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Astreya

Category: AI Agents

Astreya provides enterprise AI agents that transform operational signals into actionable insights and rapid automation for IT operations. Astreya was founded in 2001. The company is led by Romil Bahl. Based in San Jose, California, United States. Team size: 2,200+. Total funding raised: Private company - funding details not publicly disclosed. Latest round: Private ownership (no public funding rounds disclosed). Key investors include ["Private ownership - no institutional investors disclosed"].

Founded
2001
Headquarters
San Jose, California, United States
Team size
2,200+
Total funding
Private company - funding details not publicly disclosed

Value proposition

Delivers real-time operational insights and automated decision-making through AI agents, reducing manual workload and improving efficiency across cloud, workplace, and IT environments.

Products and solutions

["Enterprise AI Agents","IT Managed Services","Workspace Management Solutions","Digital Transformation Consulting","ServiceNow AI Integration"]

Unique value

Integration of AI agents with global IT operations and strategic partnerships for workspace analytics, combined with 20+ years of IT managed services expertise.

Target customer

Enterprises seeking to streamline IT operations, workspace management, and digital transformation through AI automation.

Industries served

["Information Technology","Enterprise Software","Healthcare","Finance","Education","Manufacturing"]

Technology advantage

Leverages AI for proactive monitoring, automation, and predictive insights, combined with a 2,200+ global team for execution. Ready-to-use AI agents published across multiple marketplaces including ServiceNow Store.

How they differentiate

Astreya differentiates through its enterprise AI agents focused on IT operations automation, combined with 20+ years of IT managed services expertise. The company emphasizes AI-driven operational signal analysis for rapid insights and actions, complemented by IoT and digital transformation capabilities.

Main competitors

["TruthMD","Bell Techlogix","Hexaware Technologies","NuAxis Innovations","Inbay Uptime","Cognizant","Accenture"]

Key partnerships

["ServiceNow","Google Cloud Platform","Utelogy (workspace management and analytics)","ZoomInfo (account-based marketing)","New Relic APM (application performance management)","3CLogic (Voice AI)"]

Notable customers

["Not disclosed publicly","Fortune 10 Technology Products Company (case study)","Cisco","PayPal","eBay","Eventbrite"]

Major milestones

["2026 - Cognizant announced acquisition of Astreya for ~$600M to deepen AI infrastructure capabilities","2025 - Unveiled new wave of enterprise AI agents with ServiceNow integration","2024 - Romil Bahl appointed as CEO","2024 - Launch of over 200 AI agents for enterprise IT automation","2024 - Partnership with Utelogy for integrated managed services solutions","2023 - Expansion into cybersecurity managed services","2021 - Acquisition of PRGX Global's IT services division"]

Growth metrics

Revenue reported as $560.6M (2024), with 2,200+ employees globally. Credit rating B4 (low credit quality) with fluctuating default probability.

Market positioning

Positioned as a leader in AI-powered enterprise IT services, targeting large enterprises requiring automation and operational efficiency. Focuses on hybrid IT service models combining automation with human expertise.

Geographic focus

Primarily North America with global operations across 33 countries, leveraging distributed teams and managed services for international clients.

Patents and IP

No specific patents mentioned in public records; innovation appears to focus on AI implementation and ecosystem partnerships.

About Romil Bahl

Romil Bahl is a seasoned technology executive with over 30 years of experience in consulting, information technology, professional services, and IoT. He previously served as CEO of KORE Wireless (2017-2024), President and CEO of Lochbridge (2015-2017), Executive VP and GM of Global Industries at CSC/DXC Technology managing a $9B P&L, and President and CEO of PRGX Global. He has extensive experience leading both public and private companies through high-growth and turnaround environments.

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