phData

Minneapolis, United States Founded: 2014 • Age: 12 yrs Acquired By Gryphon Investors
Provider of end to end services for Data Engineering and Machine Learning
Annual revenue $4.7M Latest available
Total funding $2.5M 1 rounds
Employees 154 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Phdata Solutions Private Limited
  • Date of Incorporation 29 Dec, 2016
  • Jurisdiction Bengaluru, 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
    $4.66 M (USD)
    50.41
    as on Mar 31, 2023
  • Net Profit
    $342.19 K (USD)
    115.89
    as on Mar 31, 2023
  • EBITDA
    $554.1 K (USD)
    104.82
    as on Mar 31, 2023
  • Total Equity Funding
    $2.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.5 M (USD), Seed

    Feb 23, 2018

  • Investors
  • Employee Count
    154

    as on Apr 08, 2024

  • Investments & Acquisitions
    Nooka Labs

    & 1 more

  • 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.

Product name locked
Category locked
Primary

Services for on-premise to cloud data migrations and integrations.

Product name locked
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Expert services to design and build modern data products and applications.

Product name locked
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Solutions from inception to production for artificial intelligence needs.

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Tools to drive actionable insights and foster growth for clients.

People of phData

Headcount 50-200
Employee Profiles 84
Employee Profiles
People
Madison Nelson
Head Of Partner & Field Marketing
People
Elizabeth Dinevski
Senior Director, Ai/ml Global Practice Lead
People
Murray Webb
Senior Machine Learning Solutions Architect
People
Matt Cox
Director, Managed Service

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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.

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.

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Venture Fund
Investor Description Founded Year Domain Location
US focused seed & early stage VC firm
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-
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Investor details for phData

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

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by phData

phData has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Nooka Labs and Tessellation.

Investments
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Investment portfolio details for phData

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Application development services are provided by Nooka Labs.
Locked Locked 2020 Locked
Data analytics services are provided to support business insights.
Locked Locked 2018 Locked
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Complete acquisition details for phData

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Financial Statements - phData

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Detailed financials for phData

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Phdata Comparisons

phData Primary company
Description
Provider of end to end services for Data Engineering and Mac...
Location
Minneapolis, United States
Founded Year
2014
Annual Revenue
$4.66 M (USD)
Net Profit
$342.19 K (USD)
EBITDA
$554.1 K (USD)
Employees
154
As of 2024
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Peer comparison for phData

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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.

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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Provider of data analytics, cloud management, and business process outsourcing services
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Digital marketing services provider
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Provider of AI and machine learning services
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Detailed competitors of phData

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Latest news on Phdata

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Complete news archive for phData

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  • Full article archive
  • Source and publication date
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Frequently Asked Questions about phData

phData was founded in 2014 and raised its 1st funding round 4 years after it was founded.

phData is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Ryan Bosshart is the current CEO of phData.

phData is a funded company, having raised a total of $2.5M across 1 funding round to date.

As of Apr 08, 2024, the latest employee count at phData is 154.

Annual revenue of phData is $4.66M as on Mar 31, 2023.

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.

phData's top competitors include EXL, Tredence and Tech Mahindra.

phData offers Data Migrations, Data Engineering, AI and Machine Learning, and Analytics and Visualization.

phData has made 2 acquisitions, including Nooka Labs, and Tessellation.

phData has 2 investors. Key investors include Arthur Ventures, and Gryphon Investors.

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