About Altimetrik
Altimetrik is a company based in Southfield (United States) founded in 2012 by Raj Vattikuti was acquired by TPG in June 2024.. The company has 4,461 employees as of April 09, 2024. Altimetrik has completed 1 acquisition, including SLK Software. Altimetrik offers products and services including Cloud Engineering, AI/GenAI, DevSecOps, Data Engineering, and Digital Engineering. Altimetrik operates in a competitive market with competitors including Loyal, Appfire, Sango Technologies, Mega Fortuna and Airspeed, among others.
- Headquarter Southfield, United States
- Employees 4461 as on 09 Apr, 2024
- Founders Raj Vattikuti
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Altimetrik India Private Limited
- Date of Incorporation 21 Jul, 2003
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$132.69 M (USD)31.39as on Mar 31, 2023
-
Net Profit
$5.98 M (USD)4.81as on Mar 31, 2023
-
EBITDA
$11.06 M (USD)27.25as on Mar 31, 2023
-
Latest Funding Round
- Investors
-
Employee Count
4461
as on Apr 09, 2024
- Investments & Acquisitions
-
Acquired by
TPG
(Jun 27, 2024)
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
Products & Services of Altimetrik
Altimetrik offers a comprehensive portfolio of products and services, including Cloud Engineering, AI/GenAI, DevSecOps, Data Engineering, and Digital Engineering. 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.
Design and manage scalable, secure cloud environments for businesses.
Leverage AI to automate tasks and enhance customer experiences effectively.
Integrate security into development for secure and efficient code delivery.
Transform raw data into actionable insights for better decision-making.
Build scalable digital platforms to meet evolving business needs.
Unlock access to complete
Unlock access to complete
Funding Insights of Altimetrik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Altimetrik
Altimetrik has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TPG. 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 |
|---|---|---|---|---|
|
Fund of funds focused on pre-seed and seed-stage companies
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Altimetrik
Altimetrik has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SLK Software. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
IT, digital transformation, analytics, and AI services are provided.
|
2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Altimetrik
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altimetrik Comparisons
Competitors of Altimetrik
Altimetrik 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 Loyal, Appfire, Sango Technologies, Mega Fortuna and Airspeed, 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 |
Mobile application development, data management, and advertising services are provided.
|
|
| domain | founded_year | HQ Location |
Mobile app development services are offered by Appfire.
|
|
| domain | founded_year | HQ Location |
Application development services are provided to support business applications.
|
|
| domain | founded_year | HQ Location |
Apps and games for mobile platforms are developed and published.
|
|
| domain | founded_year | HQ Location |
Limited information available
|
|
| domain | founded_year | HQ Location |
AI-based applications are developed using deep learning and machine vision.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Altimetrik
Frequently Asked Questions about Altimetrik
When was Altimetrik founded?
Altimetrik was founded in 2012.
Where is Altimetrik located?
Altimetrik is headquartered in Southfield, United States. It is registered at Southfield, Michigan, United States.
Who is the current CEO of Altimetrik?
Raj Vattikuti is the current CEO of Altimetrik. They have also founded this company.
How many employees does Altimetrik have?
As of Apr 09, 2024, the latest employee count at Altimetrik is 4,461.
What is the annual revenue of Altimetrik?
Annual revenue of Altimetrik is $132.69M as on Mar 31, 2023.
What does Altimetrik do?
Altimetrik was founded in 2012 and is headquartered in Southfield, United States. Digital business services are offered by the company in the technology sector, with a focus on data and digital engineering. Business outcomes are achieved through an agile, product-oriented approach. Enterprises are supported in digital growth across various operations, including engineering solutions tailored to their needs.
Who are the top competitors of Altimetrik?
Altimetrik's top competitors include Loyal, Mega Fortuna and Appfire.
What products or services does Altimetrik offer?
Altimetrik offers Cloud Engineering, AI/GenAI, DevSecOps, Data Engineering, and Digital Engineering.
How many acquisitions has Altimetrik made?
Altimetrik has made 1 acquisition, including SLK Software.
Who are Altimetrik's investors?
Altimetrik has 1 investor. Key investors include TPG.