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Sofigate - About the company

Sofigate is a late stage company based in Espoo (Finland), founded in 2003. It operates as a Provider of IT service suite solutions. Sofigate has raised an undisclosed amount in funding from CapMan and Mandatum Life Insurance. The company has 126126 active competitors, including 965 funded and 7385 that have exited. Its top competitors include companies like IBM, Hewlett Packard Enterprise and Mindtree.

Company Details

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Email ID
*****@sofigate.com
Registered Address
60, Gammel Kongevej, Frederiksberg C, 1850
Key Metrics
Founded Year
2003
Location
Espoo, Finland
Stage
Late Stage
Latest Funding Round
Investors
Ranked
Annual Revenue
$1M - $10M as on Dec 31, 2017
Employee Count
752 as on May 31, 2026
Investment & Acquisitions
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Sofigate's funding and investors

Sofigate has raised funding over 1 round. Its latest funding round was a PE round on May 19, 2021 for $*****. 2 investors participated in its latest round. Sofigate has 2 institutional investors.

Here is the list of recent funding rounds of Sofigate:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 19, 2021
5113092
PE
2592704
3862811
8297474
5921048
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Sofigate's founders and board of directors

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Sofigate's employee count trend

Sofigate has 752 employees as of May 26. Here is Sofigate's employee count trend over the years:
Employee count trend for Sofigate
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Sofigate's Competitors and alternates

Top competitors of Sofigate include IBM, Hewlett Packard Enterprise and Mindtree. Here is the list of Top 10 competitors of Sofigate, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
81/100
2nd
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
78/100
3rd
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
78/100
4th
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
5th
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
6th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
74/100
7th
Logo for EPAM
EPAM
1993, Newtown (United States), Public
Provider of software development, data analytics, and other IT suite services
$50M
74/100
8th
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
73/100
9th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
73/100
10th
Logo for Valtech
Valtech
1993, Paris (France), Acquired
Provider of diversified application development, IT consulting, and digital transformation services
-
73/100
2199th
Logo for Sofigate
Sofigate
2003, Espoo (Finland), Late Stage
Provider of IT service suite solutions
-
37/100
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Sofigate's Investments and acquisitions

Sofigate has acquired Headstart. Sofigate has not made any investments as of now.

Reports related to Sofigate

Here is the latest report on Sofigate's sector:

News related to Sofigate

SOFIGATE AND 3GAMMA JOIN FORCESFinancial ITFeb 07, 2017Sofigate, 3gamma
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