About Hoverstate
Hoverstate is a Business Services company based in Los Angeles (United States) founded in 2008, and was acquired by SoftServe in June 2023. Application development services are provided by Hoverstate in Los Angeles. It operates in the Business Services and Technology sectors. Hoverstate has raised $1.5 million across 1 funding round from investors including SoftServe. Its focus areas include AI Services, Consulting, Data Science and Digital Transformation Services. Its competitors include Genpact, Sutherland and Teneo; 2 of its 3 listed competitors have raised funding.
Company details
Hoverstate was established in 2008 in Los Angeles, United States, as a provider of application development services. Operations are centered on software solutions for various business needs within the technology sector. Custom applications are developed and maintained for clients. The company is led by Managing Director Marco P. Activities are conducted primarily from the U.S. base, supporting regional and potential international projects.
- Headquarters Los Angeles, United States
- Stage Acquired
- SectorsBusiness ServicesTechnology
- Email••••••••
- Website hoverstate.com
- Social LinkedIn X Facebook
- Acquired by SoftServe (Jun 2023)
Funding Insights of Hoverstate
Hoverstate has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in March 2020. 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 $1.5M
- Total Rounds 1
- Last Round Seed — $1.5M
- First Round $1.5M
(Mar 2020)
All 1 funding rounds of Hoverstate 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 |
|---|---|---|---|---|---|
| Mar 2020 | $1.5M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Hoverstate
Hoverstate has secured backing from 1 investor. Prominent investors backing the company include SoftServe.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Custom software development, product management, and consulting services are offered. | 1993 | softserveinc.com | Austin, United States |
Investor details for Hoverstate
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Hoverstate
17 people are tracked at Hoverstate (4 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
Marco P | Managing Director | Leadership |
A.J. Altman | Founder and CEO | Leadership |
Wei Gu | VP Of Data Science | Leadership |
Eric Berglund | VP Of Software Development | Leadership |
Taylor Rhodes | Sr Devops Engineer | Team |
Kathy Helsley | Senior Project Manager | Team |
Bhimsen Bhattarai | Pega Certified Senior System Architect | Team |
G. Trent Johnson | Product Owner | Team |
Pravin Magar | Senior Manager Of Technology Solutions | Team |
Aishwarya Ramakrishnan | Senior System Architect | Team |
Luis Fernando Orellana | PEGA Senior System Architect | Team |
Rukevwe Asah | Software Engineer | Team |
Adrie Ruiz | Digital Project Manager | Team |
Jennifer Nelson Csm | Digital Project Manager | Team |
Leqi Chen | User Experience Designer | Team |
Veronica Marzolla | Pega Senior System Architect | Team |
Adriana Nosthas | Senior Pega Developer | Team |
Complete people profiles for Hoverstate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
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Timeline of Hoverstate
3 dated milestones of Hoverstate across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Hoverstate is founded.
- Funding First funding round of $1.5M.
- Exit Acquired by SoftServe.
Competitors of Hoverstate
Hoverstate has 3 listed competitors in our database, 2 of them funded. They include Genpact, Sutherland and Teneo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| sutherlandglobal.com | 1986 | Pittsford, United States | $60M | 3,444 | Business process and technology management services are provided globally. | |
| teneo.com | 2011 | New York, United States | $400M | 313 | Business consulting, financial advisory, and crisis management services are provided. |
Detailed competitors of Hoverstate
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- Full competitor set
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- Competitive positioning
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Web traffic of Hoverstate
Websites that share an audience with Hoverstate (hoverstate.com).
Websites whose visitors overlap most with Hoverstate. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| 4life.com | 100% | 386.5K | #109,203 | View details | |
transferfactor-4-life.com | transferfactor-4-life.com | 96% | #8,053,245 | – | |
cher4life.com | cher4life.com | 69% | #13,051,013 | – |
Top companies in Digital Transformation & Automation Services
3 companies that operate in the same segment as Hoverstate (Digital Transformation & Automation Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Artificial intelligence and analytics solutions are provided for enterprise transformation. | 2000 | New York, New York, United States | USD 685 M | USD 270.83 M | 5,217 |
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Related news about Hoverstate
Complete news archive for Hoverstate
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Frequently Asked Questions about Hoverstate
Hoverstate was founded in 2008 and raised its 1st funding round 12 years after it was founded.
Hoverstate is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Hoverstate is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 2020.
Hoverstate was established in 2008 in Los Angeles, United States, as a provider of application development services. Operations are centered on software solutions for various business needs within the technology sector. Custom applications are developed and maintained for clients. The company is led by Managing Director Marco P. Activities are conducted primarily from the U.S. base, supporting regional and potential international projects.
Hoverstate's top competitors include Genpact, Sutherland and Teneo.
Hoverstate has 1 investor. Key investors include SoftServe.
Yes. Hoverstate was acquired by SoftServe in June 2023.