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Thoughtworks is a public company based in Chicago (United States), founded in 1993 by Neville Roy Singham. It operates as a Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors. Thoughtworks has raised $748M in funding from investors like Fidelity Investments, Siemens and Mubadala. The company has 97567 active competitors, including 1224 funded and 6137 that have exited. Its top competitors include companies like Notion, Asana and Smartsheet.
Company Details
Thoughtworks is a leading global technology consultancy that specializes in integrating strategy, design, and software engineering to help enterprises and technology disruptors achieve their goals. They offer a range of services and solutions to drive innovation and create extraordinary impact.
- Website
- www.thoughtworks.com/
- Social
- Email ID
- *****@thoughtworks.com
- Phone Number
- +61 **********
Key Metrics
Founded Year
1993
Location
Chicago, United States
Stage
Public
Total Funding
$748M in 3 rounds
Latest Funding Round
Investors
Ranked
52nd among 97567 active competitors
Annual Revenue
$1.13B as on Dec 31, 2023
Employee Count
10,500 as on Dec 31, 2023
Exit Details
Public
Legal entities associated with Thoughtworks
Thoughtworks is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Dec 12, 2022 | - | - | - | |
Aug 15, 2017 | $1.13B (as on Dec 31, 2023) | - | - | |
$231M (as on Mar 31, 2024) | 4011 (as on Sep 30, 2024) | |||
Dec 31, 1992 | - | 12500 (as on Dec 31, 2022) | - | |
Jun 24, 1999 | - | 10500 (as on Dec 31, 2023) | - | |
Dec 31, 1999 | - | 898 (as on Dec 31, 2021) | - |
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Thoughtworks's funding and investors
Thoughtworks has raised a total funding of $748M over 3 rounds. Its first funding round was on Apr 2000. Its latest funding round was a Series B round on Jan 14, 2021 for $720M. 4 investors participated in its latest round, lead by Fidelity Investments, GIC, Siemens and Mubadala.
Thoughtworks has 8 institutional investors including Fidelity Investments, Siemens and Mubadala.
Here is the list of recent funding rounds of Thoughtworks:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jan 14, 2021 | $720M | Series B | 2695535 | 6902940 | |
Dec 01, 2016 | $1.02M | Grant (prize money) | 8958852 | 4654062 | |
Apr 2000 | $28M | Series A | 8664049 | 2099840 | - |
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Thoughtworks' founders and board of directors
Founder? Claim ProfileThe founders of Thoughtworks is Neville Roy Singham. Mike Sutcliff is the CEO of Thoughtworks.
Here are the details of Thoughtworks' key team members:
- Neville Roy Singham: Former Founder of Thoughtworks.
View details of Thoughtworks's Founder profiles and Board Members
Thoughtworks' employee count trend
Thoughtworks has 10,500 employees as of Dec 23. The total employee count is 16.0% lower than what it was in Dec 22. Here is Thoughtworks's employee count trend over the years:Uncover Thoughtworks' growth story! Sign up today!Access Tracxn on any website
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Thoughtworks's Competitors and alternates
Top competitors of Thoughtworks include Notion, Asana and Smartsheet. Here is the list of Top 10 competitors of Thoughtworks, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Notion 2013, San Francisco (United States), Series D | Provider of cloud-based enterprise collaboration and project management software for enterprises | $353M | 85/100 | |
2nd | Asana 2008, San Francisco (United States), Public | Cloud-based platform offering project management software | $453M | 79/100 | |
3rd | Smartsheet 2005, Bellevue (United States), Acquired | Cloud based suite solutions for enterprise project management | $121M | 78/100 | |
4th | UST 1998, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
5th | Happiest Minds 2011, Bengaluru (India), Public | IT services company | $64.8M | 76/100 | |
6th | monday.com 2012, Tel Aviv (Israel), Public | Cloud-based platform offering suite solutions for project management | $235M | 76/100 | |
7th | Clickup 2016, Palo Alto (United States), Series C | Cloud based project management platform | $535M | 75/100 | |
8th | Airtable 2013, San Francisco (United States), Series F | Cloud and AI based low code workflow and app development platform | $1.35B | 75/100 | |
9th | Trello 2011, New York City (United States), Acquired | Cloud-based enterprise collaboration platform for project management | $10.3M | 74/100 | |
10th | Endava 2000, London (United Kingdom), Public | Provider of software development, testing and strategy formulation for IT enterprises | - | 73/100 | |
52nd | Thoughtworks 1993, Chicago (United States), Public | Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors | $748M | 65/100 |
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Thoughtworks's Investments and acquisitions
Filter this listThoughtworks has made 1 investments in companies including Dinerama. Thoughtworks has also acquired 5 companies including Itoc and Handmade. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 12, 2023 | Investments | 2021 | Sao Paulo, Brazil | |
Feb 06, 2023 | Acquisition | 2012 | Brisbane, Australia | |
Jul 02, 2022 | Acquisition | 2015 | Sao Paulo, Brazil |
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Reports related to Thoughtworks
Here is the latest report on Thoughtworks's geography:
News related to Thoughtworks
Filter this listMedia has covered Thoughtworks for a total of 63 events in the last 1 year, 13 of them have been about partnerships and 11 about company updates.
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H-E-B's Favor partners Thoughtworks to launch Shop & Deliver B2B platformRetail Technology Innovation Hub•Jun 18, 2025•H‑E‑B, Thoughtworks
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Thoughtworks Appoints Shayan Mohanty as Chief Data and AI OfficerRetail Technology Innovation Hub•Jun 18, 2025•Thoughtworks, Watchful
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Thoughtworks Appoints Amit Choudhary as Chief Operating OfficerBusiness Wire•Jun 03, 2025•Thoughtworks, Wipro
•
Thoughtworks Appoints Rav Hayer as Managing Director for UK & Ireland and Head of European Financial Services PracticeBusiness News This Week•May 27, 2025•Thoughtworks
•
Simon & Schuster Partners with Thoughtworks to Revolutionize Language LearningBusiness Wire•May 22, 2025•Simon & Schuster, Thoughtworks
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Zones Unveils Global Integrated Platform to Fast-Track Onboarding and Enhance Customer Experience Press ReleaseBusiness Wire•Apr 29, 2025•Thoughtworks, Zones
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Thoughtworks Onboards Kaushik Sarkar as Regional Managing Director for EMEIWorld Business Outlook•Apr 03, 2025•Thoughtworks, Collabera Digital
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Mechanical Orchard Launches Mainframe Modernization Platform "Imogen" and Partners with ThoughtworksCIO Influence•Apr 03, 2025•Mechanical Orchard, Thoughtworks
•
Thoughtworks Technology Radar Highlights GenAI’s Impact and Key Factors Shaping Today’s Software Development and DeliveryBusiness Wire•Apr 02, 2025•Thoughtworks
•
Thoughtworks And Dx Join Forces To Advance Software Engineering ExcellenceBusiness Wire•Mar 25, 2025•Thoughtworks, DX
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