About Version 1
Version 1 is a Business Services company based in Dublin (Ireland) founded in 1996, and was acquired by Partners Group in April 2022. It operates as an IT consulting and outsourced managed services are delivered. It operates on a Professional Services and Managed Services model in Business Services and Technology sectors. 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. Version 1 has completed 10 acquisitions, including Automation Logic, Cedar Consulting and CreateFuture. Its website version1.com draws about 58 thousand monthly visits. Its Indian entity Version 1 Services Private Limited reported revenue of ₹79.31 Cr. Version 1 offers products and services including Application Modernisation and Integration, Cloud Transformation, Data x AI, Experience Design and Development, and ASPIRE Managed Services. Its focus areas include IT Services, Digital Transformation, Software and AI Solutions.
Company details
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.
- Headquarters Dublin, Ireland
- Employees 371
- SectorsBusiness ServicesTechnology
- Website version1.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Partners Group (Apr 2022)
- Legal Name Version 1
- Date of Incorporation 09 Feb, 2007
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹79.31 Cr
FY 2023 · +80% YoY
- EBITDA₹13.51 Cr
FY 2023 · 17% margin
- Total Equity Funding$106.59M (USD)
in 2 rounds
- Latest Funding Round$95.85M (USD), Private Equity Round
Apr 2017
- InvestorsPartners Group
& 2 more
- Employee Count371
- Investments & AcquisitionsAutomation Logic
& 9 more
- Acquired byPartners Group
(Apr 2022)
Associated legal entities of Version 1
Version 1 operates through Version 1 Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Version 1 Services Private Limited CIN U74140KA2007PTC167471 | Active | 09 Feb 2007 | Bangalore, Karnataka | ₹79.3 Cr | 371 | 4 | View details |
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.
Apps and channels of Version 1
its YouTube channel Version 1 has 779 subscribers and 30 videos.
Videos from Version 1
The most watched videos on Version 1's YouTube channel, Version 1 (779 subscribers). Click a video to play it here.
More on Version 1.
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.
- Total Funding $106.59M
- Total Rounds 2
- Last Round Private Equity Round — $95.85M
- First Round $10.74M
(Jul 2014)
- Investors Count 2
All 2 funding rounds of Version 1 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 |
|---|---|---|---|---|---|
| Apr 2017 | $95.85M | Private Equity Round | – | Volpi Capital | – |
| Jul 2014 | $10.74M | Private Equity Round | – | Development Capital | – |
3 investors in total: 3 institutional.
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 |
|---|---|---|---|---|
Volpi Capital is engaged in mid-market private equity investments. | – | volpicapital.com | London, United Kingdom | |
Development capital is provided to Irish SMEs for growth. | 2013 | developmentcapital.ie | Dublin, Ireland | |
Private equity funds are managed across multiple sectors globally. | 1996 | partnersgroup.com | Baar, Switzerland |
Investor details for Version 1
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Version 1 Services Private Limited (Version 1)
Version 1 Services Private Limited is the primary company behind Version 1. The board of Version 1 Services Private Limited currently have 4 directors; the longest-serving is Thomas Anthony Oconnor, appointed in 2019. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Thomas Anthony Oconnor DIN 08299406 | Director | 14 Feb 2019 | 7 yrs 8 mo | Version 1 Services Private Limited |
| Ganesh Kalyanaraman DIN 10863582 | Additional Director | 28 Feb 2025 | 1 yr 7 mo | Version 1 Services Private Limited |
| Patrick Francis Cooney DIN 11043761 | Additional Director | 09 May 2025 | 1 yr 5 mo | Version 1 Services Private Limited |
| Roopinder Singh DIN 11486608 | Additional Director | 16 Jan 2026 | 9 mo | Version 1 Services Private Limited |
People of Version 1
358 people are tracked at Version 1 (68 in leadership, 2 in board & advisors, 288 in team); the tracked headcount is 371.
| Name | Role | Group |
|---|---|---|
Jeremy Simmons | Practice Director, USA | Leadership |
Jason Pepper | Head Of SAM Practice | Leadership |
Andy Holly | Head Of Real Estate And Workplace Operations | Leadership |
Laura Colquhoun | Head Of EPM | Leadership |
Peter McCready | Head Of Azure | Leadership |
George Eggert | Director Of Business Development | Leadership |
Roop Singh | Chief Executive Officer (ceo) | Leadership |
Nathan Marlor | Head Of Data And AI | Leadership |
Aisling MacDonnell | Head Of HR Business Partnership And Performance | Leadership |
Maeve Loughnane | Portfolio Director In Data Analytics Practice | Leadership |
Sinead O'Leary Aca | Head Of Finance Ops & Transformation | Leadership |
Donagh Noone | Portfolio Director, Technology | Leadership |
Laura O'Donnell | Head Of Employment Law, Employee Relations And People Partnerships | Leadership |
Tiff de Condúin | Director Of Global Workforce Management | Leadership |
Ger O'Sullivan | Managing Director - Public Sector & Utilities - Ireland | Leadership |
| Group CFO | Leadership | |
Hannah Newton | Business Development Director | Leadership |
Luke Hunt | Global Head Of Healthcare, Pharmaceutical And Life Sciences | Leadership |
Ashley Billington | Head Of Talent Acquisition - Enterprise Applications (oracle) | Leadership |
Jennifer Barry | Chief Business Officer | Leadership |
338 more people are available in the full profile.
Complete people profiles for Version 1
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Version 1
Figures of Version 1 Services Private Limited, the primary company behind Version 1, for FY 2023. Revenue was ₹79.31 Cr (+80% year on year). EBITDA was ₹13.51 Cr (17% margin). Revenue has grown at a compounded annual rate of +67% over three years and +55% over five years.
- ₹79.31 CrRevenue · FY 2023 · +80% YoY
- ₹13.51 CrEBITDA · 17% margin
- 371Employees (provident fund records)
- +67%Revenue CAGR, 3 years
- +55%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Version 1 Services Private Limited are on its company page.
Detailed financial statements for Version 1
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Branding services are provided by CreateFuture to various clients. | createfuture.com | Edinburgh, United Kingdom | 2016 | May 2026 | •••• | |
Consulting services in digital, technology, and organizational transformation are offered. | farsightconsulting.co.uk | London, United Kingdom | 2010 | Apr 2024 | •••• | |
IT service suite solutions are provided for automation needs. | automationlogic.com | London, United Kingdom | 2010 | Jan 2023 | •••• | |
Management consulting services are provided to businesses. | qubix.com | Woking, United Kingdom | 1987 | Jan 2023 | •••• | |
Data analytics services are provided to businesses by InstinctiveBi. | instinctivebi.com | Glasgow, United Kingdom | 2016 | Oct 2022 | •••• | |
Enterprise collaboration services are provided by Evoco to businesses. | evoco.co.uk | – | 2007 | Feb 2022 | •••• | |
A suite of IT services is provided for technology needs. | neueda.com | Belfast, United Kingdom | 2006 | Jun 2021 | •••• | |
Provider of ERP transformation, software asset management, data analytics, and cloud services | singlepoint.ie | Ireland | 2009 | Mar 2020 | •••• | |
Marketing intelligence solutions are provided for enterprise customer insights. | presidion.com | London, United Kingdom | 1994 | Oct 2018 | •••• | |
Provider of ERP cloud services | cedarconsulting.co.uk | London, United Kingdom | 1998 | Jun 2018 | •••• |
Complete acquisition details for Version 1
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Version 1
14 dated milestones of Version 1 across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Version 1 is founded.
- Funding First funding round of $10.7M.
- Funding Latest funding round, Private Equity Round, of $95.8M.
- Acquisition Acquires Cedar Consulting.
- Acquisition Acquires Presidion.
- Acquisition Acquires Singlepoint Solutions.
- Acquisition Acquires Neueda.
- Acquisition Acquires Evoco.
- Exit Acquired by Partners Group.
- Acquisition Acquires InstinctiveBi.
- Acquisition Acquires Qubix.
- Acquisition Acquires Automation Logic.
- Acquisition Acquires Farsight Consulting.
- Acquisition Acquires CreateFuture.
Web traffic of Version 1
The website of Version 1 (version1.com) receives about 57.6K visits a month.
- Monthly visits57.6K
▲ 24.5% vs previous month
Websites whose visitors overlap most with Version 1. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
jacksonconsulting.com | jacksonconsulting.com | 100% | – | – | – |
versionone.com | versionone.com | 98% | – | – | – |
| atmosera.com | 95% | 20.3K | #1,390,298 | View details | |
| koenig-solutions.com | 95% | 308.4K | #157,757 | View details | |
| nomensa.com | 95% | 12.5K | #2,028,142 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Version 1
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
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Verified entity values are shown only after access is granted.
Top companies in Digital Transformation & Automation Services
10 companies that operate in the same segment as Version 1 (Digital Transformation & Automation Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Artificial intelligence and analytics solutions are provided for enterprise transformation. | 2000 | New York, New York, United States | USD 685 M | USD 270.83 M | 5,217 | |
Analytics, cybersecurity, and digital transformation services are provided. | 1914 | Mclean, Virginia, United States | – | USD 11.22 B | 35,800 | |
Enterprise AI models are developed and tuned for business integration. | 2022 | Palo Alto, California, United States | USD 1.53 B | – | 84 | |
Provider of end-to-end business process outsourcing services | 1997 | New York, New York, United States | – | USD 5.08 B | 140,000 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 18.8 M | USD 1.57 B | 24,590 | |
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 74.82 M | 851 | |
Application development, cloud, cybersecurity, and business intelligence services are provided. | 1967 | Koto, Tokyo, Japan | – | USD 31.05 B | 197,780 |
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Related news about 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. The company's 1st funding round was a Private Equity Round of $10.74M, raised on Jul 2014.
Version 1 has 371 employees.
The primary company behind Version 1, Version 1 Services Private Limited, reported revenue of ₹79.31 Cr for FY 2023, up 80% year on year.
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.
Version 1 operates through Version 1 Services Private Limited.
Yes. Version 1 was acquired by Partners Group in April 2022.
The legal entities of Version 1 currently have 4 directors, including Thomas Anthony Oconnor, Patrick Francis Cooney, Ganesh Kalyanaraman and others.