About DMI
DMI is a company based in Tysons (United States) founded in 2002 by Jay Sunny Bajaj. It operates as a Managed Services, and Professional Services. DMI has raised $98.75 million across 6 funding rounds from investors including Goldman Sachs, Gaming Nation Inc and OceanSound Partners. The company has 438 employees as of April 03, 2024. DMI has completed 9 acquisitions, including Aurotech, Devgurus and Golden Gekko. DMI offers products and services including Managed Mobility Services, Cloud+ Suite, and Cybersecurity Solutions. DMI operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Tysons, United States
- Employees 438 as on 03 Apr, 2024
- Founders Jay Sunny Bajaj
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Sectors
Business ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Digital Management Holdings, Llc
- Date of Incorporation 16 May, 2011
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$14.54 M (USD)10.7as on Mar 31, 2023
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Net Profit
$1.66 M (USD)22.32as on Mar 31, 2023
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EBITDA
$2.13 M (USD)8.36as on Mar 31, 2023
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Total Equity Funding
$98.75 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Goldman Sachs
& 2 more
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Employee Count
438
as on Apr 03, 2024
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Investments & Acquisitions
Aurotech
& 8 more
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Products & Services of DMI
DMI offers a comprehensive portfolio of products and services, including Managed Mobility Services, Cloud+ Suite, and Cybersecurity Solutions. 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.
Devices are managed and secured across full lifecycle.
Cloud solutions are provided for organizational digital transformation.
Security frameworks are aligned with NIST and CISA.
Unlock access to complete
Funding Insights of DMI
DMI has successfully raised a total of $98.75M across 6 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 Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(29 Sep 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series D - DMI | Valuation |
investors |
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| Aug, 2016 | Amount | Series C - DMI | Valuation | Goldman Sachs |
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| Mar, 2016 | Amount | Series B - DMI | Valuation |
investors |
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| 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 DMI
DMI has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Gaming Nation Inc and OceanSound Partners. 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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Private equity firm investing in technology and technology-enabled services for government and enterprise markets.
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Providing technology & information platforms to the sports & entertainment industry.@FantasyFeud@5050_Central@FantasyGuruSite#PickNation
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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 DMI
DMI has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Aurotech, Devgurus and Golden Gekko. 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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E-commerce support services are provided by Devgurus since 2015.
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2015 | ||||
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E-commerce development services are provided by Pragiti.
|
2011 | ||||
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Telecom expense management solutions are provided to businesses.
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2011 |
| 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 - DMI
| 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 |
Dmi Comparisons
Competitors of DMI
DMI 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 |
|---|---|---|---|---|
| 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 Dmi
Frequently Asked Questions about DMI
When was DMI founded?
DMI was founded in 2002 and raised its 1st funding round 8 years after it was founded.
Where is DMI located?
DMI is headquartered in Tysons, United States. It is registered at Tysons, Virginia, United States.
Who is the current CEO of DMI?
Rocky Thurston is the current CEO of DMI.
Is DMI a funded company?
DMI is a funded company, having raised a total of $98.75M across 6 funding rounds to date. The company's 1st funding round was a Series B of $2.85M, raised on Sep 29, 2010.
How many employees does DMI have?
As of Apr 03, 2024, the latest employee count at DMI is 438.
What is the annual revenue of DMI?
Annual revenue of DMI is $14.54M as on Mar 31, 2023.
What does DMI do?
Digital transformation and managed IT services are delivered by DMI to federal, state, local, and commercial enterprises worldwide. Solutions in mobility, cloud, cybersecurity, and application development are offered to streamline operations and reduce costs. Sectors such as defense, health IT, national security, and finance are served with mission-aligned technology solutions. Innovation and efficiency are prioritized to empower customers and partners across public and private domains.
Who are the top competitors of DMI?
DMI's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does DMI offer?
DMI offers Managed Mobility Services, Cloud+ Suite, and Cybersecurity Solutions.
How many acquisitions has DMI made?
DMI has made 9 acquisitions, including Aurotech, Devgurus, and Golden Gekko.
Who are DMI's investors?
DMI has 3 investors. Key investors include Goldman Sachs, Gaming Nation Inc, and OceanSound Partners.
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