About iSpace
iSpace is a company based in El Segundo (United States) founded in 2000 by Suresh Kothapalli was acquired by Beike in October 2023. It operates as a SaaS (Software-as-a-Service), and Managed Services. The company has 654 employees as of March 31, 2024. iSpace offers products and services including Mobility Solutions, Healthcare Solutions, Data & Analytics, and Robotic Process Automation. iSpace operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter El Segundo, United States
- Employees 654 as on 31 Mar, 2024
- Founders Suresh Kothapalli
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Ispace, Inc
- Date of Incorporation 09 Jul, 2015
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$11.3 M (USD)49.78as on Mar 31, 2023
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Net Profit
$539.84 K (USD)21.11as on Mar 31, 2023
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EBITDA
$1.2 M (USD)30.83as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
654
as on Mar 31, 2024
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Acquired by
Beike
(Oct 11, 2023)
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Products & Services of iSpace
iSpace offers a comprehensive portfolio of products and services, including Mobility Solutions, Healthcare Solutions, Data & Analytics, and Robotic Process Automation. 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.
Mobile solutions are crafted for connected application ecosystems.
SaaS and BPO solutions are provided for healthcare payers.
Big data services are offered for business insights.
Automated solutions are built for cognitive business processes.
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Funding Insights of iSpace
| 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 iSpace
iSpace has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 贝壳找房 (Beike Zhaofang). 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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A platform for real estate listings in Beijing is provided.
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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 iSpace
| 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 |
Financial Statements - iSpace
| 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 |
Ispace Comparisons
Competitors of iSpace
iSpace 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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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ispace
Frequently Asked Questions about iSpace
When was iSpace founded?
iSpace was founded in 2000.
Where is iSpace located?
iSpace is headquartered in El Segundo, United States. It is registered at El Segundo, California, United States.
How many employees does iSpace have?
As of Mar 31, 2024, the latest employee count at iSpace is 654.
What is the annual revenue of iSpace?
Annual revenue of iSpace is $11.3M as on Mar 31, 2023.
What does iSpace do?
Technology and business process solutions are delivered by iSpace, focusing on industries such as Healthcare, Automotive, Entertainment, and Financial Services. IT services including mobility, data analytics, and artificial intelligence are offered alongside healthcare solutions for payers and providers. Business process services, including robotic process automation and revenue cycle management, are also provided. Since its founding in 2000, a global delivery model with centers in North America and India is utilized to ensure scalable and quality-driven solutions.
Who are the top competitors of iSpace?
iSpace's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does iSpace offer?
iSpace offers Mobility Solutions, Healthcare Solutions, Data & Analytics, and Robotic Process Automation.
Who are iSpace's investors?
iSpace has 1 investor. Key investors include 贝壳找房 (Beike Zhaofang).