About TierPoint
TierPoint is a company based in St. Louis (United States) founded in 2010 by Patrick Watriss was acquired by Argo Infrastructure Partners in July 2024. TierPoint has raised $869 million across 4 funding rounds from investors including Macquarie Group, Ontario Teachers' Pension Plan and Argo Infrastructure Partners. The company has 824 employees as of December 31, 2022. TierPoint has completed 3 acquisitions, including Altered Scale, Cosentry and Xand. TierPoint offers products and services including Cloud Services, Data Center Services, and Security Solutions. TierPoint operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter St. Louis, United States
- Employees 824 as on 31 Dec, 2022
- Founders Patrick Watriss
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Tierpoint, Llc
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$869 M (USD)
in 4 rounds
-
Latest Funding Round
$500 M (USD), Series E
Mar 01, 2022
-
Investors
Macquarie Group
& 8 more
-
Employee Count
824
as on Dec 31, 2022
-
Investments & Acquisitions
Altered Scale
& 2 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of TierPoint
TierPoint offers a comprehensive portfolio of products and services, including Cloud Services, Data Center Services, and Security Solutions.
Managed public and hybrid cloud solutions for business workloads
High-density facilities for secure hardware deployment
Tools for threat detection and data protection services
People of TierPoint
Unlock access to complete
Software Development Team
45 people
Leadership Team
40 people
Sales and Marketing
36 people
Senior Team
15 people
Operations Team
11 people
Data Analysis and Operations Team
8 people
Customer Team
6 people
Finance and Accounting
6 people
Unlock access to complete
Funding Insights of TierPoint
TierPoint has successfully raised a total of $869M across 4 strategic funding rounds. The most recent funding activity was a Series E round of $500 million completed in March 2022. 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 TierPoint
TierPoint has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Macquarie Group, Ontario Teachers' Pension Plan and Argo Infrastructure Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
A private equity firm focused on middle-market business investments.
|
Locked | Locked | Locked | |
|
Private equity firm focused on multiple sectors
|
Locked | Locked | Locked |
Investor details for TierPoint
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by TierPoint
TierPoint has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Altered Scale, Cosentry and Xand.
Investment portfolio details for TierPoint
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Data center colocation and managed services are provided in Chicago.
|
Locked | Locked | 2012 | Locked | |
|
Datacenter services-Colocation, Cloud Computing, Hosting, Disaster Recovery, and Managed Services
|
Locked | Locked | 2000 | Locked | |
|
Colocation and cloud services are provided in the Northeastern USA.
|
Locked | Locked | 1990 | Locked |
Complete acquisition details for TierPoint
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - TierPoint
Detailed financials for TierPoint
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Tierpoint Comparisons
Peer comparison for TierPoint
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of TierPoint
TierPoint 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 |
|---|---|---|---|---|
| Locked | Locked | Locked |
High-quality office furniture is provided by UST for various needs.
|
|
| Locked | Locked | Locked |
Application development, cloud, cybersecurity, and business intelligence services are provided.
|
|
| Locked | Locked | Locked |
AI, cloud, and blockchain services are provided globally.
|
|
| Locked | Locked | Locked |
IT and digital transformation services are delivered to various industries.
|
|
| Locked | Locked | Locked |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
|
|
| Locked | Locked | Locked |
Provider of end-to-end business process outsourcing services
|
Detailed competitors of TierPoint
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Tierpoint
Complete news archive for TierPoint
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about TierPoint
TierPoint was founded in 2010.
TierPoint is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.
Jerald L Kent is the current CEO of TierPoint.
TierPoint is a funded company, having raised a total of $869M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at TierPoint is 824.
TierPoint was founded in 2010 and is based in St. Louis, United States. IT services and data center solutions are delivered, including public, private, and multi-tenant cloud configurations. Capabilities encompass disaster recovery, network security, data privacy, multi-factor authentication, and encryption. Sectors served include healthcare, manufacturing, energy, and retail, with clients such as Johnsonville, WebsterBank, and TommyBahama.
TierPoint offers Cloud Services, Data Center Services, and Security Solutions.
TierPoint has made 3 acquisitions, including Altered Scale, Cosentry, and Xand.
TierPoint has 9 investors. Key investors include Macquarie Group, Ontario Teachers' Pension Plan, Argo Infrastructure Partners, Wafra, and Thompson Street Capital Partners.