About IFTTT
IFTTT is a company based in San Francisco (United States) founded in 2010 by Alexander Tibbets.. IFTTT has raised $62.5 million across 4 funding rounds from investors including IBM, Lerer Hippeau and Norwest Venture Partners. IFTTT offers products and services including Applets, IFTTT Platform, and Service Integrations. IFTTT operates in a competitive market with competitors including Savant Labs, Raftt, Substrate, Luminai and N8n, among others.
- Headquarter San Francisco, United States
- Founders Alexander Tibbets
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$62.5 M (USD)
in 4 rounds
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Latest Funding Round
$24 M (USD), Series C
Apr 26, 2018
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Investors
IBM
& 17 more
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Employee Count
Employee Count
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Products & Services of IFTTT
IFTTT offers a comprehensive portfolio of products and services, including Applets, IFTTT Platform, and Service Integrations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Custom scripts for connecting and automating app services
Web and mobile system for creating no-code automations
Links to apps like Google and Twitter for task automation
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Funding Insights of IFTTT
IFTTT has successfully raised a total of $62.5M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $24 million completed in April 2018. 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 Series C — $24.0M
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First Round
First Round
(04 Jan 2012)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Series C - IFTTT | Valuation | Salesforce Ventures | |
| Aug, 2014 | Amount | Series B - IFTTT | Valuation | Norwest Venture Partners | |
| Dec, 2012 | Amount | Series A - IFTTT | Valuation | a16z |
| 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 IFTTT
IFTTT has secured backing from 18 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include IBM, Lerer Hippeau and Norwest Venture Partners. 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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Global tech sector investments are managed by Fenox Venture Capital.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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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 IFTTT
| 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 - IFTTT
| 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 |
Ifttt Comparisons
Competitors of IFTTT
IFTTT 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 Savant Labs, Raftt, Substrate, Luminai and N8n, 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 |
Automation platform for business analytics is delivered via agentic AI.
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| domain | founded_year | HQ Location |
Workflow automation platform is provided for developer environments and collaboration.
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| domain | founded_year | HQ Location |
A platform is developed for building multi-step AI workloads.
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| domain | founded_year | HQ Location |
Artificial intelligence based platform offering internal workflow automation solutions
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| domain | founded_year | HQ Location |
Cloud and AI-based workflow automation is facilitated through visual tools.
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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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Latest news on Ifttt
Frequently Asked Questions about IFTTT
When was IFTTT founded?
IFTTT was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is IFTTT located?
IFTTT is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of IFTTT?
Linden Tibbets is the current CEO of IFTTT.
Is IFTTT a funded company?
IFTTT is a funded company, having raised a total of $62.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $7M, raised on Jan 04, 2012.
What does IFTTT do?
IFTTT was founded in 2010 in San Francisco, United States, as an integrations platform. Conditional workflows are enabled through customizable applets that connect applications and devices. Operations focus on third-party integrations for business technology stacks. Solutions are provided for sectors including fintech, smart home, and energy management. The platform supports automation across various industries from its base in the U.S.
Who are the top competitors of IFTTT?
IFTTT's top competitors include Savant Labs, N8n and DeepOpinion.
What products or services does IFTTT offer?
IFTTT offers Applets, IFTTT Platform, and Service Integrations.
Who are IFTTT's investors?
IFTTT has 18 investors. Key investors include IBM, Lerer Hippeau, Norwest Venture Partners, Chamberlain Group, and Fenox Venture Capital.
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