As we draw closer to the next year, I want to express a heartfelt thank you to all our clients, partners, and Axtrians for your support throughout the most unprecedented of years. 2021 has brought us both challenges and opportunities. Fortunately, Axtria has had an exceptional year, and we could not have achieved this without you believing in our purpose and core values.
In today’s fast-paced tech world, the need to innovate and develop cutting-edge products has never been more critical. To cater to this need, we are constantly expanding our product portfolio that delivers data-to-insights-to-actions-to-operations and an end-to-end technology platform so that life sciences companies can access deep insights on a real-time basis to power their business decisions.
We constantly strive to exceed expectations, bring innovation, and deliver the most promising results to the life sciences industry. We have seen unprecedented growth in the toughest of times. This commitment was reaffirmed this year when Axtria secured an additional $150 million funding from Bain Capital Tech Opportunities. This funding will allow us to execute our product strategy effectively and achieve incredible growth and scale. Bain is not only a financial partner, but they also strongly believe in the unique value proposition we offer to our customers. While it might seem like we have come a long way, I cannot emphasize enough that we have only scratched the surface. We are just beginning this value creation journey, and this investment will help us accelerate.
When I look back at 2021, one of the things that stands out for me is the validation of the powerful culture at Axtria. Axtria has been recognized by The Great Place to Work® Institute as one of the best employers. This recognition is a testament to the culture of togetherness and exemplary values built at Axtria. We will continue to create an inclusive and open environment where everyone feels welcome, heard, and comfortable to be their innovative best.
Another significant achievement that I am delighted to share, which is very close to my heart, is that my alma mater, IIT Delhi, established a Chair in Data Analytics. This will further reinforce the Axtria ideology of building an ecosystem that supports young talent to become great entrepreneurs and provides them with opportunities to make a mark in the industry.
Among the challenges we faced this year was the resurgence of COVID. During this, many of us were affected and, unfortunately, had to experience the grief of losing our loved ones. Our hearts continue to mourn for those who lost colleagues, friends, or family. During this crisis, empathy was Axtria’s antidote for our associates, which helped provide them with hope. The pandemic taught us the importance of human interaction and authentic connection and the need for stability and growth in the context of this crisis. Although this pandemic made us isolate ourselves and we were physically away from each other, it has brought us much closer. We have responded to every challenging situation by huddling together and finding solutions, bringing out the best versions of ourselves in the most difficult times.
We have become trusted partners to our clients and the life sciences sector in helping them impact patient lives and health outcomes. Going forward, while the life sciences and healthcare industries undergo a significant acceleration in data-driven digital transformation, we will focus on helping businesses get ready for this disruption and develop strategies to achieve it with compelling value and effectively leverage software technology and AI to scale global commercial operations.
Finally, I am very proud of my team that constantly endeavors to deliver the best and push towards absolute excellence. We have mastered developing and applying robust technology platforms powered by AI/ML and data-driven insights for our clients and partners. In the coming year, we will apply our knowledge and learnings to scale new heights, and the bright minds at Axtria will continue to innovate.
We genuinely hope to leave behind this pandemic in this passing year. But for us, as a company, 2021 will be a milestone year for many reasons.
For now, sending you my best wishes for the festive season and good health and fortune in the year ahead.
President & CEO, Axtria