About Devoteam
Devoteam is a company based in Levallois-perret (France) founded in 1995.. Devoteam has completed 20 acquisitions, including APOGEE Commmunications, Alfun and Avalon Solutions. Devoteam offers products and services including Cloud Managed Services, AI Consulting, and Cybersecurity Services. Devoteam operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Levallois-perret, France
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Devoteam Data Driven Aps
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$197.73 M (USD), Post-IPO
Feb 04, 2024
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
APOGEE Commmunications
& 19 more
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Products & Services of Devoteam
Devoteam offers a comprehensive portfolio of products and services, including Cloud Managed Services, AI Consulting, and Cybersecurity Services. 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 cloud infrastructure for businesses to ensure efficient operations.
Provides AI strategies for business transformation and innovation.
Offers protection against digital threats and data breaches.
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Funding Insights of Devoteam
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $197.7M
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First Round
First Round
(20 Jan 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Post-IPO - Devoteam | Valuation |
investors |
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| Jan, 2018 | Amount | Grant - Devoteam | Valuation |
investors |
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| Dec, 2016 | Amount | Grant - Devoteam | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Devoteam
Devoteam has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and solutions by stc. 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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IT suite solutions are provided to clients in Saudi Arabia.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Devoteam
Devoteam has strategically engaged in corporate development activities, having acquired 20 companies. Notable acquisitions include APOGEE Commmunications, Alfun and Avalon Solutions. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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CRM services are provided by APOGEE Communications in Nantes, France.
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2020 | ||||
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Technology consulting for business automation and digital transformation is provided.
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2017 | ||||
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Cloud services are provided by Cloudeon in the technology sector.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Devoteam
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Devoteam Comparisons
Competitors of Devoteam
Devoteam 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 UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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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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| domain | founded_year | HQ Location |
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 Devoteam
Frequently Asked Questions about Devoteam
When was Devoteam founded?
Devoteam was founded in 1995 and raised its 1st funding round 20 years after it was founded.
Where is Devoteam located?
Devoteam is headquartered in Levallois-perret, France. It is registered at Levallois-perret, Hauts-de-seine, France.
What does Devoteam do?
Devoteam was established in 1995 in Levallois-Perret, France, within the information technology sector. A comprehensive suite of IT services is offered, including consulting, implementation, and management solutions for digital transformation. Operations are centered in Europe, with a focus on supporting businesses in optimizing technology infrastructures. The companys domain, devoteam.com, facilitates global outreach and client engagement in the competitive IT services market.
Who are the top competitors of Devoteam?
Devoteam's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Devoteam offer?
Devoteam offers Cloud Managed Services, AI Consulting, and Cybersecurity Services.
How many acquisitions has Devoteam made?
Devoteam has made 20 acquisitions, including APOGEE Commmunications, Alfun, and Avalon Solutions.
Who are Devoteam's investors?
Devoteam has 2 investors. Key investors include European Union, and solutions by stc.
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