Valuation
$11.3M
2025 Revenue
$18.7M
Funding
$0
Team
170
Founded
1997
How Mphasis Wyde CEO Edivaldo Barros grew Mphasis Wyde to $18.7M revenue with a 170 person team in 2025.
Since its inception in 1997, Wyde, an Mphasis Company, has been a leading international software vendor and is the creator of Wynsure, a professional Insurance Policy Administration Solution. Headquartered in Bloomington, Minnesota, USA, with offices in Canada, a modern Research & Development Center in Paris, France, and Delivery Centers of Excellence in both Poland and India. Wyde has developed and deployed Wynsure, a proven software platform, at many of the leading insurance carriers in North America and Europe. Wynsure is a multi-language, multi-currency, easily configurable software product that offers policy administration, claims and billing solutions focused on the Group Benefits market. Wynsure can be deployed for one or multiple lines of business as a complete end-to-end solution, as functional components specific to current business challenges such as bill or as a SaaS offering. Our success is driven by our core strategic values: - Excellence in our technology and expertise - Customer Centric solution design to anticipate market trends - Continued Investment in product development and R&D - Innovation and our solution’s capacity to quickly evolve to meet your needs
Last updated
Mphasis Wyde Revenue
In 2025, Mphasis Wyde's revenue reached $18.7M. The company previously reported $3.8M in 2021. Since its launch in 1997, Mphasis Wyde has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2025 | Mphasis Wyde Hit $18.7m revenue in December 2025 |
| 2021 | Mphasis Wyde Hit $3.8m revenue in April 2021 |
| 1997 | Launched with $0 revenue |
Mphasis Wyde Valuation, Funding Rounds
Mphasis Wyde's most recent disclosed valuation is $11.3M.
Mphasis Wyde is a bootstrapped Insurance Suites Software startup. Founded in 1997, Mphasis Wyde has grown to $18.7M in revenue without raising any venture capital or outside funding.
As a self-funded Insurance Suites Software SaaS company, Mphasis Wyde has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Mphasis Wyde Employees & Team Size
Mphasis Wyde employs approximately 170 people as of 2026, up from 153 in 2021.
Mphasis Wyde has 170 total employees in different roles and functions and 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2025 | Reached 170 employees (December 2025) |
| 2021 | Reached 153 employees (April 2021) |
Founder / CEO
Edivaldo Barros
Currently, Nitin Rakesh occupies the position of President, CEO & Executive Director at Mphasis Ltd. He is also Member of US India Strategic Partnership Forum, Member of Plaksha University and Member of The Wall Street Journal CEO Council. In the past Nitin Rakesh was Head-Banking & Financial Services Sales at Tcg Software Services Pvt Ltd., President, Chief Executive Officer & Director at Syntel, Inc., Managing Director & Chief Executive Officer at Motilal Oswal Asset Management Co. Ltd. and Vice President for Syntel, Inc. Mr. Rakesh received an undergraduate degree from Delhi Institute of Technology, Management & Research and a graduate degree from Narsee Monjee Institute of Management Studies.
Q&A
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|---|---|
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Customers
We do not have customer count information for Mphasis Wyde yet.
Frequently Asked Questions about Mphasis Wyde
What is Mphasis Wyde's revenue?
Mphasis Wyde generates $18.7M in revenue.
Who founded Mphasis Wyde?
Mphasis Wyde was founded by Edivaldo Barros.
Who is the CEO of Mphasis Wyde?
The CEO of Mphasis Wyde is Edivaldo Barros.
How much funding does Mphasis Wyde have?
Mphasis Wyde raised $0.
How many employees does Mphasis Wyde have?
Mphasis Wyde has 170 employees.
Where is Mphasis Wyde headquarters?
Mphasis Wyde is headquartered in PARIS, France.
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Compare Mphasis Wyde to the industry
Mphasis Wyde operates across multiple industries. Browse revenue, funding, and growth data for Mphasis Wyde in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .