Virtusa Analysis: $597M Raised
What is Virtusa?
Digital engineering and transformation services provider
Employees
10001+
Founded
1996
HQ Full Address
132 Turnpike Road, Suite 300, Southborough, Massachusetts 01772, United States
Latest Funding Round Size
$597M
Market Position
Challenger
Product Features & Capabilities
- Consulting and design for custom solutions
- Engineering and automation for seamless experiences
- Data analysis and optimization for operational efficiency
- Generative AI services for enterprise innovation
- Industry-specific technology solutions for various sectors.
How much Virtusa raised
Funding Round - $597M
RecentOther Considerations
Named a 2025 Market Leader in Generative Enterprise Services; Collaborates with world-class partners like AWS and Salesforce; Serves over 200 companies globally.
Future Outlook
Virtusa's outlook for the AI industry in 2025 emphasizes a positive trajectory for AI adoption among businesses. The company highlights its leadership in Generative AI solutions and the importance of practical applications and co-creation with partners. Surajit Bhattacharjee, Global Lead for Generative AI at Virtusa, notes that there are clear adoption paths observed among clients, indicating a strong commitment to driving AI integration in various sectors.
Recent Acquisitions
In the last two years, Virtusa has made at least one notable acquisition: it acquired the Bulgarian IT services and consulting firm Bright. This acquisition was announced approximately 13 months ago.
Awards Recognition
- SIIA CODiE Awards 2023 - Recognized for Best AI Solution in Healthcare for their Next-gen Prior Authorization for Payers.
- ISG Digital Case Study Awards 2022 - Honored for their collaboration with BT, showcasing their commitment to digital transformation and AI.
- SLASSCOM National Ingenuity Awards 2023 - Their Skill Recommendation Bot (V+ Assistant) was recognized as the National Runner-Up in the category of Best Innovation in Internal Processes.
- Global Candidate Experience Awards 2024 - Highlighted for leadership in AI-Powered Hiring and Candidate-Centric Processes.
