About HeroDevs
HeroDevs is a company based in Lehi (United States) founded in 2018.. HeroDevs has raised $125 million across 1 funding round from investors including PSG Equity and Album VC. HeroDevs has completed 1 acquisition, including Xeol. HeroDevs offers products and services including AngularJS NES, Angular NES, Spring NES, and Node.js NES. HeroDevs operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Lehi, United States
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$125 M (USD)
in 1 rounds
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Latest Funding Round
$125 M (USD), Series D
Jul 24, 2025
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Investors
PSG Equity
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of HeroDevs
HeroDevs offers a comprehensive portfolio of products and services, including AngularJS NES, Angular NES, Spring NES, and Node.js NES. 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.
Provides secure updates for end-of-life AngularJS versions.
Offers support and patches for various Angular software versions.
Delivers security updates for deprecated Spring frameworks.
Ensures ongoing maintenance for end-of-life Node.js editions.
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Funding Insights of HeroDevs
HeroDevs has successfully raised a total of $125M through 1 strategic funding round. The most recent funding activity was a Series D round of $125 million completed in July 2025. 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 Total Funding
- Total Rounds 1
- Last Round Series D — $125.0M
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First Round
First Round
(24 Jul 2025)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2025 | Amount | Series D - HeroDevs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 HeroDevs
HeroDevs has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include PSG Equity and Album VC. 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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Capital and operational support are provided to growth-stage software companies.
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Founded Year | Domain | Location | |
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Investments are directed toward early-stage tech startups by Album VC.
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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.
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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 HeroDevs
HeroDevs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Xeol. 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
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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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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Code security solution
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2023 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HeroDevs
| 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 |
Herodevs Comparisons
Competitors of HeroDevs
HeroDevs 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 |
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Herodevs
Frequently Asked Questions about HeroDevs
When was HeroDevs founded?
HeroDevs was founded in 2018 and raised its 1st funding round 7 years after it was founded.
Where is HeroDevs located?
HeroDevs is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
Is HeroDevs a funded company?
HeroDevs is a funded company, having raised a total of $125M across 1 funding round to date. The company's 1st funding round was a Series D of $125M, raised on Jul 24, 2025.
What does HeroDevs do?
HeroDevs was founded in 2018 and is headquartered in Lehi, United States. Operations focus on the information technology sector, where web development and consulting services are delivered to clients. Expertise is applied in creating digital solutions and advising on IT strategies. The company maintains an online presence through herodevs.com, supporting projects across various industries from its U.S. base.
Who are the top competitors of HeroDevs?
HeroDevs's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does HeroDevs offer?
HeroDevs offers AngularJS NES, Angular NES, Spring NES, and Node.js NES.
How many acquisitions has HeroDevs made?
HeroDevs has made 1 acquisition, including Xeol.
Who are HeroDevs's investors?
HeroDevs has 2 investors. Key investors include PSG Equity, and Album VC.
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