Tungsten Automation - About the company
Tungsten Automation is an acquired company based in Irvine (United States), founded in 1985 by David Silver. It operates as a Provider of intelligent automation solutions for digital workflow transformation. Tungsten Automation has raised an undisclosed amount in funding. The company has 6692 active competitors, including 437 funded and 304 that have exited. Its top competitors include companies like Visma, Box and LexisNexis.
Company Details
Tungsten Automation, formerly known as Kofax, is a global leader in Intelligent Automation with expertise in digital workflow transformation. They provide market-leading solutions and services that deliver unmatched efficiencies in workflow automation.
- Website
- tungstenautomation.com
- Social
- Phone Number
- +1 **********
- Registered Address
- 5, Lyskær, Herlev, 2730
Key Metrics
Founded Year
1985
Location
Irvine, United States
Stage
Acquired
Latest Funding Round
Ranked
37th among 6692 active competitors
Employee Count
1,571 as on Mar 31, 2026
Exit Details
Acquired by TA (Jul 25, 2022)
Legal entities associated with Tungsten Automation
Tungsten Automation is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Tungsten Automation Danmark A/S CIN: 19234509 , Denmark, Active | Mar 05, 1996 | - | - | |
Tungsten Automation Development A/S CIN: 21382086 , Denmark, Active | Dec 31, 1998 | - | 14 (As on Mar 31, 2024) | |
TUNGSTEN DEVELOPMENT PRIVATE LIMITED CIN: U72200TG2001PTC047872 , India, Active | Aug 03, 2001 | $10.3M (As on Mar 31, 2025) | 273 (As on Feb 29, 2024) |
Tungsten Automation's acquisition details
Tungsten Automation got acquired by TA and Clearlake Capital Group on Jul 25, 2022.
Click here to take a look at Tungsten Automation's acquisition in detail
Sign up to download Tungsten Automation's company profile
Tungsten Automation's funding and investors
Tungsten Automation has raised funding over 4 rounds. Its first funding round was on Jan 14, 2014. Its latest funding round was a Post IPO round on Aug 23, 2022 for $*****. 1 investor participated in its latest round. Tungsten Automation has 2 institutional investors.
Here is the list of recent funding rounds of Tungsten Automation:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 23, 2022 | 1636968 | Post IPO | 9154132 | 9942563 | 4228790 | 2504590 |
Aug 28, 2014 | 8067042 | Post IPO | 5631799 | 8823173 | 1800334 | 7757833 |
Jun 17, 2014 | 6312036 | Post IPO | 3845680 | 2285849 | 2732125 | 1239527 |
Access funding benchmarks and valuations. Sign up today!View details of Tungsten Automation's funding rounds and investors
Tungsten Automation's founders and board of directors
Founder? Claim ProfileThe founders of Tungsten Automation is David Silver. Reynolds Bish is the CEO of Tungsten Automation.
Here are the details of Tungsten Automation's key team members:
- David Silver: Former Co-Founder of Tungsten Automation and founder of 1 other company. Contact Info: 1 email address
- Reynolds C Bish: CEO of Tungsten Automation. Contact Info: 1 email address
- Reynolds Bish: CEO of Tungsten Automation. Contact Info: 1 email address
View details of Tungsten Automation's Founder profiles and Board Members
Tungsten Automation's employee count trend
Tungsten Automation has 1,571 employees as of Mar 26. Here is Tungsten Automation's employee count trend over the years:
Uncover Tungsten Automation's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Tungsten Automation's Competitors and alternates
Top competitors of Tungsten Automation include Visma, Box and LexisNexis. Here is the list of Top 10 competitors of Tungsten Automation, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of cloud-based software for businesses, accounting offices, and public sector | $198M | 82/100 | ||
2nd |  Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 80/100 | |
3rd | LexisNexis 1970, Miamisburg (United States), Public | Provider of legal solutions, news, business insights, and risk management | - | 76/100 | |
4th |  Pipefy 2015, San Francisco (United States), Series C | SaaS-based workflow and task management solution provider | $149M | 76/100 | |
5th | UiPath 2005, New York City (United States), Public | Provider of a platform for agentic automation and AI solutions | $1.96B | 75/100 | |
6th |  Moveworks 2016, Mountain View (United States), Acquired | Developer of an AI assistant platform for enterprise workflow automation | $315M | 73/100 | |
7th | Intalio 1999, Palo Alto (United States), Acquired | Provider of suite solutions for business process management | $55.4M | 72/100 | |
8th |  WorkFusion 2010, New York City (United States), Acquired | Provider of robotic process automation and chatbot solutions to automate work processes | $411M | 71/100 | |
9th |  TaskUs 2008, San Antonio (United States), Acquired | Provider of customer care and back office support services for multiple sectors | $15M | 71/100 | |
10th |  WalkMe 2011, San Francisco (United States), Acquired | Provider of digital adoption platform | $308M | 70/100 | |
37th |  Tungsten Automation 1985, Irvine (United States), Acquired | Provider of intelligent automation solutions for digital workflow transformation | - | 60/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Tungsten Automation's competitors? Click here to see the top ones
Tungsten Automation's Investments and acquisitions
Tungsten Automation has made no investments or acquisitions yet.
News related to Tungsten Automation
Filter this listMedia has covered Tungsten Automation for a total of 17 events in the last 1 year, 7 of them have been about company updates and 4 about people movement.
•
Tungsten Automation Invests in Innovation and Agentic AI with Key Executive HiresBusiness Wire•Jan 21, 2026•Tungsten Automation, Taulia
•
•
Canon India adds Tungsten TotalAgility to enterprise automation portfolioExpress Computer•Jan 06, 2026•Canon, Tungsten Automation
•
Tungsten Automation Obtains FedRAMP ‘In-Process’ DesignationBusiness Wire•Nov 18, 2025•Tungsten Automation
•
Tungsten Automation's New Power PDF 2025.3: AI Integration and ARM SupportWirth Consulting•Nov 13, 2025•Tungsten Automation
•
Almonty Industries to acquire tungsten project in Montana, USMining Technology•Oct 28, 2025•Almonty, Tungsten Automation
•
Tungsten Automation (Kofax) Launches Latest TotalAgility AI-Powered Document-ProcessingWirth Consulting•Sep 19, 2025•Tungsten Automation
•
Tungsten Automation Recognized as a Leader in Gartner Magic Quadrant for IDP SolutionsBusiness Wire•Sep 08, 2025•Tungsten Automation
•
Sovos and Tungsten integrate tax compliance, AP automationPYMNTS.com•Jul 10, 2025•Sovos Compliance, Tungsten Automation
•
Sovos Partners with Tungsten Automation for Compliant Accounts Payable SolutionBusiness Wire•Jul 09, 2025•Sovos Compliance, Tungsten Automation
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Tungsten Automation
Explore our recently published companies
- Soulboundjewellery - United Kingdom based, Unfunded company
- THD Cyber Security - Ho Chi Minh City based, 2021 founded, Unfunded company
- ABA Media - Singapore based, 2019 founded, Unfunded company
- School Planning Architecture Bhopal - Bhopal based, 2008 founded, Unfunded company
- Altair - 2013 founded, Unfunded company
- GroundTruth - Armidale based, 2017 founded, Unfunded company
