Eka - About the company
Eka is an acquired company based in Norwalk (United States), founded in 2004 by Manav Garg. It operates as an AI powered procurement management and analytics solutions. Eka has raised $56.8M in funding from investors like Nexus Venture Partners, Silver Lake and GP Group. The company has 1801 active competitors, including 288 funded and 146 that have exited. Its top competitors include companies like Databricks, Palantir and Altair.
Company Details
AI powered procurement management and analytics solutions. The platform integrates data from different sources to provide insights for decision making. It analyzes the historical data to predict the outcomes for the supply chain industry. Its offering include risk analytics, procurement management, management of trading, invoicing, documentation, compliance, finance and logistics, digital twins for warehouse management, tracking for yard management, supply chain visibility, and goods tracking.
- Website
- eka1.com
- Registered Address
- New York, New York
Key Metrics
Founded Year
2004
Location
Norwalk, United States
Stage
Acquired
Total Funding
$56.8M in 3 rounds
Latest Funding Round
Investors
Ranked
77th among 1801 active competitors
Employee Count
339 as on Apr 30, 2026
Exit Details
Acquired by STG (Apr 08, 2024)
Legal entities associated with Eka
Eka is associated with 8 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SYBEX PTE. LTD. CIN: 202111258G , Singapore, Active | Mar 29, 2021 | - | - | |
Eka Software Pvt limited CIN: BGBNG0041420000 , Belgium, Active | Aug 03, 2004 | - | 417 (As on Jul 31, 2022) | - |
EKA SOFTWARE SOLUTIONS LIMITED CIN: 10108408 , United Kingdom, Active | Apr 06, 2016 | $1M - $10M (As on Mar 31, 2020) | 1 (As on Mar 31, 2023) | |
EKA USA, INC. CIN: 320313951 , United States, Active | Dec 31, 1999 | - | 4 (As on Dec 31, 2024) | - |
EKA SOFTWARE SOLUTIONS PRIVATE LIMITED CIN: U72200KA2004PTC034432 , India, Active | Aug 04, 2004 | $10M - $50M (As on Mar 31, 2025) | 169 (As on Oct 31, 2024) | |
EKA ANALYTICS PRIVATE LIMITED CIN: U74999KA2016PTC092880 , India, Amalgamated | May 04, 2016 | $1M - $10M (As on Mar 31, 2018) | - | |
EKA SOFTWARE SOLUTIONS INC. CIN: 32-0313951 , United States, Active | Jul 06, 2020 | - | 2 (As on Dec 31, 2023) | - |
EKA SOFTWARE SOLUTIONS PTE. LTD. CIN: 199405165E , Singapore, Active | Dec 31, 2003 | - | - |
Eka's acquisition details
Eka got acquired by STG on Apr 08, 2024.
Click here to take a look at Eka's acquisition in detail
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Eka's funding and investors
Eka has raised a total funding of $56.8M over 3 rounds. Its first funding round was on 2005. Its latest funding round was a Series C round on Oct 15, 2013 for $*****. 2 investors participated in its latest round. Eka has 3 institutional investors.
Here is the list of recent funding rounds of Eka:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 15, 2013 | 8405432 | Series C | 9019556 | 1340200 | 5940581 | 3029187 |
Oct 07, 2009 | 4363840 | Series B | 7239789 | 9371209 | 6570771 | 1532574 |
2005 | 6978 | Series A | 5822 | 2587 | 9009 |
View details of Eka's funding rounds and investors
Eka's founders and board of directors
Founder? Claim ProfileThe founders of Eka is Manav Garg. Manav Garg is the CEO of Eka.
Here are the details of Eka's key team members:
- Manav Garg: Founder & CEO of Eka. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of Eka's Founder profiles and Board Members
Eka's employee count trend
Eka has 339 employees as of Apr 26. Here is Eka's employee count trend over the years:
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Eka's Competitors and alternates
Top competitors of Eka include Databricks, Palantir and Altair. Here is the list of Top 10 competitors of Eka, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Databricks 2013, San Francisco (United States), Series K | Provider of a unified platform for data analytics and artificial intelligence | $20.2B | 83/100 | |
2nd | Palantir 2003, Denver (United States), Public | Platform that provides data analysis and management solutions | $2.46B | 83/100 | |
3rd | Altair 1985, Troy (United States), Acquired | Provider of enterprise software for simulation, data analytics, AI, and HPC | $35.1M | 82/100 | |
4th | Blue Yonder 1985, Scottsdale (United States), Acquired | Provider of cloud-based supply chain management, planning, and execution solutions | $800M | 77/100 | |
5th | Anaplan 2006, San Francisco (United States), Acquired | Provider of cloud-based platform for scenario planning, analysis, and reporting | $300M | 77/100 | |
6th | C3 AI 2009, Redwood City (United States), Public | Cloud based AI application development platform | $481M | 71/100 | |
7th | Virtualitics 2016, Pasadena (United States), Series C | AI-driven platforms and applications for data analysis and optimization | $73.8M | 70/100 | |
8th | ThoughtSpot 2012, San Jose (United States), Series F | Provider of an agentic analytics platform delivering insights from various data | $674M | 70/100 | |
9th | GoodData 2007, San Francisco (United States), Series E | Provider of a data intelligence platform for building agentic applications | $125M | 70/100 | |
10th | Manhattan Associates 1990, Atlanta (United States), Public | Developer of software solutions for retail, supply chain, and related industries | - | 67/100 | |
77th | Eka 2004, Norwalk (United States), Acquired | AI powered procurement management and analytics solutions | $56.8M | 52/100 |
Looking for more details on Eka's competitors? Click here to see the top ones
Eka's Investments and acquisitions
Eka has made 1 investments in companies including MatrixGroup. Eka has also acquired 3 companies including Trxiea and Matrix Group.Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 23, 2021 | Acquisition | 2018 | Bengaluru (India) | |
Jul 16, 2013 | Investments | 2000 | Adelaide (Australia) | |
Jul 16, 2013 | Acquisition | 2023 | Newington (Australia) |
See all acquisitions by Eka
News related to Eka
•
AI paralegal startup Jhana raises $1.6 Mn in seed roundEntrackr•Sep 24, 2024•Jhana, Together, Razorpay, Z Fellows and 2 others
•
NDA Represents EKA Software Solutions Its ShareholdersBW Businessworld•Apr 16, 2024•STG, Eka, Nishith Desai Associates
•
Us-based Stg Acquires Eka Software, Merges It With Portfolio Company QuorInc42•Apr 08, 2024•STG, Eka, Quor
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Eka completes 23 new customer implementations, strengthens focus on customer success in 2022PR Newswire•Mar 22, 2023•Eka
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Mewah Group chooses Eka to improve its sustainability reportingPR Newswire•May 04, 2022•Mewah Group, Eka
•
EKA partners Log9 Materials for fast-charging battery solutionsAutocar Professional•Apr 12, 2022•Log9, EKA, Eka, Pinnacle Industries
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Eka collaborates with Microsoft to drive sustainability in global enterprisesPR Newswire•Feb 16, 2022•Eka, Microsoft
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