • Investors
    ION Group

    & 4 more

  • Employee Count
    111

    as on Dec 31, 2020

  • Acquired by
    ION Group

    & 1 more

    (Apr 17, 2019)

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Products & Services of Allegro Development

Allegro Development offers a comprehensive portfolio of products and services, including Allegro, FEA, Hedge Accounting, and Softmar.

Product name locked
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Primary

Manages energy trading and risk for commodities like power.

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Offers portfolio risk tools for decision support in trading.

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Analyzes derivatives for effective hedge management.

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Handles vessel operations integrated with trading systems.

Funding Insights of Allegro Development

Investors in Allegro Development

Allegro Development has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include ION Group, Vector Capital and Tudor Group.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth-stage companies are targeted for investment by Guidepost Growth Equity.
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Investments in technology companies are facilitated through private equity.
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Investor details for Allegro Development

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Investments & Acquisitions by Allegro Development

Investments
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Investment portfolio details for Allegro Development

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Financial Statements - Allegro Development

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Detailed financials for Allegro Development

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Allegro Development Comparisons

Allegro Development Primary company
Description
Commodity risk management software for energy trading is pro...
Location
Dallas, United States
Founded Year
1984
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
111
As of 2020
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Peer comparison for Allegro Development

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Competitors of Allegro Development

Allegro Development 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 Kyriba, CyberGRX, ObserveIT, Middesk and Continuity, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based treasury automation and risk management solutions are provided.
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Cloud-based risk assessment and management solutions are provided for enterprises.
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Insider threats are detected and managed via user behavior analytics.
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Risk management solutions for financial institutions are offered.
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AI-based platform for automating risk and compliance in finance.
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Cloud based payment automation and cash management solutions for businesses
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Detailed competitors of Allegro Development

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Latest news on Allegro Development

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Complete news archive for Allegro Development

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Frequently Asked Questions about Allegro Development

Allegro Development was founded in 1984 and raised its 1st funding round 24 years after it was founded.

Allegro Development is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.

As of Dec 31, 2020, the latest employee count at Allegro Development is 111.

Allegro Development was founded in 1984 and is headquartered in Dallas, Texas, United States. Software solutions for energy trading and risk management are offered, with technologies like SOA and grid computing used to support operations in front, middle, and back offices. Real-time data is supplied to global clients in the commodities sector, including major energy and trading firms, to inform business decisions.

Allegro Development's top competitors include Kyriba, Middesk and AccessPay.

Allegro Development offers Allegro, FEA, Hedge Accounting, and Softmar.

Allegro Development has 5 investors. Key investors include ION Group, Vector Capital, Tudor Group, Guidepost Growth Equity, and Cerium Technology.

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