When was Utopia founded?

Utopia was founded in 2003 and raised its 1st funding round 9 years after it was founded.

Where is Utopia located?

Utopia is headquartered in Mundelein, United States. It is registered at Mundelein, Illinois.

How many employees does Utopia have?

As of Dec 31, 2022, Utopia has 45 employees, reflecting a 3% year-over-year growth in headcount.

Is Utopia a funded company?

Utopia is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on May 11, 2012.

When was the latest funding round of Utopia?

Utopia's latest funding was a $***** Series B round on May 11, 2012, with participation from 2 investors. Its primary sector is Enterprise Information Management. In United States, the Enterprise Information Management sector has seen $103M in funding in 2026 to date.

Where does Utopia rank among its competitors?

Utopia ranks 3rd amongst 392 active competitors, of which 56 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Indico Data, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Utopia?

Utopia's top competitors include Informatica, Nexla and Julius AI. Among them, Indico Data secured the most recent funding round in October, 2025.

Utopia - 2026 Company Profile, Team, Funding & Competitors

Company Details

It provides solutions to clients looking to manage large volumes of structured and unstructured content and build a foundation around Big Data analytics, Business Intelligence, real time in-memory computing like the SAP HANA® platform, the Apache™ Hadoop™ framework, Enterprise Asset Management and mobile applications. Utopia is an SAP® Premier Partner for SAP Services and an SAP PartnerEdge Value Added Reseller (VAR). Serves customers in multiple industries, including oil & gas, mining, utilities, manufacturing, high tech, consumer goods and retail.

Website: utopiainc.com
Social
Registered Address: Mundelein, Illinois

Key Metrics

Founded Year

2003

Location

Mundelein, United States

Stage

Acquired

Total Funding

$50M in 1 round

Latest Funding Round

Series B, May 11, 2012, $*****

Investors

FTV Capital & 2 more

Ranked

3^rd among 392 active competitors

Employee Count

45 as on Dec 31, 2022

Similar Companies

Informatica & 457 more

Exit Details

Acquired by Prometheus (Oct 15, 2020)

View Utopia's full profile

Utopia is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
UTOPIA INDIA PRIVATE LIMITED CIN: U72300KA2005PTC156984 , India, Active	Jun 29, 2005	$6.98M (As on Mar 31, 2025)	-
UTOPIA GLOBAL, INC. CIN: 300156423 , United States, Active	Dec 26, 999	-	45 (As on Dec 31, 2022)	-

Utopia got acquired by Prometheus on Oct 15, 2020. It was facilitated by District Capital Partners, Lazard and Katten.

Click here to take a look at Utopia's acquisition in detail

Utopia has raised a total funding of $50M over 1 round. Its latest funding round was a Series B round on May 11, 2012 for $*****. 2 investors participated in its latest round. Utopia has 3 institutional investors.

Here is the list of recent funding rounds of Utopia:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 11, 2012	6686311	Series B	1037269	4749852	5578913	9990375

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View details of Utopia's funding rounds and investors

The founders of Utopia is Narinder J Singh.

Here are the details of Utopia's key team members:

Narinder J Singh: Former Co-Founder of Utopia.
Contact Info: 1 email address

View details of Utopia's Founder profiles and Board Members

Utopia's employee count trend

Utopia has 45 employees as of Dec 22. The total employee count is 2.0% more than what it was in Dec 21. Here is Utopia's employee count trend over the years:

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Top competitors of Utopia include Informatica, Nexla and Julius AI. Here is the list of Top 10 competitors of Utopia, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Informatica 1993, Redwood City (United States), Acquired	Provider of cloud data management solutions leveraging AI-powered data lifecycle management	-	L Capital, Opus Capital & 2 others	73/100
2nd	Nexla 2016, San Mateo (United States), Series B	Provider of AI-powered data integration platform designed for enterprise agent applications	$33.5M	Industry Ventures, Shield Capital & 7 others	71/100
3rd	Utopia 2003, Mundelein (United States), Acquired	Cloud-based platform for enterprise data management	$50M	FTV Capital, Trinity Investors & 1 others	64/100
4th	Julius AI 2022, San Francisco (United States), Seed	AI-powered data analysis platform for businesses	$11M	Bessemer Venture Partners, AI Grant & 9 others	64/100
5th	Indico Data 2014, Boston (United States), Series B	Developer of an agentic decisioning platform for insurance underwriting and claims	$72.7M	.406 Ventures, Osage Venture Partners & 14 others	62/100
6th	Cinchy 2014, Toronto (Canada), Series B	Online data collaboration and data management solutions for enterprises	$24.1M	Information Venture Partners, Blindspot & 13 others	61/100
7th	InterSystems 1978, Cambridge (United States), Acquired	Cloud based database management software	-	Corda Campus, LeapFrog Investments & 1 others	61/100
8th	Open Data Soft 2011, Paris (France), Series B	Provider of data marketplace solutions for internal, B2B, and public use	$32.2M	Aurinvest, Demeter & 5 others	60/100
9th	Ataccama 2007, Markham (Canada), Series D	Provider of an agentic platform for data quality and data governance	$150M	Bain Capital, National Science Foundation	60/100
10th	Boardwalktech 2004, Palo Alto (United States), Public	Enterprise spreadsheet data management solutions	$8.36M	Kyto Technology & Life Science, Echelon & 4 others	59/100