Ilosta

Glasgow, United Kingdom Founded: 2019 • Age: 7 yrs
AI-based monitoring software is provided for asset integrity analytics.
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About Ilosta

Ilosta is a company based in Glasgow (United Kingdom) founded in 2019 by Saber Khayatzadeh.. Ilosta offers products and services including Crack Map, 3D Modelling, Detection and Classification, Damage Mapping, and Damage Evaluation. Ilosta operates in a competitive market with competitors including ONYX InSight, Offshare, Aquiloz, Silogic Technology and Artesis, among others.

  • Headquarter Glasgow, United Kingdom
  • Founders Saber Khayatzadeh
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ilosta (Crack Map™) Ltd
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Ilosta

Ilosta offers a comprehensive portfolio of products and services, including Crack Map, 3D Modelling, Detection and Classification, Damage Mapping, and Damage Evaluation. 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.

Primary

Detects and analyzes defects in engineering structures.

Enables exploration of asset data in single 3D models.

Identifies cracks and defects on critical structures.

Visualizes and analyzes reconstructed models of assets.

Predicts extent of damage using physics-based algorithms.

People of Ilosta
Headcount 1-10
Employee Profiles 5
Employee Profiles
People
Saber Khayatzadeh
CEO and Founder
People
Mike Letchford
Chief Operating Officer
People
Maria Hillier
Marketing Manager
People
Tony Hamill
Business Development

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Funding Insights of Ilosta

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Seed - Ilosta Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Ilosta

Ilosta has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include University of Strathclyde, Scottish Enterprise and Equity Gap. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Angel investment funding is facilitated for early-stage Scottish businesses.
Founded Year Domain Location
Public university offering multiple degrees and courses across diversified streams
Founded Year Domain Location
Business development and leadership training programs are offered to companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ilosta

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ilosta

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ilosta Comparisons

Employees
+
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Competitors of Ilosta

Ilosta 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 ONYX InSight, Offshare, Aquiloz, Silogic Technology and Artesis, 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.

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Centralized software for offshore wind farm data collection, operations, and collaboration.
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-
domain founded_year HQ Location
Delivers AI-based cyber-threat detection for defence and critical infrastructure systems.
domain founded_year HQ Location
Provides condition monitoring and predictive maintenance for industrial assets worldwide.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ilosta

Frequently Asked Questions about Ilosta

When was Ilosta founded?

Ilosta was founded in 2019 and raised its 1st funding round 5 years after it was founded.

Where is Ilosta located?

Ilosta is headquartered in Glasgow, United Kingdom. It is registered at Glasgow, Scotland, United Kingdom.

Who is the current CEO of Ilosta?

Saber Khayatzadeh is the current CEO of Ilosta. They have also founded this company.

What does Ilosta do?

Ilosta was founded in 2019 in Glasgow, United Kingdom, by Saber Khayatzadeh as founder and CEO. AI-based monitoring software is offered by the company within the asset integrity sector. Analytics are delivered to inspectors, surveyors, asset owners, and insurance providers to support evaluations of asset conditions. Operations focus on software solutions that enable deeper insights into integrity assessments across various industries.

Who are the top competitors of Ilosta?

Ilosta's top competitors include ONYX InSight, Offshare and Aquiloz.

What products or services does Ilosta offer?

Ilosta offers Crack Map, 3D Modelling, Detection and Classification, Damage Mapping, and Damage Evaluation.

Who are Ilosta's investors?

Ilosta has 3 investors. Key investors include University of Strathclyde, Scottish Enterprise, and Equity Gap.

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