About Inspect Point
Inspect Point is a company based in Troy (United States) founded in 2014. It operates as a SaaS (Software-as-a-Service). Inspect Point has raised $28 million across 1 funding round from investors including Mainsail Partners. Inspect Point has completed 1 acquisition, including Formlink Systems. Inspect Point offers products and services including Fire Inspection Software, Deficiency Management System, and Facility Management Software. Inspect Point operates in a competitive market with competitors including Urbint, Powerplay, Breezeway, PlanGrid and Fieldwire, among others.
- Headquarter Troy, United States
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Sectors
Real Estate & ConstructionTechnology
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Email
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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
$28 M (USD)
in 1 rounds
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Latest Funding Round
$28 M (USD), Series B
Jan 13, 2022
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Inspect Point
Inspect Point offers a comprehensive portfolio of products and services, including Fire Inspection Software, Deficiency Management System, and Facility Management Software. 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.
Software for managing fire safety inspections efficiently.
System for tracking and resolving safety deficiencies.
Tool for simplifying facility inspections and maintenance.
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Funding Insights of Inspect Point
Inspect Point has successfully raised a total of $28M through 1 strategic funding round. The most recent funding activity was a Series B round of $28 million completed in January 2022. 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 1
- Last Round Series B — $28.0M
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First Round
First Round
(13 Jan 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Series B - Inspect Point | Valuation | Mainsail Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Inspect Point
Inspect Point has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mainsail 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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Private equity fund focused on multiple sectors
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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 Inspect Point
Inspect Point has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Formlink Systems. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Fire safety inspection software is provided for companies and utilities.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Inspect Point
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Inspect Point Comparisons
Competitors of Inspect Point
Inspect Point 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 Urbint, Powerplay, Breezeway, PlanGrid and Fieldwire, 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 |
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| domain | founded_year | HQ Location |
AI-driven urban datasets and analysis tools are offered by Urbint.
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| domain | founded_year | HQ Location |
SaaS software for construction professionals' communication and collaboration is provided.
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| domain | founded_year | HQ Location |
SaaS-driven inspection management software for property and facility managers
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| domain | founded_year | HQ Location |
Provider of collaboration on web and mobile for field construction
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| domain | founded_year | HQ Location |
A cloud-based collaboration platform is offered for construction project teams.
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| domain | founded_year | HQ Location |
Collaboration and scheduling software is provided for home construction.
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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 Inspect Point
Frequently Asked Questions about Inspect Point
When was Inspect Point founded?
Inspect Point was founded in 2014 and raised its 1st funding round 8 years after it was founded.
Where is Inspect Point located?
Inspect Point is headquartered in Troy, United States.
Is Inspect Point a funded company?
Inspect Point is a funded company, having raised a total of $28M across 1 funding round to date. The company's 1st funding round was a Series B of $28M, raised on Jan 13, 2022.
What does Inspect Point do?
Inspect Point is dedicated to delivering software solutions for the fire protection industry. Services are focused on streamlining operations, enhancing compliance, and maximizing safety for fire and life safety professionals. The platform is utilized to manage inspections, scheduling, deficiencies, proposals, invoicing, and payments. Solutions are tailored for various trades including fire alarms, sprinklers, extinguishers, and special hazards. Operations are supported across office and field environments with mobile and web tools. The company is committed to eliminating inefficiencies and unifying tech stacks for fire protection teams.
Who are the top competitors of Inspect Point?
Inspect Point's top competitors include XYZ Reality, PlanGrid and Breezeway.
What products or services does Inspect Point offer?
Inspect Point offers Fire Inspection Software, Deficiency Management System, and Facility Management Software.
How many acquisitions has Inspect Point made?
Inspect Point has made 1 acquisition, including Formlink Systems.
Who are Inspect Point's investors?
Inspect Point has 1 investor. Key investors include Mainsail Partners.
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