Company profile

Pegasystems

Pegasystems Inc. has raised approximately $525 million in its single documented post-IPO funding round (Feb 2020), supported by investor Herald Investment Management, at a valuation reflective of its status as a public company. Founded in 1983 and headquartered in Cambridge (United States), Pegasystems’ enterprise platform spans AI decisioning, workflow automation and business process management for banking, insurance and other sectors. With over 5,400 employees as of January 2024, the firm continues evolving its platform to address digital transformation and serve large-scale enterprise clients globally.

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Quick facts

Total funding: $525 million
Founded: 1983
Headquarters: Cambridge (United States), Pegasystems’ enterprise platform spans AI decisioning
Employees: 5,400

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