About Digital River
Digital River is a company based in Minnetonka (United States) founded in 1994 was acquired by Siris Capital in October 2014.. Digital River has completed 9 acquisitions, including Commerce5, Direct Response Technologies and Element5. Digital River operates in a competitive market with competitors including Square, Intuit, Flutterwave, Xero and FreshBooks, among others.
- Headquarter Minnetonka, United States
- Stage Public
-
Sectors
TechnologyFinancial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Digital River India Private Limited
- Date of Incorporation 18 May, 2011
- Jurisdiction Borivali West, Maharashtra, India
-
Annual Revenue
$2.47 M (USD)56.83as on Mar 31, 2023
-
Net Profit
$51.67 K (USD)151.44as on Mar 31, 2023
-
EBITDA
$63.58 K (USD)171.07as on Mar 31, 2023
-
Latest Funding Round
$50 M (USD), Post-IPO
Feb 25, 2020
-
Investors
Siris Capital
& 1 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Commerce5
& 8 more
-
Acquired by
Siris Capital
(Oct 23, 2014)
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
Funding Insights of Digital River
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $50.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Post-IPO - Digital River | Valuation |
investors |
|
| Dec, 1999 | Amount | Post-IPO - Digital River | Valuation |
investors |
| 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 Digital River
Digital River has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Siris Capital and Earlybird. 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 |
|---|---|---|---|---|
|
Private equity investments are focused on technology and telecom firms.
|
Founded Year | Domain | Location | |
|
Earlybird is recognized as a venture capital investor focused on early-stage tech 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 Digital River
Digital River has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Commerce5, Direct Response Technologies and Element5. 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 |
|---|---|---|---|---|---|
|
Academic-licensed products for education are listed on an e-commerce platform.
|
2009 | ||||
|
Offers tools for in-game monetization to enhance revenue streams.
|
2006 | ||||
|
Limited information available
|
2005 |
| 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 - Digital River
| 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 |
Digital River Comparisons
Competitors of Digital River
Digital River 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 Square, Intuit, Flutterwave, Xero and FreshBooks, 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 |
POS solutions are provided for retail businesses.
|
|
| domain | founded_year | HQ Location |
Financial and accounting software is developed for businesses and individuals.
|
|
| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
|
|
| domain | founded_year | HQ Location |
Cloud-based accounting and payment management is offered for small businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based invoicing and accounting software is offered for businesses.
|
|
| domain | founded_year | HQ Location |
Payment processing and treasury management solutions are offered to businesses.
|
| 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 Digital River
Frequently Asked Questions about Digital River
When was Digital River founded?
Digital River was founded in 1994 and raised its 1st funding round 5 years after it was founded.
Where is Digital River located?
Digital River is headquartered in Minnetonka, United States. It is registered at Minnetonka, Minnesota, United States.
What is the annual revenue of Digital River?
Annual revenue of Digital River is $2.47M as on Mar 31, 2023.
What does Digital River do?
Digital River was founded in 1994 and is headquartered in Minnetonka, United States. Operations focus on the fintech sector, where cloud-based platforms are developed for tax management, transaction processing, fraud detection, and regulatory compliance. Customized payment solutions are offered to businesses for accepting global transactions, with services extending to e-commerce and cross-border operations.
Who are the top competitors of Digital River?
Digital River's top competitors include Intuit, Flutterwave and Square.
How many acquisitions has Digital River made?
Digital River has made 9 acquisitions, including Commerce5, Direct Response Technologies, and Element5.
Who are Digital River's investors?
Digital River has 2 investors. Key investors include Siris Capital, and Earlybird.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.