About Cartus
Cartus is a company based in Danbury (United States) founded in 1955, and was acquired by Sirva Worldwide in November 2019. Global relocation services are provided by Cartus to clients worldwide. Cartus has raised $54 million across 2 funding rounds from investors including Lloyds Bank and Sirva Worldwide. The company has 133 employees. Its website cartus.com draws about 83 thousand monthly visits. Its Indian entity Cartus India Private Limited reported revenue of ₹40.78 Cr. Cartus offers products and services including Potatoes and Grain Marketing.
Company details
Cartus was founded in 1955 and is headquartered in Danbury, United States. Operations focus on the relocation sector, with services delivered globally. Offerings include consulting, intercultural training, language programs, international assignment compensation, destination support, and government relocation assistance. Inclusion in Training Magazines Top 125 List occurred in 2014. State funding of 6.5 million was obtained in April 2014 from Connecticut to retain the headquarters location.
- Headquarters Danbury, United States
- Employees 133
- Stage Acquired
- Website category Business and Consumer Services · Business Services
- Website cartus.com
- Social LinkedIn X Facebook
- Acquired by Sirva Worldwide (Nov 2019)
- Legal Name Cartus India Private Limited
- Date of Incorporation 06 Dec, 2010
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹40.78 Cr
FY 2024 · -25% YoY
- Indian entity net profit₹15.32 Cr
FY 2024 · 38% margin
- Indian entity EBITDA₹21.43 Cr
FY 2024 · 53% margin
- Total Equity Funding$54M (USD)
in 2 rounds
- Latest Funding Round$54M (USD), Private Equity Round
Nov 2015
- InvestorsLloyds Bank
& 1 more
- Employee Count133
- Acquired bySirva Worldwide
(Nov 2019)
Associated legal entities of Cartus
Cartus operates through Cartus India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cartus India Private Limited CIN U74900KA2010FTC056141 | Active | 06 Dec 2010 | Bangalore, Karnataka | ₹40.8 Cr | 133 | 4 | View details |
Products & Services of Cartus
Cartus offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.
Potatoes are farmed and sold for food and industrial uses by the company.
Grains are promoted and distributed from farms by the company.
Funding Insights of Cartus
Cartus has successfully raised a total of $54M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $54 million completed in November 2015. 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 $54M
- Total Rounds 2
- Last Round Private Equity Round — $54M
- First Round $6.5M
(Apr 2015)
- Investors Count 1
All 2 funding rounds of Cartus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2015 | $54M | Private Equity Round | – | – | |
| Apr 2015 | $6.5M | Debt – Conventional | – | – | – |
2 investors in total: 2 institutional.
Investors in Cartus
Cartus has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lloyds Bank and Sirva Worldwide.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking services are provided to retail and business clients. | 1765 | lloydsbank.com | London, United Kingdom | |
Relocation and moving services are provided for corporations and individuals. | 1998 | sirva.com | Chicago, United States |
Investor details for Cartus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Cartus India Private Limited (Cartus)
Cartus India Private Limited is the primary company behind Cartus. The board of Cartus India Private Limited currently have 4 directors; the longest-serving is Priyanka Guha, appointed in 2015. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priyanka Guha DIN 07134933 | Director | 31 Mar 2015 | 11 yrs 7 mo | Cartus India Private Limited |
| Robert Arthur Line DIN 08577475 | Director | 13 Oct 2019 | 7 yrs | Cartus India Private Limited |
| David Andrew Pascoe DIN 09125992 | Director | 19 Apr 2021 | 5 yrs 6 mo | Cartus India Private Limited |
| Stephanie Ann Dempsey DIN 09814638 | Director | 13 Dec 2022 | 3 yrs 10 mo | Cartus India Private Limited |
People of Cartus
72 people are tracked at Cartus (42 in leadership, 30 in team); the tracked headcount is 133.
| Name | Role | Group |
|---|---|---|
Scott Becker | Ex-Global Product & Innovation Officer | Leadership |
Shelley Pitser | Vice President, Operations Accounting | Leadership |
Olivia Pearsall | Director Of Operations | Leadership |
Christopher Mancuso | Chief Financial Officer | Leadership |
Wendy Kosach | Vice President Of Relocation Accounting And International Assignment Compensation Services | Leadership |
Anna Searle | Client Services Director | Leadership |
Rick Posterick | Director Of Operations | Leadership |
Brenda Thoeny-Johnson | Director, Strategic Business Solutions » Global Talent Mobility | Leadership |
Alzone A. | Vice President, Global Talent Mobility | Leadership |
Karen Marlborough | Director Strategic Business Solutions EMEA | Leadership |
Matthew Tebbe | President And CEO | Leadership |
Rizkallah Rizk | Director, Global Talent Mobility | Leadership |
Mary Flynn | Director✦ Project Management | Global Operations | Strategic Planning | QA | BCP | Security Profiles | Leadership |
Resnick Maryanne | General Manager, Hong Kong | Leadership |
Tamara Breuel | Vice President, Operations | Leadership |
Jo-Lynn Wee | Senior Director, Global Talent Mobility | Leadership |
Rob Moore | Senior Vice President, Global Sales And Marketing » Global Mobility Services | Leadership |
Tammy Martin | Director, Corporate Accounting | Leadership |
Jesse Marshall | Vice President Client Services | Leadership |
Dean McClearn | Vice President, Strategic Business Solutions | Leadership |
52 more people are available in the full profile.
Complete people profiles for Cartus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Cartus
Figures of Cartus India Private Limited, the primary company behind Cartus, for FY 2024. Revenue was ₹40.78 Cr (-25% year on year). Net profit was ₹15.32 Cr (38% margin). EBITDA was ₹21.43 Cr (53% margin). Revenue has grown at a compounded annual rate of +61% over three years and +40% over five years.
- ₹40.78 CrRevenue · FY 2024 · -25% YoY
- ₹15.32 CrNet profit · 38% margin
- ₹21.43 CrEBITDA · 53% margin
- ₹5 LakhPaid-up capital
- 133Employees (provident fund records)
- +61%Revenue CAGR, 3 years
- +40%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cartus India Private Limited are on its company page.
Detailed financial statements for Cartus
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Cartus
4 dated milestones of Cartus across 64 years, from founding to its latest funding, stage changes and deals.
- Founded Cartus is founded.
- Funding First funding round of $6.5M.
- Funding Latest funding round, Private Equity Round, of $54.0M.
- Exit Acquired by Sirva Worldwide.
Web traffic of Cartus
The website of Cartus (cartus.com) receives about 83.1K visits a month and ranks #311,839 among all websites worldwide, #2,325 in Business Services.
- Monthly visits83.1K
▼ 5.2% vs previous month
- Unique visitors24.1K
per month
- Global rank#311,839
among all websites
- Category rank#2,325
Business and Consumer Services · Business Services
- Bounce rate34%
- Pages per visit6.1
- Average visit4 min 22 sec
- DevicesDesktop 62% · Mobile 38%
Websites whose visitors overlap most with Cartus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| worldwideerc.org | 100% | 680.7K | View details | ||
| mindtree.com | 97% | View details | |||
| bleum.com | 97% | View details | |||
ccl.org | ccl.org | 97% | #218,997 | – | |
| csc.com | 97% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for Cartus
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Cartus
Cartus was founded in 1955 and raised its 1st funding round 60 years after it was founded.
Cartus is headquartered in Danbury, United States. It is registered at Danbury, Connecticut, United States.
Cartus is a funded company, having raised a total of $54M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $6.5M, raised on Apr 2015.
Cartus has 133 employees.
The primary company behind Cartus, Cartus India Private Limited, reported revenue of ₹40.78 Cr for FY 2024, down 25% year on year.
Cartus was founded in 1955 and is headquartered in Danbury, United States. Operations focus on the relocation sector, with services delivered globally. Offerings include consulting, intercultural training, language programs, international assignment compensation, destination support, and government relocation assistance. Inclusion in Training Magazines Top 125 List occurred in 2014. State funding of 6.5 million was obtained in April 2014 from Connecticut to retain the headquarters location.
Cartus offers Potatoes and Grain Marketing.
Cartus has 2 investors. Key investors include Lloyds Bank, and Sirva Worldwide.
Cartus operates through Cartus India Private Limited.
Yes. Cartus was acquired by Sirva Worldwide in November 2019.
The legal entities of Cartus currently have 4 directors, including David Andrew Pascoe, Robert Arthur Line, Stephanie Ann Dempsey and others.