About Thoughtworks
Thoughtworks is a publicly listed company based in Chicago (United States) founded in 1993, and was acquired by Apax in August 2017. Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors. It operates in the Technology and Business Services sectors. Thoughtworks has raised $748 million across 3 funding rounds from investors including Fidelity Investments, Siemens and Mubadala. The company has 3,938 employees. Thoughtworks has completed 4 acquisitions, including Fourkind, Gemini Solutions and Handmade Design. Its chief executive, as recorded, is Mike Sutcliff. Its website thoughtworks.com draws about 384 thousand monthly visits. Its Indian entity Thoughtworks Technologies (India) Private Limited reported revenue of ₹1,911 Cr. Its focus areas include IT Services, Suite, Digital Transformation Services and Horizontal. Its competitors include Notion, Smartsheet and Asana; 3 of its 3 listed competitors have raised funding.
Company details
Thoughtworks was founded in 1993 in Chicago, United States, as a technology consultancy. Operations are conducted globally, with a focus on the integration of strategy, design, and software engineering. Services are provided to enterprises and technology disruptors to support goal achievement and innovation. The company is headquartered in Chicago and maintains a presence in multiple international locations, led by CEO Mike Sutcliffe.
- Headquarters Chicago, United States
- Employees 3,938
- Stage Public
- SectorsTechnologyBusiness Services
- Website category Computers Electronics and Technology · Programming and Developer Software
- Email••••••••
- Phone•••• ••••
- Website thoughtworks.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Apax (Aug 2017)
- Legal Name Thoughtworks Technologies (India) Private Limited
- Date of Incorporation 01 Jun, 2001
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹1,911 Cr
FY 2024 · +2% YoY
- Indian entity net profit₹224 Cr
FY 2024 · 12% margin
- Indian entity EBITDA₹413 Cr
FY 2024 · 22% margin
- Total Equity Funding$748M (USD)
in 3 rounds
- Latest Funding Round$720M (USD), Series B
Jan 2021
- InvestorsFidelity Investments
& 5 more
- Employee Count3,938
- Investments & AcquisitionsFourkind
& 3 more
- Acquired byApax
(Aug 2017)
Associated legal entities of Thoughtworks
Thoughtworks operates through Thoughtworks Technologies (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Thoughtworks Technologies (India) Private Limited CIN U72900KA2001PTC029086 | Active | 01 Jun 2001 | Bangalore, Karnataka | ₹1,911 Cr | 3,938 | 4 | View details |
Apps and channels of Thoughtworks
its YouTube channel Thoughtworks has 42.3K subscribers and 30 videos.
Videos from Thoughtworks
The most watched videos on Thoughtworks's YouTube channel, Thoughtworks (42.3K subscribers). Click a video to play it here.
More on Thoughtworks.
Funding Insights of Thoughtworks
Thoughtworks has successfully raised a total of $748M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $720 million completed in January 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.
- Total Funding $748M
- Total Rounds 3
- Last Round Series B — $720M
- First Round $28M
(Apr 2000)
- Investors Count 5
All 3 funding rounds of Thoughtworks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $720M | Series B | – | Fidelity Investments, GIC | – |
| Dec 2016 | $1.02M | Grant | – | – | |
| Apr 2000 | $28M | Series A | – | – | – |
6 investors in total: 6 institutional.
Investors in Thoughtworks
Thoughtworks has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Siemens and Mubadala.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Equity investments are focused on tech, services, and consumer sectors. | 1981 | apax.com | Hong Kong, China | |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | 1946 | fidelity.com | Boston, United States | |
Industrial software is developed for automation, electrification, and digitalization solutions. | 1847 | siemens.com | United States | |
Sovereign wealth fund of United Arab Emirates | 2002 | mubadala.com | Abu Dhabi, United Arab Emirates | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Thoughtworks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Thoughtworks Technologies (India) Private Limited (Thoughtworks)
Thoughtworks Technologies (India) Private Limited is the primary company behind Thoughtworks. The board of Thoughtworks Technologies (India) Private Limited currently have 4 directors; the longest-serving is Sameer Surendra Soman, appointed in 2014. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sameer Surendra Soman DIN 06829599 | Managing Director | 01 Mar 2014 | 12 yrs 8 mo | Thoughtworks Technologies (India) Private Limited |
| Suresh Babu Kalarikkal DIN 08069171 | Director | 19 Mar 2018 | 8 yrs 7 mo | Thoughtworks Technologies (India) Private Limited |
| Gunjan Shukla DIN 10384060 | Director | 14 Dec 2023 | 2 yrs 10 mo | Thoughtworks Technologies (India) Private Limited |
| Ajith Kumar DIN 11249359 | Director | 01 Oct 2025 | 1 yr 1 mo | Thoughtworks Technologies (India) Private Limited |
People of Thoughtworks
537 people are tracked at Thoughtworks (136 in leadership, 8 in board & advisors, 393 in team); the tracked headcount is 3,938.
| Name | Role | Group |
|---|---|---|
Mike Sutcliff | CEO | Leadership |
Chris Murphy | Global Chief Client And Revenue Officer | Leadership |
Grazi Mendes | Head Of Diversity, Equity And Inclusion For Americas | Leadership |
Rakhee Kulkarni | Head Of Talent Acquisition - Asia Pacific | Leadership |
Steven Yurisich | Regional Managing Director APAC | Leadership |
Renan Martins | Vp, Regional Head Of Technology, DEC Latam | Leadership |
Nimisha Asthagiri | Head Of Advanced Analytics & Ai, Thoughtworks North America | Leadership |
Sujana Arul Selvi Alaguraj | Head Of Enterprise Architecture (vp) | Leadership |
Vladimir Sneblic | Director Of Engineering (north America) | Leadership |
Frank Pototzki | Business Development Director | Leadership |
Julie Woods-Moss | Member Of The Global Coordination Group (exec Co) And Chief Marketing Officer | Leadership |
Kirsten Völkl | Client Partner | Leadership |
Dr. Anne Katharina Rhode | Global Head Of Quote To Cash | Leadership |
Ryan Lim | Practice Director, Engineering | Leadership |
Santosh Mahale | Head Of Engineering | Leadership |
Abby Jia | Head Of Recruiting For Big Data | Leadership |
Marcus Thorpe | Global Head Of Talent Acquisition | Leadership |
Brandi Hollis | Chief Of Staff | Leadership |
Alexey Antônio Villas Bôas | Regional Cto, Latin America | Leadership |
Sudhir Tiwari | Global Head : Digital Engineering Center | Leadership |
517 more people are available in the full profile.
Complete people profiles for Thoughtworks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
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Financials of Thoughtworks
Figures of Thoughtworks Technologies (India) Private Limited, the primary company behind Thoughtworks, for FY 2024. Revenue was ₹1,911 Cr (+2% year on year). Net profit was ₹224 Cr (12% margin). EBITDA was ₹413 Cr (22% margin). Revenue has grown at a compounded annual rate of +32% over three years and +28% over five years.
- ₹1,911 CrRevenue · FY 2024 · +2% YoY
- ₹224 CrNet profit · 12% margin
- ₹413 CrEBITDA · 22% margin
- ₹3.06 CrPaid-up capital
- 3,938Employees (provident fund records)
- +32%Revenue CAGR, 3 years
- +28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Thoughtworks Technologies (India) Private Limited are on its company page.
Detailed financial statements for Thoughtworks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Investments & Acquisitions by Thoughtworks
Thoughtworks has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Fourkind, Gemini Solutions and Handmade Design.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Management consulting services are provided by Handmade in Brazil. | handmade.design | Sao Paulo, Brazil | 2015 | Jul 2022 | •••• | |
Software development services are provided by Connected in Toronto. | connected.io | Toronto, Canada | 2014 | Apr 2022 | •••• | |
Provider of AI, machine learning and data science services | fourkind.com | Helsinki, Finland | 2017 | Feb 2021 | •••• | |
Software development company | geminisols.com | Bucharest, Romania | 2005 | Jan 2021 | •••• |
Complete acquisition details for Thoughtworks
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Thoughtworks
10 dated milestones of Thoughtworks across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Thoughtworks is founded.
- Funding First funding round of $28.0M.
- Exit Acquired by Apax.
- Funding Latest funding round, Series B, of $720.0M.
- Acquisition Acquires Gemini Solutions.
- Acquisition Acquires Fourkind.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Thoughtworks.
- Acquisition Acquires Handmade Design.
- Acquisition Acquires Thoughtworks.
Competitors of Thoughtworks
Thoughtworks has 3 listed competitors in our database, 3 of them funded. They include Notion, Smartsheet and Asana.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| getnotion.com | 2013 | Denver, United States | $18.52M | 30 | Diversified smart home products including hubs and sensors are provided. | |
| smartsheet.com | 2005 | Bellevue, United States | $120.59M | 2,594 | Cloud based suite solutions for enterprise project management | |
| asana.com | 2008 | San Francisco, United States | $453M | 1,265 | Cloud-based project management software is offered for teams. |
Detailed competitors of Thoughtworks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Thoughtworks
The website of Thoughtworks (thoughtworks.com) receives about 383.7K visits a month and ranks #145,685 among all websites worldwide, #3,266 in Programming and Developer Software.
- Monthly visits383.7K
▲ 12.4% vs previous month
- Unique visitors166.2K
per month
- Global rank#145,685
among all websites
- Category rank#3,266
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate48%
- Pages per visit2.1
- Average visit59 sec
- DevicesDesktop 47% · Mobile 53%
Websites whose visitors overlap most with Thoughtworks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
martinfowler.com | martinfowler.com | 100% | #120,952 | – | |
| valtech.com | 99% | 134.8K | #308,198 | View details | |
| 37signals.com | 98% | #67,653 | View details | ||
| agilemanifesto.org | 98% | #249,391 | View details | ||
versionone.com | versionone.com | 97% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Thoughtworks
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- 40 similar websites
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Top companies in Enterprise Collaboration & Video Tools
3 companies that operate in the same segment as Thoughtworks (Enterprise Collaboration & Video Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | 2,555 | ||
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | 2,877 | ||
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 |
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Related news about Thoughtworks
Complete news archive for Thoughtworks
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Frequently Asked Questions about Thoughtworks
Thoughtworks was founded in 1993 and raised its 1st funding round 7 years after it was founded.
Thoughtworks is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Mike Sutcliff is the CEO of Thoughtworks, as recorded in our data.
Thoughtworks is a funded company, having raised a total of $748M across 3 funding rounds to date. The company's 1st funding round was a Series A of $28M, raised on Apr 2000.
Thoughtworks has 3,938 employees.
The primary company behind Thoughtworks, Thoughtworks Technologies (India) Private Limited, reported revenue of ₹1,911 Cr for FY 2024, up 2% year on year.
Thoughtworks was founded in 1993 in Chicago, United States, as a technology consultancy. Operations are conducted globally, with a focus on the integration of strategy, design, and software engineering. Services are provided to enterprises and technology disruptors to support goal achievement and innovation. The company is headquartered in Chicago and maintains a presence in multiple international locations, led by CEO Mike Sutcliffe.
Thoughtworks's top competitors include Smartsheet, Asana and Notion.
Thoughtworks has made 4 acquisitions, including Fourkind, Gemini Solutions, and Handmade Design.
Thoughtworks has 6 investors. Key investors include Fidelity Investments, Siemens, Mubadala, Apax Partners, and European Union.
Thoughtworks operates through Thoughtworks Technologies (India) Private Limited.
Yes. Thoughtworks was acquired by Apax in August 2017.