About IRT
IRT is a company based in Dundee (United Kingdom) founded in 2002 by Alan Little and Stewart Little was acquired by Mears Group in August 2022.. The company has 6 employees as of January 31, 2021. IRT offers products and services including Thermal Imaging Surveys and DREam Software. IRT operates in a competitive market with competitors including Particle, ecobee, Landis+Gyr, Nanoleaf and Span.IO, among others.
- Headquarter Dundee, United Kingdom
- Employees 6 as on 31 Jan, 2021
- Founders Alan Little, Stewart Little
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Sectors
Business ServicesEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Irt Surveys Limited
- Date of Incorporation 22 Jan, 2002
- Jurisdiction COATBRIDGE, SCOTLAND
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Annual Revenue
$586.49 K (USD)15as on Dec 31, 2019
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Net Profit
$56.33 K (USD)502as on Dec 31, 2019
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EBITDA
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Latest Funding Round
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Investors
Mears Group
& 2 more
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Employee Count
6
as on Jan 31, 2021
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Acquired by
Mears Group
(Aug 15, 2022)
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Products & Services of IRT
IRT offers a comprehensive portfolio of products and services, including Thermal Imaging Surveys and DREam 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.
Detects building defects and leaks using infrared technology
Platform for retrofit planning and accessing net-zero funding
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Funding Insights of IRT
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series A - IRT | Valuation |
investors |
| 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 IRT
IRT has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Mears Group, Ignite Social Enterprise and Shackleton Ventures. 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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Founded Year | Domain | Location | |
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Shackleton Ventures is focused on secondary venture and development capital investments.
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Founded Year | Domain | Location | |
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Housing and care services are provided across the UK.
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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 IRT
| 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 - IRT
| 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 |
Irt Comparisons
Competitors of IRT
IRT 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 Particle, ecobee, Landis+Gyr, Nanoleaf and Span.IO, 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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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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End-to-end energy management solutions are provided for utilities worldwide.
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Energy-efficient smart lightbulbs are developed by Nanoleaf.
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Smart panels for home energy management are provided by Span.IO.
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Signify is recognized as a global leader in lighting solutions.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Irt
Frequently Asked Questions about IRT
When was IRT founded?
IRT was founded in 2002 and raised its 1st funding round 14 years after it was founded.
Where is IRT located?
IRT is headquartered in Dundee, United Kingdom. It is registered at Dundee, Scotland, United Kingdom.
Who is the current CEO of IRT?
Stewart Little is the current CEO of IRT. They have also founded this company.
How many employees does IRT have?
As of Jan 31, 2021, the latest employee count at IRT is 6.
What is the annual revenue of IRT?
Annual revenue of IRT is $586.49K as on Dec 31, 2019.
What does IRT do?
IRT was founded in 2002 in Dundee, United Kingdom, within the thermal surveying sector. Cloud-based solutions are delivered to assess thermal conditions in buildings, inspect inefficiencies and leaks, and recommend optimization measures. Software tools including TheHouseSurvey, Envision, eDash, and DREam are employed. Operations cover services such as flat roofing inspections, underfloor heating evaluations, predictive maintenance, and thermal drone surveying.
Who are the top competitors of IRT?
IRT's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does IRT offer?
IRT offers Thermal Imaging Surveys and DREam Software.
Who are IRT's investors?
IRT has 3 investors. Key investors include Mears Group, Ignite Social Enterprise, and Shackleton Ventures.
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