Impetus

Los Gatos, United States Founded: 1991 • Age: 35 yrs
Cloud based software product development and technology
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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
    *********
  • Website
    *********
  • Social
    *********
  • 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
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. 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.

Primary

Automates data warehouse and analytics migration to modern platforms.

Facilitates concurrent upgrades to Databricks with minimal disruption.

Delivers production-ready GenAI prototypes in under six weeks.

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 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Private Equity Round — $350.0M
  • First Round

    (16 Jan 2025)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2025 Amount Private Equity Round - Impetus Valuation Kedaara
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Impetus

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

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on growth companies
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Impetus

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Impetus

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Impetus Comparisons

Employees
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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. 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
domain founded_year HQ Location
Cloud based data streaming analytics and governance platform
domain founded_year HQ Location
Cloud based database platform for enterprises
domain founded_year HQ Location
Data streams are managed via flow design and performance monitoring.
domain founded_year HQ Location
Streaming data integration and operational intelligence are facilitated through pipelines.
domain founded_year HQ Location
Streaming analytics platform provided for multiple industries worldwide.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Impetus

Frequently Asked Questions about Impetus

When was Impetus founded?

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

Where is Impetus located?

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

Who is the current CEO of Impetus?

Rajeeva Gupta is the current CEO of Impetus.

Is Impetus a funded company?

Impetus is a funded company, having raised a total of $350M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $350M, raised on Jan 16, 2025.

How many employees does Impetus have?

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

What is the annual revenue of Impetus?

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

What does Impetus do?

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.

Who are the top competitors of Impetus?

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

What products or services does Impetus offer?

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

Who are Impetus's investors?

Impetus has 1 investor. Key investors include Kedaara.

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