MathCo

Bengaluru, India Founded: 2016 • Age: 10 yrs
AI and analytics services are delivered globally to enterprises.
Annual revenue $52.5M Latest available
Total funding $56.4M 3 rounds
Employees 1138 Tracked headcount
Investors 7 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About MathCo

MathCo is a company based in Bengaluru (India) founded in 2016 by Sayandeb Banerjee, Anuj Krishna, and Aditya Kumbakonam. MathCo has raised $56.41 million across 3 funding rounds from investors including Patni Financial Advisors, Brighton Park Capital and Arihant Patni. The company has 1,138 employees as of September 21, 2024. MathCo offers products and services including NucliOS, Data Science Consulting, Engineering Services, and Generative AI Services. MathCo operates in a competitive market with competitors including EXL, eClerx, Tredence, Dun & Bradstreet and Sia Partners, among others.

  • Headquarter Bengaluru, India
  • Employees 1138 as on 21 Sep, 2024
  • Founders Sayandeb Banerjee, Anuj Krishna, Aditya Kumbakonam
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Themathcompany Private Limited
  • Date of Incorporation 26 Aug, 2016
  • Jurisdiction Bangalore North, Karnataka, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $52.46 M (USD)
    89.91
    as on Mar 31, 2023
  • Net Profit
    $504.33 K (USD)
    -86.31
    as on Mar 31, 2023
  • EBITDA
    $1.06 M (USD)
    -79.5
    as on Mar 31, 2023
  • Total Equity Funding
    $56.41 M (USD)

    in 3 rounds

  • Latest Funding Round
    $50 M (USD), Series A

    Jan 10, 2022

  • Investors
  • Employee Count
    1138

    as on Sep 21, 2024

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Products & Services of MathCo

MathCo offers a comprehensive portfolio of products and services, including NucliOS, Data Science Consulting, Engineering Services, and Generative AI Services.

Product name locked
Category locked
Primary

Foundation for connected intelligence and data-driven decisions.

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Offers insights through AI and data analysis for businesses.

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Provides technical solutions for data engineering challenges.

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Delivers AI applications for problem-solving and innovation.

People of MathCo

Headcount 200-500
Employee Profiles 119
Employee Profiles
People
Coreen D'Souza
Client Partner
People
Raktim Chatterjee
Design Manager
People
Radhika Nair
Talent Acquisition Associate
People
Venkatraman G S
Chief Financial Officer

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Funding Insights of MathCo

MathCo has successfully raised a total of $56.41M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $50 million completed in January 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 MathCo

MathCo has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Patni Financial Advisors, Brighton Park Capital and Arihant Patni.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Brighton Park Capital is focused on growth equity investments.
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Venture capital firm focused on early-stage investments
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Diversified investment management firm
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Investor details for MathCo

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by MathCo

Investments
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Investment portfolio details for MathCo

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - MathCo

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Detailed financials for MathCo

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  • Profit trends
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Mathco Comparisons

MathCo Primary company
Description
AI and analytics services are delivered globally to enterpri...
Location
Bengaluru, India
Founded Year
2016
Annual Revenue
$52.46 M (USD)
Net Profit
$504.33 K (USD)
EBITDA
$1.06 M (USD)
Employees
1,138
As of 2024
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Peer comparison for MathCo

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of MathCo

MathCo 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 EXL, eClerx, Tredence, Dun & Bradstreet and Sia Partners, among others.

Company Name Domain Founded year HQ Location Description
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Analytics and digital solutions for healthcare and banking are provided.
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Provider of business processes, change management, analytics, and data-driven insights services
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AI consulting, supply chain, and customer analytics services are provided.
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Financial analysis and risk assessment solutions are provided to businesses.
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Management consulting services are provided for business transformations.
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Digital marketing services provider
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Detailed competitors of MathCo

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Mathco

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Complete news archive for MathCo

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about MathCo

MathCo was founded in 2016 and raised its 1st funding round 3 years after it was founded.

MathCo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Sayandeb Banerjee is the current CEO of MathCo. They have also founded this company.

MathCo is a funded company, having raised a total of $56.41M across 3 funding rounds to date.

As of Sep 21, 2024, the latest employee count at MathCo is 1,138.

Annual revenue of MathCo is $52.46M as on Mar 31, 2023.

MathCo was established in 2016 and is headquartered in Bengaluru, India. Operations span the global enterprise AI and analytics sector, with services encompassing cloud engineering, data and enterprise BI migration, MLOps, data as a service, data operations and governance, predictive and statistical modeling, strategy and roadmap design, optimization systems, and enterprise data management. Focus is placed on supporting data-driven decision-making for clients worldwide.

MathCo's top competitors include EXL, Tredence and eClerx.

MathCo offers NucliOS, Data Science Consulting, Engineering Services, and Generative AI Services.

MathCo has 7 investors. Key investors include Patni Financial Advisors, Brighton Park Capital, Arihant Patni, Sonakshi Patni, and Adeesh Patni.

The valuation of MathCo is $317.08M as of Jan 2022.

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