About Suvoda
Suvoda is a company based in Conshohocken (United States) founded in 2012 by Jagath Wanninayake and Robert Hummel was acquired by Thoma Bravo in October 2025.. Suvoda has raised $40 million across 1 funding round from investors including Thoma Bravo and LLR Partners. The company has 302 employees as of December 31, 2022. Suvoda operates in a competitive market with competitors including HumanFirst, Circuit Clinical, Curavit, MedAvante-ProPhase and Signet Accel, among others.
- Headquarter Conshohocken, United States
- Employees 302 as on 31 Dec, 2022
- Founders Jagath Wanninayake, Robert Hummel
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40 M (USD)
in 1 rounds
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Latest Funding Round
$40 M (USD), Series C
Dec 11, 2019
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Investors
Thoma Bravo
& 1 more
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Employee Count
302
as on Dec 31, 2022
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Acquired by
Thoma Bravo
(Oct 01, 2025)
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Funding Insights of Suvoda
Suvoda has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series C round of $40 million completed in December 2019. 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 C — $40.0M
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First Round
First Round
(11 Dec 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series C - Suvoda | Valuation | LLR Partners |
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| 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 Suvoda
Suvoda has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Thoma Bravo and LLR Partners. 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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Private equity firm investing in technology and healthcare businesses for growth capital.
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Founded Year | Domain | Location | |
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Software and technology-enabled services companies are targeted for investment.
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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 Suvoda
| 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 - Suvoda
| 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 |
Suvoda Comparisons
Competitors of Suvoda
Suvoda 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 HumanFirst, Circuit Clinical, Curavit, MedAvante-ProPhase and Signet Accel, 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 |
HumanFirst is integrated into ICON, focusing on digital health solutions.
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| domain | founded_year | HQ Location |
Research site network platform focuses on patient identification, enrollment, recruitment & retention
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| domain | founded_year | HQ Location |
Contract research organization that offers a complete suite of CRO services for decentralized clinical trials
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| domain | founded_year | HQ Location |
eSource data capture solutions are provided for clinical trials.
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| domain | founded_year | HQ Location |
Data management tools are supplied to the healthcare sector.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Suvoda
Frequently Asked Questions about Suvoda
When was Suvoda founded?
Suvoda was founded in 2012 and raised its 1st funding round 7 years after it was founded.
Where is Suvoda located?
Suvoda is headquartered in Conshohocken, United States. It is registered at Conshohocken, Pennsylvania, United States.
Who is the current CEO of Suvoda?
Jagath Wanninayake is the current CEO of Suvoda. They have also founded this company.
Is Suvoda a funded company?
Suvoda is a funded company, having raised a total of $40M across 1 funding round to date. The company's 1st funding round was a Series C of $40M, raised on Dec 11, 2019.
How many employees does Suvoda have?
As of Dec 31, 2022, the latest employee count at Suvoda is 302.
What does Suvoda do?
Suvoda offers a clinical trial management solution. Its system called Suvoda IRT has solutions for drug supply management, reporting, and analysis. It can be used to visualize trial data, trends, performance (current and historical), and has a reusable library feature with modular system architecture. A modular system architecture enables the services team to select modules from a central library, configure them for a specific study, and create new modules to meet unique study-specific needs.
Who are the top competitors of Suvoda?
Suvoda's top competitors include HumanFirst, Circuit Clinical and Triumph Research Intelligence.
Who are Suvoda's investors?
Suvoda has 2 investors. Key investors include Thoma Bravo, and LLR Partners.
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