Provana

Lisle, United States Founded: 2001 • Age: 25 yrs
Automated compliance management and speech analytics software is delivered.

About Provana

Provana is a company based in Lisle (United States) founded in 2001 by Karen Powell and Sandeep Bhargava. It operates as a Managed Services and SaaS (Software-as-a-Service). The company has 2,122 employees. Provana has completed 5 acquisitions, including ACI Therapy Billing, MEG Business and Palinode. Provana offers products and services including IPACS, Speech Analytics, and Business Intelligence Solution. Provana operates in a competitive market with competitors including FiscalNote, Wolters Kluwer, Observe.AI, Eqs and CallMiner, among others.

  • Headquarter Lisle, United States
  • Employees 2,122
  • Founders Karen Powell, Sandeep Bhargava
  • Sectors
    Technology
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website provana.com
  • Social LinkedIn YouTube
  • Legal Name Provana
  • Date of Incorporation 01 Apr, 2011
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹306 Cr

    FY 2025 · +46% YoY

  • Net Profit
    ₹33.71 Cr

    FY 2025 · 11% margin

  • EBITDA
    ₹48.23 Cr

    FY 2025 · 16% margin

  • Employee Count
    2,122
  • Investments & Acquisitions

Products & Services of Provana

Provana offers a comprehensive portfolio of products and services, including IPACS, Speech Analytics, and Business Intelligence Solution.

IPACS
Compliance Management

Compliance is ensured through streamlined processes and performance.

Speech Analytics
Business Intelligence

Call interactions are analyzed for compliance and insights.

Business Intelligence Solution
Data Analytics

Data-driven decisions are supported by automated reporting tools.

Apps and channels of Provana

its YouTube channel Provana has 111 subscribers and 19 videos.

Provana
YouTube 111 subscribers 19 videos Autos & Vehicles
Open channel

Videos from Provana

The most watched videos on Provana's YouTube channel, Provana (111 subscribers). Click a video to play it here.

Provana talks with Alliance Collection Service at the 2021 ACA International Convention & Expo
884 views
Provana talks with Faber and Brand at the 2021 ACA International Convention & Expo
539 views
IPACS®- Integrated Policy Audit And Compliance Solution
452 views
How to Start your BI Journey with Provana?
250 views

More on Provana.

Board of directors of Provana India Private Limited (Provana)

Provana India Private Limited is the primary company behind Provana. The board of Provana India Private Limited currently have 5 directors; the longest-serving is Sanjeev Kumar Handa, appointed in 2011. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sanjeev Kumar Handa
DIN 00668074
Director28 Sep 201115 yrsProvana India Private Limited
Sandeep Bhargava
DIN 01799150
Director28 Sep 201115 yrsProvana India Private Limited
Karen Lynn Powell
DIN 01799270
Director28 Sep 201115 yrsProvana India Private Limited
Bobby Vijayan
DIN 08448428
Director13 May 20197 yrs 4 moProvana India Private Limited
Khushboo Rai
DIN 08448429
Director13 May 20197 yrs 4 moProvana India Private Limited

People of Provana

37 people are tracked at Provana (22 in leadership, 15 in team); the tracked headcount is 2,122.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
David Vick
Senior Vice PresidentLeadership
Neville Zar
Executive Vice President HealthcareLeadership
Joe Storey
Vice PresidentLeadership
Lidiexy A.
Director Of Software EngineeringLeadership
Sreenivas Gudavalli
Senior Vice President, Chief Technology OfficerLeadership
Chris Claps
Chief Of StaffLeadership
Sean Clark
Senior Vice President, Strategic GrowthLeadership
Shubham Bhargava
DirectorLeadership
DirectorLeadership
Managing Director India & Global CFOLeadership
Kirankumar Menderkar
Head Of EngineeringLeadership
Managing Director Of OperationsLeadership
Sachin G.
Director Data Engineering And AnalyticsLeadership
Anne Dannhausen
Director Of Business DevelopmentLeadership
Melanie North
Vice President Of Business Process AutomationLeadership
Deepak R
DirectorLeadership
Vaibhav Rana
Director - Admin, Projects And Physical SecurityLeadership
Preeti Bajaj
DirectorLeadership

17 more people are available in the full profile.

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Financials of Provana

Figures of Provana India Private Limited, the primary company behind Provana, for FY 2025. Revenue was ₹306 Cr (+46% year on year). Net profit was ₹33.71 Cr (11% margin). EBITDA was ₹48.23 Cr (16% margin). Revenue has grown at a compounded annual rate of +39% over three years and +36% over five years.

  • ₹306 CrRevenue · FY 2025 · +46% YoY
  • ₹33.71 CrNet profit · 11% margin
  • ₹48.23 CrEBITDA · 16% margin
  • ₹0.05 CrPaid-up capital
  • 2,122Employees (provident fund records)
  • +39%Revenue CAGR, 3 years
  • +36%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Provana India Private Limited are on its company page.

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Detailed financial statements for Provana

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Provana

Provana has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include ACI Therapy Billing, MEG Business and Palinode.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Digital business management tools are provided for service providers.
megbusiness.comGeorgiana, United States2006Aug 2025••••
Credit dispute resolution platform is provided for businesses.
palinode.ioBrentwood, United States2016Feb 2025••••
Provider of outsourced therapy billing services
acitherapybilling.comDover, United States2019Jun 2024••••
Provider of insurance verification services, claim processing assistance, and medical bookkeeping for medical practices
ttpbillingsolutions.comWest Palm Beach, United States2015Jun 2024••••
Provider of call recording, reporting, and analytical application for government
triviumsys.comBeaverton, United States1995Jan 2020••••
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Complete acquisition details for Provana

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

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  • Exports

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Timeline of Provana

6 dated milestones of Provana across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Provana is founded.
  2. Acquisition Acquires TriVium Systems.
  3. Acquisition Acquires To The Point Billing Solutions.
  4. Acquisition Acquires ACI Therapy Billing.
  5. Acquisition Acquires Palinode.
  6. Acquisition Acquires MEG Business.

Competitors of Provana

Provana 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 FiscalNote, Wolters Kluwer, Observe.AI, Eqs and CallMiner, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fiscalnote.com2013–$188.2M56
AI-driven legal, regulatory, and policy data analysis is delivered.
wolterskluwer.com1836United States–16
Enterprise legal processes are managed via an AI-powered platform.
observe.ai2017Redwood, United States$213.35M202
AI-powered conversation intelligence and automation are provided for contact centers.
eqs.com2000Munich, Germany–514
Compliance workflows for businesses are streamlined by Eq s platform.
callminer.com2002Waltham, United States$145.1M293
Cloud and AI-based conversational analytics are delivered by CallMiner.
behavox.com2014London, United Kingdom$146.24M212
AI-driven compliance and risk management solutions are provided for enterprises.
invoca.com2008Santa Barbara, United States$204.78M355
Platform that connects marketing and sales teams to track and optimise the buying journey
du.co2010London, United Kingdom$35.29M–
SAAS reconciliation solutions are delivered for financial services firms.
secureframe.com2020San Francisco, United States$78.5M51
Cloud-based compliance management solution provider
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Detailed competitors of Provana

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Provana

The website of Provana (provana.com) receives about 15K visits a month.

  • Monthly visits
    15K

    ▼ 21.1% vs previous month

Similar websites

Websites whose visitors overlap most with Provana. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
intelligentcontacts.com
100%
–#4,915,890View details
acainternational.org
91%
34K#816,510View details
mtinformation.com
mtinformation.com
88%
–#5,876,305–

Latest news on Provana

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Similar companies to Provana

10 companies that operate in the same segment as Provana (GRC, Risk & Compliance Software), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B2,241
Platform that provides data analysis and management solutions
2003Denver, Colorado, United StatesUSD 2.46 BUSD 2.87 B3,940
Identity and access management solutions are provided for developers.
2013Bellevue, Washington, United StatesUSD 332.75 M––
Cloud security posture management solutions are provided by the platform.
2000Sunnyvale, California, United StatesUSD 54.2 MUSD 6.8 B14,140
Digital workplace safety tools for inspections and audits are provided.
2004Surry Hills, New South Wales, AustraliaUSD 297.93 M––
Compliance and risk management platform is offered to enterprises.
2016San Francisco, California, United StatesUSD 503.05 M––
Cloud-based tax compliance solutions are delivered for businesses worldwide.
2004Seattle, Washington, United StatesUSD 342.97 MUSD 65.53 M1,623
Hybrid cloud infrastructure solutions are delivered for business management.
1977Austin, Texas, United States–USD 1.79 B8,890
Cloud based identity governance and administration software
2005Austin, Texas, United StatesUSD 26.65 MUSD 1.07 B2,740
Online payment solutions are offered to consumers and businesses.
1998San Jose, California, United StatesUSD 216 MUSD 31.79 B24,400
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Frequently Asked Questions about Provana

Provana was founded in 2001.

Provana is headquartered in Lisle, United States. It is registered at Lisle, Illinois, United States.

Sandeep Bhargava is the current CEO of Provana. They have also founded this company.

Provana has 2,122 employees.

The primary company behind Provana, Provana India Private Limited, reported revenue of ₹306 Cr for FY 2025, up 46% year on year.

Tech-driven managed services are delivered by Provana to optimize processes, ensure compliance, and enhance productivity across legal, financial, and healthcare sectors. Solutions are offered for credit servicing, collections, mortgage servicing, revenue cycle management, and litigation support. Comprehensive platforms like IPACS are developed to streamline business processes and ensure regulatory adherence for small and medium-sized businesses.

Provana's top competitors include Observe.AI, Behavox and Wolters Kluwer.

Provana offers IPACS, Speech Analytics, and Business Intelligence Solution.

Provana has made 5 acquisitions, including ACI Therapy Billing, MEG Business, and Palinode.

Provana operates through Provana India Private Limited.

The legal entities of Provana currently have 5 directors, including Sanjeev Kumar Handa, Sandeep Bhargava, Karen Lynn Powell and others.

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