Softweb Solutions

Plano, United States Founded: 2004 • Age: 22 yrs Acquired By Avnet
Customized data and AI solutions are delivered for digital transformation.

About Softweb Solutions

Softweb Solutions is a company based in Plano (United States) founded in 2004 was acquired by Avnet in December 2018.. The company has 265 employees as of April 06, 2024. Softweb Solutions operates in a competitive market with competitors including Deepfine, Simularge, Simsys Global, IO River and PipelineSentry, among others.

  • Headquarter Plano, United States
  • Employees 265 as on 06 Apr, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Priya Softweb Solutions Private Limited
  • Date of Incorporation 30 Aug, 2004
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
    $7.78 M (USD)
    27.55
    as on Mar 31, 2023
  • Net Profit
    $953.48 K (USD)
    29.35
    as on Mar 31, 2023
  • EBITDA
    $1.15 M (USD)
    26.25
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    265

    as on Apr 06, 2024

  • Acquired by
    Avnet

    (Dec 12, 2018)

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People of Softweb Solutions
Headcount 10000+
Employee Profiles 205
Board Members and Advisors 9
Employee Profiles
People
Tracy S.
Systems Administrator IV
People
Michelle Snow
Instructional Designer
People
Carol Otto
Sr. Product Manager
People
Angela Boyle
Ui/ux Specialist

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Board Members and Advisors
people
Adalio T. Sanchez
Director
people
Jo Ann Jenkins
Director
people
Oleg Khaykin
Director
people
Avid Modjtabai
Director

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Funding Insights of Softweb Solutions

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

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Investors in Softweb Solutions

Softweb Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Avnet. 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
Institutional
Investor Description Founded Year Domain Location
Electronic components and embedded technologies are distributed globally.
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 Softweb Solutions

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

Financial Statements - Softweb Solutions

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

Softweb Solutions Comparisons

Employees
+
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Competitors of Softweb Solutions

Softweb Solutions 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 Deepfine, Simularge, Simsys Global, IO River and PipelineSentry, 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
3D sensor fusion systems
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Technology company specializing in digital twin solutions, utilizing cutting-edge technologies such as AI, blockchain, and big data to provide space information systems and related services
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Virtual edge solutions for security and traffic control are provided.
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Digital twin platforms for subsea pipelines are provided.
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 Softweb Solutions

Frequently Asked Questions about Softweb Solutions

When was Softweb Solutions founded?

Softweb Solutions was founded in 2004.

Where is Softweb Solutions located?

Softweb Solutions is headquartered in Plano, United States. It is registered at Plano, Texas, United States.

How many employees does Softweb Solutions have?

As of Apr 06, 2024, the latest employee count at Softweb Solutions is 265.

What is the annual revenue of Softweb Solutions?

Annual revenue of Softweb Solutions is $7.78M as on Mar 31, 2023.

What does Softweb Solutions do?

A data AI solution company. It is an IT consulting company, specializing in global AI and Data solutions that guide businesses through a seamless digital transformation. With expertise in AI development and advanced data analytics, the company provides customized solutions, helping organizations in digital landscape. Other services include custom application development, e-commerce development, UX design, AR and VR development, robotic process automation, IoT, cloud computing, DevOps, enterprise mobility, and marketing automation. The company also offers an IoT Platform-as-a-Service solution, a data analytics platform, and an AI-based chatbot platform. It caters to industries including healthcare, banking, financial, telecom, manufacturing, oil and gas, and retail.

Who are the top competitors of Softweb Solutions?

Softweb Solutions's top competitors include Deepfine, IO River and Simularge.

Who are Softweb Solutions's investors?

Softweb Solutions has 1 investor. Key investors include Avnet.

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