About Pragmatix
Pragmatix is a company based in Palo Alto (United States) founded in 2010 by Ramesh Lakshminarayanan was acquired by CRISIL in November 2017. Pragmatix has raised $2.59 million across 2 funding rounds from investors including CRISIL, SIDBI Venture Capital and Anup Basrurkar. The company has 99 employees as of April 08, 2024. Pragmatix operates in a competitive market with competitors including Fractal Analytics, QlikTech, Domo, TIBCO and Alteryx, among others.
- Headquarter Palo Alto, United States
- Employees 99 as on 08 Apr, 2024
- Founders Ramesh Lakshminarayanan
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pragmatix Services Private Limited
- Date of Incorporation 21 Jul, 2010
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.69 M (USD)20.35as on Mar 31, 2017
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Net Profit
-$59.13 K (USD)62.84as on Mar 31, 2017
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EBITDA
$215.47 K (USD)272.19as on Mar 31, 2017
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Total Equity Funding
$2.59 M (USD)
in 2 rounds
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Latest Funding Round
$2.4 M (USD), Series A
Jul 30, 2015
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Investors
CRISIL
& 3 more
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Employee Count
99
as on Apr 08, 2024
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Acquired by
CRISIL
(Nov 15, 2017)
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Funding Insights of Pragmatix
Pragmatix has successfully raised a total of $2.59M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.4 million completed in July 2015. 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 2
- Last Round Series A — $2.4M
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First Round
First Round
(10 Oct 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Series A - Pragmatix | Valuation | SIDBI Venture Capital |
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| Oct, 2013 | Amount | Angel Round - Pragmatix | Valuation | Anup Basrurkar , Anup Basrurkar |
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Investors in Pragmatix
Pragmatix has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include CRISIL, SIDBI Venture Capital and Anup Basrurkar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital management for SMEs and startups in India.
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Founded Year | Domain | Location | |
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Credit rating database for financial institutions, energy sectors, automobiles, and telecom
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Founded Year | Domain | Location | |
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AB
Anup Basrurkar |
Angel investor and advisor, focused on early-stage Indian startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pragmatix
Financial Statements - Pragmatix
Pragmatix Comparisons
Competitors of Pragmatix
Pragmatix 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 Fractal Analytics, QlikTech, Domo, TIBCO and Alteryx, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Artificial intelligence and analytics solutions are provided for enterprise transformation.
|
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| domain | founded_year | HQ Location |
Business intelligence solutions are delivered via a cloud platform.
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| domain | founded_year | HQ Location |
Cloud-based business intelligence solutions are provided via integrated suite.
|
|
| domain | founded_year | HQ Location |
Data integration and analytics software is provided for enterprise use.
|
|
| domain | founded_year | HQ Location |
Cloud-based data analytics solutions are delivered for insight generation.
|
|
| domain | founded_year | HQ Location |
Data analytics and search technology are supplied for law enforcement.
|
Frequently Asked Questions about Pragmatix
Pragmatix was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Pragmatix is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Pragmatix is a funded company, having raised a total of $2.59M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $194.44K, raised on Oct 10, 2013.
As of Apr 08, 2024, the latest employee count at Pragmatix is 99.
Annual revenue of Pragmatix is $2.69M as on Mar 31, 2017.
Pragmatix was founded in 2010 and is based in Palo Alto, United States. A platform is offered to deliver business intelligence and risk management solutions for banks and financial institutions. Data and analytics needs are addressed across functional areas including risk management, sales and marketing, financial control, and reporting. Operations focus on supporting these sectors with integrated tools.
Pragmatix's top competitors include Fractal Analytics, Domo and Alteryx.
Pragmatix has 4 investors. Key investors include CRISIL, SIDBI Venture Capital, Anup Basrurkar, and Anup Basrurkar.