Movate - About the company
Movate is an acquired company based in Plano (United States), founded in 1996 by Eddy Calicoy. It operates as a Provider of IT suite services. Movate has raised $77.5M in funding from investors like Morgan Stanley, Goldman Sachs and Startek, with last known valuation of $*****. The company has 160976 active competitors, including 1116 funded and 8779 that have exited. Its top competitors include companies like IBM, UST and Infosys.
Company Details
Provider of IT suite services. It offers a wide range of services like digital transformation, application development, AI, automation, data analytics, cloud, networking, cyber security, support, and customer success management. It has evolved into a human-centered, innovation-driven organization that empowers businesses to accelerate digital transformation, enhance customer engagement, and achieve exceptional operational outcomes.
- Website
- www.movate.com/
- Social
- Email ID
- *****@movate.com
- Registered Address
- Milpitas, California
Key Metrics
Founded Year
1996
Location
Plano, United States
Stage
Acquired
Total Funding
$77.5M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 23, 2013
Investors
Ranked
85th among 160976 active competitors
Employee Count
13,387 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Capital Square Partners (Feb 25, 2021)
Legal entities associated with Movate
Movate is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Movate Belgium CIN: 0645.868.065 , Belgium, Active | Jan 12, 2016 | - | - | - |
MOVATE INC. CIN: 6672072 , United States, Active | Dec 19, 2022 | - | 390 (As on Dec 31, 2023) | - |
MOVATE TECHNOLOGIES PRIVATE LIMITED CIN: U72900TN2000PTC115034 , India, Active | Jul 25, 2000 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 6827 (As on Apr 01, 2026) | |
MOVATE UK LIMITED CIN: 4307327 , United Kingdom, Active | Oct 17, 2001 | £1M - £10M (As on Mar 31, 2025) | 7 (As on Mar 31, 2025) | |
SLASH SUPPORT D/B/A CSS CORPORATION CIN: 912006027 , Belgium, Active | Dec 26, 999 | - | 270 (As on Dec 31, 2020) | - |
Movate's acquisition details
Movate got acquired by Capital Square Partners on Feb 25, 2021.
Click here to take a look at Movate's acquisition in detail
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Movate's funding and investors
Movate has raised a total funding of $77.5M over 5 rounds. Its first funding round was on 2006. Its latest funding round was a Conventional Debt round on Jul 07, 2021 for $*****. 2 investors participated in its latest round. Movate has 10 institutional investors.
Here is the list of recent funding rounds of Movate:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 07, 2021 | 3320581 | Conventional Debt | 7691646 | 9316652 | 5151977 | 8415339 |
Jul 07, 2021 | 1288678 | Series C | 1341779 | 1319559 | 3821368 | 4230304 |
Feb 25, 2021 | 7606583 | Series C | 4847423 | 6645417 | 9271525 |
Access funding benchmarks and valuations. Sign up today!View details of Movate's funding rounds and investors
Movate's founders and board of directors
Founder? Claim ProfileThe founders of Movate is Eddy Calicoy. Sunil Mittal is the CEO of Movate.
Here are the details of Movate's key team members:
- Eddy Calicoy: Founder / CEO of Movate.
- Sunil Mittal: CEO of Movate. Contact Info: 1 email address
Movate's Board of Directors
Movate's board has 1 active member. Manee Rajkumar is independent board member.Here is the list of Movate's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 1y 11m |
View details of Movate's Founder profiles and Board Members
Movate's employee count trend
Movate has 13,387 employees as of Sep 26. Here is Movate's employee count trend over the years:
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Movate's Competitors and alternates
Top competitors of Movate include IBM, UST and Infosys. Here is the list of Top 10 competitors of Movate, ranked by Tracxn score:
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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 | - | 77/100 | |
2nd | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
3rd | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
4th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 74/100 | |
5th |  Deloitte 1845, London (United Kingdom), Series B | Provider of audit, consulting, financial advisory, risk management, and tax services | $21.4M | 74/100 | |
6th |  Happiest Minds Technologies 2011, Bengaluru (India), Public | Provider of IT suite services | $64.8M | 73/100 | |
7th |  Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
8th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
9th | Consulting and implementations company | $23.9M | 73/100 | ||
10th |  EY 1989, London (United Kingdom), Funding Raised | Provider of professional services including assurance, consulting, strategy, transactions, and tax advisory | - | 73/100 | |
85th |  Movate 1996, Plano (United States), Acquired | Provider of IT suite services | $77.5M | 66/100 |
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Movate's Investments and acquisitions
Movate has not made any investments yet. Movate has made 4 acquisitions.Here is the list of latest three $acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 12, 2025 | Acquisition | - | ||
May 20, 2025 | Acquisition | 2017 | Bengaluru (India) | |
Oct 04, 2023 | Acquisition | 1989 | Carmel (United States) |
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Reports related to Movate
Here is the latest report on Movate's geography:
News related to Movate
Filter this listMedia has covered Movate for a total of 8 events in the last 1 year, 7 of them have been about partnerships.
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Movate and MelodyArc Announce Applied AI Partnership to Transform CX Operations with AI-Powered Workflow OrchestrationThe Tribune•Jun 24, 2026•Movate, MelodyArc
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Movate and Leena AI Partner to Advance AI-Led Employee ExperienceMedia Bulletins•Jun 02, 2026•Movate, Leena AI
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Movate and Kahuna Labs Partner on AI-Driven Technical SupportThe Tribune•Mar 09, 2026•Kahuna Labs, Movate
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Movate and Kahuna Labs Partner to Underwrite the Future of Technical Support with AI-Driven OutcomesMedia Bulletins•Mar 09, 2026•Kahuna Labs, Movate
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Movate and Krisp Partner for AI-Powered CX DeliveryThe Tribune•Jan 28, 2026•Movate, Krisp Technologies
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Movate Acquires Solomo to Strengthen Salesforce, AI Capabilities in HealthcareThe Tribune•Dec 12, 2025•Solomo, Movate
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Movate and Alcatel-Lucent Enterprise Partner to Accelerate AI-Driven Digital TransformationPR Newswire•May 27, 2025•Movate, Alcatel-Lucent Enterprise
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