About Replicon
Replicon is a company based in Calgary (Canada) founded in 1996 by Lakshmi Raj was acquired by Deltek in May 2023.. Replicon has raised $20 million across 1 funding round from investors including Deltek, Social Capital and Emergence Capital. The company has 618 employees as of April 02, 2024. Replicon offers products and services including TimeBill, ProjectTime, Expense, TimeOff, and TimeAttend. Replicon operates in a competitive market with competitors including When I Work, BigTime, Clockwise, Harvest and TSheets, among others.
- Headquarter Calgary, Canada
- Employees 618 as on 02 Apr, 2024
- Founders Lakshmi Raj
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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
*********
- Legal Name Deltek Replicon Software (India) Private Limited
- Date of Incorporation 07 Jul, 2006
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$17.84 M (USD)31.1as on Mar 31, 2023
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Net Profit
$2.05 M (USD)40.55as on Mar 31, 2023
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EBITDA
$2.68 M (USD)25.89as on Mar 31, 2023
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series A
Jun 29, 2013
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Investors
Deltek
& 2 more
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Employee Count
618
as on Apr 02, 2024
- Acquired by
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Products & Services of Replicon
Replicon offers a comprehensive portfolio of products and services, including TimeBill, ProjectTime, Expense, TimeOff, and TimeAttend. 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.
Tracks project hours for accurate client billing and invoicing.
Manages project hours and costs for effective resource allocation.
Monitors project expenses to ensure financial accuracy and compliance.
Handles employee paid time off and absence tracking efficiently.
Tracks time and attendance for payroll and labor compliance purposes.
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Funding Insights of Replicon
Replicon has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series A round of $20 million completed in June 2013. 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 Series A — $20.0M
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First Round
First Round
(29 Jun 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2013 | Amount | Series A - Replicon | 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 Replicon
Replicon has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Deltek, Social Capital and Emergence Capital. 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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Tech focused Early and growth stage VC firm investing in the US
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Founded Year | Domain | Location | |
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US focused VC firm investing in seed & growth stage companies
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Founded Year | Domain | Location | |
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Cloud-based ERP software is provided for project-driven organizations.
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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 Replicon
| 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 |
Financial Statements - Replicon
| 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 |
Replicon Comparisons
Competitors of Replicon
Replicon 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 When I Work, BigTime, Clockwise, Harvest and TSheets, 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 |
Employee scheduling and time tracking software
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| domain | founded_year | HQ Location |
Cloud-based time tracking software is offered by BigTime.
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| domain | founded_year | HQ Location |
An AI-powered calendar assistant is provided to automate meeting scheduling.
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| domain | founded_year | HQ Location |
Time tracking and invoicing software is provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based time-tracking software is offered for business use.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Replicon
Frequently Asked Questions about Replicon
When was Replicon founded?
Replicon was founded in 1996 and raised its 1st funding round 17 years after it was founded.
Where is Replicon located?
Replicon is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Replicon?
Lakshmi Raj is the current CEO of Replicon. They have also founded this company.
Is Replicon a funded company?
Replicon is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series A of $20M, raised on Jun 29, 2013.
How many employees does Replicon have?
As of Apr 02, 2024, the latest employee count at Replicon is 618.
What is the annual revenue of Replicon?
Annual revenue of Replicon is $17.84M as on Mar 31, 2023.
What does Replicon do?
Replicon was founded in 1996 and is headquartered in Calgary, Canada. SaaS solutions for time and expense management are delivered by the company, enabling project time tracking, expense logging, client billing, employee scheduling, and attendance monitoring. Operations focus on the software sector, serving clients such as Ernst Young, Cornell University, Health Canada, Shell, Verizon, Ferrari, and Amazon across various industries.
Who are the top competitors of Replicon?
What products or services does Replicon offer?
Replicon offers TimeBill, ProjectTime, Expense, TimeOff, and TimeAttend.
Who are Replicon's investors?
Replicon has 3 investors. Key investors include Deltek, Social Capital, and Emergence Capital.
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