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
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Sectors
Financial ServicesTechnology
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Phone
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Website
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Social
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- Legal Name Allegro Development Corporation
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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. 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.
Manages energy trading and risk for commodities like power.
Offers portfolio risk tools for decision support in trading.
Analyzes derivatives for effective hedge management.
Handles vessel operations integrated with trading systems.
Funding Insights of Allegro Development
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2008 | Amount | Series A - Allegro Development | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 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. 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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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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Allegro Development
| 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.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Allegro Development
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Allegro Development Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
Cloud-based treasury automation and risk management solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based risk assessment and management solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Insider threats are detected and managed via user behavior analytics.
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| domain | founded_year | HQ Location |
Risk management solutions for financial institutions are offered.
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| domain | founded_year | HQ Location |
AI-based platform for automating risk and compliance in finance.
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| domain | founded_year | HQ Location |
Cloud based payment automation and cash management solutions for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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 Allegro Development
Frequently Asked Questions about Allegro Development
When was Allegro Development founded?
Allegro Development was founded in 1984 and raised its 1st funding round 24 years after it was founded.
Where is Allegro Development located?
Allegro Development is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
How many employees does Allegro Development have?
As of Dec 31, 2020, the latest employee count at Allegro Development is 111.
What does Allegro Development do?
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.
Who are the top competitors of Allegro Development?
What products or services does Allegro Development offer?
Allegro Development offers Allegro, FEA, Hedge Accounting, and Softmar.
Who are Allegro Development's investors?
Allegro Development has 5 investors. Key investors include ION Group, Vector Capital, Tudor Group, Guidepost Growth Equity, and Cerium Technology.
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