Rizing

Stamford, United States Founded: 2005 • Age: 21 yrs Acquired By Wipro
SAP functional and technical consulting services are provided globally.
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About Rizing

Rizing is a company based in Stamford (United States) founded in 2005 was acquired by Wipro in April 2022.. Rizing has completed 5 acquisitions, including 3D Results, Aasonn and Attune Consulting. Rizing offers products and services including SAP S/4HANA, SAP SuccessFactors, and Business Technology Platform. Rizing operates in a competitive market with competitors including UST, NTT DATA, Endava, Persistent and Thoughtworks, among others.

  • Headquarter Stamford, United States
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Vesta Partners B.V.
Operational Areas
Business Services → Digital Transformation & IT Services
Business Services → Professional & Consulting Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $29.5 M (USD), Debt – Conventional

    Dec 22, 2014

  • Investors
    Wipro

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    3D Results

    & 4 more

  • Acquired by
    Wipro

    & 1 more

    (Apr 26, 2022)

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Products & Services of Rizing

Rizing offers a comprehensive portfolio of products and services, including SAP S/4HANA, SAP SuccessFactors, and Business Technology Platform. 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.

Primary

Enterprise resource planning software for business operations and growth.

Human capital management tool for employee engagement and analytics.

Platform for implementing and integrating SAP solutions.

People of Rizing
Headcount 500-1000
Employee Profiles 48
Employee Profiles
People
Len Harms
Chief Experience Officer
People
Crawford Owens
SVP, EAM Global Client Executive
People
Raj Bandaru
Principal Consultant
People
Salma Baig
S4hana-asset Management / Sap-pm/eam

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Funding Insights of Rizing

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $29.5M
  • First Round

    (22 Dec 2014)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2014 Amount Debt – Conventional - Rizing Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Rizing

Rizing has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Wipro, One Equity Partners and Abacus Finance. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Abacus Finance is engaged in providing tailored credit solutions to lower-middle market companies.
Founded Year Domain Location
Private equity investments are made in North America and Europe.
Founded Year Domain Location
Provides personal checking, savings, loans, investments, and online banking services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Rizing

Rizing has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include 3D Results, Aasonn and Attune Consulting. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Human resource management and payroll solutions and services
2015
Horizontal application development services are provided across industries.
2010
Provider of SAP solution for fashion industry
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Rizing

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Rizing Comparisons

Employees
+
Add Comparison
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Competitors of Rizing

Rizing 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 UST, NTT DATA, Endava, Persistent and Thoughtworks, 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
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
Endava is engaged in digital transformation and AI-driven solutions.
domain founded_year HQ Location
IT consulting, data analytics, and digital transformation services are provided.
domain founded_year HQ Location
Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors
domain founded_year HQ Location
IT suite solutions and consulting services are provided worldwide.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Rizing

Frequently Asked Questions about Rizing

When was Rizing founded?

Rizing was founded in 2005 and raised its 1st funding round 9 years after it was founded.

Where is Rizing located?

Rizing is headquartered in Stamford, United States. It is registered at Stamford, Connecticut, United States.

What does Rizing do?

Rizing was founded in 2005 and is headquartered in Stamford, United States. Consulting services focused on SAP functional and technical aspects are delivered by the company. Operations span various industries, with emphasis on implementation, optimization, and support for enterprise resource planning systems. Expertise is offered to clients seeking SAP solutions, primarily within the North American market and extending internationally through partnerships.

Who are the top competitors of Rizing?

Rizing's top competitors include Persistent, NTT DATA and Endava.

What products or services does Rizing offer?

Rizing offers SAP S/4HANA, SAP SuccessFactors, and Business Technology Platform.

How many acquisitions has Rizing made?

Rizing has made 5 acquisitions, including 3D Results, Aasonn, and Attune Consulting.

Who are Rizing's investors?

Rizing has 4 investors. Key investors include Wipro, One Equity Partners, Abacus Finance, and Webster Financial Corporation.

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