About Encora
Encora is a company based in Scottsdale (United States) founded in 2000 by Venu Raghavan was acquired by Coforge in December 2025. Encora has raised $200 million across 1 funding round from investors including Coforge, Warburg Pincus and Advent International. The company has 255 employees as of October 31, 2024. Encora has completed 4 acquisitions, including Avantica, Daitan Group and Encora. Encora operates in a competitive market with competitors including UST, NTT DATA, Endava, Persistent and Thoughtworks, among others.
- Headquarter Scottsdale, United States
- Employees 255 as on 31 Oct, 2024
- Founders Venu Raghavan
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Sectors
Business Services
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Phone
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Website
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Social
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People of Encora
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Funding Insights of Encora
Encora has successfully raised a total of $200M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $200 million completed in August 2019. 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 Private Equity Round — $200.0M
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First Round
First Round
(13 Aug 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2019 | Amount | Private Equity Round - Encora | Valuation | Warburg Pincus |
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Investors in Encora
Encora has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Coforge, Warburg Pincus and Advent International.
| Investor | Description | Founded Year | Domain | Location |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Provider of data & analytics, digital process automation, and other transformation services
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Founded Year | Domain | Location |
Investments & Acquisitions by Encora
Encora has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Avantica, Daitan Group and Encora.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Banking software suite is supplied to banks and lenders worldwide.
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2006 | ||||
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IT service suite solutions are provided by Daitan Group.
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2004 | ||||
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Software development, cloud computing, and big data services are provided.
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1999 |
Financial Statements - Encora
Encora Comparisons
Competitors of Encora
Encora 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, NTT DATA, Endava, Persistent and Thoughtworks, among others.
| 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 |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Endava is engaged in digital transformation and AI-driven solutions.
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| domain | founded_year | HQ Location |
IT consulting, data analytics, and digital transformation services are provided.
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| domain | founded_year | HQ Location |
Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors
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| domain | founded_year | HQ Location |
IT suite solutions and consulting services are provided worldwide.
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Frequently Asked Questions about Encora
Encora was founded in 2000 and raised its 1st funding round 19 years after it was founded.
Encora is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
Anand Birje is the current CEO of Encora.
Encora is a funded company, having raised a total of $200M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $200M, raised on Aug 13, 2019.
As of Oct 31, 2024, the latest employee count at Encora is 255.
Encora was founded in 2000 and is headquartered in Scottsdale, United States. Management consulting services are delivered by the company across various industries, including strategy, operations, and technology advisory. Leadership roles are held by Founder Venu Raghavan and CEO Anand Birje. Operations are centered in the United States, with a focus on client-specific solutions in the consulting sector.
Encora's top competitors include Persistent, NTT DATA and Endava.
Encora has made 4 acquisitions, including Avantica, Daitan Group, and Encora.
Encora has 3 investors. Key investors include Coforge, Warburg Pincus, and Advent International.