UST Global, founded in 1999, is a U.S.-based multinational digital and tech services firm that serves more than 50 Fortune 500 clients across industries including banking, media, telecom, healthcare, and shipping. The company employs about 17,000 staff across 35 offices worldwide and says it has significant revenues and is profitable. Its service offering spans digital customer engagement, mapping, data analytics, AI, cloud consulting, product engineering, automation and cybersecurity, with a client-focused philosophy of "fewer clients, more attention." Leadership says the business will use added capital to accelerate scale via targeted acquisitions to enhance capabilities and geographic presence. Management also views the investment as validation that will help with future IPO-readiness while continuing organic growth. The company intends to pursue acquisitions in areas such as AI, machine learning, cloud, UI/UX and cybersecurity to strengthen its capabilities and footprint in Europe and Asia.

Total raised

$250M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2018