About phData
phData is a company based in Minneapolis (United States) founded in 2014 by Brock Noland, Adam Fokken, and Mac Noland was acquired by Gryphon Investors in December 2024.. phData has raised $2.5 million across 1 funding round from investors including Arthur Ventures and Gryphon Investors. The company has 154 employees as of April 08, 2024. phData has completed 2 acquisitions, including Nooka Labs and Tessellation. phData offers products and services including Data Migrations, Data Engineering, AI and Machine Learning, and Analytics and Visualization. phData operates in a competitive market with competitors including EXL, eClerx, Tredence, Tech Mahindra and Artefact, among others.
- Headquarter Minneapolis, United States
- Employees 154 as on 08 Apr, 2024
- Founders Brock Noland, Adam Fokken, Mac Noland
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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 Phdata Solutions Private Limited
- Date of Incorporation 29 Dec, 2016
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$4.66 M (USD)50.41as on Mar 31, 2023
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Net Profit
$342.19 K (USD)115.89as on Mar 31, 2023
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EBITDA
$554.1 K (USD)104.82as on Mar 31, 2023
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Total Equity Funding
$2.5 M (USD)
in 1 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Feb 23, 2018
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Investors
Arthur Ventures
& 1 more
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Employee Count
154
as on Apr 08, 2024
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Investments & Acquisitions
Nooka Labs
& 1 more
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Acquired by
Gryphon Investors
(Dec 16, 2024)
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Products & Services of phData
phData offers a comprehensive portfolio of products and services, including Data Migrations, Data Engineering, AI and Machine Learning, and Analytics and Visualization. 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.
Services for on-premise to cloud data migrations and integrations.
Expert services to design and build modern data products and applications.
Solutions from inception to production for artificial intelligence needs.
Tools to drive actionable insights and foster growth for clients.
Unlock access to complete
Funding Insights of phData
phData has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in February 2018. 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 Funding
- Total Rounds 1
- Last Round Seed — $2.5M
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First Round
First Round
(23 Feb 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Seed - phData | Valuation |
investors |
| 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 |
Investors in phData
phData has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Arthur Ventures and Gryphon Investors. 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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US focused seed & early stage VC firm
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Founded Year | Domain | Location | |
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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 phData
phData has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Nooka Labs and Tessellation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Application development services are provided by Nooka Labs.
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2020 | ||||
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Data analytics services are provided to support business insights.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - phData
| 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 |
Phdata Comparisons
Competitors of phData
phData 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, Tech Mahindra and Artefact, 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 |
Analytics and digital solutions for healthcare and banking are provided.
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| domain | founded_year | HQ Location |
Provider of business processes, change management, analytics, and data-driven insights services
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| domain | founded_year | HQ Location |
AI consulting, supply chain, and customer analytics services are provided.
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| domain | founded_year | HQ Location |
Provider of data analytics, cloud management, and business process outsourcing services
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| domain | founded_year | HQ Location |
Digital marketing services provider
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| domain | founded_year | HQ Location |
Provider of AI and machine learning services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Phdata
Frequently Asked Questions about phData
When was phData founded?
phData was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is phData located?
phData is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Who is the current CEO of phData?
Ryan Bosshart is the current CEO of phData.
Is phData a funded company?
phData is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Feb 23, 2018.
How many employees does phData have?
As of Apr 08, 2024, the latest employee count at phData is 154.
What is the annual revenue of phData?
Annual revenue of phData is $4.66M as on Mar 31, 2023.
What does phData do?
Provider of end-to-end services for Data Engineering and Machine Learning. They provide Consulting, Migrations, Data Pipelines, DataOps, Reporting, Analytics, and Visualization Services, MLOps Enablement, Prototyping, Model Development, and Deployment and strategy services.
Who are the top competitors of phData?
phData's top competitors include EXL, Tredence and Tech Mahindra.
What products or services does phData offer?
phData offers Data Migrations, Data Engineering, AI and Machine Learning, and Analytics and Visualization.
How many acquisitions has phData made?
phData has made 2 acquisitions, including Nooka Labs, and Tessellation.
Who are phData's investors?
phData has 2 investors. Key investors include Arthur Ventures, and Gryphon Investors.