About Virtusa
Virtusa is a company based in Westborough (United States) founded in 1996 by Sandy Gillis and Kris Canekeratne was acquired by EQT in September 2020. It operates as a Professional Services and AI-as-a-Service. Virtusa has raised $45.24 million across 8 funding rounds from investors including EQT, New Mountain Capital and Sigma Partners. Virtusa has completed 11 acquisitions, including ALaS Consulting, Agora Group and BRIGHT. Virtusa offers products and services including Virtusa Helio, Consult & Design, Engineer & Automate, and Analyze & Optimize. Virtusa operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Westborough, United States
- Founders Sandy Gillis, Kris Canekeratne
- Stage Public
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Virtusa Corp.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$45.24 M (USD)
in 8 rounds
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Latest Funding Round
Not available
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Investors
EQT
& 6 more
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Employee Count
Not available
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Investments & Acquisitions
ALaS Consulting
& 10 more
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Acquired by
EQT
(Sep 10, 2020)
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Products & Services of Virtusa
Virtusa offers a comprehensive portfolio of products and services, including Virtusa Helio, Consult & Design, Engineer & Automate, and Analyze & Optimize.
Enterprise innovation is driven by generative AI solutions.
Custom solutions are engineered for specific business needs.
Seamless experiences are built for operational efficiency gains.
Challenges are uncovered to optimize business performance metrics.
People of Virtusa
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Software Development Team
196 people
Leadership Team
86 people
Lead Team
24 people
Sales and Marketing
22 people
Senior Team
13 people
Consultant Team
8 people
Data Analysis and Operations Team
8 people
Finance and Accounting
7 people
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Funding Insights of Virtusa
Virtusa has successfully raised a total of $45.24M across 8 strategic funding rounds. 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 Virtusa
Virtusa has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include EQT, New Mountain Capital and Sigma Partners.
| Investor | Description | Founded Year | Domain | Location |
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New Mountain Capital manages investments in private equity, credit, and net lease strategies.
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Early-stage VC investments are made in US, Canada, and Asia.
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CRV is recognized as a venture capital firm investing in technology startups.
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Investor details for Virtusa
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Virtusa
Virtusa has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include ALaS Consulting, Agora Group and BRIGHT.
Investment portfolio details for Virtusa
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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Breathing training services are provided from Zurich, Switzerland.
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IT service suite solutions are provided for business needs.
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Locked | Locked | 2017 | Locked | |
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Delivers innovative engineering solutions for semiconductors, embedded, and automotive systems globally.
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Locked | Locked | 2016 | Locked |
Complete acquisition details for Virtusa
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- Acquired stakes
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- Domains and locations
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Financial Statements - Virtusa
Detailed financials for Virtusa
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Virtusa Comparisons
Peer comparison for Virtusa
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Virtusa
Virtusa 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, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Multi-access edge networking computing platform is provided for mobile services.
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Detailed competitors of Virtusa
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Virtusa
Complete news archive for Virtusa
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Virtusa
Virtusa was founded in 1996 and raised its 1st funding round 4 years after it was founded.
Virtusa is headquartered in Westborough, United States. It is registered at Westborough, Massachusetts, United States.
Kris Canekeratne is the current CEO of Virtusa. They have also founded this company.
Virtusa is a funded company, having raised a total of $45.24M across 8 funding rounds to date.
Virtusa is engaged in providing digital transformation and engineering solutions across various industries. Services are offered in sectors such as banking, healthcare, insurance, retail, and high tech. Innovative approaches like generative AI through Virtusa Helio are utilized to drive enterprise innovation. Solutions are tailored to meet industry benchmarks, optimize service levels, and enhance operational efficiencies. Clients worldwide are supported in navigating complex business challenges with technology paradigms including cloud, AI, and IoT.
Virtusa's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Virtusa offers Virtusa Helio, Consult & Design, Engineer & Automate, and Analyze & Optimize.
Virtusa has made 11 acquisitions, including ALaS Consulting, Agora Group, and BRIGHT.
Virtusa has 7 investors. Key investors include EQT, New Mountain Capital, Sigma Partners, CRV, and Globespan Capital Partners.