Sophicity

Alpharetta, United States Founded: 2000 • Age: 26 yrs Acquired By VC3
Provider of managed IT and cybersecurity services for municipalities and businesses. It offers managed IT services, including cloud solutions, VoIP, and data backup and disaster recovery. Cybersecurity services encompass managed security, security assessments, and CMMC compliance assistance. Additionally, it provides SharePoint acceleration, Power BI implementation, web design and hosting, and application development. The company supports various industries, including healthcare and manufacturing. Services are designed to be proactive, aiming to prevent issues rather than simply reacting to them.

About Sophicity

Sophicity is a company based in Alpharetta (United States) founded in 2000 was acquired by VC3 in July 2020.. Sophicity offers products and services including Managed IT Services, Managed Security Services, Data Backup and Recovery, and Application Development. Sophicity operates in a competitive market with competitors including UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, among others.

  • Headquarter Alpharetta, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    VC3

    (Jul 02, 2020)

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Products & Services of Sophicity

Sophicity offers a comprehensive portfolio of products and services, including Managed IT Services, Managed Security Services, Data Backup and Recovery, and Application Development. 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

Provides 24/7 monitoring and maintenance for hardware and software.

Offers protection against threats and compliance solutions.

Ensures data protection and quick recovery from disasters.

Creates custom applications for business needs.

Funding Insights of Sophicity

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 Sophicity

Sophicity has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include VC3. 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
Managed IT, private cloud, and web application services are provided.
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 Sophicity

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 - Sophicity

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

Sophicity Comparisons

Employees
+
Add Comparison
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Competitors of Sophicity

Sophicity 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, Breed Reply, NTT DATA, Globant and 1&1 IONOS, 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
AI, cloud, and blockchain services are provided globally.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
IT and digital transformation services are delivered to various industries.
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
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 Sophicity

Frequently Asked Questions about Sophicity

When was Sophicity founded?

Sophicity was founded in 2000.

Where is Sophicity located?

Sophicity is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.

What does Sophicity do?

Founded in 2000, Sophicity operates from Alpharetta, United States, focusing on IT and cybersecurity for sectors including municipalities, healthcare, and manufacturing. Managed IT services encompass cloud solutions, VoIP, data backup, and disaster recovery. Cybersecurity offerings include managed security, assessments, and CMMC compliance support. Additional capabilities cover SharePoint acceleration, Power BI implementation, web design, hosting, and application development, with a proactive approach to issue prevention.

Who are the top competitors of Sophicity?

Sophicity's top competitors include 1&1 IONOS, Mindtree and Genpact.

What products or services does Sophicity offer?

Sophicity offers Managed IT Services, Managed Security Services, Data Backup and Recovery, and Application Development.

Who are Sophicity's investors?

Sophicity has 1 investor. Key investors include VC3.

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