About iT1
iT1 is a company based in Tempe (United States) founded in 2003.. iT1 offers products and services including Cloud Services, Managed Services, Lifecycle Services, and Security Services. iT1 operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Tempe, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name It1 Technology Solutions India Private Limited
- Date of Incorporation 16 Mar, 2020
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$3.56 K (USD)0as on Mar 31, 2023
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Net Profit
$-15.52 K (USD)-122.26as on Mar 31, 2023
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EBITDA
$-14.52 K (USD)-143.42as on Mar 31, 2023
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Latest Funding Round
$25 M (USD), Debt – Conventional
Aug 01, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of iT1
iT1 offers a comprehensive portfolio of products and services, including Cloud Services, Managed Services, Lifecycle Services, and Security Services. 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.
Solutions for cloud migration and management of IT operations.
Streamlined tech ecosystem with end-to-end support and monitoring.
Tracking and support for technology assets and supply chain.
Backup, detection, and response for protecting business data.
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Leadership Team
3 people
Sales and Marketing
3 people
Operations Team
1 people
Software Development Team
1 people
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Funding Insights of iT1
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $25.0M
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First Round
First Round
(01 Aug 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2023 | Amount | Debt – Conventional - iT1 | Valuation |
investors |
| 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 iT1
iT1 has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MidFirst Business Credit. 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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Offers loans to small and medium enterprises.
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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 iT1
| 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 - iT1
| 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 |
It1 Comparisons
Competitors of iT1
iT1 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on It1
Frequently Asked Questions about iT1
When was iT1 founded?
iT1 was founded in 2003 and raised its 1st funding round 20 years after it was founded.
Where is iT1 located?
iT1 is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.
Who is the current CEO of iT1?
Bryan Clifton is the current CEO of iT1.
What is the annual revenue of iT1?
Annual revenue of iT1 is $3.56K as on Mar 31, 2023.
What does iT1 do?
iT1, founded in 2003 in Tempe, United States, focuses on providing business support, providing IT services, and suite. Provider of IT services suite solutions. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of iT1?
iT1's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does iT1 offer?
iT1 offers Cloud Services, Managed Services, Lifecycle Services, and Security Services.
Who are iT1's investors?
iT1 has 1 investor. Key investors include MidFirst Business Credit.