When was Sagitec founded?

Sagitec was founded in 2004 and raised its 1st funding round 16 years after it was founded.

Where is Sagitec located?

Sagitec is headquartered in Saint Paul, United States. It is registered at Little Canada, Minnesota.

How many employees does Sagitec have?

As of Jan 05, 2026, the latest employee count at Sagitec is 1311.

Is Sagitec a funded company?

Sagitec is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Apr 28, 2020.

When was the latest funding round of Sagitec?

Sagitec's latest funding was a $***** Conventional Debt round on Apr 28, 2020, with participation from 0 investor.

Where does Sagitec rank among its competitors?

Sagitec ranks 29th amongst 176 active competitors, of which 37 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Artificial Labs, which secured $45M in Feb, 2026.

Who are the top competitors of Sagitec?

Sagitec's top competitors include CollectiveHealth, Smart Pension and Artificial Labs. Among them, Artificial Labs secured the most recent funding round in February, 2026.

Sagitec - 2026 Company Profile, Team, Funding & Competitors

Sagitec is a funded company based in Saint Paul (United States), founded in 2004 by Deepak Ahuja, Bala Venkat, Ranjith Kotcherlakota and Rick Deshler. It operates as a Pension administration & unemployment insurance software provider. Sagitec has raised an undisclosed amount in funding. The company has 176 active competitors, including 37 funded and 26 that have exited. Its top competitors include companies like CollectiveHealth, Smart Pension and Artificial Labs.

Company Details

Sagitec offers software solutions for pension administration and unemployment insurance. The company delivers tailor-made pension, provident fund, unemployment insurance, and healthcare and life sciences software solutions to clients of different industries. Also offers services such as project management, training, change management, etc.

Website: www.sagitec.com/en-us/
Social
Email ID: *****@sagitec.com
Phone Number: +1 **********
Registered Address: Little Canada, Minnesota

Key Metrics

Founded Year

2004

Location

Saint Paul, United States

Stage

Funding Raised

Latest Funding Round

Conventional Debt, Apr 28, 2020, $*****

Investors

KIC Ventures

Ranked

29^th among 176 active competitors

Employee Count

1,311 as on Jan 05, 2026

Investment & Acquisitions

Metta Social & 1 more

Similar Companies

CollectiveHealth & 203 more

View Sagitec's full profile

Sagitec is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SAGITEC SOLUTIONS LLC CIN: 200970684 , United States, Active	Dec 31, 1999	-	389 (As on Dec 31, 2024)	-
SAGITEC SOLUTIONS PRIVATE LIMITED CIN: U72100PN2005PTC129600 , India, Active	Oct 17, 2005	$13.1M (As on Mar 31, 2025)	523 (As on Sep 30, 2024)
WESTSIDE IT SOLUTIONS PRIVATE LIMITED CIN: U72900PN2006PTC157610 , India, Active	Dec 13, 2006	$4M (As on Mar 31, 2025)	189 (As on Mar 31, 2024)

Sagitec has raised funding over 1 round. Sagitec has 1 institutional investor.

Here is the list of recent funding rounds of Sagitec:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 28, 2020	4008067	Conventional Debt	8772753	8908354	6014495	2991509

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View details of Sagitec's funding rounds and investors

The founders of Sagitec are Deepak Ahuja, Bala Venkat, Ranjith Kotcherlakota and Rick Deshler. Piyush Jain is the CEO of Sagitec.

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

Deepak Ahuja: Co-Founder of Sagitec. They are also an angel investor in 3 startups and serve on the board of 1 company.
Contact Info: 1 email address
Bala Venkat: Co-Founder & Partner of Sagitec.
Contact Info: 1 email address
Ranjith Kotcherlakota: Co-Founder of Sagitec.
Contact Info: 1 email address
Rick Deshler: Co-Founder & Partner of Sagitec.
Contact Info: 1 email address
Piyush Jain: CEO of Sagitec.
Contact Info: 1 email address

View details of Sagitec's Founder profiles and Board Members

Sagitec's employee count trend

Sagitec has 1,311 employees as of Jan 26. Here is Sagitec's employee count trend over the years:

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Top competitors of Sagitec include CollectiveHealth, Smart Pension and Artificial Labs. Here is the list of Top 10 competitors of Sagitec, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CollectiveHealth 2013, San Francisco (United States), Series F	Cloud-based self-insurance platform for employers to sponsor their employees	$714M	Founders Fund, Mubadala & 38 others	73/100
2nd	Smart Pension 2014, London (United Kingdom), Series B	Pension management and administration platform for businesses	$22.9M	-	66/100
3rd	Artificial Labs 2013, London (United Kingdom), Series B	Software solutions provider for Insurers	$72.1M	Force Over Mass, Augmentum Fintech & 9 others	62/100
4th	Micruity 2017, Toronto (Canada), Series A	Finance company offering pension management solutions	$34.2M	State Street Global Advisors, SixThirty & 21 others	62/100
5th	Artemis Health 2013, New York City (United States), Acquired	Provider of a SaaS-based employee benefit management platform	$58M	Bessemer Venture Partners, Maverick Ventures ... & 10 others	61/100
6th	Epsor 2018, Gaillon (France), Series C	Cloud-based employee savings platform	$50.2M	Partech Partners, Gaia Capital Partners & 5 others	61/100
7th	401GO 2017, West Jordan (United States), Series B	Online employee benefits administration platform for enterprises	$77.2M	Impression Ventures, Next Frontier Capital ... & 5 others	57/100
8th	Take Command 2014, Dallas (United States), Series B	Online benefit marketplace for employee benefits	$45.6M	Live Oak Ventures, Edison Partners & 6 others	56/100
9th	iJoin 2018, Scottsdale (United States), Acquired	Employee retirement investment planning software provider	$1.6M	-	54/100
10th	CoverSure 2023, Mumbai (India), Seed	Provider of insurance portfolio management, risk calculation, and advisory services	$6.6M	Enam Holdings, Volrado Venture Partners & 1 others	52/100
29th	Sagitec 2004, Saint Paul (United States), Funding Raised	Pension administration & unemployment insurance software provider	-	KIC Ventures	30/100