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Virtusa - About the company

Virtusa is an acquired company based in Westborough (United States), founded in 1996 by Krishan Canekeratne, Sandy Gillis and Tushara Canekeratne. It operates as an IT services company. Virtusa has raised $45.2M in funding, with last known valuation of $*****. 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

Virtuasa is an IT services company. It provides a diverse range of services like IT consulting, technology, and outsourcing. It helps to reduce the client's cost of ownership and increase revenue generation capacity. It serves Global 2000 companies in a range of domains like banking & financial services, insurance, telecommunications, and many others. It also offers services in the Internet of Things (IoT) space.
Social
Facebook
Email ID
*****@virtusa.com
Registered Address
Southborough, Massachusetts
Key Metrics
Founded Year
1996
Location
Westborough, United States
Stage
Acquired
Total Funding
$45.2M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 10, 2020
Investors
Employee Count
18,080 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by BPEA (Sep 10, 2020)

Virtusa's acquisition details

Virtusa got acquired by BPEA on Sep 10, 2020 at an acquisition amount of $*****.
Click here to take a look at Virtusa's acquisition in detail
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Virtusa's funding and investors

Virtusa has raised a total funding of $45.2M over 8 rounds. Its first funding round was on 2000. Its latest funding round was a Post IPO round on 2021 for $*****. 1 investor participated in its latest round. Virtusa has 10 institutional investors.

Here is the list of recent funding rounds of Virtusa:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2021
6321
Post IPO
9202
2065
2755
7118
Jul 07, 2020
5299200
Post IPO
6705093
6666290
5670515
May 16, 2017
3769136
Post IPO
3904005
4252169
1322112
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Virtusa's founders and board of directors

Founder? Claim Profile
The founders of Virtusa are Krishan Canekeratne, Sandy Gillis and Tushara Canekeratne. Nitesh Banga is the CEO of Virtusa.
Here are the details of Virtusa's key team members:

Virtusa's employee count trend

Virtusa has 18,080 employees as of Jun 26. Here is Virtusa's employee count trend over the years:
Employee count trend for Virtusa
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Virtusa's Competitors and alternates

Top competitors of Virtusa include IBM, Hewlett Packard Enterprise and Mindtree. Here is the list of Top 10 competitors of Virtusa, 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
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Virtusa's Investments and acquisitions

Virtusa has not made any investments yet. Virtusa has made 6 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 10, 2025
Acquisition
2016
Bengaluru (India)
Jul 22, 2025
Acquisition
2003
Manchester (United States)
May 21, 2025
Acquisition
2017
Melbourne (Australia)
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Reports related to Virtusa

Here is the latest report on Virtusa's sector:

News related to Virtusa

lockFilter this list
Media has covered Virtusa for a total of 10 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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