About NextSphere
NextSphere is a Technology company based in Clearwater (United States) founded in 2006 by Jeffery Slowgrove and Raju Dantuluri, and was acquired by Grid Dynamics in April 2023. IT service suite solutions are provided from Clearwater, United States. The company has 270 employees. Its chief executive, as recorded, is Raju Dantuluri. Its Indian entity Next Sphere Technologies (India) Private Limited reported revenue of ₹5.30 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include 1&1 IONOS, Epam and Genpact; 1 of its 3 listed competitors has raised funding.
Company details
NextSphere was founded in 2006 in Clearwater, United States, by co-founders Jeffery Slowgrove and Raju Dantuluri, with the latter serving as CEO. IT service suite solutions are delivered through operations focused on technology support and integration. Services encompass a range of IT functionalities tailored for business needs, accessible via the domain nextsphere.com. The company maintains its headquarters in the specified location, supporting clients primarily in the United States.
- Headquarters Clearwater, United States
- Employees 270
- Founders Jeffery Slowgrove, Raju Dantuluri
- Stage Acquired
- SectorsTechnology
- Website nextsphere.com
- Social LinkedIn X
- Acquired by Grid Dynamics (Apr 2023)
- Legal Name Next Sphere Technologies (India) Private Limited
- Date of Incorporation 29 Dec, 2006
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹5.30 Cr
FY 2025 · -88% YoY
- Indian entity net profit₹2.67 Cr
FY 2025 · 50% margin
- Indian entity EBITDA₹3.19 Cr
FY 2025 · 60% margin
- Investors
- Employee Count270
- Acquired byGrid Dynamics
(Apr 2023)
Associated legal entities of NextSphere
NextSphere operates through Next Sphere Technologies (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Next Sphere Technologies (India) Private Limited CIN U72200TG2006FTC052165 | Active | 29 Dec 2006 | Hyderabad, Telangana | ₹5.3 Cr | 270 | 3 | View details |
Investors in NextSphere
NextSphere has secured backing from 1 investor. Prominent investors backing the company include Grid Dynamics.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based software for continuous application deployment and delivery is provided. | 2006 | griddynamics.com | Fremont, United States |
Investor details for NextSphere
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Board of directors of Next Sphere Technologies (India) Private Limited (NextSphere)
Next Sphere Technologies (India) Private Limited is the primary company behind NextSphere. The board of Next Sphere Technologies (India) Private Limited currently have 3 directors; the longest-serving is Anil Kumar Doradla, appointed in 2023. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anil Kumar Doradla DIN 09636666 | Director | 11 Aug 2023 | 3 yrs 2 mo | Next Sphere Technologies (India) Private Limited |
| Rahul Shah DIN 01741001 | Director | 24 Apr 2024 | 2 yrs 6 mo | Next Sphere Technologies (India) Private Limited |
| Venkateshwar Sharma Kappagantula DIN 09834939 | Additional Director | 25 Oct 2025 | 1 yr | Next Sphere Technologies (India) Private Limited |
People of NextSphere
4 people are tracked at NextSphere (3 in leadership, 1 in team); the tracked headcount is 270.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Raju Dantuluri | Co-Founder & CEO | Leadership |
Jeff Slowgrove | Vice President Of Finance | Leadership |
Thomas Fredrickson | Commissions Consultant | Team |
Complete people profiles for NextSphere
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Financials of NextSphere
Figures of Next Sphere Technologies (India) Private Limited, the primary company behind NextSphere, for FY 2025. Revenue was ₹5.30 Cr (-88% year on year). Net profit was ₹2.67 Cr (50% margin). EBITDA was ₹3.19 Cr (60% margin). Revenue has grown at a compounded annual rate of -41% over three years and -26% over five years.
- ₹5.30 CrRevenue · FY 2025 · -88% YoY
- ₹2.67 CrNet profit · 50% margin
- ₹3.19 CrEBITDA · 60% margin
- ₹1 LakhPaid-up capital
- 270Employees (provident fund records)
- -41%Revenue CAGR, 3 years
- -26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Next Sphere Technologies (India) Private Limited are on its company page.
Detailed financial statements for NextSphere
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Timeline of NextSphere
2 dated milestones of NextSphere across 17 years, from founding to its latest funding, stage changes and deals.
- Founded NextSphere is founded.
- Exit Acquired by Grid Dynamics.
Competitors of NextSphere
NextSphere has 3 listed competitors in our database, 1 of them funded. They include 1&1 IONOS, Epam and Genpact.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| epam.com | 1993 | Newtown Square, United States | $50M | Provider of software development, data analytics, and other IT suite services | ||
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services |
Detailed competitors of NextSphere
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Web traffic of NextSphere
The website of NextSphere (nextsphere.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 52.8% vs previous month
Websites whose visitors overlap most with NextSphere. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| similarsites.com | 100% | 2.7M | #25,834 | View details | |
greatbudget.com | greatbudget.com | 82% | – | ||
| sprava.net | 81% | View details |
Top companies in IT Services & Operations
3 companies that operate in the same segment as NextSphere (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Nextsphere
Complete news archive for NextSphere
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Frequently Asked Questions about NextSphere
NextSphere was founded in 2006.
NextSphere is headquartered in Clearwater, United States. It is registered at Clearwater, Florida, United States.
Raju Dantuluri is the CEO of NextSphere, as recorded in our data. They have also founded this company.
NextSphere has 270 employees.
The primary company behind NextSphere, Next Sphere Technologies (India) Private Limited, reported revenue of ₹5.30 Cr for FY 2025, down 88% year on year.
NextSphere was founded in 2006 in Clearwater, United States, by co-founders Jeffery Slowgrove and Raju Dantuluri, with the latter serving as CEO. IT service suite solutions are delivered through operations focused on technology support and integration. Services encompass a range of IT functionalities tailored for business needs, accessible via the domain nextsphere.com. The company maintains its headquarters in the specified location, supporting clients primarily in the United States.
NextSphere has 1 investor. Key investors include Grid Dynamics.
NextSphere operates through Next Sphere Technologies (India) Private Limited.
Yes. NextSphere was acquired by Grid Dynamics in April 2023.
The legal entities of NextSphere currently have 3 directors, including Rahul Shah, Anil Kumar Doradla, Venkateshwar Sharma Kappagantula.