When was EFEX founded?

EFEX was founded in 2013 and raised its 1st funding round 8 years after it was founded.

Where is EFEX located?

EFEX is headquartered in Sydney, Australia.

How many employees does EFEX have?

As of Jun 30, 2026, the latest employee count at EFEX is 312.

Is EFEX a funded company?

EFEX is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Dec 22, 2021.

When was the latest funding round of EFEX?

EFEX's latest funding was a $***** Seed round on Dec 22, 2021, with participation from 1 investor.

Where does EFEX rank among its competitors?

EFEX ranks 997th amongst 129063 active competitors, of which 970 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 EFEX?

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

EFEX - 2026 Company Profile, Team, Funding & Competitors

Most viewed in 2019

EFEX is an acquired company based in Sydney (Australia), founded in 2013 by Nick Sheehan. It operates as a Provider of IT service suite solutions. EFEX has raised an undisclosed amount in funding from Alceon Group. The company has 129063 active competitors, including 970 funded and 7448 that have exited. Its top competitors include companies like IBM, Hewlett Packard Enterprise and Mindtree.

Key Metrics

Founded Year

2013

Location

Sydney, Australia

Stage

Acquired

Latest Funding Round

Seed, Dec 22, 2021, $*****

Investors

Alceon Group

Ranked

997^th among 129063 active competitors

Employee Count

312 as on Jun 30, 2026

Investment & Acquisitions

onPlatinum & 9 more

Similar Companies

IBM & 152734 more

Exit Details

Acquired by Advent Partners (Oct 13, 2025)

View EFEX's full profile

EFEX got acquired by Advent Partners on Oct 13, 2025.

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

EFEX has raised funding over 1 round. Its latest funding round was a Seed round on Dec 22, 2021 for $*****. 1 investor participated in its latest round. EFEX has 1 institutional investor.

Here is the list of recent funding rounds of EFEX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 22, 2021	2861598	Seed	3281800	6006783	2195319	9355749

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View details of EFEX's funding rounds and investors

The founders of EFEX is Nick Sheehan.

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

Nick Sheehan: Founder & CEO of EFEX.
Contact Info: 1 email address

View details of EFEX's Founder profiles and Board Members

EFEX's employee count trend

EFEX has 312 employees as of Jun 26. Here is EFEX's employee count trend over the years:

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Top competitors of EFEX include IBM, Hewlett Packard Enterprise and Mindtree. Here is the list of Top 10 competitors of EFEX, 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	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 2 others	78/100
3rd	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Capital Group ... & 9 others	78/100
4th	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
5th	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
6th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	75/100
7th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	EQT, CPP Investments & 8 others	73/100
8th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
9th	Valtech 1993, Paris (France), Acquired	Provider of diversified application development, IT consulting, and digital transformation services	-	Verlinvest, Kharis Capital & 3 others	73/100
10th	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
997th	EFEX 2013, Sydney (Australia), Acquired	Provider of IT service suite solutions	-	Alceon Group	42/100

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EFEX has not made any investments yet. EFEX has made 10 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 30, 2026	Acquisition	onPlatinum	2012	Robina (Australia)
Jun 25, 2026	Acquisition	Crowd IT	2020	Melbourne (Australia)
Feb 11, 2026	Acquisition	Compusult	1996	Shepparton (Australia)