About Innovative Technology Partners
Innovative Technology Partners is a company based in Minneapolis (United States) founded in 2000 was acquired by Cyber Advisors in December 2023.. Innovative Technology Partners has raised $18.14 million across 3 funding rounds from investors including Cyber Advisors, Cambridge Angels and BGF. The company has 53 employees as of December 31, 2021. Innovative Technology Partners offers products and services including Expert Sourcing Platform, AI Assistant, and Project Portal. Innovative Technology Partners operates in a competitive market with competitors including Sermo, Molecule, The Contract Network, XO Life and Human, among others.
- Headquarter Minneapolis, United States
- Employees 53 as on 31 Dec, 2021
- Stage Minicorn
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Sectors
Healthcare
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Phone
*********
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Website
*********
- Legal Name Techspert.Io Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.14 M (USD)
in 3 rounds
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Latest Funding Round
$12 M (USD), Series B
Oct 05, 2021
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Investors
Cyber Advisors
& 9 more
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Employee Count
53
as on Dec 31, 2021
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Acquired by
Cyber Advisors
(Dec 22, 2023)
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Products & Services of Innovative Technology Partners
Innovative Technology Partners offers a comprehensive portfolio of products and services, including Expert Sourcing Platform, AI Assistant, and Project Portal. 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.
Platform for finding and vetting experts in healthcare fields.
Automates call transcription and insight generation for research.
Facilitates scheduling and sharing of expert interviews.
Unlock access to complete
Funding Insights of Innovative Technology Partners
Innovative Technology Partners has successfully raised a total of $18.14M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in October 2021. 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 3
- Last Round Series B — $12.0M
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First Round
First Round
(11 Dec 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series B - Innovative Technology Partners | Valuation | BGF , Nauta Capital | |
| Feb, 2020 | Amount | Unspecified - Innovative Technology Partners | Valuation | Nauta Capital | |
| Dec, 2018 | Amount | Unspecified - Innovative Technology Partners | Valuation | Simon Thorpe |
| 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 Innovative Technology Partners
Innovative Technology Partners has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Cyber Advisors, Cambridge Angels and BGF. 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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Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Founded Year | Domain | Location | |
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Venture capital firm focused on B2B SaaS solutions, enterprise tech, and deeptech applications
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Founded Year | Domain | Location | |
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Venture capital firm focused on angel investments
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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 Innovative Technology Partners
| 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 - Innovative Technology Partners
| 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 |
Innovative Technology Partners Comparisons
Competitors of Innovative Technology Partners
Innovative Technology Partners 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 Sermo, Molecule, The Contract Network, XO Life and Human, 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 social community for physicians
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| domain | founded_year | HQ Location |
Cannabis-infused beverages are developed and marketed by Molecule.
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| domain | founded_year | HQ Location |
A digital platform is used for clinical trial contract collaboration.
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| domain | founded_year | HQ Location |
Pharmacovigilance and patient engagement platform is provided for pharmacies.
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| domain | founded_year | HQ Location |
Limited public details on core activities are available.
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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.
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Latest news on Innovative Technology Partners
Frequently Asked Questions about Innovative Technology Partners
When was Innovative Technology Partners founded?
Innovative Technology Partners was founded in 2000 and raised its 1st funding round 18 years after it was founded.
Where is Innovative Technology Partners located?
Innovative Technology Partners is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Innovative Technology Partners a funded company?
Innovative Technology Partners is a funded company, having raised a total of $18.14M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $1.27M, raised on Dec 11, 2018.
How many employees does Innovative Technology Partners have?
As of Dec 31, 2021, the latest employee count at Innovative Technology Partners is 53.
What does Innovative Technology Partners do?
Innovative Technology Partners was founded in 2000 in Minneapolis, United States. An expert network is maintained for the healthcare and life sciences sectors. Individuals requiring expert insights are linked with field specialists through AI-powered and data-backed search technology. Operations are centered on facilitating these connections, with Dan Sundin serving as owner.
Who are the top competitors of Innovative Technology Partners?
Innovative Technology Partners's top competitors include Sermo, XO Life and The Contract Network.
What products or services does Innovative Technology Partners offer?
Innovative Technology Partners offers Expert Sourcing Platform, AI Assistant, and Project Portal.
Who are Innovative Technology Partners's investors?
Innovative Technology Partners has 10 investors. Key investors include Cyber Advisors, Cambridge Angels, BGF, Nauta Capital, and Mike Adams.
What is Innovative Technology Partners's valuation?
The valuation of Innovative Technology Partners is $15.6M as of Feb 2020.