When was MathCo founded?

MathCo was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is MathCo located?

MathCo is headquartered in Bengaluru, India.

Who is the current CEO of MathCo?

Sayandeb Banerjee of MathCo. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is MathCo associated with?

MathCo is associated with THEMATHCOMPANY PRIVATE LIMITED and 1 other.

How many employees does MathCo have?

As of Apr 30, 2025, the latest employee count at MathCo is 1163.

Is MathCo a funded company?

MathCo is a funded company, having raised a total of $56.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 06, 2019.

How much is MathCo worth?

The latest valuation of MathCo is $***** as of Jan 10, 2022.

When was the latest funding round of MathCo?

MathCo's latest funding was a $***** Series A round on Jan 10, 2022, with participation from 3 investors. Its primary sector is Big Data Analytics. In India, the Big Data Analytics sector has seen $45.7M in funding in 2026 to date.

What is the annual revenue of MathCo?

Annual revenue of MathCo is between ₹500 Cr and ₹1,000 Cr as on Mar 31, 2025

Where does MathCo rank among its competitors?

MathCo ranks 31st amongst 1878 active competitors, of which 289 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Databricks, which secured $5B in Jul, 2026.

Who are the top competitors of MathCo?

MathCo's top competitors include Databricks, data.ai and Altair. Among them, Databricks secured the most recent funding round in July, 2026.

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

Company Details

Provider of enterprise AI and analytics services. It offers a range of services, include Cloud Engineering, Data & Enterprise BI Migration, MLOps, Data as a Service, Data Operations & Governance, Predictive & Statistical Modeling, Strategy & Roadmap Design, Optimization Systems, and Enterprise Data Management.

Website: mathco.com
Social
Phone Number: +91 **********

Key Metrics

Founded Year

2016

Location

Bengaluru, India

Stage

Series A

Total Funding

$56.4M in 3 rounds

Latest Funding Round

Series A, Jan 10, 2022, $*****

Post Money Valuation

$***** as on Jan 10, 2022

Investors

Patni Financial Advisors & 7 more

Ranked

31^st among 1878 active competitors

Annual Revenue

₹500 - ₹1,000 Cr as on Mar 31, 2025

Employee Count

1,163 as on Apr 30, 2025

Similar Companies

Databricks & 564 more

View MathCo's full profile

MathCo is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
THEMATHCOMPANY CIN: 352618445 , United States, Active	Dec 31, 1999	-	115 (As on Dec 31, 2024)	-
THEMATHCOMPANY PRIVATE LIMITED CIN: U74999KA2016PTC096027 , India, Active	Aug 26, 2016	₹500 - ₹1,000 Cr (As on Mar 31, 2025)	1476 (As on Mar 01, 2026)

MathCo has raised a total funding of $56.4M over 3 rounds. Its first funding round was on May 06, 2019. Its latest funding round was a Series A round on Jan 10, 2022 for $*****. 3 investors participated in its latest round. MathCo has 6 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of MathCo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 10, 2022	7744440	Series A	9283145	4401187	5932396	8222335
Jan 08, 2020	7844051	Series A	8502279	3661408	8836544	Patni Wealth Advisors
May 06, 2019	4164963	Series A	3149696	9410592	Patni Financial Advisors	Patni Wealth Advisors

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View details of MathCo's funding rounds and investors

The founders of MathCo are Sayandeb Banerjee, Anuj Krishna Mandayam and Aditya Kumbakonam. Sayandeb Banerjee is the CEO of MathCo.

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

Sayandeb Banerjee: Co-Founder & CEO of MathCo and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 2 phone numbers
Anuj Krishna Mandayam: Co-Founder & President - Technology & Growth of MathCo and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number
Aditya Kumbakonam: Co-Founder - Chief Revenue & Operating Officer of MathCo and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number

MathCo's Board of Directors

MathCo's board has 6 active members. Sayandeb Banerjee, Anuj Krishna Mandayam, Aditya Kumbakonam and Usman Hameed Rabbani are part of team and Arihant Patni . and NV Tyagarajan are independent board members.

Here is the list of MathCo's board of directors:

Name	Type	Representing	Status	Duration
Sayandeb Banerjee	Team	-	Current	10y 0m
Anuj Krishna Mandayam	Team	-	Current	10y 1m
Aditya Kumbakonam	Team	-	Current	10y 1m
Usman Hameed Rabbani	Investor	-	Current	1y 7m
Arihant Patni .	Independent board member	-	Current	7y 2m
yisyxvw	Independent board member	-	Current	7y 8m

View details of MathCo's Founder profiles and Board Members

MathCo's employee count trend

MathCo has 1,163 employees as of Apr 25. Here is MathCo's employee count trend over the years:

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Top competitors of MathCo include Databricks, data.ai and Altair. Here is the list of Top 10 competitors of MathCo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Databricks 2013, San Francisco (United States), Series L	Provider of a unified data and AI platform for building and managing analytical and operational workloads	$25.2B	Andreessen Horowitz, Insight Partners & 127 others	84/100
2nd	data.ai 2010, San Francisco (United States), Acquired	AI based market data analysis for generating consumer insights	$157M	Greycroft, Sequoia Capital & 16 others	82/100
3rd	Altair 1985, Troy (United States), Acquired	Provider of enterprise software for simulation, data analytics, AI, and HPC	$35.1M	General Atlantic, Shefa Capital & 3 others	81/100
4th	Alteryx 1997, Irvine (United States), Acquired	Cloud based suite of data analytics solutions	$163M	Insight Partners, Sapphire Ventures & 12 others	77/100
5th	Hightouch 2019, San Francisco (United States), Series D	Provider of an AI-powered marketing and customer data platform	$322M	Bain Capital Ventures, Sapphire Ventures ... & 24 others	75/100
6th	Affle 2005, Singapore (Singapore), Public	Provider of consumer intelligence driven platform for mobile advertising solutions	$10M	D2C, Sohum 9x & 12 others	72/100
7th	Fivetran 2012, Oakland (United States), Series D	Provider of a platform for automated data movement and integration	$730M	Andreessen Horowitz, Y Combinator & 11 others	72/100
8th	QlikTech 1993, Radnor (United States), Acquired	Provider of data integration, data quality, and analytics solutions	$12.5M	Thoma Bravo, ADIA & 6 others	72/100
9th	Domo 2010, American Fork (United States), Public	Provider of an AI and data products platform for businesses	$730M	BlackRock, IVP & 37 others	71/100
10th	Virtualitics 2016, Pasadena (United States), Series C	AI-driven platforms and applications for data analysis and optimization	$73.8M	https://northsoundpartners.com, The Venture Reality Fund ... & 7 others	71/100
31st	MathCo 2016, Bengaluru (India), Series A	Provider of enterprise AI and analytics services	$56.4M	Brighton Park Capital, Patni Wealth Advisors ... & 6 others	63/100

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Founders (largest shareholder) own 65.31%, Funds own 26.07% and ESOP Pool own 8.62%. The net worth of MathCo's founders is INR 1,530Cr as of Jan 10, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	65.31%	1,530Cr	5729653	1842837	8047466	9899548
Sayandeb Banerjee	9489192	6279321	8987886	4167288	8725396	4966963
Anuj Krishna Mandayam	9326896	1036620	3412606	6816376	3092730	6000905
Aditya Kumbakonam	6958235	5004617	6645208	4761368	5348526	8427032
Fund	26.07%	612Cr	8255745	7640211	6700934	9278267
Patni Financial Advisors	6692565	7890716	4781962	1609082	2716808	3949832
ESOP Pool	8.62%	202Cr	1483897	4520193	1040938	2790994
Total	100.00%	2,350Cr	1856824	2607414	1171598	4733246