Condoit Overview
- Year Founded
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2020
- Status
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Private
- Employees
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13
- Latest Deal Type
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Early Stage VC
- Latest Deal Amount
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$4.25M
- Investors
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11
Condoit General Information
Description
Developer of a circuit analysis software designed to collect and analyze electrical system data. The company's software eliminates the time and human error involved in short circuit and arc flash analysis and predicts system failures before they occur, enabling engineers and the owners of facilities to control short circuits in a manageable and affordable way.
Contact Information
Website
www.condoit.ioCorporate Office
- 1500 1st Avenue North
- Suite B124
- Birmingham, AL 35203
- United States
Corporate Office
- 1500 1st Avenue North
- Suite B124
- Birmingham, AL 35203
- United States
Condoit Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC | 18-Apr-2024 | $4.25M | Completed | Generating Revenue | ||
| 3. Accelerator/Incubator | 29-Oct-2021 | Completed | Generating Revenue | |||
| 2. Seed Round | 20-Apr-2021 | $1M | $1.02M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 08-Sep-2020 | $20K | $20K | Completed | Startup |
VC Exit Predictor
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Opportunity Score
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Condoit Comparisons
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Condoit Competitors (3)
One of Condoit’s 3 competitors is Sensorberg, a Venture Capital-Backed company based in Berlin, Germany.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sensorberg | Venture Capital-Backed | Berlin, Germany | ||||
| Ayla Networks | Private Equity-Backed | San Jose, CA | ||||
| ThingSpeak | Corporation | Natick, MA |
Condoit Related Research & Analysis
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Condoit Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| C2 Ventures | Venture Capital | Minority | ||
| Clocktower Ventures | Venture Capital | Minority | ||
| Fontinalis Partners | Venture Capital | Minority | ||
| Navitas Capital | Venture Capital | Minority | ||
| Southwire | VC-Backed Company | Minority |
Condoit FAQs
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When was Condoit founded?
Condoit was founded in 2020.
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Where is Condoit headquartered?
Condoit is headquartered in Birmingham, AL.
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What is the size of Condoit?
Condoit has 13 total employees.
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What industry is Condoit in?
Condoit’s primary industry is Business/Productivity Software.
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Is Condoit a private or public company?
Condoit is a Private company.
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What is Condoit’s current revenue?
The current revenue for Condoit is .
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How much funding has Condoit raised over time?
Condoit has raised $5.54M.
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Who are Condoit’s investors?
C2 Ventures, Clocktower Ventures, Fontinalis Partners, Navitas Capital, and Southwire are 5 of 11 investors who have invested in Condoit.
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Who are Condoit’s competitors?
Sensorberg, Ayla Networks, and ThingSpeak are competitors of Condoit.
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