TechnoMile

Mclean, United States Founded: 2010 • Age: 16 yrs
Provider of IT services suite
Annual revenue $1.0M Latest available
Total funding $20.0M 2 rounds
Employees 78 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About TechnoMile

TechnoMile is a company based in Mclean (United States) founded in 2010. TechnoMile has raised $20 million across 2 funding rounds from investors including Lighter Capital and K1 Investment Management. The company has 78 employees as of April 04, 2024. TechnoMile has completed 1 acquisition, including Bid2Win Consulting. TechnoMile offers products and services including Growth CRM, Contract Lifecycle Management, and GovSearchAI. TechnoMile operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Mclean, United States
  • Employees 78 as on 04 Apr, 2024
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Technomile Software Solutions Private Limited
  • Date of Incorporation 27 Mar, 2008
  • Jurisdiction Nagpur, Maharashtra, India
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.01 M (USD)
    28.9
    as on Mar 31, 2022
  • Net Profit
    $14.89 K (USD)
    -19.72
    as on Mar 31, 2022
  • EBITDA
    $14.99 K (USD)
    -45.08
    as on Mar 31, 2022
  • Total Equity Funding
    $20 M (USD)

    in 2 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Aug 03, 2021

  • Investors
  • Employee Count
    78

    as on Apr 04, 2024

  • Investments & Acquisitions
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Products & Services of TechnoMile

TechnoMile offers a comprehensive portfolio of products and services, including Growth CRM, Contract Lifecycle Management, and GovSearchAI.

Product name locked
Category locked
Primary

Manages sales and business development for government contracts

Product name locked
Category locked
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Streamlines contract processes and ensures compliance in government sectors

Product name locked
Category locked
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Provides data insights for opportunity discovery and competitive analysis

People of TechnoMile

Headcount 50-200
Employee Profiles 53
Employee Profiles
People
Ashish Khot
CEO
People
Alwyn Cardona
Financial Controller
People
Aaron Tate
SVP & CIO
People
Sameer Bhad
Salesforce Developer

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Funding Insights of TechnoMile

TechnoMile has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in August 2021. 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.

Investors in TechnoMile

TechnoMile has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Lighter Capital and K1 Investment Management.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
B2B enterprise SaaS investments are managed by K1 Investment Management.
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Revenue-based financing is provided to businesses via an online platform.
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Investor details for TechnoMile

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Investments & Acquisitions by TechnoMile

TechnoMile has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bid2Win Consulting.

Investments
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Investment portfolio details for TechnoMile

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Business management and strategy consulting services are provided.
Locked Locked 2017 Locked
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Complete acquisition details for TechnoMile

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Financial Statements - TechnoMile

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Detailed financials for TechnoMile

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Technomile Comparisons

TechnoMile Primary company
Description
Provider of IT services suite
Location
Mclean, United States
Founded Year
2010
Annual Revenue
$1.01 M (USD)
Net Profit
$14.89 K (USD)
EBITDA
$14.99 K (USD)
Employees
78
As of 2024
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Peer comparison for TechnoMile

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Competitors of TechnoMile

TechnoMile 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, Breed Reply, Globant and 1&1 IONOS, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of TechnoMile

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Latest news on Technomile

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Complete news archive for TechnoMile

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Frequently Asked Questions about TechnoMile

TechnoMile was founded in 2010 and raised its 1st funding round 9 years after it was founded.

TechnoMile is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.

Ashish Khot is the current CEO of TechnoMile.

TechnoMile is a funded company, having raised a total of $20M across 2 funding rounds to date.

As of Apr 04, 2024, the latest employee count at TechnoMile is 78.

Annual revenue of TechnoMile is $1.01M as on Mar 31, 2022.

TechnoMile was established in 2010 and is based in McLean, United States. IT services are delivered through a comprehensive suite that supports business operations in the technology sector. The company operates primarily in the United States, with focus areas including software solutions and technical support. Leadership is provided by CEO Ashish Khot, overseeing daily activities and strategic direction. Geographic presence remains centered in the domestic market.

TechnoMile's top competitors include Infosys, 1&1 IONOS and Genpact.

TechnoMile offers Growth CRM, Contract Lifecycle Management, and GovSearchAI.

TechnoMile has made 1 acquisition, including Bid2Win Consulting.

TechnoMile has 2 investors. Key investors include Lighter Capital, and K1 Investment Management.

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