IFS

Itasca, United States Founded: 1983 • Age: 43 yrs Acquired By Arcwide
Cloud-based platform for enterprise digital asset management is provided.

About IFS

IFS is a Technology company based in Itasca (United States) founded in 1983, and was acquired by Arcwide in February 2024. Cloud-based platform for enterprise digital asset management is provided. It operates on a SaaS (Software-as-a-Service) and Managed Services model. The company has 6 employees. IFS has completed 18 acquisitions, including 360 Scheduling, 7Bridges and Astea. Its website ifs.com draws about 313 thousand monthly visits. Its Indian entity Ifs World Operations India Private Limited reported revenue of β‚Ή5.95 Cr. IFS offers products and services including IFS Cloud, IFS.ai, and Field Service Management. Its focus areas include Software, Enterprise Software, Artificial Intelligence and Industrial AI. Its competitors include Canto, Air and Captricity; 2 of its 3 listed competitors have raised funding.

Company details

IFS is established as a leading provider of enterprise software solutions, focusing on industries such as aerospace, defense, energy, utilities, manufacturing, and telecommunications. Comprehensive solutions including IFS Cloud, enterprise resource planning, asset management, and field service management are offered. Advanced industrial AI through IFS.ai is integrated to enhance productivity and operational efficiency. Services are extended to support digital transformation and sustainability goals across diverse sectors. Customer engagement and service excellence are prioritized through innovative software and AI-driven automation.

  • Headquarters Itasca, United States
  • Employees 6
  • Stage Acquired
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website ifs.com
  • Social LinkedIn Facebook Instagram YouTube
  • Acquired by EQT (Jul 2020)
  • Legal Name Ifs World Operations India Private Limited
  • Date of Incorporation 22 Jul, 2022
  • Jurisdiction Kolkata, West Bengal, India
Key Metrics
  • Indian entity revenue
    ₹5.95 Cr

    FY 2025 · -20% YoY

  • Indian entity net profit
    ₹40.5 Lakh

    FY 2025 · 7% margin

  • Indian entity EBITDA
    ₹1.04 Cr

    FY 2025 · 17% margin

  • Investors
    Hg

    & 3 more

  • Employee Count
    6
  • Investments & Acquisitions
  • Acquired by
    Arcwide

    & 1 more

    (Feb 2024)

Products & Services of IFS

IFS offers a comprehensive portfolio of products and services, including IFS Cloud, IFS.ai, and Field Service Management.

IFS Cloud
Enterprise Software

Enterprise software for asset and resource management solutions.

IFS.ai
Industrial AI

AI-driven insights for productivity and operational efficiency.

Field Service Management
Service Management

Software for managing field service operations effectively.

Apps and channels of IFS

IFS publishes 3 mobile apps with over 1.1K+ downloads; its YouTube channel IFS has 487 subscribers and 30 videos.

IFS assyst Self Service Intune
Google Play Business Everyone Free
Developer: IFS
View on Google Play
IFS assyst Self Service Mobile
Google Play Business Everyone Free
Developer: IFS
View on Google Play
IFS MWO Maintenance Classic
Google Play Business Everyone Free
Developer: IFS
View on Google Play
IFS
YouTube 487 subscribers 30 videos Science & Technology
Open channel

Videos from IFS

The most watched videos on IFS's YouTube channel, IFS (487 subscribers). Click a video to play it here.

Industrial AI is changing our world
52.4K views
Industrial AI is IFS.ai
491 views
AI Think Tank: Is a 2-day Work Week Coming?
328 views
IFS Service Center | Introduction & Contents
272 views

More on IFS.

Funding Insights of IFS

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of IFS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2022Private Equity Round––
Valuation history

4 investors in total: 4 institutional.

Investors in IFS

IFS has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Hg, EQT and TA Associates.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity investments in Europe are managed by Hg.
1990hgcapital.comLondon, United Kingdom
Multiple sectors are invested in by private equity firm TA.
ta.comBoston, United States
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
arcwide.com
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Investor details for IFS

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Board of directors of Ifs World Operations India Private Limited (IFS)

Ifs World Operations India Private Limited is the primary company behind IFS. The board of Ifs World Operations India Private Limited currently have 4 directors; the longest-serving is Sunder Singh, appointed in 2022. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sunder Singh
DIN 08402627
Director22 Jul 20224 yrs 3 moIfs World Operations India Private Limited
Ranil Denesh Rajapakse
DIN 09735721
Director28 Sep 20224 yrs 1 moIfs World Operations India Private Limited
Jesper Anders Alwall
DIN 09736085
Director28 Sep 20224 yrs 1 moIfs World Operations India Private Limited
Raymond Kevan Jones
DIN 11274233
Director09 Sep 20251 yr 1 moIfs World Operations India Private Limited

People of IFS

704 people are tracked at IFS (288 in leadership, 10 in board & advisors, 406 in team); the tracked headcount is 6.

NameRoleGroup
Lynda Ibrouchene
Head Of Human Resources Middle East And South AsiaLeadership
Fin Jennrich
VP Sales - Central Europe & NordicsLeadership
Thilanka Jayathilaka
Vice President Human ResourcesLeadership
Christian Pedersen
Chief Innovation OfficerLeadership
Matthias Heiden
CFOLeadership
Oliver Pilgerstorfer
CMOLeadership
Brian Vranicar
Vice President Of Sales, Install BaseLeadership
Eva L. Carlund
Head Of Data ManagementLeadership
George Barrett
Head Of Global AccountingLeadership
Tom Axel Smith
VP Marketing, M&aLeadership
Buddika Hiripitiyage
VP Cloud Engineering - IFS Cloud InfrastructureLeadership
Stephen Baker
Vice President Human ResourcesLeadership
Matt D'Angelo
Client Services PartnerLeadership
Mark George
Presales Director - Service Management - Europe & Latin AmericaLeadership
Jeffrey Turner
DirectorLeadership
Tomas Jørgensen
Senior Director Customer Services | IFS NordicsLeadership
Glen Tanner
Chief Procurement OfficerLeadership
Ceri Daniels
Global Head Talent AcquisitionLeadership
Steve Andrew
Vice President - Demand GenerationLeadership
Kevin Gillett
Vice President Legal Affairs, Asia Pacific, Middle East & AfricaLeadership

684 more people are available in the full profile.

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Financials of IFS

Figures of Ifs World Operations India Private Limited, the primary company behind IFS, for FY 2025. Revenue was ₹5.95 Cr (-20% year on year). Net profit was ₹40.5 Lakh (7% margin). EBITDA was ₹1.04 Cr (17% margin).

  • ₹5.95 CrRevenue · FY 2025 · -20% YoY
  • ₹40.5 LakhNet profit · 7% margin
  • ₹1.04 CrEBITDA · 17% margin
  • ₹1 LakhPaid-up capital
  • 6Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Ifs World Operations India Private Limited are on its company page.

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Detailed financial statements for IFS

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

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  • Downloads

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Investments & Acquisitions by IFS

IFS has strategically engaged in corporate development activities, having acquired 18 companies. Notable acquisitions include 360 Scheduling, 7Bridges and Astea.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Supply chain planning and execution software solutions are provided.
softeon.comReston, United States1999Dec 2025β€’β€’β€’β€’
AI and SaaS-enabled solutions for supply chain management are provided.
the7bridges.comLondon, United Kingdom2016Aug 2025β€’β€’β€’β€’
Analytics tools are provided for customer service workflow analysis.
theloops.ioSan Jose, United States2019Jun 2025β€’β€’β€’β€’
Cloud-based maintenance management software is offered for aviation.
empowermx.comFrisco, United States1999Jul 2024β€’β€’β€’β€’
AI-powered solutions for asset investment planning are delivered.
copperleaf.comVancouver, Canada2000Jun 2024$661.67M
Advanced analytical technologies are provided for industrial equipment operations.
falkonry.comSan Francisco, United States2012Aug 2023β€’β€’β€’β€’
Business data and procedures are assembled via a multi-platform application.
poka.ioQuebec, Canada2014Jun 2023β€’β€’β€’β€’
Asset and facility management software is provided by Ultimo.
ultimo.comManchester, United Kingdom1988Jul 2022β€’β€’β€’β€’
Customer feedback is captured through tailored surveys and integrated dashboards.
customerville.comSeattle, United States2004Jul 2021β€’β€’β€’β€’
IFS assyst is recognized for providing IT and enterprise service management solutions.
axiossystems.comEdinburgh, United Kingdom1988Mar 2021β€’β€’β€’β€’
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Complete acquisition details for IFS

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of IFS

14 dated milestones of IFS across 42 years, from founding to its latest funding, stage changes and deals.

  1. Founded IFS is founded.
  2. Exit Acquired by EQT.
  3. Acquisition Acquires IFS assyst.
  4. Acquisition Acquires Customerville.
  5. Funding First funding round.
  6. Acquisition Acquires Ultimo.
  7. Acquisition Acquires Poka.
  8. Acquisition Acquires Falkonry.
  9. Exit Acquired by Arcwide.
  10. Acquisition Acquires Copperleaf.
  11. Acquisition Acquires empowerMX.
  12. Acquisition Acquires TheLoops.
  13. Acquisition Acquires 7Bridges.
  14. Acquisition Acquires Softeon.

Competitors of IFS

IFS has 3 listed competitors in our database, 2 of them funded. They include Canto, Air and Captricity.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
canto.com1990San Francisco, United States76
Digital assets are managed, organized, and shared via cloud platform.
air.inc2017Brooklyn, United States$76.77M12
A platform is offered for content creation and management.
captricity.com2011Oakland, United States$50.74M34
Data from paper as a service for various industries including Insurance
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Detailed competitors of IFS

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Web traffic of IFS

The website of IFS (ifs.com) receives about 313.5K visits a month and ranks #148,918 among all websites worldwide, #3,342 in Programming and Developer Software.

  • Monthly visits
    313.5K

    ▲ 3.9% vs previous month

  • Unique visitors
    122.5K

    per month

  • Global rank
    #148,918

    among all websites

  • Category rank
    #3,342

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
alumio.com
100%
66.5K#559,349View details
joblogic.com
97%
214.5K#174,815View details
omie.com.br
96%
5.7M#8,264View details
iconics.com
96%
47.8K#601,052View details
sente.pl
95%
#640,061View 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 40 similar websites and full traffic analytics for IFS

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Top companies in Enterprise Software & Platforms

3 companies that operate in the same segment as IFS (Enterprise Software & Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B4,447
Cloud-based big data warehouse for enterprise data management is provided.
2012Bozeman, Montana, United StatesUSD 1.46 BUSD 3.63 B12,114
Cloud based project management platform
2016Palo Alto, California, United StatesUSD 535.25 M1
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Related news about Ifs

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Complete news archive for IFS

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Frequently Asked Questions about IFS

IFS was founded in 1983 and raised its 1st funding round 39 years after it was founded.

IFS is headquartered in Itasca, United States. It is registered at Itasca, Illinois, United States.

The primary company behind IFS, Ifs World Operations India Private Limited, reported revenue of β‚Ή5.95 Cr for FY 2025, down 20% year on year.

IFS is established as a leading provider of enterprise software solutions, focusing on industries such as aerospace, defense, energy, utilities, manufacturing, and telecommunications. Comprehensive solutions including IFS Cloud, enterprise resource planning, asset management, and field service management are offered. Advanced industrial AI through IFS.ai is integrated to enhance productivity and operational efficiency. Services are extended to support digital transformation and sustainability goals across diverse sectors. Customer engagement and service excellence are prioritized through innovative software and AI-driven automation.

IFS's top competitors include Canto, Air and Captricity.

IFS offers IFS Cloud, IFS.ai, and Field Service Management.

IFS has made 18 acquisitions, including 360 Scheduling, 7Bridges, and Astea.

IFS has 4 investors. Key investors include Hg, EQT, TA Associates, and Arcwide.

IFS operates through Ifs World Operations India Private Limited.

Yes. IFS was acquired by EQT in July 2020.

The legal entities of IFS currently have 4 directors, including Sunder Singh, Ranil Denesh Rajapakse, Jesper Anders Alwall and others.

Yes. IFS publishes IFS assyst Self Service Intune and 2 more apps, with over 1,051 downloads.

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