When was Proventeq founded?

Proventeq was founded in 2007 and raised its 1st funding round 17 years after it was founded.

Where is Proventeq located?

Proventeq is headquartered in Reading, United Kingdom. It is registered at READING ENTERPRISE CENTRE,WHITEKNIGHTS ROAD,READING,BERKSHIRE,ENGLAND,RG6 6BU.

Who is the current CEO of Proventeq?

Nitin Mahajan of Proventeq. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Proventeq have?

As of May 31, 2026, the latest employee count at Proventeq is 90.

Is Proventeq a funded company?

Proventeq is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Nov 14, 2024.

When was the latest funding round of Proventeq?

Proventeq's latest funding was a $***** PE round on Nov 14, 2024, with participation from 1 investor.

Where does Proventeq rank among its competitors?

Proventeq ranks 1548th amongst 16110 active competitors, of which 373 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Proventeq, which secured an undisclosed amount in Nov, 2024.

Who are the top competitors of Proventeq?

Proventeq's top competitors include UST, Fractal Analytics and GirnarSOFT. Among them, Proventeq secured the most recent funding round in November, 2024.

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

Company Details

Website: www.proventeq.com/
Social
Email ID: *****@proventeq.com
Registered Address: READING ENTERPRISE CENTRE,WHITEKNIGHTS ROAD,READING,BERKSHIRE,ENGLAND,RG6 6BU

Key Metrics

Founded Year

2007

Location

Reading, United Kingdom

Stage

Late Stage

Latest Funding Round

PE, Nov 14, 2024, $*****

Investors

BGF & 1 more

Ranked

1548^th among 16110 active competitors

Employee Count

90 as on May 31, 2026

Similar Companies

UST & 16662 more

View Proventeq's full profile

Proventeq is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PROVENTEQ INDIA PRIVATE LIMITED CIN: U72900PN2009PTC134496 , India, Active	Aug 17, 2009	$0 - $1M (As on Mar 31, 2025)	38 (As on Mar 31, 2024)
PROVENTEQ LIMITED CIN: 6358081 , United Kingdom, Active	Aug 30, 2007	-	32 (As on Aug 31, 2024)

Proventeq has raised funding over 1 round. Its latest funding round was a PE round on Nov 14, 2024 for $*****. 1 investor participated in its latest round. Proventeq has 2 institutional investors.

Here is the list of recent funding rounds of Proventeq:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 14, 2024	7685156	PE	6118859	6112983	6511296	3067792

Access funding benchmarks and valuations. Sign up today!

View details of Proventeq's funding rounds and investors

The founders of Proventeq is Nitin Mahajan. Nitin Mahajan is the CEO of Proventeq.

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

Nitin Mahajan: Founder and CEO of Proventeq. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of Proventeq's Founder profiles and Board Members

Proventeq's employee count trend

Proventeq has 90 employees as of May 26. Here is Proventeq's employee count trend over the years:

Uncover Proventeq's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Proventeq include UST, Fractal Analytics and GirnarSOFT. Here is the list of Top 10 competitors of Proventeq, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	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
2nd	Fractal Analytics 2000, New York City (United States), Public	Provider of enterprise artificial intelligence solutions across multiple industries	$325M	Apax, Khazanah Nasional Berhad & 22 others	78/100
3rd	GirnarSOFT 2007, Jaipur (India), Series E	Provider of website, web & mobile application development, BI, and digital marketing services	$620M	Peak XV Partners, Hillhouse & 40 others	77/100
4th	EXL 1999, New York City (United States), Public	Provider of analytics and digital solutions	$10M	TCV, FTV Capital & 3 others	77/100
5th	Happiest Minds 2011, Bengaluru (India), Public	Provider of IT suite services	$64.8M	Canaan, Trident Trust & 40 others	76/100
6th	Infosys 1981, Bengaluru (India), Public	Provider of digital marketing, data analytics, and IT services	-	Nepean Capital, Seaside Private Capital & 1 others	75/100
7th	EPAM 1993, Newtown (United States), Public	Provider of software development, data analytics, and other IT suite services	$50M	Merifin Capital, RTP Global & 8 others	74/100
8th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
9th	Thoughtworks 1993, Chicago (United States), Public	Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors	$748M	Mubadala, GIC & 6 others	72/100
10th	GlobalLogic 2000, San Jose (United States), Acquired	Software product development company	$1.09B	CPP Investments, Partners Group & 9 others	70/100
1548th	Proventeq 2007, Reading (United Kingdom), Late Stage	Provider of cloud transformation, process automation, and other related services	-	BGF, In5	27/100