When was Luxoft founded?

Luxoft was founded in 2000 and raised its 1st funding round 12 years after it was founded.

Where is Luxoft located?

Luxoft is headquartered in Zug, Switzerland. It is registered at ROYAL PAVILION,WELLESLEY ROAD,ALDERSHOT,ENGLAND,GU11 1PZ.

How many employees does Luxoft have?

As of May 31, 2026, the latest employee count at Luxoft is 15452.

Is Luxoft a funded company?

Luxoft is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Jun 2012.

How much is Luxoft worth?

The last known valuation of Luxoft was $***** as of Jan 07, 2019.

When was the latest funding round of Luxoft?

Luxoft's latest funding was a $***** Grant (prize money) round on Apr 05, 2017, with participation from 1 investor.

What is the annual revenue of Luxoft?

Annual revenue of Luxoft is £40.1M as on Mar 31, 2024.

Where does Luxoft rank among its competitors?

Luxoft ranks 292nd amongst 134363 active competitors, of which 1052 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 Luxoft?

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

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

Q: Is Luxoft an acquired company?

Luxoft got acquired by DXC on Jan 07, 2019.

Company Details

Luxoft Holding (NYSE:LXFT) is a provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations with domain expertise in the finance, telecom, energy, automotive, travel and aviation industries. Some of its customers include Boeing, IBM, Deutsche Bank, UBS, Harman, Avaya, Alstom, Sabre, Ford, Hotwire etc. Ranked #18 in the ‘Top 100’ by the International Association of Outsourcing Professionals. Has over 130 clients, 30 offices, 27 delivery centers in 16 countries, 5 continents

Website: www.luxoft.com/
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Registered Address: ROYAL PAVILION,WELLESLEY ROAD,ALDERSHOT,ENGLAND,GU11 1PZ

Key Metrics

Founded Year

2000

Location

Zug, Switzerland

Stage

Acquired

Latest Funding Round

Grant (prize money), Apr 05, 2017, $*****

Last Known Valuation

$***** as on Jan 07, 2019

Investors

VTB Capital Investment Management & 1 more

Ranked

292^nd among 134363 active competitors

Annual Revenue

£40.1M as on Mar 31, 2024

Employee Count

15,452 as on May 31, 2026

Investment & Acquisitions

CMORE Automotive GmbH & 9 more

Similar Companies

IBM & 158223 more

Exit Details

Acquired by DXC (Jan 07, 2019)

View Luxoft's full profile

Luxoft is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Luxoft India Llp CIN: AAI-9932 , India, Active	Mar 29, 2017	-	-
LUXOFT UK LIMITED CIN: 4965442 , United Kingdom, Active	Nov 16, 2003	$50.4M (As on Mar 31, 2024)	170 (As on Mar 31, 2022)
LUXOFT FINANCIAL SERVICES UK LIMITED CIN: 4239587 , United Kingdom, Active	Jun 21, 2001	$89.5M (As on Mar 31, 2022)	156 (As on Mar 31, 2022)

Luxoft got acquired by DXC on Jan 07, 2019 at an acquisition amount of $*****.

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

Luxoft has raised funding over 2 rounds. Its first funding round was on Jun 2012. Its latest funding round was a Grant (prize money) round on Apr 05, 2017 for $*****. 1 investor participated in its latest round. Luxoft has 2 institutional investors.

Here is the list of recent funding rounds of Luxoft:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 05, 2017	2701397	Grant (prize money)	2412589	7534542	2424574	8167462
Jun 2012	9456363	PE	8250251	4174531	3429706	VTB Capital Investment Management

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Luxoft's employee count trend

Luxoft has 15,452 employees as of May 26. Here is Luxoft's employee count trend over the years:

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Top competitors of Luxoft include IBM, UST and Hewlett Packard Enterprise. Here is the list of Top 10 competitors of Luxoft, 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
292nd	Luxoft 2000, Zug (Switzerland), Acquired	Outsourcing Services	-	VTB Capital Investment Management, Europa	53/100

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Luxoft has not made any investments yet. Luxoft 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
Mar 05, 2020	Acquisition	CMORE Automotive GmbH	2011	Lindau (Germany)
Aug 07, 2018	Acquisition	Objective	1998	Munich (Germany)
Jun 18, 2018	Acquisition	Smashing Ideas	1996	Seattle (United States)