About Eliassen Group
Eliassen Group is a company based in Reading (United States) founded in 1989 was acquired by Stone Point Capital in November 2018.. Eliassen Group has raised $14.38 million across 1 funding round from investors including Stone Point Capital, Lineage Capital and Riverside Partners. The company has 1,987 employees as of December 31, 2022. Eliassen Group has completed 14 acquisitions, including Clovis Group, Credere Group and Ferguson Consulting. Eliassen Group offers products and services including Technology Solutions, Financial Solutions, and Clinical Solutions. Eliassen Group operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Reading, United States
- Employees 1987 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Eliassen Group, Llc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.38 M (USD)
in 1 rounds
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Latest Funding Round
$14.38 M (USD), Series B
May 11, 2011
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Investors
Stone Point Capital
& 2 more
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Employee Count
1987
as on Dec 31, 2022
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Investments & Acquisitions
Clovis Group
& 13 more
- Acquired by
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Products & Services of Eliassen Group
Eliassen Group offers a comprehensive portfolio of products and services, including Technology Solutions, Financial Solutions, and Clinical 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.
Provides application development and AI integrations for businesses.
Offers risk management and compliance consulting for organizations.
Delivers operations and data sciences support in clinical fields.
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Software Development Team
26 people
Leadership Team
21 people
Finance and Accounting
14 people
Sales and Marketing
14 people
Senior Team
13 people
Legal and Compliance
5 people
Product Management Team
4 people
Data Analysis and Operations Team
3 people
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Funding Insights of Eliassen Group
Eliassen Group has successfully raised a total of $14.38M through 1 strategic funding round. The most recent funding activity was a Series B round of $14.38 million completed in May 2011. 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 1
- Last Round Series B — $14.4M
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First Round
First Round
(11 May 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2011 | Amount | Series B - Eliassen Group | 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 Eliassen Group
Eliassen Group has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Stone Point Capital, Lineage Capital and Riverside 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 global financial services sectors.
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Founded Year | Domain | Location | |
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Lineage Capital is engaged in private equity partnerships.
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Founded Year | Domain | Location | |
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Private equity investments are made in technology and healthcare sectors.
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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 Eliassen Group
Eliassen Group has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include Clovis Group, Credere Group and Ferguson Consulting. 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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Provider of risk management and staffing and consulting services
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2019 | ||||
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Talent optimization solutions and management consulting services are provided.
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2015 | ||||
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HR consulting services are provided to businesses by Fidato Partners.
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2010 |
| 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 - Eliassen Group
| 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 |
Eliassen Group Comparisons
Competitors of Eliassen Group
Eliassen Group 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 Eliassen Group
Frequently Asked Questions about Eliassen Group
When was Eliassen Group founded?
Eliassen Group was founded in 1989 and raised its 1st funding round 22 years after it was founded.
Where is Eliassen Group located?
Eliassen Group is headquartered in Reading, United States. It is registered at Reading, Pennsylvania, United States.
Is Eliassen Group a funded company?
Eliassen Group is a funded company, having raised a total of $14.38M across 1 funding round to date. The company's 1st funding round was a Series B of $14.38M, raised on May 11, 2011.
How many employees does Eliassen Group have?
As of Dec 31, 2022, the latest employee count at Eliassen Group is 1,987.
What does Eliassen Group do?
Eliassen Group provides services for IT consulting, staffing, and recruitment. Consulting services include advisory, consulting, staffing and transformation services for agile methodologies, big data, and data security. Offers workforce management consulting and recruitment services. Offers services to government agencies in agile transformation, staffing support, and research among others. Department of Defense, Department of Justice, and Department of Transportation are among the government customers. Boston Globe Top Places To Work 2015.
Who are the top competitors of Eliassen Group?
Eliassen Group's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Eliassen Group offer?
Eliassen Group offers Technology Solutions, Financial Solutions, and Clinical Solutions.
How many acquisitions has Eliassen Group made?
Eliassen Group has made 14 acquisitions, including Clovis Group, Credere Group, and Ferguson Consulting.
Who are Eliassen Group's investors?
Eliassen Group has 3 investors. Key investors include Stone Point Capital, Lineage Capital, and Riverside Partners.
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