ITEL

Jacksonville, United States Founded: 1992 • Age: 34 yrs Acquired By Nearmap
Building material testing and laboratory management software is provided.
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About ITEL

ITEL is a company based in Jacksonville (United States) founded in 1992 was acquired by Nearmap in May 2025.. ITEL operates in a competitive market with competitors including ElmTree System, BAKHTI Software, Doble A Lab and Laboratory of Industrial Informatics, among others.

  • Headquarter Jacksonville, United States
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Itel Laboratories, Inc.
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Nearmap

    (May 20, 2025)

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Funding Insights of ITEL

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 ITEL

ITEL has secured backing from 1 investor. Prominent investors backing the company include Nearmap. 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
Investor Description Founded Year Domain Location
High-resolution aerial imagery is captured by Nearmap using UAV flights.
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 ITEL

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 - ITEL

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

Itel Comparisons

Employees
+
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Competitors of ITEL

ITEL 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 ElmTree System, BAKHTI Software, Doble A Lab and Laboratory of Industrial Informatics, 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
Construction material testing and laboratory management software is provided.
domain founded_year HQ Location
Provides SaaS-driven building information modeling for construction professionals.
domain founded_year HQ Location
Provides comprehensive laboratory management software for construction professionals.
domain founded_year HQ Location
Provides solutions for managing testing laboratories in the building materials sector.
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 Itel

Frequently Asked Questions about ITEL

When was ITEL founded?

ITEL was founded in 1992.

Where is ITEL located?

ITEL is headquartered in Jacksonville, United States.

What does ITEL do?

Founded in 1992 and based in Jacksonville, United States, ITEL operates in the construction materials sector. Laboratory management software is offered for testing flooring, roofing, siding, cabinets, and related materials. Samples are submitted physically or via a mobile app available on Android and iOS. Thorough analysis of submissions is conducted, with comprehensive lab reports generated based on the results.

Who are the top competitors of ITEL?

ITEL's top competitors include ElmTree System, BAKHTI Software and Doble A Lab.

Who are ITEL's investors?

ITEL has 1 investor. Key investors include Nearmap.

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