Drivestream

Sterling, United States Founded: 2002 • Age: 24 yrs
IT consulting and management services

About Drivestream

Drivestream is a Technology company based in Sterling (United States) founded in 2002. IT consulting and management services. Drivestream has raised $5.81 million across 2 funding rounds from investors including Wipro. The company has 258 employees. Its Indian entity Drivestream India Private Limited reported revenue of β‚Ή59.34 Cr. Drivestream offers products and services including Oracle Cloud Consulting, Oracle Cloud ERP, and Oracle Cloud HCM. Its focus areas include Business Services, IT Services and Cloud. Its competitors include 2nd Watch, CoSo Cloud and Netgain; 3 of its 3 listed competitors have raised funding.

Company details

Drivestream provides IT consulting and management services. Services include for implementing and supporting PeopleSoft, Oracle Fusion Applications, Taleo Talent Management, Business Intelligence and Data Warehousing solutions. Additional services include for cloud solutions and BPO services. Industry verticals include Finance, Government Contractors, Telecom, Hospitality, Energy, Retail, Insurance, IT and Healthcare. Some of its customers include Rabobank, Bank of America, Broadcom, Florida State University, Intel, General Motors etc.

Operational Areas
Key Metrics
  • Indian entity revenue
    ₹59.34 Cr

    FY 2025 · +1% YoY

  • Indian entity net profit
    ₹6.36 Cr

    FY 2025 · 11% margin

  • Indian entity EBITDA
    ₹9.85 Cr

    FY 2025 · 17% margin

  • Total Equity Funding
    $5.81M (USD)

    in 2 rounds

  • Latest Funding Round
    $809.69K (USD), Series A

    Jun 2017

  • Investors
  • Employee Count
    258

Products & Services of Drivestream

Drivestream offers a comprehensive portfolio of products and services, including Oracle Cloud Consulting, Oracle Cloud ERP, and Oracle Cloud HCM.

Oracle Cloud Consulting
Consulting Services

Provides implementation and management for Oracle cloud solutions

Oracle Cloud ERP
ERP Software

Offers streamlined financial management in the cloud

Oracle Cloud HCM
HR Management

Delivers modern HR and talent management tools

Funding Insights of Drivestream

Drivestream has successfully raised a total of $5.81M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $809.69 thousand completed in June 2017. 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 $5.81M
  • Total Rounds 2
  • Last Round Series A β€” $809,690
  • First Round $5M

    (Mar 2015)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2017$809,690Series A–Wipro
–
Mar 2015$5MSeries A––
Valuation history

1 investors in total: 1 institutional.

Investors in Drivestream

Drivestream has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wipro.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Wipro is recognized as a consulting-led, AI-powered technology services company.
1945wipro.comBengaluru, India
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Investor details for Drivestream

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Drivestream India Private Limited (Drivestream)

Drivestream India Private Limited is the primary company behind Drivestream. The board of Drivestream India Private Limited currently have 4 directors; the longest-serving is Gopal Damodar Krishna, appointed in 2002. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Gopal Damodar Krishna
DIN 03023391
Director26 Jul 200224 yrs 3 moDrivestream India Private Limited
Damodaraswamy Raguraman
DIN 02446910
Director19 Dec 200817 yrs 10 moDrivestream India Private Limited
Ashish Chawla
DIN 09133045
Nominee Director12 Dec 20232 yrs 10 moDrivestream India Private Limited
Preeti Gupta
DIN 10903589
Director01 Sep 20251 yr 2 moDrivestream India Private Limited

People of Drivestream

96 people are tracked at Drivestream (43 in leadership, 53 in team); the tracked headcount is 258.

NameRoleGroup
President & CEOLeadership
Ragu Damodar
COO & Executive Vice PresidentLeadership
Jacob C. Thomas
Executive Vice President & Managing PartnerLeadership
David Lee
Senior Director - Oracle Student Financial Aid Practice LeaderLeadership
Harris Ahamed
Senior Managing ConsultantLeadership
Mahesh J. Marthar
Associate Vice President & Head Of PMO PracticeLeadership
Laks Chackravarthy
Vice President & Associate PartnerLeadership
Usha Ns
Head Of Human ResourcesLeadership
David Demers
Vice President, Product Strategy & DevelopmentLeadership
Varinia Arceo
Managing ConsultantLeadership
Victoria Butler
Managing AnalystLeadership
Srivatsav Ramalingam
Managing ConsultantLeadership
Arnulfo Mendoza
VP, Oracle Cloud Student Management ServicesLeadership
Darrin Alex Brandt
Vice President Of SalesLeadership
Judy Huang
VP, Associate PartnerLeadership
Kannan Krishnan
Consulting Leader / Implementation Partner - EPM Solutions Delivery.Leadership
Jennifer M. Adams
Senior Managing ConsultantLeadership
Prakash Krishnamurthy
Executive DirectorLeadership
Malathi Garbham Mba
Associate Vice PresidentLeadership
Rajesh Varadharajan
DirectorLeadership

76 more people are available in the full profile.

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Complete people profiles for Drivestream

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Financials of Drivestream

Figures of Drivestream India Private Limited, the primary company behind Drivestream, for FY 2025. Revenue was ₹59.34 Cr (+1% year on year). Net profit was ₹6.36 Cr (11% margin). EBITDA was ₹9.85 Cr (17% margin). Revenue has grown at a compounded annual rate of +23% over three years and +17% over five years.

  • ₹59.34 CrRevenue · FY 2025 · +1% YoY
  • ₹6.36 CrNet profit · 11% margin
  • ₹9.85 CrEBITDA · 17% margin
  • ₹1.35 CrPaid-up capital
  • 258Employees (provident fund records)
  • +23%Revenue CAGR, 3 years
  • +17%Revenue CAGR, 5 years

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

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Detailed financial statements for Drivestream

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Drivestream

3 dated milestones of Drivestream across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Drivestream is founded.
  2. Funding First funding round of $5.0M.
  3. Funding Latest funding round, Series A, of $810K.

Competitors of Drivestream

Drivestream has 3 listed competitors in our database, 3 of them funded. They include 2nd Watch, CoSo Cloud and Netgain.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
2ndwatch.com2010Seattle, United States$73.69M112
Public cloud workload management tools and services are provided.
cosocloud.com2007San Francisco, United States$26M31
Cloud-based virtual classroom platform for enterprises
netgaincloud.com2000Saint Cloud, United States$25M137
IT service provider
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Detailed competitors of Drivestream

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Verified entity values are shown only after access is granted.

Web traffic of Drivestream

The website of Drivestream (drivestream.com) receives about 3.2K visits a month.

  • Monthly visits
    3.2K

    ▲ 2.6% vs previous month

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reqtest.com
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Top companies in IT Services & Operations

3 companies that operate in the same segment as Drivestream (IT Services & Operations) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M4,473
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
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Related news about Drivestream

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Frequently Asked Questions about Drivestream

Drivestream was founded in 2002 and raised its 1st funding round 13 years after it was founded.

Drivestream is headquartered in Sterling, United States.

Drivestream is a funded company, having raised a total of $5.81M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Mar 2015.

Drivestream has 258 employees.

The primary company behind Drivestream, Drivestream India Private Limited, reported revenue of β‚Ή59.34 Cr for FY 2025, up 1% year on year.

Drivestream provides IT consulting and management services. Services include for implementing and supporting PeopleSoft, Oracle Fusion Applications, Taleo Talent Management, Business Intelligence and Data Warehousing solutions. Additional services include for cloud solutions and BPO services. Industry verticals include Finance, Government Contractors, Telecom, Hospitality, Energy, Retail, Insurance, IT and Healthcare. Some of its customers include Rabobank, Bank of America, Broadcom, Florida State University, Intel, General Motors etc.

Drivestream's top competitors include CoSo Cloud, Netgain and 2nd Watch.

Drivestream offers Oracle Cloud Consulting, Oracle Cloud ERP, and Oracle Cloud HCM.

Drivestream has 1 investor. Key investors include Wipro.

Drivestream operates through Drivestream India Private Limited.

The legal entities of Drivestream currently have 4 directors, including Ashish Chawla, Gopal Damodar Krishna, Damodaraswamy Raguraman and others.

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