When was SapphireIMS founded?

SapphireIMS was founded in 2007 and raised its 1st funding round within a year of its incorporation.

Where is SapphireIMS located?

SapphireIMS is headquartered in Bengaluru, India. It is registered at No.17, Srinidhi Towers, 2nd Floor Bannerghatta Road, J.P.Nagar 3rd Phase, Bangalore, Bengaluru, Karnataka, India, 560078.

Which legal entities is SapphireIMS associated with?

SapphireIMS is associated with TECKNODREAMS SOFTWARE CONSULTING PRIVATE LIMITED.

How many employees does SapphireIMS have?

As of Jun 30, 2026, the latest employee count at SapphireIMS is 86.

Is SapphireIMS a funded company?

SapphireIMS is a funded company, having raised a total of $69.9K across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Nov 29, 2007.

How much is SapphireIMS worth?

The latest valuation of SapphireIMS is $***** as of Sep 20, 2022.

When was the latest funding round of SapphireIMS?

SapphireIMS's latest funding was a $***** Seed round on Sep 20, 2022, with participation from 1 investor.

What is the annual revenue of SapphireIMS?

Annual revenue of SapphireIMS is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does SapphireIMS rank among its competitors?

SapphireIMS ranks 25th amongst 124 active competitors, of which 15 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was NinjaOne, which secured $400M in Jun, 2026.

Who are the top competitors of SapphireIMS?

SapphireIMS's top competitors include ServiceNow, SolarWinds and BMC Software. Among them, NinjaOne secured the most recent funding round in June, 2026.

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

SapphireIMS is a seed company based in Bengaluru (India), founded in 2007 by Shafi Ahamed. It operates as a Provider of Unified IT operations solution. SapphireIMS has raised $69.9K in funding from Capitar Ventures, with a current valuation of $*****. The company has 124 active competitors, including 15 funded and 15 that have exited. Its top competitors include companies like ServiceNow, SolarWinds and BMC Software.

Company Details

SapphireIMS is a web based suite for IT asset management, service management, IT automation, and IT Infrastructure monitoring. The suite consists of modules for hardware and software asset management, IT service management, inventory and compliance management, service automation, and business service monitoring.

Website: sapphireims.com
Social
Email ID: *****@sapphireims.com
Phone Number: +91 **********
Registered Address: No.17, Srinidhi Towers, 2nd Floor Bannerghatta Road, J.P.Nagar 3rd Phase, Bangalore, Bengaluru, Karnataka, India, 560078

Key Metrics

Founded Year

2007

Location

Bengaluru, India

Stage

Seed

Total Funding

$69.9K in 3 rounds

Latest Funding Round

Seed, Sep 20, 2022, $*****

Post Money Valuation

$***** as on Sep 20, 2022

Investors

Capitar Ventures & 29 more

Ranked

25^th among 124 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

86 as on Jun 30, 2026

Similar Companies

ServiceNow & 90 more

View SapphireIMS's full profile

SapphireIMS is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TECKNODREAMS SOFTWARE CONSULTING PRIVATE LIMITED CIN: U72900KA2002PTC031058 , India, Active	Sep 27, 2002	₹10 - ₹50 Cr (As on Mar 31, 2025)	269 (As on Apr 30, 2023)

SapphireIMS has raised a total funding of $69.9K over 3 rounds. Its first funding round was on Nov 29, 2007. Its latest funding round was a Seed round on Sep 20, 2022 for $*****. 1 investor participated in its latest round. SapphireIMS has 1 institutional investor and 29 angel investors.

Here is the list of recent funding rounds of SapphireIMS:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 20, 2022	3960691	Seed	7107149	9268556	1115229	2145355
Nov 27, 2008	4875051	Angel	4958381	4588411	2716356	9085919
Nov 29, 2007	8733961	Angel	9773033	3137075	Uma Vejendla	Ramprashanth Palanki

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View details of SapphireIMS's funding rounds and investors

The founders of SapphireIMS is Shafi Ahamed.

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

Shafi Ahamed: Co-Founder & CEO of SapphireIMS.

View details of SapphireIMS's Founder profiles and Board Members

SapphireIMS's employee count trend

SapphireIMS has 86 employees as of Jun 26. Here is SapphireIMS's employee count trend over the years:

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Top competitors of SapphireIMS include ServiceNow, SolarWinds and BMC Software. Here is the list of Top 10 competitors of SapphireIMS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ServiceNow 2004, Santa Clara (United States), Public	Cloud based platform offering unified IT management software	$83.7M	JMI Management, Sequoia Capital & 9 others	83/100
2nd	SolarWinds 1999, Austin (United States), Acquired	Provider of IT management, database management, and observability software solutions	$105M	Austin Ventures, ADS Ventures & 12 others	74/100
3rd	BMC Software 1980, Houston (United States), Acquired	Cloud based unified IT management software firm	-	Access Industries, Saratoga Investment & 8 others	70/100
4th	NinjaOne 2013, Austin (United States), Series C	Provider of unified endpoint management and IT operations software solutions	$1.18B	Iconiq Capital, CapitalG & 12 others	69/100
5th	Veritas Technologies 1983, Santa Clara (United States), Acquired	Provider of data management and cyber resilience solutions for enterprises	$18.6M	Point Financial, Thecarlylegroup.fr & 9 others	67/100
6th	ManageEngine 1995, Pleasanton (United States), Funding Raised	Developer of IT operations, cybersecurity, and service management software solutions	-	Randvest Capital	65/100
7th	Electric AI 2016, New York (United States), Series D	IT management software company	$211M	Greenspring Associates, Notable Capital & 22 others	64/100
8th	Resolve 2014, Campbell (United States), Series B	Developer of an agentic automation and orchestration platform for IT	$15.6M	Venture Catalysts, Solis Capital Partners ... & 2 others	57/100
9th	Metaplane 2020, Boston (United States), Acquired	Provider of a data observability platform for modern data teams	$23M	Felicis Ventures, Khosla Ventures & 11 others	54/100
10th	Accedian 2004, Montreal (Canada), Acquired	Cloud based platform offering unified IT management solutions	$31M	Summit Partners, Rho Canada Partners & 6 others	52/100
25th	SapphireIMS 2007, Bengaluru (India), Seed	Provider of Unified IT operations solution	$69.9K	Capitar Ventures & 29 others	34/100

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Founders (largest shareholder) own 71.93%, Enterprises own 1.51%, Angels own 8.07% and Other People own 18.49%. The net worth of SapphireIMS's founders is INR 4.53Cr as of Sep 20, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	71.93%	4.53Cr	2070314	9140889	6653008	4570701
Shafi Ahamed	2207322	9699212	5318499	1684282	1586329	4241514
Enterprise	1.51%	9.54L	3	2	3	3
Angel	8.07%	50.7L	5549708	5502006	1102417	1374550
Wilfred Chi Ho Wong	49	13	97	29	75	39
Uma Vejendla	5	2	7	1	8	5
Ramprashanth Palanki	2	1	3	1	2	8
Other People	18.49%	1.16Cr	5043361	8399559	1360650	5280718
Total	100.00%	6.3Cr	4027196	9285935	4126707	2633868