When was Ciklum founded?

Ciklum was founded in 2002 and raised its 1st funding round 10 years after it was founded.

Where is Ciklum located?

Ciklum is headquartered in London, United Kingdom. It is registered at 3, Østerfælled Torv, København Ø, 2100.

How many employees does Ciklum have?

As of Sep 30, 2026, the latest employee count at Ciklum is 2973.

Is Ciklum a funded company?

Ciklum is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Apr 27, 2012.

When was the latest funding round of Ciklum?

Ciklum's latest funding was a $***** PE round on Jan 04, 2021, with participation from 1 investor.

What is the annual revenue of Ciklum?

Annual revenue of Ciklum is less than £1M as on Dec 31, 2024

Where does Ciklum rank among its competitors?

Ciklum ranks 327th amongst 135385 active competitors, of which 976 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Hewlett Packard Enterprise, which secured $118K in Sep, 2025.

Who are the top competitors of Ciklum?

Ciklum's top competitors include IBM, UST and Infosys. Among them, Hewlett Packard Enterprise secured the most recent funding round in September, 2025.

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

Ciklum is a late stage company based in London (United Kingdom), founded in 2002 by Torben Majgaard. It operates as a Software development and data analytics company. Ciklum has raised an undisclosed amount in funding from investors like Dragon Capital, Horizon Capital and Recognize. The company has 135385 active competitors, including 976 funded and 7683 that have exited. Its top competitors include companies like IBM, UST and Infosys.

Company Details

Software development and data analytics company. Its other services includes application development, systems architecture & technical design, big data & analytics, software testing, user experience & design, AI, devops, and cloud. It provides services for finance, travel & hospitality, retail, media, healthcare, and entertainment sector.

Website: www.ciklum.com/
Social
Email ID: *****@ciklum.com
Registered Address: 3, Østerfælled Torv, København Ø, 2100

Key Metrics

Founded Year

2002

Location

London, United Kingdom

Stage

Late Stage

Latest Funding Round

PE, Jan 04, 2021, $*****

Investors

Dragon Capital & 5 more

Ranked

327^th among 135385 active competitors

Annual Revenue

£0 - £1M as on Dec 31, 2024

Employee Count

2,973 as on Sep 30, 2026

Investment & Acquisitions

GoSolve & 5 more

Similar Companies

IBM & 159060 more

View Ciklum's full profile

Ciklum is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CIKLUM ApS CIN: 26768624 , Denmark, Active	Sep 05, 2002	-	-
CIKLUM UK LIMITED CIN: 7322381 , United Kingdom, Active	Jul 21, 2010	£0 - £1M (As on Dec 31, 2024)	-

Ciklum has raised funding over 5 rounds. Its first funding round was on Apr 27, 2012. Its latest funding round was a PE round on Jan 04, 2021 for $*****. 1 investor participated in its latest round. Ciklum has 6 institutional investors.

Here is the list of recent funding rounds of Ciklum:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 04, 2021	7754980	PE	4064411	8387717	4833062	8707310
Jan 01, 2020	4314614	Grant (prize money)	9733060	1274421	8599400	Europa
Feb 05, 2019	3522784	PE	9168112	7261577	Dragon Capital & 1 more	5801391

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View details of Ciklum's funding rounds and investors

The founders of Ciklum is Torben Majgaard. Raj Radhakrishnan is the CEO of Ciklum.

Here are the details of Ciklum's key team members:

Torben Majgaard: Founder of Ciklum. They are also an angel investor in 2 startups.
Raj Radhakrishnan: CEO of Ciklum.
Contact Info: 1 email address

View details of Ciklum's Founder profiles and Board Members

Ciklum's employee count trend

Ciklum has 2,973 employees as of Sep 26. Here is Ciklum's employee count trend over the years:

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Top competitors of Ciklum include IBM, UST and Infosys. Here is the list of Top 10 competitors of Ciklum, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	81/100
2nd	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
3rd	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
4th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 3 others	74/100
5th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
6th	Happiest Minds Technologies 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 37 others	73/100
7th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	New Mountain Capital, EQT & 8 others	73/100
8th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	73/100
9th	Sutherland 1986, Pittsford (United States), Late Stage	Provider of business process and technology management services	$60M	Affirma Capital, Oak Investment Partners & 3 others	73/100
10th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	73/100
327th	Ciklum 2002, London (United Kingdom), Late Stage	Software development and data analytics company	-	AVentures Capital, Recognize & 4 others	50/100

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Ciklum has not made any investments yet. Ciklum has made 6 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 12, 2025	Acquisition	GoSolve	2021	San Francisco (United States)
Jun 12, 2025	Acquisition	CodeAstu Technologies	2016	Pune (India)
Feb 07, 2024	Acquisition	Infogen Labs	2006	Santa Clarita (United States)