Pythian

Toronto, Canada Founded: 1997 • Age: 29 yrs Acquired By Mill Point Capital
Provider of data analytics, AI, and cloud services for business transformation

About Pythian

Pythian is a company based in Toronto (Canada) founded in 1997 was acquired by Mill Point Capital in September 2019. Pythian has raised $6 million across 1 funding round from investors including Royal Bank of Canada, BDC and Mill Point Capital. The company has 138 employees. Pythian has completed 3 acquisitions, including Agosto, ManageServe and Rittman Mead. Pythian offers products and services including Database Consulting and Data Analytics and AI.

Key Metrics
  • Annual Revenue
    ₹46.68 Cr

    FY 2024 · +19% YoY

  • Net Profit
    ₹3.15 Cr

    FY 2024 · 7% margin

  • EBITDA
    ₹5.05 Cr

    FY 2024 · 11% margin

  • Total Equity Funding
    $6M (USD)

    in 1 rounds

  • Latest Funding Round
    $6M (USD), Series A

    Mar 2014

  • Investors
  • Employee Count
    138
  • Investments & Acquisitions
    Agosto

    & 2 more

  • Acquired by

Products & Services of Pythian

Pythian offers a comprehensive portfolio of products and services, including Database Consulting and Data Analytics and AI.

Database Consulting
IT Services

Database consulting is provided to address performance issues and ensure efficient operations for critical business functions

Data Analytics and AI
Analytics Services

Data analytics and AI solutions are offered to unlock data potential and drive actionable insights through advanced techniques

Funding Insights of Pythian

Pythian has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in March 2014. 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 $6M
  • Total Rounds 1
  • Last Round Series A β€” $6M
  • First Round $6M

    (Mar 2014)

  • Investors Count 2

All 1 funding rounds of Pythian with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2014$6MSeries A––
Valuation history

3 investors in total: 3 institutional.

Investors in Pythian

Pythian has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Royal Bank of Canada, BDC and Mill Point Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Mill Point Capital is focused on private equity investments.
–millpoint.comNew York, United States
Commercial banking services for small and medium-sized enterprises are provided.
1944bdc.caMontreal, Canada
Comprehensive banking and financial services are provided globally.
1864rbc.comToronto, Canada
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Investor details for Pythian

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  • Round participation
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Board of directors of Pythian India Private Limited (Pythian)

Pythian India Private Limited is the primary company behind Pythian. The board of Pythian India Private Limited currently have 3 directors; the longest-serving is Ranganath Venkata Mamidipudi, appointed in 2004. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ranganath Venkata Mamidipudi
DIN 00200486
Director20 Jan 200422 yrs 8 moPythian India Private Limited
Richard Daniel Summers
DIN 08556313
Director10 Sep 20197 yrsPythian India Private Limited
Mallavarapu Venkata Anil Kumar
DIN 00200106
Alternate Director01 Oct 20197 yrsPythian India Private Limited

People of Pythian

1 people are tracked at Pythian (1 in leadership); the tracked headcount is 138.

NameRoleGroup
Keith Angell
Board DirectorLeadership
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Complete people profiles for Pythian

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Financials of Pythian

Figures of Pythian India Private Limited, the primary company behind Pythian, for FY 2024. Revenue was ₹46.68 Cr (+19% year on year). Net profit was ₹3.15 Cr (7% margin). EBITDA was ₹5.05 Cr (11% margin). Revenue has grown at a compounded annual rate of +75% over three years and +39% over five years.

  • ₹46.68 CrRevenue · FY 2024 · +19% YoY
  • ₹3.15 CrNet profit · 7% margin
  • ₹5.05 CrEBITDA · 11% margin
  • ₹1 LakhPaid-up capital
  • 138Employees (provident fund records)
  • +75%Revenue CAGR, 3 years
  • +39%Revenue CAGR, 5 years

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

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Detailed financial statements for Pythian

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

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  • Downloads

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Investments & Acquisitions by Pythian

Pythian has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Agosto, ManageServe and Rittman Mead.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of data management, analytics, and consulting services
rittmanmead.comHove, United Kingdom2007Apr 2025β€’β€’β€’β€’
Managed IT infrastructure and support services are offered.
manageserve.comLake Zurich, United States2005Apr 2021β€’β€’β€’β€’
Custom cloud products and Google services are developed and provided.
agosto.comMinneapolis, United States2001Apr 2020β€’β€’β€’β€’
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Complete acquisition details for Pythian

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

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Pythian

6 dated milestones of Pythian across 28 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pythian is founded.
  2. Funding First funding round of $6.0M.
  3. Exit Acquired by Mill Point Capital.
  4. Acquisition Acquires Agosto.
  5. Acquisition Acquires ManageServe.
  6. Acquisition Acquires Rittman Mead.

Web traffic of Pythian

The website of Pythian (pythian.com) receives about 63.3K visits a month and ranks #581,265 among all websites worldwide, #2,003 in Web Hosting and Domain Names.

  • Monthly visits
    63.3K

    ▲ 3.4% vs previous month

  • Unique visitors
    25.9K

    per month

  • Global rank
    #581,265

    among all websites

  • Category rank
    #2,003

    Computers Electronics and Technology · Web Hosting and Domain Names

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Frequently Asked Questions about Pythian

Pythian was founded in 1997 and raised its 1st funding round 17 years after it was founded.

Pythian is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Pythian is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Mar 2014.

Pythian has 138 employees.

The primary company behind Pythian, Pythian India Private Limited, reported revenue of β‚Ή46.68 Cr for FY 2024, up 19% year on year.

Provider of data analytics, AI, and cloud services for business transformation. It offers database management, cloud migration, and AI solutions to help organizations improve decision-making, optimize operations, and unlock new revenue streams. Services include consulting, managed services, and support across various industries. The company assists clients in modernizing their data infrastructure, leveraging data for better business outcomes, and securing their data environments. It also provides expertise in enterprise applications, digital workplace solutions, and advanced data visualization. A focus is on helping clients achieve cost-effectiveness and improved data security.

Pythian offers Database Consulting and Data Analytics and AI.

Pythian has made 3 acquisitions, including Agosto, ManageServe, and Rittman Mead.

Pythian has 3 investors. Key investors include Royal Bank of Canada, BDC, and Mill Point Capital.

Pythian operates through Pythian India Private Limited.

Yes. Pythian was acquired by Mill Point Capital in September 2019.

The legal entities of Pythian currently have 3 directors, including Mallavarapu Venkata Anil Kumar, Richard Daniel Summers, Ranganath Venkata Mamidipudi.

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