About Evonsys
Evonsys is a company based in United States founded in 2015. Evonsys has raised $25 thousand across 1 funding round. The company has 232 employees. Evonsys offers products and services including Cross Border Payment, Human Capital Management, and Pega Services. Evonsys operates in a competitive market with competitors including Workday, SuccessFactors, Kronos, Wave Systems and Justworks, among others.
- Headquarter Delaware, United States
- Employees 232
- SectorsTechnologyFinancial Services
- Website evonsys.com
- Social LinkedIn X Facebook
- Legal Name Evonsys India Private Limited
- Date of Incorporation 24 Mar, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹61.88 Cr
FY 2025 · +43% YoY
- Net Profit₹7.6 Lakh
FY 2025 · 0% margin
- EBITDA₹82.2 Lakh
FY 2025 · 1% margin
- Total Equity Funding$25K (USD)
in 1 rounds
- Latest Funding Round$25K (USD), Seed
Dec 2022
- Employee Count232
Associated legal entities of Evonsys
Evonsys operates through Evonsys India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Evonsys India Private Limited CIN U72300TN2016PTC104885 | Active | 24 Mar 2016 | Chennai, Tamil Nadu | ₹61.9 Cr | 232 | 2 | View details |
Products & Services of Evonsys
Evonsys offers a comprehensive portfolio of products and services, including Cross Border Payment, Human Capital Management, and Pega Services.
Enables seamless and efficient international transactions.
Tackles modern HR challenges with automated solutions.
Provides cloud-based solutions for app development.
Funding Insights of Evonsys
Evonsys has successfully raised a total of $25K through 1 strategic funding round. The most recent funding activity was a Seed round of $25 thousand completed in December 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 $25,000
- Total Rounds 1
- Last Round Seed — $25,000
- First Round $25,000
(Dec 2022)
All 1 funding rounds of Evonsys with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2022 | $25,000 | Seed | – | – | – |
Board of directors of Evonsys India Private Limited (Evonsys)
Evonsys India Private Limited is the primary company behind Evonsys. The board of Evonsys India Private Limited currently have 2 directors; the longest-serving is Deepa Balaji, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepa Balaji DIN 07476048 | Director | 24 Mar 2016 | 10 yrs 6 mo | Evonsys India Private Limited |
| Ambasankaran Balaji DIN 07423886 | Director | 24 Mar 2016 | 10 yrs 6 mo | Evonsys India Private Limited |
People of Evonsys
111 people are tracked at Evonsys (20 in leadership, 91 in team); the tracked headcount is 232.
| Name | Role | Group |
|---|---|---|
Donald O'Sullivan | Vice President, Global Head of Sales | Leadership |
Damin Nanayakkara | Senior Director | Leadership |
Arun MS | Founder & CEO | Leadership |
Nishadha Fonseka | Co Founder / Executive Vice President - Operations & HR / Certified Lead Systems Architect | Leadership |
| Director - Operations | Leadership | |
Kumuda Ranjan Panda | Director HR | Leadership |
Punna Paramasivan | Chief Strategy Officer | Leadership |
Priyantha De Mel | Vice President - Technology at EvonSys | Leadership |
Rajkumar Dharshan | Director - Human Resources | Leadership |
Sreedhar Kalasapati | Vice President - Technology | Leadership |
Ravi Sripada | Executive Vice President | Leadership |
Senthurkumaran Ketheeswarathasan | Senior Director Of Technology | Leadership |
Cameron Walsh | Director Of Sales | Leadership |
Lisa Roberts | Director Of Sales | Leadership |
Mallikarjun Thumallapally | Associate Director of Technology | Leadership |
Hiran Ratnayake | Principal Systems Architect - Director Technology | Leadership |
Sam Perera | Vice President Of Technology | Leadership |
Thilina Rathnayake | Director, IT Security and Infrastructure Services | Leadership |
Sudipta Sur | Associate Director Of Technology | Leadership |
Dev Vinod R | Global Head Talent Acquisition | Leadership |
91 more people are available in the full profile.
Complete people profiles for Evonsys
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Evonsys
Figures of Evonsys India Private Limited, the primary company behind Evonsys, for FY 2025. Revenue was ₹61.88 Cr (+43% year on year). Net profit was ₹7.6 Lakh (0% margin). EBITDA was ₹82.2 Lakh (1% margin). Revenue has grown at a compounded annual rate of +51% over three years and +60% over five years.
- ₹61.88 CrRevenue · FY 2025 · +43% YoY
- ₹7.6 LakhNet profit · 0% margin
- ₹82.2 LakhEBITDA · 1% margin
- ₹30,000Paid-up capital
- 232Employees (provident fund records)
- +51%Revenue CAGR, 3 years
- +60%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Evonsys India Private Limited are on its company page.
Detailed financial statements for Evonsys
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Evonsys
2 dated milestones of Evonsys across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Evonsys is founded.
- Funding First funding round of $25K.
Competitors of Evonsys
Evonsys 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 Workday, SuccessFactors, Kronos, Wave Systems and Justworks, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workday.com | 2005 | Pleasanton, United States | $352.3M | 11,805 | Cloud-based HR and financial software is delivered to enterprises. | |
| successfactors.com | 2001 | San Francisco, United States | $79.84M | 18,910 | Cloud-based human capital management software is delivered globally. | |
| kronos.com | 1977 | Lowell, United States | $855M | 86 | HCM software solutions for enterprise workforce management are provided. | |
| wave.com | 1996 | Lee, United States | $326.26M | – | Cross-border money transfers are enabled via an app-based wallet. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. | |
| airtable.com | 2013 | San Francisco, United States | $1.35B | 548 | Cloud and AI based low code workflow and app development platform | |
| sage.com | 1981 | United States | – | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | |
| paylocity.com | 1997 | Arlington Heights, United States | $37.28M | 4,150 | Cloud-based payroll and HR solutions are provided for businesses. | |
| peoplestrong.com | 2005 | Gurugram, India | $30.68M | 998 | Cloud-based human resource management software is offered. |
Detailed competitors of Evonsys
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Evonsys
The website of Evonsys (evonsys.com) receives about 4.5K visits a month.
- Monthly visits4.5K
▼ 49% vs previous month
Websites whose visitors overlap most with Evonsys. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| travasecurity.com | 100% | 10.3K | #2,189,916 | View details |
Latest news on Evonsys
Complete news archive for Evonsys
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Evonsys
10 companies that operate in the same segment as Evonsys (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about Evonsys
Evonsys was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Evonsys is headquartered in United States. It is registered at Delaware, United States.
Evonsys is a funded company, having raised a total of $25K across 1 funding round to date. The company's 1st funding round was a Seed of $25K, raised on Dec 2022.
Evonsys has 232 employees.
The primary company behind Evonsys, Evonsys India Private Limited, reported revenue of ₹61.88 Cr for FY 2025, up 43% year on year.
Evonsys was established in 2015 in Delaware, United States, within the information technology sector. Services in robotic process automation, business process automation, and Pega-related areasincluding cloud implementations, DevOps support, upgrades, and UI improvementsare provided. Additional offerings utilize Mendix, Salesforce, and OutSystems platforms. Operations target banking, insurance, retail, and high-tech manufacturing sectors, with products encompassing cross-border payment systems and human capital management tools to address efficiency and customer needs.
Evonsys's top competitors include Workday, SuccessFactors and Sage Group.
Evonsys offers Cross Border Payment, Human Capital Management, and Pega Services.
Evonsys operates through Evonsys India Private Limited.
The legal entities of Evonsys currently have 2 directors, including Deepa Balaji, Ambasankaran Balaji.