Utopia Global
Latest round
- Series A
Last raised
- May 2012
Total raised
- $50M
Investors
- 2
About Utopia Global
Utopia Global, Inc.Utopia Global, Inc. was founded in 2003 and is headquartered in the United States. The company operates within the data management sector, focusing on solutions that streamline master data governance for various industries. Utopia was recently acquired by Prometheus Group Holdings, LLC in a transaction completed in October 2020. The key individuals behind the company include founders Aakash Kandpal, Amanuel Desalegn, Anish Pani, among others, with Aakash Kandpal serving as the CEO.Utopia Global, Inc. offers a range of Master Data as a Service (MDaaS) solutions tailored for asset-intensive organizations. Their primary products include MDaaS Capture, which employs Optical Character Recognition (OCR) technology to efficiently gather asset data, MDaaS Enrich that enhances data quality using machine learning algorithms, and MDaaS Sustain, which utilizes artificial intelligence to maintain data integrity and prevent duplicate entries.Utopia Global, Inc. generates revenue through a subscription-based model for its MDaaS solutions, with clients entering annual or multi-year service agreements. This enables organizations to leverage services such as data cleansing and enrichment tailored to their operational requirements.Utopia Global, Inc. plans to leverage the recent acquisition to enhance its MDaaS offerings and expand into new geographic markets. The company aims to further develop innovative products and enhance existing solutions, although specific new product launches and timelines have not been disclosed.
Who invested in Utopia Global
2 investors across 1 round
See all investors in Utopia Global
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
May 11, 2012
Amount
$50M
Investors
Questions about Utopia Global
Who invested in Utopia Global?
Utopia Global has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Utopia Global raised?
Utopia Global has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Utopia Global last raise money?
Utopia Global's most recent round on record is a Series A, in May 2012.
What does Utopia Global do?
Utopia Global is a software company.
Where is Utopia Global headquartered?
Utopia Global is headquartered in US.
Which VCs invest in companies like Utopia Global?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Utopia Global's stage. Their profiles are linked below.
VCs backing software startups at Series A
Raising like Utopia Global? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.