TierPoint - About the company
TierPoint is an acquired company based in St. Louis (United States), founded in 2010 by Patrick Watriss. It operates as a Provider of IT service suite and data center solutions. TierPoint has raised $869M in funding from investors like Macquarie, Wafra and Argo Infrastructure Partners. The company has 136044 active competitors, including 977 funded and 7702 that have exited. Its top competitors include companies like UST, IBM and Infosys.
Company Details
TierPoint is a provider of IT service suite and data center solutions. It also provides clouds for public, private, and multi-tenant use cases. The features of the product include disaster recovery, network security, data privacy, multi-factor authentication, and encryption, etc. It provides solutions to industries such as healthcare, manufacturing, energy, retail, etc. The clients of the company include Johnsonville, WebsterBank, TommyBahama, etc.
- Website
- tierpoint.com
- Email ID
- *****@tierpoint.com, *****@tierpoint.com
- Phone Number
- +1 **********
- Registered Address
- St. Louis, Missouri
Key Metrics
Founded Year
2010
Location
St. Louis, United States
Stage
Acquired
Total Funding
$869M in 4 rounds
Latest Funding Round
Ranked
165th among 136044 active competitors
Employee Count
918 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Argo Infrastructure Partners (Jul 11, 2024)
Legal entities associated with TierPoint
TierPoint is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TIERPOINT, LLC CIN: 320356624 , United States, Active | Dec 26, 999 | - | 885 (As on Dec 31, 2024) | - |
TierPoint's acquisition details
TierPoint got acquired by Argo Infrastructure Partners on Jul 11, 2024.
Click here to take a look at TierPoint's acquisition in detail
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TierPoint's funding and investors
TierPoint has raised a total funding of $869M over 4 rounds. Its first funding round was on Jul 01, 2010. TierPoint has 17 institutional investors.
Here is the list of recent funding rounds of TierPoint:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 01, 2022 | 9503523 | Series E | 5260587 | 3061178 | 5940185 | 8229369 |
Mar 24, 2020 | 3592059 | Series D | 4455062 | 8735059 | 2352596 | |
2016 | 1358 | Series C | 8288 | 7323 | 4437 |
View details of TierPoint's funding rounds and investors
TierPoint's founders and board of directors
Founder? Claim ProfileThe founders of TierPoint is Patrick Watriss. Jerry Kent and Jerald L Kent are the CEOs of TierPoint.
Here are the details of TierPoint's key team members:
- Patrick Watriss: Founder of TierPoint. Contact Info: 1 email address
View details of TierPoint's Founder profiles and Board Members
TierPoint's employee count trend
TierPoint has 918 employees as of Sep 26. Here is TierPoint's employee count trend over the years:
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TierPoint's Competitors and alternates
Top competitors of TierPoint include UST, IBM and Infosys. Here is the list of Top 10 competitors of TierPoint, ranked by Tracxn score:
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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 | 76/100 | |
2nd | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 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 | Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
6th | Happiest Minds Technologies 2011, Bengaluru (India), Public | Provider of IT suite services | $64.8M | 73/100 | |
7th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
8th | Consulting and implementations company | $23.9M | 73/100 | ||
9th | Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 73/100 | |
10th | Provider of IT consulting, technology, and outsourcing services | - | 73/100 | ||
165th | TierPoint 2010, St. Louis (United States), Acquired | Provider of IT service suite and data center solutions | $869M | 59/100 |
Looking for more details on TierPoint's competitors? Click here to see the top ones
TierPoint's Investments and acquisitions
TierPoint has not made any investments yet. TierPoint has made 4 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 20, 2016 | Acquisition | 2000 | Omaha (United States) | |
Dec 17, 2015 | Acquisition | 2012 | Chicago (United States) | |
Oct 23, 2014 | Acquisition | 1990 | New York City (United States) |
See all acquisitions by TierPoint
Reports related to TierPoint
Here is the latest report on TierPoint's sector:
News related to TierPoint
Media has covered TierPoint for a total of 5 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
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LATRO Consolidates Infrastructure with TierPoint to Enhance AI and Telecom IntelligenceGlobal Fintech Series•Aug 18, 2026•TierPoint, LATRO
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Argo Infrastructure Partners Increases Ownership and Capital Commitment to TierPointBusiness Wire•Dec 10, 2025•Bank Street Group, TierPoint, King & Spalding, Argo Infrastructure Partners
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TierPoint Completes $240 Million Financing and Acquisition of Pennsylvania Data CenterBenzinga•Oct 23, 2025•TierPoint
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TierPoint Earns Microsoft Solutions Partner Designation for Private CloudGlobeNewswire•Sep 15, 2025•TierPoint
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TierPoint Parent Closes Upsized $250 Million Term LoanGlobeNewswire•Jul 14, 2025•TierPoint, Apollo Global Management, Apterra
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TierPoint raises $500 million to fuel data center expansion amid surging IT infrastructure demandThe Business Journals•Apr 18, 2025•TierPoint
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