About Conduit
Conduit is a company based in San Francisco (United States) founded in 2020 by Anuraag Yachamaneni and Alex Stewart was acquired by Buildforce in December 2024. It operates as a Two-Sided Marketplace. Conduit has raised $150 thousand across 1 funding round from investors including Buildforce and Y Combinator. The company has 2 employees as of December 31, 2022. Conduit offers products and services including Job Board and Electrical Training Course. Conduit operates in a competitive market with competitors including Buildforce, Rated People, Project Hero, Kraaft and Sukedachi, among others.
- Headquarter San Francisco, United States
- Employees 2 as on 31 Dec, 2022
- Founders Anuraag Yachamaneni, Alex Stewart
-
Sectors
Real Estate & ConstructionTechnology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Conduit For Work, Inc
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$150 K (USD)
in 1 rounds
-
Latest Funding Round
$150 K (USD), Seed
Aug 26, 2020
-
Investors
Buildforce
& 1 more
-
Employee Count
2
as on Dec 31, 2022
-
Acquired by
Buildforce
(Dec 18, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Conduit
Conduit offers a comprehensive portfolio of products and services, including Job Board and Electrical Training Course.
A platform for construction workers to find jobs.
Free course providing basic electrical industry training.
Funding Insights of Conduit
Conduit has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Conduit
Conduit has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Buildforce and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage startups are accelerated via funding and educational programs.
|
Locked | Locked | Locked | |
|
Construction workers are matched with employers via online platform.
|
Locked | Locked | Locked |
Investor details for Conduit
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Conduit
Investment portfolio details for Conduit
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Conduit
Detailed financials for Conduit
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Conduit Comparisons
Peer comparison for Conduit
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Conduit
Conduit 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 Buildforce, Rated People, Project Hero, Kraaft and Sukedachi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Construction workers are matched with employers via online platform.
|
|
| Locked | Locked | Locked |
Homeowners are connected with tradesmen via online reverse auction platform.
|
|
| Locked | Locked | Locked |
On-demand staffing for construction projects is facilitated online.
|
|
| Locked | Locked | Locked |
Job site management software is provided for field workforces.
|
|
| Locked | Locked | Locked |
Blue-collar professionals are recruited via a mobile platform.
|
|
| Locked | Locked | Locked |
A job portal for construction professionals is operated by LABR.
|
Detailed competitors of Conduit
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Conduit
Complete news archive for Conduit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Conduit
Conduit was founded in 2020.
Conduit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Anuraag Yachamaneni is the current CEO of Conduit. They have also founded this company.
Conduit is a funded company, having raised a total of $150K across 1 funding round to date.
As of Dec 31, 2022, the latest employee count at Conduit is 2.
Conduit is operated as a recruitment platform connecting construction workers with contractors seeking full-time employees. Focus is placed on the skilled trades, particularly in the electrical industry. A free online training course is offered to newcomers, covering industry basics, safety, and electrical theory. Support is extended to entry-level positions, with many contractors hiring helpers through the platform. The service is designed to streamline hiring processes for contractors while facilitating job opportunities for workers in the construction sector across the United States.
Conduit's top competitors include Kraaft, Buildforce and Project Hero.
Conduit offers Job Board and Electrical Training Course.
Conduit has 2 investors. Key investors include Buildforce, and Y Combinator.