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 Apr 30, 2026, the latest employee count at Ciklum is 2975.

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 £55.1M as on Dec 31, 2023.

Where does Ciklum rank among its competitors?

Ciklum ranks 192nd amongst 122411 active competitors, of which 944 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Accenture, which secured an undisclosed amount in Mar, 2024.

Who are the top competitors of Ciklum?

Ciklum's top competitors include IBM, UST and Hewlett Packard Enterprise. Among them, Accenture secured the most recent funding round in March, 2024.

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

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

192^nd among 122411 active competitors

Annual Revenue

£55.1M as on Dec 31, 2023

Employee Count

2,975 as on Apr 30, 2026

Investment & Acquisitions

GoSolve & 5 more

Similar Companies

IBM & 146086 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	Documents
CIKLUM UK LIMITED CIN: 7322381 , United Kingdom, Active	Jul 21, 2010	$68.5M (As on Dec 31, 2023)	-
CIKLUM ApS CIN: 26768624 , Denmark, Active	Sep 05, 2002	-	-

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	8514053	PE	5940691	8370746	5787487	5031756
Jan 01, 2020	2837765	Grant (prize money)	9004037	1525506	4383448	Europa
Feb 05, 2019	6827601	PE	8832007	3269613	Dragon Capital & 1 more	2389228

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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 2,975 employees as of Apr 26. Here is Ciklum's employee count trend over the years:

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Top competitors of Ciklum include IBM, UST and Hewlett Packard Enterprise. 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, United States, Public	Provider of hybrid cloud, artificial intelligence, and consulting services	-	Berkshire Hathaway, Runway & 16 others	80/100
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	80/100
3rd	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Draper Athena, Kleiner Perkins & 2 others	79/100
4th	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Capital Group ... & 9 others	79/100
5th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	76/100
6th	Happiest Minds 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 40 others	76/100
7th	Infosys 1981, Bengaluru (India), Public	Provider of digital marketing, data analytics, and IT services	-	Seaside Private Capital, Nepean Capital & 1 others	75/100
8th	EPAM 1993, Newtown (United States), Public	Provider of software development, data analytics, and other IT suite services	$50M	Merifin Capital, VTB Capital Investment Management ... & 8 others	74/100
9th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	Back Bay Group, Orogen Group & 8 others	73/100
10th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
192nd	Ciklum 2002, London (United Kingdom), Late Stage	Software development and data analytics company	-	AVentures Capital, Recognize & 4 others	55/100

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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)