About Version 1
Version 1 is a company based in Dublin (Ireland) founded in 1996 was acquired by Partners Group in April 2022. It operates as a Professional Services and Managed Services. Version 1 has raised $106.59 million across 2 funding rounds from investors including Partners Group, Volpi Capital and Development Capital. The company has 371 employees as of April 09, 2024. Version 1 has completed 10 acquisitions, including Automation Logic, Cedar Consulting and CreateFuture. Version 1 offers products and services including Application Modernisation and Integration, Cloud Transformation, Data x AI, Experience Design and Development, and ASPIRE Managed Services.
- Headquarter Dublin, Ireland
- Employees 371 as on 09 Apr, 2024
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Sectors
Business ServicesTechnology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Version 1
- Date of Incorporation 09 Feb, 2007
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$9.54 M (USD)79.84as on Mar 31, 2023
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Net Profit
$942.75 K (USD)45.61as on Mar 31, 2023
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EBITDA
$1.87 M (USD)47.41as on Mar 31, 2023
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Total Equity Funding
$106.59 M (USD)
in 2 rounds
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Latest Funding Round
$95.85 M (USD), Private Equity Round
Apr 02, 2017
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Investors
Partners Group
& 2 more
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Employee Count
371
as on Apr 09, 2024
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Investments & Acquisitions
Automation Logic
& 9 more
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Acquired by
Partners Group
(Apr 20, 2022)
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Products & Services of Version 1
Version 1 offers a comprehensive portfolio of products and services, including Application Modernisation and Integration, Cloud Transformation, Data x AI, Experience Design and Development, and ASPIRE Managed Services.
Legacy applications are modernized for enhanced user experiences.
Business models are redefined through strategic cloud solutions.
AI potential is unlocked with high-quality data integration.
Customer experiences are elevated through human-centered design approaches.
Business objectives are supported by comprehensive managed services.
People of Version 1
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Software Development Team
124 people
Data Analysis and Operations Team
39 people
Senior Team
31 people
Sales and Marketing
20 people
Leadership Team
18 people
Finance and Accounting
15 people
Oracle Team
12 people
AWS Team
8 people
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Funding Insights of Version 1
Version 1 has successfully raised a total of $106.59M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $95.85 million completed in April 2017. 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 Version 1
Version 1 has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Partners Group, Volpi Capital and Development Capital.
| Investor | Description | Founded Year | Domain | Location |
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Volpi Capital is engaged in mid-market private equity investments.
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Development capital is provided to Irish SMEs for growth.
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Private equity funds are managed across multiple sectors globally.
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Investor details for Version 1
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Version 1
Version 1 has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Automation Logic, Cedar Consulting and CreateFuture.
Investment portfolio details for Version 1
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 |
|---|---|---|---|---|---|
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Branding services are provided by CreateFuture to various clients.
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Locked | Locked | 2016 | Locked | |
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Data analytics services are provided to businesses by InstinctiveBi.
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Locked | Locked | 2016 | Locked | |
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IT service suite solutions are provided for automation needs.
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Locked | Locked | 2010 | Locked |
Complete acquisition details for Version 1
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Financial Statements - Version 1
Detailed financials for Version 1
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Version 1 Comparisons
Peer comparison for Version 1
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Competitors of Version 1
Detailed competitors of Version 1
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Latest news on Version 1
Complete news archive for Version 1
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Frequently Asked Questions about Version 1
Version 1 was founded in 1996 and raised its 1st funding round 18 years after it was founded.
Version 1 is headquartered in Dublin, Ireland.
Version 1 is a funded company, having raised a total of $106.59M across 2 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Version 1 is 371.
Annual revenue of Version 1 is $9.54M as on Mar 31, 2023.
Version 1 is focused on transforming business challenges into sustainable success through technology and people. Services provided include application modernization, cloud transformation, data and AI integration, and experience design. Sectors served encompass financial services, public sector, energy, healthcare, transport, and manufacturing. Solutions are tailored to empower businesses to define their future, leveraging AI and cloud agility for innovation and competitive advantage. A global footprint ensures accelerated business growth aligned with client ambitions.
Version 1 offers Application Modernisation and Integration, Cloud Transformation, Data x AI, Experience Design and Development, and ASPIRE Managed Services.
Version 1 has made 10 acquisitions, including Automation Logic, Cedar Consulting, and CreateFuture.
Version 1 has 3 investors. Key investors include Partners Group, Volpi Capital, and Development Capital.