About Grid Dynamics
Grid Dynamics is a company based in Fremont (United States) founded in 2006 was acquired by Automated Systems Holdings in December 2016.. The company has 4,730 employees as of December 31, 2024. Grid Dynamics has completed 7 acquisitions, including Daxx, JUXT and Mobile Computing. Grid Dynamics offers products and services including AI Services, Cloud Engineering, Digital Engagement, IoT and Edge Computing, and Data and ML Platform. Grid Dynamics operates in a competitive market with competitors including Netlify, OutSystems, Vercel, Split and LaunchDarkly, among others.
- Headquarter Fremont, United States
- Employees 4730 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Grid Dynamics Holdings, Inc.
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Annual Revenue
$350.57 M12.04as on Dec 31, 2024
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Net Profit
$4.04 M329.55as on Dec 31, 2024
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EBITDA
$22.07 M175.01as on Dec 31, 2024
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Latest Funding Round
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Investors
Benhamou Global Ventures
& 1 more
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Employee Count
4730
as on Dec 31, 2024
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Investments & Acquisitions
Daxx
& 6 more
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Acquired by
Automated Systems Holdings
(Dec 19, 2016)
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IPO & Listings of Grid Dynamics
Grid Dynamics is a publicly listed company on the NASDAQ with ticker symbol GDYN 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.
Products & Services of Grid Dynamics
Grid Dynamics offers a comprehensive portfolio of products and services, including AI Services, Cloud Engineering, Digital Engagement, IoT and Edge Computing, and Data and ML Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Uses AI to enhance operations, security, and innovation for businesses
Facilitates cloud migration and modernization for enterprise platforms
Creates personalized digital journeys for customer retention
Leverages IoT for supply chain and manufacturing intelligence
Builds ecosystems to convert data into actionable insights
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Funding Insights of Grid Dynamics
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Series B - Grid Dynamics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Grid Dynamics
Grid Dynamics has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Benhamou Global Ventures and Automated Systems Holdings. 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 |
|---|---|---|---|---|
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Venture capital firm investing in AI and cross-border enterprise startups from Silicon Valley.
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Founded Year | Domain | Location | |
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Solutions and service provider for IT infrastructure, security, data intelligence and cloud management
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Grid Dynamics
Grid Dynamics has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Daxx, JUXT and Mobile Computing. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Application deployment and configuration management
|
2013 | ||||
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Provider of software development services
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2012 | ||||
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Product design and development services are provided by Mutual Mobile.
|
2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Grid Dynamics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grid Dynamics Comparisons
Competitors of Grid Dynamics
Grid Dynamics 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 Netlify, OutSystems, Vercel, Split and LaunchDarkly, 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 |
Cloud-based software for continuous application development and deployment.
|
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| domain | founded_year | HQ Location |
Low-code platform enables application development and deployment without coding.
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| domain | founded_year | HQ Location |
Serverless platform for Node.js app deployment is offered by Zeit.
|
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| domain | founded_year | HQ Location |
Split is recognized for providing feature management solutions.
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| domain | founded_year | HQ Location |
Cloud-based feature management platform is utilized for software deployments.
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| domain | founded_year | HQ Location |
Open-source internet infrastructure software is provided by NGINX.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grid Dynamics
Frequently Asked Questions about Grid Dynamics
When was Grid Dynamics founded?
Grid Dynamics was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Where is Grid Dynamics located?
Grid Dynamics is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Who is the current CEO of Grid Dynamics?
Leonard Livschitz is the current CEO of Grid Dynamics.
How many employees does Grid Dynamics have?
As of Dec 31, 2024, the latest employee count at Grid Dynamics is 4,730.
What is the annual revenue of Grid Dynamics?
Annual revenue of Grid Dynamics is $350.57M as on Dec 31, 2024.
What does Grid Dynamics do?
Grid Dynamics was founded in 2006 and is headquartered in Fremont, United States. The company operates in the software sector, focusing on cloud computing and DevOps tools. Continuous integration and deployment pipelines are enabled for development teams to deliver production changes. Monolithic applications are converted into services, while underutilized server clusters are transformed into virtualized computing clouds through grid and cloud technologies.
Who are the top competitors of Grid Dynamics?
Grid Dynamics's top competitors include Netlify, LaunchDarkly and Split.
What products or services does Grid Dynamics offer?
Grid Dynamics offers AI Services, Cloud Engineering, Digital Engagement, IoT and Edge Computing, and Data and ML Platform.
Is Grid Dynamics publicly traded?
Yes, Grid Dynamics is publicly traded on NASDAQ under the ticker symbol GDYN.
How many acquisitions has Grid Dynamics made?
Grid Dynamics has made 7 acquisitions, including Daxx, JUXT, and Mobile Computing.
Who are Grid Dynamics's investors?
Grid Dynamics has 2 investors. Key investors include Benhamou Global Ventures, and Automated Systems Holdings.
What is Grid Dynamics's ticker symbol?
The ticker symbol of Grid Dynamics is GDYN on NASDAQ.
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