About ITsavvy
ITsavvy is a company based in Addison (United States) founded in 2004 by Michael Theriault and Chris Kurpeikis was acquired by Xerox in October 2024. ITsavvy has raised $81.4 million across 1 funding round from investors including Xerox and GenNx360. The company has 330 employees as of September 30, 2023. ITsavvy has completed 3 acquisitions, including INOC, InfrastructureWORKS and enfoPoint. ITsavvy operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Addison, United States
- Employees 330 as on 30 Sep, 2023
- Founders Michael Theriault, Chris Kurpeikis
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Itsavvy Llc
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$81.4 M (USD)
in 1 rounds
-
Latest Funding Round
$81.4 M (USD), Private Equity Round
Aug 10, 2022
-
Investors
Xerox
& 1 more
-
Employee Count
330
as on Sep 30, 2023
-
Investments & Acquisitions
INOC
& 2 more
-
Acquired by
Xerox
(Oct 17, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of ITsavvy
Unlock access to complete
Funding Insights of ITsavvy
ITsavvy has successfully raised a total of $81.4M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $81.4 million completed in August 2022. 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 ITsavvy
ITsavvy has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Xerox and GenNx360.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
GenNx360 is engaged in private equity investments for industrial sectors.
|
Locked | Locked | Locked | |
|
Digital document solutions are provided for office and business needs.
|
Locked | Locked | Locked |
Investor details for ITsavvy
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by ITsavvy
ITsavvy has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include INOC, InfrastructureWORKS and enfoPoint.
Investment portfolio details for ITsavvy
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Storage, backup, recovery, networking, and consulting services are provided.
|
Locked | Locked | 2010 | Locked | |
|
IT managed services are provided by enfoPoint to businesses.
|
Locked | Locked | 2008 | Locked | |
|
Diversified business process outsourcing services are provided globally.
|
Locked | Locked | 2000 | Locked |
Complete acquisition details for ITsavvy
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - ITsavvy
Detailed financials for ITsavvy
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Itsavvy Comparisons
Peer comparison for ITsavvy
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of ITsavvy
ITsavvy 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, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
High-quality office furniture is provided by UST for various needs.
|
|
| Locked | Locked | Locked |
Application development, cloud, cybersecurity, and business intelligence services are provided.
|
|
| Locked | Locked | Locked |
AI, cloud, and blockchain services are provided globally.
|
|
| Locked | Locked | Locked |
IT and digital transformation services are delivered to various industries.
|
|
| Locked | Locked | Locked |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
|
|
| Locked | Locked | Locked |
Provider of end-to-end business process outsourcing services
|
Detailed competitors of ITsavvy
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Itsavvy
Complete news archive for ITsavvy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about ITsavvy
ITsavvy was founded in 2004 and raised its 1st funding round 18 years after it was founded.
ITsavvy is headquartered in Addison, United States. It is registered at Addison, Texas, United States.
Michael Theriault is the current CEO of ITsavvy. They have also founded this company.
ITsavvy is a funded company, having raised a total of $81.4M across 1 funding round to date.
As of Sep 30, 2023, the latest employee count at ITsavvy is 330.
ITsavvy was founded in 2004 and is headquartered in Addison, United States. Operations center on the IT sector, where a range of services including hardware, software, and support solutions are delivered. The company is led by co-founders Michael Theriault as President and CEO, Chris Kurpeikis as VP, and Munu Gandhi as CEO. Focus is placed on serving business needs in technology infrastructure across the U.S.
ITsavvy's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
ITsavvy has made 3 acquisitions, including INOC, InfrastructureWORKS, and enfoPoint.