Colabra
Colabra is a technology company.
Financial History
Colabra has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Colabra raised?
Colabra has raised $2.0M in total across 1 funding round.
Colabra is a technology company.
Colabra has raised $2.0M across 1 funding round.
Colabra has raised $2.0M in total across 1 funding round.
Colabra has raised $2.0M in total across 1 funding round.
Colabra's investors include Accomplice VC, Atomico, Backed VC, Background Capital, BoxOne Ventures, FundersClub, Gradient Ventures, Hoxton Ventures, Jude Gomila Rolling Fund, Mayfield, MZ, Olima Ventures.
Collabera is a global digital talent solutions and IT services firm specializing in staffing, consulting, and digital transformation for Fortune 500 and Global 1000 organizations.[1][4][6] It provides end-to-end IT solutions, including talent acquisition, application development, infrastructure management, AI-driven services, and digital engineering, serving sectors like financial services, healthcare, banking, energy, retail, and technology.[1][2][4][7] With over 29 years of operation, Collabera employs thousands across 20+ offices and delivery centers in the US, Europe, India, and beyond, boasting strong growth through strategic acquisitions like Pracedo and partnerships with AI firms like Katonic.ai, alongside an estimated $5 billion in annual revenue and 30% growth rate.[2][4][7]
The company's human-first, tech-driven approach emphasizes connecting high-quality IT talent with innovation needs, enabling clients to accelerate digital journeys via remote talent solutions, cloud migration, data modernization, and cybersecurity.[3][4][5] This positions Collabera as a key enabler for enterprises tackling complex digital challenges, with a people-centric culture recognized by Forbes and Great Place to Work.[3][4]
Collabera traces its roots to 1991 (or 1996 as Global Consultants, Inc., per some accounts), evolving through a 2008 rebranding into a premier digital talent provider headquartered in Basking Ridge, New Jersey—the largest privately held tech company there by revenue.[4][7][8] It expanded globally with Asia Pacific HQ in Vadodara, India, growing from IT staffing to full digital engineering via strategic shifts, including the 2010 inception of Collabera Digital.[5][7][9]
Key evolution came from a people placement model to digital transformation focus, driven by enterprise client needs and acquisitions like UK-based Pracedo (Salesforce consultancy) and integration with Ascendion for AI-first engineering.[2][5] Early traction built on serving Global 2000 firms, scaling to 6,500+ professionals by leveraging proprietary methodologies and a collaborative model, with pivotal moments in remote talent and AI partnerships amid digital shifts.[1][2][7]
Collabera rides the digital transformation wave, fueled by AI adoption, remote work, and demand for specialized IT talent amid talent shortages and cloud/AI migrations.[2][4][5] Timing aligns with post-pandemic shifts to hybrid models and enterprise needs for agile digital solutions, where its global delivery counters geographic barriers.[1][5]
Market forces like rising cybersecurity threats, data analytics demands, and sector digitization (e.g., banking, healthcare) favor its staffing-to-engineering pivot, influencing the ecosystem by upskilling workforces and enabling Fortune 500 innovation without heavy CapEx.[2][4][7] As a bridge between talent and tech, it amplifies startup scalability indirectly via client ecosystems while competing in the $500B+ IT services market.
Collabera is poised for accelerated expansion through AI integrations and further acquisitions, targeting emerging tech like generative AI and machine learning to sustain 30%+ growth.[2][4] Trends in digital workforce transformation, remote global talent, and sector-specific AI (e.g., fintech, supply chain) will shape its path, potentially elevating its influence as enterprises prioritize resilient, tech-human hybrid models.[3][5]
Its evolution from staffing to full digital engineering positions it to lead in co-created solutions, deepening ecosystem impact by empowering underserved regions and driving client innovation—reinforcing its role as a talent innovation connector in a talent-scarce world.[7][9]
Colabra has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in September 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | $2.0M Seed | Accomplice VC, Atomico, Backed VC, Background Capital, BoxOne Ventures, FundersClub, Gradient Ventures, Hoxton Ventures, Jude Gomila Rolling Fund, Mayfield, MZ, Olima Ventures, Plug & Play Ventures, Soma Capital, The Hit Forge, WorkLife Ventures, Biz Stone, Charlie Songhurst, Ian Hogarth, Immad Akhund, Jeff Chang, Max Mullen, Michael Stoppelman, Tania Boler |