Theodo

What Theodo does

Theodo is a privately held technology consulting firm founded in 2009 by Benoît Charles-Lavauzelle and Fabrice Bernhard (both École Polytechnique graduates), headquartered in Paris and operating across France, the United Kingdom, Morocco, and South Africa with 700+ consultants ("Theodoers"). The firm designs, develops, and operates digital products and systems for enterprise clients across six verticals: Financial Services, Healthcare, Public Sector, Retail/Luxury/CPG, Media & Entertainment, and Apparel.

Its core offerings span nine expertise areas — AI Modernisation, Data, Artificial Intelligence, Platforms (web & mobile), Cloud, Cybersecurity, Experience Design, Technology Operations, and Staff Augmentation — delivered under the proprietary Lean Tech® methodology, a registered trademark combining Toyota Lean Management principles with Agile software practices. Technical depth is evidenced by AWS Advanced Tier Partner status with 30+ AWS certifications, formal partnerships with Google Cloud and OUTSCALE (sovereign cloud), and an ecosystem partnership with Anthropic.

Theodo's revenue model is professional services: custom consulting engagements sold via direct enterprise sales, RFPs, and technology partner channels, billed on multi-year contracts with no public pricing. The group generated approximately €90M in annual revenue and serves a cumulative base of 4,000+ clients, with a reported NPS of 64. The operating group includes subsidiaries Sipios and BAM (technology consulting) and Theodo Cloud (cloud infrastructure), organized under Theodo Group as the parent entity.

Name

Theodo

Legal name

THEODO

Website

https://theodo.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Theodo is a Paris-headquartered technology consulting firm with 700+ consultants across France, the UK, Morocco, and South Africa, delivering AI-led digital transformation, cloud, and software engineering services to enterprise clients in financial services, healthcare, public sector, retail, and media under its proprietary Lean Tech methodology.

Ownership category

akta.pro rank

Product category

Technology Consulting Services

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512), Management, Scientific, and Technical Consulting Services (5416), Management Consulting Services (54161)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371), Services-Management Consulting Services (8742)

akta.pro primary industry

Data, Analytics & AI Consulting (BPAHAEAF)

akta.pro secondary industries

Emerging Tech (IoT, Blockchain, AR/VR, Edge) Consulting (BPAHAEAL), ERP, CRM & Enterprise Applications Consulting (BPAHAEAI), Strategy & IT Advisory (BPAEAAAA)

Keywords

• Technology consulting services
• AI modernisation
• Cloud transformation
• Data and AI services
• Digital transformation

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Technology Consulting Services: Professional services providing technology consulting, digital transformation, and implementation services to enterprise clients. Engagements are staffed with expert consultants who work alongside client teams to design, build and operate digital products and systems. The model involves selling tailored client engagements and staffing projects with the best possible experts.
2. Staff Augmentation / Technical Assistance: When client teams lack bandwidth or expertise, Theodo mobilizes experienced profiles capable of creating value quickly while integrating into the client's organization, practices and technologies.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Theodo provides technology consulting and professional services that help organisations design, develop and operate digital products and systems. Services span nine expertises — AI Modernisation, Data, Artificial Intelligence, Web & Mobile Platforms, Cloud, Cybersecurity, Experience Design, Technology Operations and Staff Augmentation — delivered to enterprise clients under Theodo's proprietary Lean Tech methodology combining Toyota Lean Management with Agile engineering.

Product overview

Theodo is a technology consulting firm that helps organizations design, develop, and operate digital products and systems. They offer professional services across nine expertises: AI Modernisation, Data, Artificial Intelligence, Platforms (web & mobile), Cloud, Cybersecurity, Experience Design, Technology Operations, and Staff Augmentation. Their services span multiple industry sectors including Financial Services, Healthcare, Public Sector, Retail/Luxury/CPG, Media and Entertainment, and Apparel. Theodo operates a methodology called Lean Tech® and provides thought leadership content through podcasts, talks, white papers, blog posts, and Tech Radars.

Differentiator

Problem solved

Functional benefit

Brands

• Lean Tech®: Theodo's proprietary methodology combining Toyota's Lean Management principles with Agile practices for software development and delivery.

Products and services

• AI Modernisation

Quantifiable outcome

• NPS of 64 across 4000+ clients
• +5 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• AWS (Amazon Web Services)coreTechnology or IntegrationTheodo is an AWS Advanced Tier Partner with competencies in Migration & Modernization, AWS Lambda, and AWS WAF. They have 30+ AWS certifications (Solutions Architect, DevOps Engineer, Security Specialty, Data & AI Specialty) and 10+ years of experience across AWS environments. Together they accelerate cloud migration, AI adoption and data transformation.
• Google CloudcoreTechnology or IntegrationStrategic partnership to accelerate Data & AI transformation. Combined expertise in cloud infrastructure and AI/ML capabilities for enterprise clients seeking digital transformation.
• OUTSCALEcoreTechnology or IntegrationPartnership combining performance, security and digital sovereignty. OUTSCALE is a French cloud provider offering sovereign cloud solutions, particularly relevant for public sector and regulated industries requiring data residency.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Accenture: Largest global technology and consulting firm with deep capabilities across AI, cloud and digital transformation. Frequently competes head-to-head with Theodo on enterprise modernisation RFPs, particularly with global accounts.
• Sopra Steria: Larger French-headquartered IT services and digital transformation group. Overlaps with Theodo on enterprise application modernisation and digital platforms but operates at significantly greater scale and breadth.
• Capgemini: Global French-origin IT consulting and digital transformation leader. Competes for many of the same enterprise digital, cloud and AI programmes as Theodo, especially with large Financial Services and Public Sector clients.

Direct peers

• Talan: French-founded international consulting and technology services firm with similar revenue scale and a strong data/AI and digital transformation practice. Competes with Theodo for enterprise digital and AI engagements across Financial Services and Public Sector.
• SFEIR: French digital transformation and cloud-native engineering consultancy of similar scale and origin, with strong Google Cloud alliance. Closely overlaps Theodo in cloud modernisation, data and web/mobile engineering.
• Thoughtworks: Global custom software and digital transformation consultancy with comparable engineering culture and emphasis on high-quality delivery methodologies. Closest international analogue to Theodo's Lean Tech positioning.
• Devoteam: Paris-headquartered digital transformation and cloud consulting firm with comparable headcount (7,000+), serving European enterprise clients across similar verticals. Directly competes with Theodo in cloud, data and AI modernisation engagements.
• Zenika: French tech consultancy specializing in agile software development, cloud, data and AI. Comparable in size, methodology focus and target enterprise segments to Theodo.
• Netlight: European technology and digital consulting firm with comparable culture-led, engineering-first approach. Overlaps with Theodo on enterprise digital product engineering and transformation engagements.

Regional players

• BearingPoint: European-origin management and technology consultancy with strong presence in France and Financial Services. Competes with Theodo on digital transformation mandates, particularly in banking and public sector.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/theodo

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Theodo