Amdaris
Developing industry-leading software and collaborate with clients to deliver quality solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | 35 % | 43 % | 94 % | 46 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | 16 % | 13 % | 5 % | 2 % | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | 9 % | 4 % | (1 %) | (3 %) | (1 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Amdaris, now an Insight Enterprises company, operates as a software development and digital services specialist. Founded in Bristol, UK, in 2009 by Vlad Nanu and Andy Rogers, the firm has established itself by providing outsourced extended delivery teams for a variety of software applications. Nanu, originally from Moldova, brought over 15 years of experience in nearshore operations and software team leadership from his time in Moldova and Silicon Valley. Rogers began his career at a digital web agency before co-founding Amdaris. They took on co-CEO roles in 2016, spearheading a significant growth phase.
The company's business model is centered on offering nearshore software development through a hybrid onshore/offshore model, which involves embedding its teams with clients to function as seamless extensions of their staff. This approach delivers services like custom software development, application support, managed services, and digital transformation consultancy. Amdaris serves a diverse client base across sectors such as finance, legal, real estate, energy, and logistics. Revenue is generated by providing these tailored teams and project-based services. A key milestone was its acquisition by Insight Enterprises, a Fortune 500 Solutions Integrator, in August 2023, which significantly enhanced its global reach and capabilities. Prior to this, in 2020, Amdaris secured a £3 million investment from BGF to fuel its international expansion.
Amdaris offers a comprehensive suite of services including application development (web, mobile, API), cloud and DevOps, data engineering, AI, and quality assurance. They also provide strategic consultancy on technology stacks and business processes to ensure technology initiatives align with client objectives. A unique offering is their focus on creating extended, security-vetted development teams that integrate with clients, a model that has proven effective for clients like Robert Walters, for whom they migrated over 30 million records to a new, faster platform. The firm leverages talent from its delivery centers in Eastern European countries like Moldova, Romania, and Bulgaria, maintaining a reputation for technical excellence as a Microsoft Gold Partner for over a decade.
Keywords: software development services, digital transformation, nearshore outsourcing, extended delivery teams, application support, managed services, custom software, cloud migration, data engineering, IT consulting, Andy Rogers, Vlad Nanu, Insight Enterprises, application modernization, agile delivery, quality assurance, back-end development, mobile applications, web front-end, business analysis