FirstRain

San Mateo, United States Founded: 2000 • Age: 26 yrs Acquired By Ignite Technologies
Business intelligence platform for enterprises

About FirstRain

FirstRain is a Technology company based in San Mateo (United States) founded in 2000, and was acquired by Ignite Technologies in August 2017. Business intelligence platform for enterprises. FirstRain has raised $65.37 million across 8 funding rounds from investors including Rajat Homes, Oak Investment Partners and Diamondhead Ventures. The company has 43 employees. FirstRain offers products and services including StreetSmart AI, Eloquens AI, and AnswerHub. Its focus areas include Enterprise Applications, MarketingTech, Marketing Data Platforms and Customer Data Platforms. Its legal entity in India is First Rain Software Centre Private Limited (U74899KA2001PTC121154). Its competitors include Twilio, Acquia and Segment; 3 of its 3 listed competitors have raised funding.

Company details

FirstRain was established in 2000 in San Mateo, United States, within the business intelligence sector. A cross-platform solution is provided to deliver insights on customer businesses and markets. Patented analytics technology is employed to identify relevant web and social media content. Integration occurs with CRM and social enterprise systems, including Salesforce, Microsoft Dynamics, and Cisco WebEx Social. These capabilities support sales, marketing, and finance professionals in their operations.

Key Metrics
  • Indian entity revenue
    ₹54,372

    FY 2020 · -50% YoY

  • Indian entity net loss
    -₹13.2 Lakh

    FY 2020 · -2422% margin

  • Indian entity EBITDA
    -₹13.7 Lakh

    FY 2020 · -2521% margin

  • Total Equity Funding
    $65.37M (USD)

    in 8 rounds

  • Latest Funding Round
    $11.78M (USD), Series D

    Dec 2013

  • Investors
  • Employee Count
    43
  • Acquired by

Products & Services of FirstRain

FirstRain offers a comprehensive portfolio of products and services, including StreetSmart AI, Eloquens AI, and AnswerHub.

StreetSmart AI
AI Platform

Revolutionizes field force management with AI tools

Eloquens AI
Communication Tool

Enhances business communication through human-AI collaboration

AnswerHub
Knowledge Platform

Facilitates knowledge sharing for teams and organizations

Funding Insights of FirstRain

FirstRain has successfully raised a total of $65.37M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $11.78 million completed in December 2013. 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 $65.37M
  • Total Rounds 8
  • Last Round Series D β€” $11.78M
  • First Round $2.3M

    (Jan 2001)

  • Investors Count 6

All 8 funding rounds of FirstRain with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2013$11.78MSeries D––
–
Aug 2011$6.4MSeries C––
Jul 2011$5MSeries C–Oak Investment Partners
–
Feb 2010$7.3MSeries C–Diamondhead Ventures, Ampersand Capital
–
Jan 2008$13.6MSeries C––
Jul 2003$8MSeries B––
Oct 2001$11MSeries A––
Jan 2001$2.3MSeed––
Valuation history

7 investors in total: 7 institutional.

Investors in FirstRain

FirstRain has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Rajat Homes, Oak Investment Partners and Diamondhead Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are made in disruptive growth companies.
oakvc.comGreenwich, United States
dhven.com
Ampersand Capital Partners is focused on investments in healthcare and life sciences.
ampersandcapital.comBoston, United States
Delivers trucking transportation and logistics solutions for businesses.
1978johnnjohn.comRayne, United States
Web development and design services are provided internationally by GREG.CH.
greg.chAdliswil, Switzerland
Develops and delivers residential projects with modern amenities in Kolkata.
1995rajathomes.comKolkata, India
IgniteTech is recognized as an AI-first enterprise software company.
ignitetech.comAustin, United States
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Investor details for FirstRain

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of First Rain Software Centre Private Limited (FirstRain)

First Rain Software Centre Private Limited is the primary company behind FirstRain. The board of First Rain Software Centre Private Limited currently have 2 directors; the longest-serving is Dilip Kumar Parasmal, appointed in 2017. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Dilip Kumar Parasmal
DIN 02567948
Director01 Jul 20179 yrs 4 moFirst Rain Software Centre Private Limited
Andrew Simon Price
DIN 02690834
Director01 Aug 20179 yrs 3 moFirst Rain Software Centre Private Limited

People of FirstRain

30 people are tracked at FirstRain (11 in leadership, 19 in team); the tracked headcount is 43.

NameRoleGroup
Oleg Trofimov
C/c++ Chief Software ArchitectLeadership
Kathy Slowinski
CEOLeadership
Emily Riccardi
Administrative Chief of Staff to the CEOLeadership
Matrix Dai
Chief Software ArchitectLeadership
Vitaly Shulgin
Chief Software ArchitectLeadership
Minas Magdi
Java Chief Software ArchitectLeadership
Jesse Manning
Vice President Of SalesLeadership
David Rodriguez
Director Of Technical OperationsLeadership
Babar K.
Vice President Of Technical OperationsLeadership
Nadeem Akhtar
Chief Software ArchitectLeadership
Neeraj Gupta
Head Of Corporate Development / M&aLeadership
Eunice Robbins
Software ProgrammerTeam
Aleksandr Meshcheriakov
Senior Software EngineerTeam
Shannon Ramsey
Svp, CommercialTeam
Andres Cuervo
Project Management OfficerTeam
Chowdhury Rashdi al Rashid
Product ManagerTeam
Nilendu Gupta
Cloud EngineerTeam
Supriya Lokhande
IT Project Manager,qa (pmo)Team
Jackson Dickfos
Strategic AETeam
Ashutosh Sharma
Technical Delivery ManagerTeam

10 more people are available in the full profile.

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Complete people profiles for FirstRain

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Financials of FirstRain

Figures of First Rain Software Centre Private Limited, the primary company behind FirstRain, for FY 2020. Revenue was ₹54,372 (-50% year on year). Net loss was -₹13.2 Lakh (-2422% margin). EBITDA was -₹13.7 Lakh (-2521% margin).

  • ₹54,372Revenue · FY 2020 · -50% YoY
  • -₹13.2 LakhNet loss · -2422% margin
  • -₹13.7 LakhEBITDA · -2521% margin
  • ₹12.6 LakhPaid-up capital
  • 43Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of First Rain Software Centre Private Limited are on its company page.

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Detailed financial statements for FirstRain

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of FirstRain

4 dated milestones of FirstRain across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded FirstRain is founded.
  2. Funding First funding round of $2.3M.
  3. Funding Latest funding round, Series D, of $11.8M.
  4. Exit Acquired by Ignite Technologies.

Competitors of FirstRain

FirstRain has 3 listed competitors in our database, 3 of them funded. They include Twilio, Acquia and Segment.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
twilio.com2008San Francisco, United States$239.77M231
Cloud-based omnichannel communication and customer engagement platform is utilized.
acquia.com2007Boston, United States$173.5M78
AI powered digital experience and customer data management platform
segment.com2011San Francisco, United States$300M450
Customer data is integrated and collected via cloud-based API platform.
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Detailed competitors of FirstRain

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Web traffic of FirstRain

Websites that share an audience with FirstRain (firstrain.com).

Similar websites

Websites whose visitors overlap most with FirstRain. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
isode.com
isode.com
100%
#5,614,667–
fundoodata.com
86%
18.4K#1,399,327View details
venturebeat.com
66%
1.8M#58,219View details
glassdoor.com
55%
30.5M#1,976View details
skygrid.com
54%
5.7K#3,462,576View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 8 similar websites and full traffic analytics for FirstRain

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  • 8 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Sales Force Automation

3 companies that operate in the same segment as FirstRain (Sales Force Automation) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of AI-powered customer relationship management software
2005Cambridge, Massachusetts, United StatesUSD 100.7 MUSD 3.13 B8,250
Contact databases and sales intelligence are supplied to businesses.
2000Vancouver, Washington, United StatesUSD 32 MUSD 1.25 B3,510
Sales prospecting and engagement tools are offered to enterprises.
2011Atlanta, Georgia, United StatesUSD 246.48 M1,121
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Related news about Firstrain

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Complete news archive for FirstRain

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Frequently Asked Questions about FirstRain

FirstRain was founded in 2000 and raised its 1st funding round 1 year after it was founded.

FirstRain is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

FirstRain is a funded company, having raised a total of $65.37M across 8 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Jan 2001.

FirstRain has 43 employees.

The primary company behind FirstRain, First Rain Software Centre Private Limited, reported revenue of β‚Ή54,372 for FY 2020, down 50% year on year.

FirstRain was established in 2000 in San Mateo, United States, within the business intelligence sector. A cross-platform solution is provided to deliver insights on customer businesses and markets. Patented analytics technology is employed to identify relevant web and social media content. Integration occurs with CRM and social enterprise systems, including Salesforce, Microsoft Dynamics, and Cisco WebEx Social. These capabilities support sales, marketing, and finance professionals in their operations.

FirstRain's top competitors include Twilio, Segment and Acquia.

FirstRain offers StreetSmart AI, Eloquens AI, and AnswerHub.

FirstRain has 7 investors. Key investors include Rajat Homes, Oak Investment Partners, Diamondhead Ventures, Ampersand Capital Partners, and John N John.

FirstRain operates through First Rain Software Centre Private Limited.

Yes. FirstRain was acquired by Ignite Technologies in August 2017.

The legal entities of FirstRain currently have 2 directors, including Dilip Kumar Parasmal, Andrew Simon Price.

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