When was Algorics founded?

Algorics was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is Algorics located?

Algorics is headquartered in Bengaluru, India. It is registered at New no 4, Old no-10 , Vivekananda Street Annai Indra Nagar, Velachery, Chennai, Chennai, Tamil Nadu, India, 600042.

Who is the current CEO of Algorics?

Nithiyanandhan Ananthakrishnan of Algorics. They have also founded 1 company.

Which legal entities is Algorics associated with?

Algorics is associated with PINWHEEL VENTURES PRIVATE LIMITED and 1 other.

How many employees does Algorics have?

As of May 31, 2026, the latest employee count at Algorics is 49.

Is Algorics a funded company?

Algorics is a funded company, having raised a total of $2.16M across 2 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Feb 04, 2015.

When was the latest funding round of Algorics?

Algorics' latest funding was a $***** Seed round on Dec 22, 2022, with participation from 0 investor. Its primary sector is Vertical Business Intelligence. In India, the Vertical Business Intelligence sector has seen $20.9M in funding in 2026 to date.

What is the annual revenue of Algorics?

Annual revenue of Algorics is less than ₹10 Cr as on Mar 31, 2025

Where does Algorics rank among its competitors?

Algorics ranks 58th amongst 297 active competitors, of which 50 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Verily, which secured an undisclosed amount in Sep, 2026.

Who are the top competitors of Algorics?

Algorics' top competitors include Medidata, Verily and IQVIA. Among them, Verily secured the most recent funding round in September, 2026.

Algorics - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Platform for data analytics and risk management for clinical trials. It is an online platform for risk monitoring and decision-making using analytics for clinical trials. Acuity is a data aggregation, visualization, and analytics platform driving actionable knowledge in real-time. The platform extracts data from a variety of sources and aggregates them for data analysis. Fixes risk indicators at the protocol level and map to the outcome of risk assessment and categorization exercise. Provides a customizable workflow along with traceability and insights into the day-to-day interaction between the central and site monitoring teams.

Website: algorics.com
Social
Email ID: *****@algorics.com
Phone Number: +91 **********
Registered Address: New no 4, Old no-10 , Vivekananda Street Annai Indra Nagar, Velachery, Chennai, Chennai, Tamil Nadu, India, 600042

Key Metrics

Founded Year

2013

Location

Bengaluru, India

Stage

Acquired

Total Funding

$2.16M in 2 rounds

Latest Funding Round

Seed, Dec 22, 2022, $*****

Ranked

58^th among 297 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

49 as on May 31, 2026

Investment & Acquisitions

DOMAIN CLINICAL DATA SCIENCES

Similar Companies

Medidata & 707 more

Exit Details

Acquired by Precision Medicine Group (May 29, 2024)

View Algorics' full profile

Algorics is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Algorics Inc. CIN: 1959170 , United States, Active		$1M - $5M (As on Dec 22, 2022)	-	-
PINWHEEL VENTURES PRIVATE LIMITED CIN: U72900TN2013PTC094054 , India, Active	Dec 05, 2013	0 - ₹10 Cr (As on Mar 31, 2025)	2 (As on Dec 31, 2024)

Algorics got acquired by Precision Medicine Group on May 29, 2024.

Click here to take a look at Algorics's acquisition in detail

Algorics has raised a total funding of $2.16M over 2 rounds. Its first funding round was on Feb 04, 2015.

Here is the list of recent funding rounds of Algorics:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 22, 2022	6988345	Seed	8079186	7339778	1753406	8850203
Feb 04, 2015	8065248	Angel	8981563	8219365	1379700	3987049

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View details of Algorics's funding rounds and investors

The founders of Algorics is Nithiyanandhan Ananthakrishnan. Nithiyanandhan Ananthakrishnan is the CEO of Algorics.

Here are the details of Algorics' key team members:

Nithiyanandhan Ananthakrishnan: Founder & CEO of Algorics and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address

Algorics' Board of Directors

Algorics's board has 2 active members. Nithiyanandhan Ananthakrishnan is part of team and Gunasekaran Akbar Chezhian is independent board member.

Here is the list of Algorics' board of directors:

Name	Type	Representing	Status	Duration
Nithiyanandhan Ananthakrishnan	Team	-	Current	12y 9m
ccaslnf	Team	-	Past	5y 7m
Gunasekaran Akbar Chezhian	Independent board member	-	Current	12y 9m

View details of Algorics's Founder profiles and Board Members

Algorics' employee count trend

Algorics has 49 employees as of May 26. Here is Algorics's employee count trend over the years:

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Top competitors of Algorics include Medidata, Verily and IQVIA. Here is the list of Top 10 competitors of Algorics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Medidata 1999, New York City (United States), Acquired	AI-based clinical trial management software for researchers	$41.5M	Insight Partners, TFS & 11 others	86/100
2nd	Verily 2015, Dallas (United States), Series D	A data platform and technology company purpose-built to power AI-enabled precision health	$2.8B	Silver Lake, Temasek & 11 others	82/100
3rd	IQVIA 1982, Durham (United States), Public	Provider of clinical research and commercialization solutions for healthcare	$1.74M	Leonard Green and Partners, Aisling Capital ... & 12 others	80/100
4th	Tempus 2015, Chicago (United States), Public	Developer of genomic testing and artificial intelligence tools for medicine	$1.05B	T. Rowe Price, New Enterprise Associates ... & 11 others	77/100
5th	Signant Health 2000, Plymouth Meeting (United States), Acquired	Provider of a software solution for clinical trial management	$3.4M	Harvest Partners, 3i Group & 4 others	72/100
6th	Science 37 2014, Los Angeles (United States), Acquired	Provider of a suite solution for clinical trials for researchers	$106M	Redmile Group, Lux Capital & 12 others	70/100
7th	TriNetX 2013, Cambridge (United States), Acquired	Provider of clinical trial management software for researchers and professionals	$102M	Merck Global Health Innovation Fund, F2 Ventures ... & 6 others	66/100
8th	Wcg Clinical 2012, Princeton (United States), Acquired	CRO offering regulatory and ethical review services for clinical research	-	Ares Capital Corporation, Prospect Capital ... & 6 others	64/100
9th	Obvio Health 2015, Orlando (United States), Series B	Provider of clinical trials design and recruitment platform	$66M	Dedalus Group, Guardant Health & 13 others	62/100
10th	ProofPilot 2012, New York City (United States), Series D	Platform for the development & execution of research studies	$28.1M	Mitsui, Cue Ball & 8 others	61/100
58th	Algorics 2013, Bengaluru (India), Acquired	Platform for data analytics and risk management for clinical trials	$2.16M	-	37/100