Clearwater Analytics

Boise, United States Founded: 2004 • Age: 22 yrs Listed Acquired By Welsh, Carson, Anderson & Stowe
Investment reporting and analytics platform is provided for asset managers.

About Clearwater Analytics

Clearwater Analytics is a publicly listed company based in Boise (United States) founded in 2004, and was acquired by Welsh, Carson, Anderson & Stowe in January 2016. Investment reporting and analytics platform is provided for asset managers. It operates on a SaaS (Software-as-a-Service) model. Clearwater Analytics has raised $8 million across 2 funding rounds from investors including Permira, Welsh, Carson, Anderson & Stowe and Warburg Pincus. The company has 1,920 employees. Clearwater Analytics has completed 3 acquisitions, including CWAN, Enfusion and Jump Technology. Its chief executive, as recorded, is Courtlandt Gates. Its website clearwateranalytics.com draws about 19 thousand monthly visits. Its Indian entity Clearwater Analytics India Private Limited reported revenue of β‚Ή207 Cr. Clearwater Analytics offers products and services including CWAN Platform, Enfusion by CWAN, and Beacon by CWAN. Its focus areas include Financial Technology and Investment Management Software.

Company details

Clearwater Analytics is known for delivering a next-generation investment management platform that unifies front-to-back office operations. The platform supports portfolio management, data integration, accounting, analytics, and real-time risk management across public and private markets. It serves diverse industries including asset managers, banks, corporates, energy companies, hedge funds, insurance firms, pensions, endowments, and public sector entities. Solutions are tailored for roles in finance, investment, operations, risk, and technology, ensuring scalability and compliance with regulations like NAIC and Solvency II. GenAI integration and cloud-native architecture are utilized to enhance decision-making and operational efficiency for global institutional investors.

  • Headquarters Boise, United States
  • Employees 1,920
  • Stage Public
  • Sectors
    Technology
  • Website category Finance · Investing
  • Email
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  • Phone
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  • Website clearwateranalytics.com
  • Social LinkedIn X Facebook
  • Acquired by Welsh, Carson, Anderson & Stowe (Jan 2016)
  • Legal Name Clearwater Analytics Holdings, Inc.
Key Metrics
  • Indian entity revenue
    ₹207 Cr

    FY 2025 · +19% YoY

  • Indian entity net profit
    ₹21.13 Cr

    FY 2025 · 10% margin

  • Indian entity EBITDA
    ₹53.68 Cr

    FY 2025 · 26% margin

  • Total Equity Funding
    $8M (USD)

    in 2 rounds

  • Investors
    Permira

    & 5 more

  • Employee Count
    1,920
  • Investments & Acquisitions
    CWAN

    & 2 more

  • Acquired by

Products & Services of Clearwater Analytics

Clearwater Analytics offers a comprehensive portfolio of products and services, including CWAN Platform, Enfusion by CWAN, and Beacon by CWAN.

CWAN Platform
Investment Management Platform

Unified platform for front-to-back investment lifecycle management.

Enfusion by CWAN
Portfolio Management

Solution for unifying portfolio and order execution tasks.

Beacon by CWAN
Trading and Risk Management

Tool for enhancing cross-asset trading and risk oversight.

Funding Insights of Clearwater Analytics

Clearwater Analytics has successfully raised a total of $8M across 2 strategic funding rounds. 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 $8M
  • Total Rounds 2
  • First Round $8M

    (Dec 2010)

  • Investors Count 5

All 2 funding rounds of Clearwater Analytics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2020Series B–Permira, Warburg Pincus
–
Dec 2010$8MSeries A––
Valuation history

6 investors in total: 6 institutional.

Investors in Clearwater Analytics

Clearwater Analytics has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Permira, Welsh, Carson, Anderson & Stowe and Warburg Pincus.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investments are made in technology, consumer, healthcare, and service sectors.
1985permira.comLondon, United Kingdom
Multi-stage private equity investments are pursued across diverse sectors.
1966warburgpincus.comNew York, United States
Private equity investments are made in technology-enabled growth companies.
dragoneer.comSan Francisco, United States
Investment management services are offered by Durable Capital Partners.
durablecap.comBethesda, United States
Summit Partners is recognized as a growth equity investment firm.
summitpartners.comBoston, United States
Healthcare and technology sectors are targeted for private equity investments.
1979wcas.comNew York, United States
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Investor details for Clearwater Analytics

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Board of directors of Clearwater Analytics India Private Limited (Clearwater Analytics)

Clearwater Analytics India Private Limited is the primary company behind Clearwater Analytics. The boards of the 2 registered companies of Clearwater Analytics currently have 9 directors; the longest-serving is Anurag Singh, appointed in 2019. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anurag Singh
DIN 05153963
Managing Director25 Jul 20197 yrs 3 moClearwater Analytics India Private Limited
James Samuel Cox Jr
DIN 07727722
Director25 Jul 20197 yrs 3 moClearwater Analytics India Private Limited
Sandeep Sahai
DIN 03037832
Director25 Jul 20197 yrs 3 moClearwater Analytics India Private Limited
Sandeep Sharma
DIN 08731148
Director25 Sep 20242 yrs 1 moClearwater Analytics India Private Limited
Arcot Vyasa
DIN 08656191
Managing Director03 Oct 20242 yrsClear Water Limited
Ganesh Dattatraya Samant
DIN 00457859
Additional Director03 Oct 20242 yrsClear Water Limited
Subhajit Mukherjee
DIN 10140951
Additional Director03 Oct 20242 yrsClear Water Limited
Karan Kishor Ghai
DIN 10809157
Additional Director15 Oct 20242 yrsClear Water Limited
Prasad Tulshidas Samant
DIN 00457890
Additional Director19 Aug 20251 yr 2 moClear Water Limited

People of Clearwater Analytics

249 people are tracked at Clearwater Analytics (65 in leadership, 9 in board & advisors, 175 in team); the tracked headcount is 1,920.

NameRoleGroup
Courtlandt Gates
CEOLeadership
Jim Cox
CFOLeadership
Alphonse Valbrune
Chief Legal OfficerLeadership
Josef Sommeregger
Region Head And Member Of Executive Management TeamLeadership
Scott Erickson
President, Americas & New MarketsLeadership
Calin M.
Associate Vice President, EMEA Business Development (enfusion By Cwan)Leadership
Kuldeep Kelkar
VP Head Of User Experience And DesignLeadership
Andi Woolass
Executive Director, EMEA Head Of PartnershipsLeadership
Jian Chen
Executive DirectorLeadership
Evan Bergstrom
Senior Director - Software Engineering (asset Management)Leadership
Souvik Das
Chief Product & Technology OfficerLeadership
Hafeez Shaikh
Senior Vice PresidentLeadership
James Price
Managing Director - Platform IntegrationLeadership
Gianfranco Aragona
Director Of It, Global Infrastructure & OperationsLeadership
Shilpa Dabke
Vice President - Global Head Of Platform EngineeringLeadership
Ann-Sophie Skjoldager Bom
Head Of Strategic AccountsLeadership
Mandar Mestry
Executive DirectorLeadership
Rett Lowell Monson
Head Of Marketing, AmericasLeadership
Paul Bassett
Vice President-interfaces Product Team LeadLeadership
Artyom Khlyustov
Head Of Presales, Solutions Consulting - Strategic Accounts, North AmericaLeadership

229 more people are available in the full profile.

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IPO & Listings of Clearwater Analytics

Clearwater Analytics is a publicly listed company on the NYSE with ticker symbol CWAN in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date24 Sep 2021
  • Listed onNYSE: CWAN
  • Listed entityClearwater Analytics Holdings, Inc.
  • Exchange sectorTechnology services
  • ISINUS1851231068
  • Share price$24.35 (+0.21% on the day) · 2026-05-11
  • Market capitalisation$7.27B
  • Price to earnings14.4
  • EPS (diluted, trailing year)$-0.17
  • Volume (last session)4,848,075
  • Analyst consensusNeutral

Financials of Clearwater Analytics

Figures of Clearwater Analytics India Private Limited, the primary company behind Clearwater Analytics, for FY 2025. Revenue was ₹207 Cr (+19% year on year). Net profit was ₹21.13 Cr (10% margin). EBITDA was ₹53.68 Cr (26% margin). Revenue has grown at a compounded annual rate of +23% over three years and +471% over five years.

  • ₹207 CrRevenue · FY 2025 · +19% YoY
  • ₹21.13 CrNet profit · 10% margin
  • ₹53.68 CrEBITDA · 26% margin
  • ₹1.75 CrPaid-up capital
  • 487Employees (provident fund records)
  • +23%Revenue CAGR, 3 years
  • +471%Revenue CAGR, 5 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2024$451.8M$424.4M$32.7M
2023$368.2M-$21.6M-$6.8M
2022$303.4M-$8.0M$16.3M
2021$252.0M-$8.2M$31.9M

Balance sheet, profit and loss, cash flow and ratios of Clearwater Analytics India Private Limited are on its company page.

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Detailed financial statements for Clearwater Analytics

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Investments & Acquisitions by Clearwater Analytics

Clearwater Analytics has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CWAN, Enfusion and Jump Technology.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
High-frequency trading infrastructure solutions are provided for financial institutions.
beacon.ioNew York, United States2014Mar 2025$560M
Trade management and risk solutions are provided for capital markets.
enfusion.comChicago, United States1997Jan 2025$1.5B
Software development services are provided by JUMP.
jump-technology.comParis, France2006Sep 2022$72.98M
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Timeline of Clearwater Analytics

8 dated milestones of Clearwater Analytics across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded Clearwater Analytics is founded.
  2. Funding First funding round of $8.0M.
  3. Exit Acquired by Welsh, Carson, Anderson & Stowe.
  4. Funding Latest funding round, Series B,.
  5. IPO Lists on the stock exchange (IPO).
  6. Acquisition Acquires Jump Technology.
  7. Acquisition Acquires Enfusion.
  8. Acquisition Acquires CWAN.

Web traffic of Clearwater Analytics

The website of Clearwater Analytics (clearwateranalytics.com) receives about 18.9K visits a month and ranks #639,400 among all websites worldwide, #6,281 in Investing.

  • Monthly visits
    18.9K

    ▼ 39.2% vs previous month

  • Unique visitors
    7.9K

    per month

  • Global rank
    #639,400

    among all websites

  • Category rank
    #6,281

    Finance · Investing

Similar websites

Websites whose visitors overlap most with Clearwater Analytics. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
clearwater-analytics.com
clearwater-analytics.com
100%
–
slcmanagement.com
98%
#2,352,186View details
dwtyzx6upklss.cloudfront.net
dwtyzx6upklss.cloudfront.net
97%
#7,707,971–
addepar.com
97%
243.3K#130,944View details
vinovest.co
92%
143.3K#248,668View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Finance & Accounting Applications

3 companies that operate in the same segment as Clearwater Analytics (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
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Related news about Clearwater Analytics

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Frequently Asked Questions about Clearwater Analytics

Clearwater Analytics was founded in 2004 and raised its 1st funding round 6 years after it was founded.

Clearwater Analytics is headquartered in Boise, United States. It is registered at Boise, Idaho, United States.

Courtlandt Gates is the CEO of Clearwater Analytics, as recorded in our data.

Clearwater Analytics is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Dec 2010.

Clearwater Analytics has 1,920 employees.

The primary company behind Clearwater Analytics, Clearwater Analytics India Private Limited, reported revenue of β‚Ή207 Cr for FY 2025, up 19% year on year.

Clearwater Analytics is known for delivering a next-generation investment management platform that unifies front-to-back office operations. The platform supports portfolio management, data integration, accounting, analytics, and real-time risk management across public and private markets. It serves diverse industries including asset managers, banks, corporates, energy companies, hedge funds, insurance firms, pensions, endowments, and public sector entities. Solutions are tailored for roles in finance, investment, operations, risk, and technology, ensuring scalability and compliance with regulations like NAIC and Solvency II. GenAI integration and cloud-native architecture are utilized to enhance decision-making and operational efficiency for global institutional investors.

Clearwater Analytics offers CWAN Platform, Enfusion by CWAN, and Beacon by CWAN.

Yes, Clearwater Analytics is publicly traded on NYSE under the ticker symbol CWAN.

Clearwater Analytics has made 3 acquisitions, including CWAN, Enfusion, and Jump Technology.

Clearwater Analytics has 6 investors. Key investors include Permira, Welsh, Carson, Anderson & Stowe, Warburg Pincus, Dragoneer, and Durable Capital Partners.

Clearwater Analytics is associated with 2 legal entities: Clearwater Analytics India Private Limited, Clear Water Limited.

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