Evolving Systems

Englewood, United States Founded: 1985 • Age: 41 yrs Acquired By PartnerOne
Mobile services are activated, enabled, and managed for users.
Annual revenue $5.1M Latest available
Total funding - Funding intelligence
Employees 168 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Evolving Systems

Evolving Systems is a company based in Englewood (United States) founded in 1985 was acquired by PartnerOne in January 2022. It operates as a SaaS (Software-as-a-Service) and Professional Services. The company has 168 employees as of April 06, 2024. Evolving Systems has completed 5 acquisitions, including Business Logic Systems, Lumata and Sixth Sense Media. Evolving Systems offers products and services including Dynamic SIM Allocation, Tertio Service Activation, Total Number Management, Evolution Loyalty, and Evolution Marketplace. Evolving Systems operates in a competitive market with competitors including Matrixx, DigitalRoute, Rev.io, Procera Networks and Zettics, among others.

  • Headquarter Englewood, United States
  • Employees 168 as on 06 Apr, 2024
  • Sectors
    Telecommunications
  • Phone
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  • Website
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  • Social
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  • Legal Name Evolving Systems Lumata Ltd.
  • Date of Incorporation 03 Feb, 2004
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Telecommunications → Telecommunications Software & Platforms Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.08 M (USD)
    1.08
    as on Mar 31, 2023
  • Net Profit
    $580.63 K (USD)
    8.03
    as on Mar 31, 2023
  • EBITDA
    $1.06 M (USD)
    7.16
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    168

    as on Apr 06, 2024

  • Investments & Acquisitions
  • Acquired by
    PartnerOne

    (Jan 05, 2022)

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Products & Services of Evolving Systems

Evolving Systems offers a comprehensive portfolio of products and services, including Dynamic SIM Allocation, Tertio Service Activation, Total Number Management, Evolution Loyalty, and Evolution Marketplace.

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Primary

SIM allocation is automated for telecom operator efficiency.

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Service activation is transformed into strategic growth engine.

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Number inventory is managed to unlock new revenue.

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Loyalty solutions are customized for telecom operator brands.

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Campaign management is streamlined for operators and merchants.

People of Evolving Systems

Headcount 200-500
Employee Profiles 76
Board Members and Advisors 3
Employee Profiles
People
Sivapriya Swaminathan
Devops Consultant, Evolving Systems,
People
Mihai Adrian Pripon
Techincal Support Engineer
People
Mark Szynkowski
SVP Finance
People
Akash Kumar
Software Engineer - II

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Funding Insights of Evolving Systems

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Detailed funding history for Evolving Systems

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Investors in Evolving Systems

Evolving Systems has secured backing from 1 investor. Prominent investors backing the company include PartnerOne.

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Investor Description Founded Year Domain Location
Enterprise software solutions are provided by PartnerOne for global organizations.
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Investor details for Evolving Systems

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Investments & Acquisitions by Evolving Systems

Evolving Systems has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Business Logic Systems, Lumata and Sixth Sense Media.

Investments
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Investment portfolio details for Evolving Systems

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Real-time customer lifecycle management, advertising and data monetisation software and services.
Locked Locked 2011 Locked
Mobile marketing platform
Locked Locked 1999 Locked
Telespree is engaged in providing mobile service solutions for carriers and operators.
Locked Locked 1999 Locked
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Complete acquisition details for Evolving Systems

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Financial Statements - Evolving Systems

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Detailed financials for Evolving Systems

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Evolving Systems Comparisons

Evolving Systems Primary company
Description
Mobile services are activated, enabled, and managed for user...
Location
Englewood, United States
Founded Year
1985
Annual Revenue
$5.08 M (USD)
Net Profit
$580.63 K (USD)
EBITDA
$1.06 M (USD)
Employees
168
As of 2024
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Peer comparison for Evolving Systems

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Competitors of Evolving Systems

Evolving Systems 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 Matrixx, DigitalRoute, Rev.io, Procera Networks and Zettics, among others.

Company Name Domain Founded year HQ Location Description
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Billing and charging solutions are provided for telecommunications operators.
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Data management & integration solutions provider
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Cloud-based Billing and CRM solutions provider
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Subscriber experience assurance solutions provider
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Subscriber data analytics solutions are provided for telecom operators.
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Multi-channel campaign management platform is offered for customer insights.
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Detailed competitors of Evolving Systems

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Latest news on Evolving Systems

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Complete news archive for Evolving Systems

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Frequently Asked Questions about Evolving Systems

Evolving Systems was founded in 1985.

Evolving Systems is headquartered in Englewood, United States. It is registered at Englewood, New Jersey, United States.

As of Apr 06, 2024, the latest employee count at Evolving Systems is 168.

Annual revenue of Evolving Systems is $5.08M as on Mar 31, 2023.

Evolving Systems is focused on delivering advanced software solutions for the telecommunications industry. The company is involved in automating SIM and number management, service activation, and customer value management. Solutions are provided to telecom operators globally, ranging from Tier-1 to boutique carriers. Sectors served include mobile telecommunications across emerging and developed markets. Key offerings include Dynamic SIM Allocation, Tertio Service Activation, and Evolution Marketplace, aimed at enhancing operational efficiency and unlocking new revenue streams. AI-driven decisioning is integrated to enrich customer experiences and improve engagement. The company is recognized for supporting over 100 carriers and impacting over 1 billion consumers annually.

Evolving Systems's top competitors include Matrixx, Pelatro and Rev.io.

Evolving Systems offers Dynamic SIM Allocation, Tertio Service Activation, Total Number Management, Evolution Loyalty, and Evolution Marketplace.

Evolving Systems has made 5 acquisitions, including Business Logic Systems, Lumata, and Sixth Sense Media.

Evolving Systems has 1 investor. Key investors include PartnerOne.

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