What is Adeptia?
Founded in 2000 and headquartered in Chicago, Illinois, with an additional office in Noida, India, Adeptia specializes in simplifying complex business data exchange. Its software facilitates rapid integration of customer and supplier data, aiming to accelerate onboarding, reduce operational costs, and enhance revenue generation. Adeptia's self-service data integration platform is designed for non-technical business users and scales to meet the demands of Global 5000 enterprises. The company has consistently been recognized in industry analyses, including Forrester Wave and Gartner Magic Quadrant reports, for its innovative data integration technology.
How much funding has Adeptia raised?
Adeptia has raised a total of $71.1M across 3 funding rounds:
Series B
$5.9M
Debt
$150K
Private Equity
$65M
Series B (2004): $5.9M with participation from Arch Development Partners
Debt (2020): $150K led by PPP
Private Equity (2023): $65M supported by PSG Group
Key Investors in Adeptia
PSG Group
PSG Group is an investment holding company consisting of underlying investments that operate across a diverse range of industries. PSG Group was founded in 1970 and is headquartered in Stellenbosch, South Africa.
Arch Development Partners
Arch Development Partners is an investment firm focused on providing capital to companies. Specific investment focus areas are not detailed but typically involve growth-stage companies.
What's next for Adeptia?
The recent major strategic investment signifies Adeptia's robust growth phase, likely positioning it for further scaling of its operations and product development. This capital injection is expected to fuel advancements in its self-service data integration capabilities, potentially expanding its market reach into new verticals or enhancing its existing offerings to better serve mid- and large-sized businesses globally. Adeptia's focus on ease of use and scalability suggests a strategic direction towards capturing a larger share of the business process automation and B2B integration market.
See full Adeptia company page
