About Epam
Epam is a company based in Newtown Square (United States) founded in 1993.. Epam has raised $50 million across 3 funding rounds from investors including European Union, VTB Capital Investment Management and Da Vinci Capital. The company has 61,200 employees as of December 31, 2024. Epam has completed 27 acquisitions, including Alliance Global Services, B2BITS and CORE. Epam operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Newtown Square, United States
- Employees 61200 as on 31 Dec, 2024
- Stage Public
-
Sectors
Business ServicesTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Epam Systems, Inc.
-
Annual Revenue
$4.73 B0.8as on Dec 31, 2024
-
Net Profit
$454.53 M8.98as on Dec 31, 2024
-
EBITDA
$680.83 M6.9as on Dec 31, 2024
-
Total Equity Funding
$50 M (USD)
in 3 rounds
-
Latest Funding Round
$102.88 K (USD), Grant
May 01, 2022
-
Investors
European Union
& 4 more
-
Employee Count
61200
as on Dec 31, 2024
-
Investments & Acquisitions
Alliance Global Services
& 26 more
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
IPO & Listings of Epam
Epam is a publicly listed company on the NYSE with ticker symbol EPAM in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Unlock access to complete
Unlock access to complete
Software Development Team
447 people
Leadership Team
96 people
Senior Team
42 people
Sales and Marketing
40 people
Human Resources and Administration
36 people
Data Analysis and Operations Team
23 people
Head Team
14 people
Delivery Team
14 people
Unlock access to complete
Funding Insights of Epam
Epam has successfully raised a total of $50M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $102.88 thousand completed in May 2022. 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 3
- Last Round Grant — $102,884
-
First Round
First Round
(19 May 2008)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Grant - Epam | Valuation |
investors |
|
| Apr, 2010 | Amount | Private Equity Round - Epam | Valuation |
investors |
|
| May, 2008 | Amount | Private Equity Round - Epam | 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 Epam
Epam has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, VTB Capital Investment Management and Da Vinci Capital. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Private equity investments are focused on Russia, Ukraine, and Kazakhstan.
|
Founded Year | Domain | Location | |
|
Investments are made by Euroventures in early-stage tech startups.
|
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 Epam
Epam has strategically engaged in corporate development activities, having acquired 27 companies. Notable acquisitions include Alliance Global Services, B2BITS and CORE. 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 |
|---|---|---|---|---|---|
|
Digital marketing, content production, and media planning services are provided.
|
2019 | ||||
|
Provider of data and tools for standardised systematic analytics of observational data at scale
|
2015 | ||||
|
A range of cyber security services is provided by White-Hat.
|
2012 |
| 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 - Epam
| 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 |
Epam Comparisons
Competitors of Epam
Epam 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.
|
|
| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
|
|
| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
|
|
| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
|
|
| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
|
|
| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
|
| 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 Epam
Frequently Asked Questions about Epam
When was Epam founded?
Epam was founded in 1993 and raised its 1st funding round 15 years after it was founded.
Where is Epam located?
Epam is headquartered in Newtown Square, United States. It is registered at Newtown Square, Pennsylvania, United States.
Is Epam a funded company?
Epam is a funded company, having raised a total of $50M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $50M, raised on May 19, 2008.
How many employees does Epam have?
As of Dec 31, 2024, the latest employee count at Epam is 61,200.
What is the annual revenue of Epam?
Annual revenue of Epam is $4.73B as on Dec 31, 2024.
What does Epam do?
In 2020, the company recorded annual revenues of 2.7 B and a net profit of 327.2 M.
Who are the top competitors of Epam?
Epam's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Is Epam publicly traded?
Yes, Epam is publicly traded on NYSE under the ticker symbol EPAM.
How many acquisitions has Epam made?
Epam has made 27 acquisitions, including Alliance Global Services, B2BITS, and CORE.
Who are Epam's investors?
Epam has 5 investors. Key investors include European Union, VTB Capital Investment Management, Da Vinci Capital, Euroventures, and Renaissance Investment Management.
What is Epam's ticker symbol?
The ticker symbol of Epam is EPAM on NYSE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.