Impetus

Los Gatos, United States Founded: 1991 • Age: 35 yrs
Cloud based software product development and technology
Annual revenue $83.4M Latest available
Total funding $350.0M 1 rounds
Employees 2060 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Impetus

Impetus is a company based in Los Gatos (United States) founded in 1991 by Ritu Bapna and Praveen Kankariya. Impetus has raised $350 million across 1 funding round from investors including Kedaara. The company has 2,060 employees as of April 04, 2024. Impetus offers products and services including LeapLogic, Unity Catalog Migration Accelerator, GenAI Innovation Labs, and Cloud Cost Optimizer. Impetus operates in a competitive market with competitors including Confluent, DataStax, StreamSets, Striim and Iguazio, among others.

  • Headquarter Los Gatos, United States
  • Employees 2060 as on 04 Apr, 2024
  • Founders Ritu Bapna, Praveen Kankariya
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Impetus Technologies India Private Limited
  • Date of Incorporation 07 Nov, 2000
  • Jurisdiction Indore, Madhya Pradesh, India
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $83.37 M (USD)
    55.15
    as on Mar 31, 2023
  • Net Profit
    $8.23 M (USD)
    14.89
    as on Mar 31, 2023
  • EBITDA
    $9.26 M (USD)
    19.79
    as on Mar 31, 2023
  • Total Equity Funding
    $350 M (USD)

    in 1 rounds

  • Latest Funding Round
    $350 M (USD), Private Equity Round

    Jan 16, 2025

  • Investors
  • Employee Count
    2060

    as on Apr 04, 2024

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Products & Services of Impetus

Impetus offers a comprehensive portfolio of products and services, including LeapLogic, Unity Catalog Migration Accelerator, GenAI Innovation Labs, and Cloud Cost Optimizer.

Product name locked
Category locked
Primary

Automates data warehouse and analytics migration to modern platforms.

Product name locked
Category locked
Locked

Facilitates concurrent upgrades to Databricks with minimal disruption.

Product name locked
Category locked
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Delivers production-ready GenAI prototypes in under six weeks.

Product name locked
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Helps control cloud expenses and manage technical debt effectively.

People of Impetus

Headcount 1000-5000
Employee Profiles 274
Employee Profiles
People
Praveen Kankariya
Founder & CEO
People
Anand Raman
SVP, Sales & Account Management
People
Neh Vashishth
Manager- Global Business & Growth Marketing- Product & Services
People
Mike Patnode
Regional Vice President - US N. Central & US West

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Funding Insights of Impetus

Impetus has successfully raised a total of $350M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $350 million completed in January 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.

Investors in Impetus

Impetus has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kedaara.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on growth companies
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Investor details for Impetus

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Investments & Acquisitions by Impetus

Investments
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Investment portfolio details for Impetus

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Financial Statements - Impetus

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Detailed financials for Impetus

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Impetus Comparisons

Impetus Primary company
Description
Cloud based software product development and technology
Location
Los Gatos, United States
Founded Year
1991
Annual Revenue
$83.37 M (USD)
Net Profit
$8.23 M (USD)
EBITDA
$9.26 M (USD)
Employees
2,060
As of 2024
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Peer comparison for Impetus

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Competitors of Impetus

Impetus 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 Confluent, DataStax, StreamSets, Striim and Iguazio, among others.

Company Name Domain Founded year HQ Location Description
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Cloud based data streaming analytics and governance platform
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Cloud based database platform for enterprises
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Data streams are managed via flow design and performance monitoring.
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Streaming data integration and operational intelligence are facilitated through pipelines.
Locked Locked Locked
Streaming analytics platform provided for multiple industries worldwide.
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Detailed competitors of Impetus

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Latest news on Impetus

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Complete news archive for Impetus

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Frequently Asked Questions about Impetus

Impetus was founded in 1991 and raised its 1st funding round 34 years after it was founded.

Impetus is headquartered in Los Gatos, United States. It is registered at Los Gatos, California, United States.

Rajeeva Gupta is the current CEO of Impetus.

Impetus is a funded company, having raised a total of $350M across 1 funding round to date.

As of Apr 04, 2024, the latest employee count at Impetus is 2,060.

Annual revenue of Impetus is $83.37M as on Mar 31, 2023.

Impetus was founded in 1991 and is headquartered in Los Gatos, United States. Technology services and product engineering are offered in the software development sector, with emphasis on big data analytics. Operations include development of specialized tools, such as a product built on Storm for streaming data analysis and Kyvos Insights for Hadoop-based analytics. Services support cloud-based solutions for various data processing needs.

Impetus's top competitors include Confluent, DataStax and Striim.

Impetus offers LeapLogic, Unity Catalog Migration Accelerator, GenAI Innovation Labs, and Cloud Cost Optimizer.

Impetus has 1 investor. Key investors include Kedaara.

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