About Exelis Inc
Exelis Inc is a company based in Mclean (United States) founded in 2011 was acquired by Harris in May 2015.. Exelis Inc has raised $2 million across 4 funding rounds from investors including L3Harris Technologies, University of Rochester and OSTI.GOV. The company has 7,589 employees as of December 31, 2014. Exelis Inc has completed 3 acquisitions, including Applied Kilovolts, Genomica and Space Computer. Exelis Inc operates in a competitive market with competitors including Exelis, Structural Monitoring Systems, TecScan and Engilence Technologies, among others.
- Headquarter Mclean, United States
- Employees 7589 as on 31 Dec, 2014
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Sectors
Aerospace, Defense & Maritime
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Exelis Inc.
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Annual Revenue
$3.28 B-2as on Dec 31, 2014
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Net Profit
$249 M-11as on Dec 31, 2014
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EBITDA
$397 M21as on Dec 31, 2014
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Total Equity Funding
$2 M (USD)
in 4 rounds
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Latest Funding Round
$848.06 K (USD), Grant
Jun 11, 2014
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Investors
L3Harris Technologies
& 2 more
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Employee Count
7589
as on Dec 31, 2014
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Investments & Acquisitions
Applied Kilovolts
& 2 more
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Acquired by
Harris
(May 26, 2015)
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Software Development Team
265 people
Leadership Team
100 people
Human Resources and Administration
55 people
Finance and Accounting
51 people
Senior Team
39 people
Lead Team
22 people
Operations Team
17 people
Product Management Team
16 people
Unlock access to complete
Funding Insights of Exelis Inc
Exelis Inc has successfully raised a total of $2M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $848.06 thousand completed in June 2014. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $848,057
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First Round
First Round
(08 Aug 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Grant - Exelis Inc | Valuation |
investors |
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| Aug, 2013 | Amount | Seed - Exelis Inc | Valuation |
investors |
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| Aug, 2009 | Amount | Grant - Exelis Inc | Valuation |
investors |
| 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 Exelis Inc
Exelis Inc has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include L3Harris Technologies, University of Rochester and OSTI.GOV. 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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Multiple courses and degrees are offered across diversified streams.
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Founded Year | Domain | Location | |
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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International communications and IT solutions are provided by Harris.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
|
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 Exelis Inc
Exelis Inc has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Applied Kilovolts, Genomica and Space Computer. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Telecommunications, security, and special force services for defense are provided.
|
1996 | ||||
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Provider of products and services for molecular diagnostics
|
1990 | ||||
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Manufacturer and supplier of HV power supplies quadrupole and time-of-flight mass spectrometry
|
1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Exelis Inc
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Exelis Inc Comparisons
Competitors of Exelis Inc
Exelis Inc 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 Exelis, Structural Monitoring Systems, TecScan and Engilence Technologies, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of strategy, finance, operations & other consulting services
|
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| domain | founded_year | HQ Location |
Structural monitoring systems for aerospace crack detection are developed.
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| domain | founded_year | HQ Location |
Develops automated non-destructive testing equipment for aerospace, industrial, and laboratory applications.
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| domain | founded_year | HQ Location |
Provides comprehensive health monitoring and asset management platforms for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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.
|
Frequently Asked Questions about Exelis Inc
When was Exelis Inc founded?
Exelis Inc was founded in 2011.
Where is Exelis Inc located?
Exelis Inc is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.
Is Exelis Inc a funded company?
Exelis Inc is a funded company, having raised a total of $2M across 4 funding rounds to date. The company's 1st funding round was a Grant of $2.1M, raised on Aug 08, 2005.
How many employees does Exelis Inc have?
As of Dec 31, 2014, the latest employee count at Exelis Inc is 7,589.
What is the annual revenue of Exelis Inc?
Annual revenue of Exelis Inc is $3.28B as on Dec 31, 2014.
What does Exelis Inc do?
Exelis manufactures products for integrated electronic warfare for aerospace industry, sensing and surveillance, air traffic management, information and cyber security, and networked communications. Other offerings include composite aerostructures, logistics, and technical services. The company operates its business through six business segments;Aerostructures, Electronic Systems, Geospatial Systems, Information Systems, Mission Systems, Night Vision Communications Solutions. Its clientele base includes US Department of Defense, the FAA, and NASA. Exelis was spun-off from ITT on Oct. 31, 2011. In 2013 the company recorded annual revenues of 5.52B, and a net profit of 0.33B.
Who are the top competitors of Exelis Inc?
Exelis Inc's top competitors include Structural Monitoring Systems, Exelis and TecScan.
How many acquisitions has Exelis Inc made?
Exelis Inc has made 3 acquisitions, including Applied Kilovolts, Genomica, and Space Computer.
Who are Exelis Inc's investors?
Exelis Inc has 3 investors. Key investors include L3Harris Technologies, University of Rochester, and OSTI.GOV.