About Herald Logic
Herald Logic is a company based in Mumbai (India) founded in 2002 by Rajesh Iyer and Ram Ramdas. Herald Logic has raised $220.27 thousand across 2 funding rounds from investors including Sathish Madhira, MC Raisinghani and TRIITON Mentors and Advisors. The company has 135 employees as of April 06, 2024. Herald Logic operates in a competitive market with competitors including Spiff, Xactly, Varicent, Zafin and Atrium, among others.
- Headquarter Mumbai, India
- Employees 135 as on 06 Apr, 2024
- Founders Rajesh Iyer, Ram Ramdas
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Sectors
Financial ServicesTechnology
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Email
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Website
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Social
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- Legal Name Herald Logic Private Limited
- Date of Incorporation 21 Jun, 2000
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.45 M (USD)73.63as on Mar 31, 2023
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Net Profit
-$23.72 K (USD)75.03as on Mar 31, 2023
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EBITDA
$91.59 K (USD)223.6as on Mar 31, 2023
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Total Equity Funding
$220.27 K (USD)
in 2 rounds
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Latest Funding Round
$133.64 K (USD), Series A
Mar 30, 2010
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Investors
TRIITON Mentors and Advisors
& 12 more
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Employee Count
135
as on Apr 06, 2024
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Funding Insights of Herald Logic
Herald Logic has successfully raised a total of $220.27K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $133.64 thousand completed in March 2010. 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.
Investors in Herald Logic
Herald Logic has secured backing from 13 investors, including angel and institutional investors. Prominent investors backing the company include Sathish Madhira, MC Raisinghani and TRIITON Mentors and Advisors.
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Investor details for Herald Logic
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Investments & Acquisitions by Herald Logic
Investment portfolio details for Herald Logic
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Financial Statements - Herald Logic
Detailed financials for Herald Logic
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Herald Logic Comparisons
Peer comparison for Herald Logic
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Competitors of Herald Logic
Herald Logic 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 Spiff, Xactly, Varicent, Zafin and Atrium, among others.
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A platform for saving and investing money is provided.
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Sales performance management software is provided for enterprises.
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Incentive compensation and sales performance solutions are provided for enterprises.
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Software solutions for relationship banking in financial services are delivered.
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Workforce analytics platform is offered for sales performance monitoring.
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AI-powered loyalty, rewards, and employee engagement solutions are provided.
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Detailed competitors of Herald Logic
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Latest news on Herald Logic
Complete news archive for Herald Logic
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Frequently Asked Questions about Herald Logic
Herald Logic was founded in 2002 and raised its 1st funding round 6 years after it was founded.
Herald Logic is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rajesh Iyer is the current CEO of Herald Logic. They have also founded this company.
Herald Logic is a funded company, having raised a total of $220.27K across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Herald Logic is 135.
Annual revenue of Herald Logic is $2.45M as on Mar 31, 2023.
Herald Logic was founded in 2002 in Mumbai, India, as a provider of sales incentive management software. Incentive compensation modules are utilized to optimize and launch programs that drive sales motivation through payouts. Additional features include lifecycle management and performance tracking for staff and channel partners. Services are extended to clients such as Kotak, ICICI Bank, Aviva, TVS Credit Services, and India First Life Insurance.
Herald Logic has 13 investors. Key investors include Sathish Madhira, MC Raisinghani, TRIITON Mentors and Advisors, Ashish Shah, and Sanjiv Singhal.
The valuation of Herald Logic is $263.88K as of Mar 2010.