Exist Software Labs, Inc. is a global consulting and technology solutions leader, founded in 2001 and headquartered in Pasig City, Philippines. The company specializes in delivering tailored solutions, consulting, and full-cycle IT services across diverse verticals, including Retail, Banking and Finance, and Healthcare. With a mission to empower enterprises through innovative products and services, Exist leverages its expertise in open-source technologies, domain knowledge, and agile methodologies to build scalable, robust, and highly customizable software applications.
Key Strategic Focus
Exist's strategic focus encompasses providing comprehensive IT solutions that enable enterprises to transform and build sustainable advantages. The company emphasizes the development of integrated information technology solutions and services, catering to clients in the Asia Pacific, Australia, and the United States. By adopting Java Open Source Software early on, Exist has positioned itself as a pioneer in building scalable and customizable software applications.
Financials and Funding
As of July 2025, Exist Software Labs, Inc. has an estimated annual revenue of $34.9 million, with approximately 219 employees. The company has experienced a 6% growth in employee count over the past year. Exist has undergone two funding rounds: a Series B round on January 13, 2001, led by eCompanies, and a Venture Round on December 1, 2006.
Technological Platform and Innovation
Exist utilizes a robust tech stack that includes Gravatar, Cloudflare CDN, Cloudera, OutSystems, Priority Hints, UML, RankMath SEO, and React Native. This diverse technological foundation enables the company to deliver cutting-edge solutions tailored to client needs.
Leadership Team
- Winston Damarillo: Founder and Chairman, with a background as the Chief Executive Officer at Morphlabs.
- Jerry Rapes: Chief Executive Officer, leading the company's strategic direction and operations.
- Willex Perez: Co-Founder, contributing to the company's foundational vision and growth.
- Junnie Arreza: Co-Founder, instrumental in establishing the company's core values and objectives.
Competitor Profile
Market Insights and Dynamics: The IT services and consulting industry is highly competitive, with numerous players offering a range of solutions. Exist's focus on open-source technologies and agile methodologies positions it uniquely within this landscape.
Competitor Analysis: Key competitors include Talentica, Cooperativa de Trabajo TECSO, Discus Business Solutions, and MSP Hitect.
- Talentica: A software development company founded in 2003, headquartered in Pune, India, with approximately 666 employees.
- Cooperativa de Trabajo TECSO: A software and technology development company founded in 2002, based in Florida Oeste, Argentina, with around 223 employees.
- Discus Business Solutions: An IT consulting and software solutions provider founded in 2009, located in Ahmedabad, India, with approximately 74 employees.
- MSP Hitect: An IT consulting and software development company founded in 1999, headquartered in Kuala Lumpur, Malaysia.
Strategic Collaborations and Partnerships
Exist has formed strategic partnerships to enhance its service offerings and market reach. Notably, the company partnered with Jumio to enhance security in financial transactions, demonstrating a focus on innovation and trustworthiness.
Operational Insights
Exist's strategic considerations involve leveraging its expertise in open-source technologies and agile methodologies to maintain a competitive edge. The company's focus on delivering tailored solutions across various industries, including Retail, Banking and Finance, and Healthcare, distinguishes it from competitors.
Strategic Opportunities and Future Directions
Looking ahead, Exist aims to continue its expansion into international markets, as evidenced by its recent office openings in Berlin, Beirut, and Oslo. The company also plans to leverage its award-winning solutions, such as the sophisticated human resource information system (HRIS) recognized with the Philippines Technology Excellence Award 2024, to attract new clients and strengthen its market position.
Contact Information
- Website: www.exist.com
- LinkedIn: Exist Software Labs, Inc.
- Crunchbase: Exist Software Labs, Inc.
