About FortressIQ
FortressIQ is a company based in San Francisco (United States) founded in 2017 was acquired by Automation Anywhere in December 2021. FortressIQ has raised $47 million across 4 funding rounds from investors including Automation Anywhere, Lightspeed Venture Partners and M12. The company has 59 employees as of December 31, 2020. FortressIQ operates in a competitive market with competitors including UiPath, HyperScience, Automation Anywhere, Blue Prism and Aisera, among others.
- Headquarter San Francisco, United States
- Employees 59 as on 31 Dec, 2020
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Fortressiq, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$47 M (USD)
in 4 rounds
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Latest Funding Round
$30 M (USD), Series B
May 13, 2020
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Investors
Automation Anywhere
& 6 more
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Employee Count
59
as on Dec 31, 2020
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Acquired by
Automation Anywhere
(Dec 23, 2021)
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People of FortressIQ
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Software Development Team
216 people
Leadership Team
78 people
Sales and Marketing
72 people
Senior Team
45 people
Product Management Team
31 people
Operations Team
15 people
Finance and Accounting
12 people
Human Resources and Administration
12 people
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Funding Insights of FortressIQ
FortressIQ has successfully raised a total of $47M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in May 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 FortressIQ
FortressIQ has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Automation Anywhere, Lightspeed Venture Partners and M12.
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Venture capital investments in technology startups are facilitated by M12.
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Venture and private equity investments are managed with global diversification.
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Venture capital firm focused on crypto infra, and SaaS companies
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Investor details for FortressIQ
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Investments & Acquisitions by FortressIQ
Investment portfolio details for FortressIQ
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Financial Statements - FortressIQ
Detailed financials for FortressIQ
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Fortressiq Comparisons
Peer comparison for FortressIQ
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Competitors of FortressIQ
FortressIQ 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 UiPath, HyperScience, Automation Anywhere, Blue Prism and Aisera, among others.
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Cloud-based robotic process automation software is developed and provided.
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Document processing is automated through AI-based robotic platforms.
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An AI-based platform for robotic process automation is provided.
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Cloud-based platform for cognitive automation
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AI agent platform for enterprise task automation is provided.
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Provider of robotic process automation and chatbot solutions to automate work processes
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Detailed competitors of FortressIQ
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Latest news on Fortressiq
Complete news archive for FortressIQ
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Frequently Asked Questions about FortressIQ
FortressIQ was founded in 2017.
FortressIQ is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
FortressIQ is a funded company, having raised a total of $47M across 4 funding rounds to date.
As of Dec 31, 2020, the latest employee count at FortressIQ is 59.
FortressIQ provides digital transformation to manage a quantified workforce. It allows users to manage virtual process analysts to manage documents and process them with web-based solutions. It enables users to manage meta-learning and data mapping solutions. Other solutions include digital transformation, data security and data governance solutions.
FortressIQ's top competitors include UiPath, HyperScience and Automation Anywhere.
FortressIQ has 7 investors. Key investors include Automation Anywhere, Lightspeed Venture Partners, M12, Tiger Global, and Boldstart Ventures.