About barometerIT
barometerIT is a company based in Minneapolis (United States) founded in 2009 was acquired by Changepoint in April 2015.. barometerIT operates in a competitive market with competitors including CA Technologies, Planview, KeyedIn, Changepoint and Planisware, among others.
- Headquarter Minneapolis, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Barometer, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Changepoint
(Apr 02, 2015)
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Funding Insights of barometerIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in barometerIT
barometerIT has secured backing from 1 investor. Prominent investors backing the company include Changepoint. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Professional services automation and project portfolio management software are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by barometerIT
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - barometerIT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Barometerit Comparisons
Competitors of barometerIT
barometerIT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CA Technologies, Planview, KeyedIn, Changepoint and Planisware, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
IT infrastructure and identity management solutions are delivered for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based enterprise software for project management and collaboration is offered.
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| domain | founded_year | HQ Location |
Project portfolio management platform
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| domain | founded_year | HQ Location |
Professional services automation and project portfolio management software are provided.
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| domain | founded_year | HQ Location |
Cloud-based project portfolio management software is provided for teams.
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| domain | founded_year | HQ Location |
Priority-based online project management is enabled for teams.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about barometerIT
When was barometerIT founded?
barometerIT was founded in 2009.
Where is barometerIT located?
barometerIT is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
What does barometerIT do?
barometerIT was founded in 2009 in Minneapolis, United States, as a provider of SaaS-based software for IT portfolio analysis. Real-time enterprise mapping is facilitated to align strategic objectives with operational initiatives. Services include application rationalization, IT alignment, portfolio optimization, and enhanced organizational transparency. The company was acquired by Changepoint in April 2015 for an undisclosed amount.
Who are the top competitors of barometerIT?
barometerIT's top competitors include CA Technologies, Planview and Clarizen.
Who are barometerIT's investors?
barometerIT has 1 investor. Key investors include Changepoint.
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