About WillowTree
WillowTree is a company based in Charlottesville (United States) founded in 2008 by Mark Taussig was acquired by Telus International in October 2022.. The company has 606 employees as of December 31, 2022. WillowTree has completed 1 acquisition, including Maark. WillowTree offers products and services including Fuel iX AI Platform and Digital Strategy Consulting. WillowTree operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Charlottesville, United States
- Employees 606 as on 31 Dec, 2022
- Founders Mark Taussig
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Sectors
Business ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Willowtree, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Insignia Capital Group
& 1 more
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Employee Count
606
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Telus International
(Oct 27, 2022)
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Products & Services of WillowTree
WillowTree offers a comprehensive portfolio of products and services, including Fuel iX AI Platform and Digital Strategy Consulting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for enterprise AI to enhance team productivity and democratize GenAI
Services for AI-led digital transformation and workflow optimization
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Funding Insights of WillowTree
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2018 | Amount | Series A - WillowTree | Valuation | Insignia Capital Group |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WillowTree
WillowTree has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Insignia Capital Group and Telus International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Insignia Capital Group is focused on private equity investments.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WillowTree
WillowTree has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Maark. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of web & application development, UI/UX design, digital marketing, branding, and SMM services
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - WillowTree
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Willowtree Comparisons
Competitors of WillowTree
WillowTree 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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Willowtree
Frequently Asked Questions about WillowTree
When was WillowTree founded?
WillowTree was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Where is WillowTree located?
WillowTree is headquartered in Charlottesville, United States. It is registered at Charlottesville, Virginia, United States.
Who is the current CEO of WillowTree?
Mark Taussig is the current CEO of WillowTree. They have also founded this company.
How many employees does WillowTree have?
As of Dec 31, 2022, the latest employee count at WillowTree is 606.
What does WillowTree do?
WillowTree was founded in 2008 in Charlottesville, United States, as a provider in the digital services sector. Mobile applications, websites, and digital marketing solutions are developed through operations focused on strategy and engineering. Services encompass digital product strategy, user experience design, full-stack engineering, and ongoing support for growth, serving clients across various industries from a base in the U.S.
Who are the top competitors of WillowTree?
WillowTree's top competitors include 1&1 IONOS, Genpact and Persistent.
What products or services does WillowTree offer?
WillowTree offers Fuel iX AI Platform and Digital Strategy Consulting.
How many acquisitions has WillowTree made?
WillowTree has made 1 acquisition, including Maark.
Who are WillowTree's investors?
WillowTree has 2 investors. Key investors include Insignia Capital Group, and Telus International.
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