About Asparity
Asparity is a Technology company based in Durham (United States) founded in 2001, and was acquired by ADP in September 2011. Decision support and data solutions. Its focus areas include Business Services, IT Services, Application Development and Software Development. Its competitors include Gigster, RedShelf and NXTsoft; 3 of its 3 listed competitors have raised funding.
Company details
Asparity provides decision support and data solutions for the management of health care and employee benefits. The company owns patented technology in conjoint analysis and advanced software applications that it delivers directly to corporate clients, through strategic partners, and in a sponsorship-based web portal (PlanSmartChoice.com).
- Headquarters Durham, United States
- Stage Acquired
- SectorsTechnology
- Website asparity.com
- Social LinkedIn
- Acquired by ADP (Sep 2011)
Investors in Asparity
Asparity has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ADP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based HR management solutions are offered for payroll and compliance. | 1949 | adp.com | Roseland, United States |
Investor details for Asparity
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Timeline of Asparity
2 dated milestones of Asparity across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Asparity is founded.
- Exit Acquired by ADP.
Competitors of Asparity
Asparity has 3 listed competitors in our database, 3 of them funded. They include Gigster, RedShelf and NXTsoft.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gigster.com | 2013 | Austin, United States | $32.5M | 12 | Software development services are provided via an AI-powered platform. | |
| redshelf.com | 2012 | Chicago, United States | $82.53M | 107 | Platform offering digital textbooks for students | |
| nxtsoft.com | 2017 | Birmingham, United States | $4.83M | 79 | Computer software development services provider |
Detailed competitors of Asparity
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Top companies in IT Services & Operations
3 companies that operate in the same segment as Asparity (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Frequently Asked Questions about Asparity
Asparity was founded in 2001.
Asparity is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Asparity provides decision support and data solutions for the management of health care and employee benefits. The company owns patented technology in conjoint analysis and advanced software applications that it delivers directly to corporate clients, through strategic partners, and in a sponsorship-based web portal (PlanSmartChoice.com).
Asparity has 1 investor. Key investors include ADP.
Yes. Asparity was acquired by ADP in September 2011.