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
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Sectors
Real Estate & Construction
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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 Itel Laboratories, Inc.
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Funding Insights of ITEL
| 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 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.
| Investor | Description | Founded Year | Domain | Location |
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High-resolution aerial imagery is captured by Nearmap using UAV flights.
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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 ITEL
| 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 - ITEL
| 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 |
Itel Comparisons
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 |
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| domain | founded_year | HQ Location |
Construction material testing and laboratory management software is provided.
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Provides SaaS-driven building information modeling for construction professionals.
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| domain | founded_year | HQ Location |
Provides comprehensive laboratory management software for construction professionals.
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| domain | founded_year | HQ Location |
Provides solutions for managing testing laboratories in the building materials sector.
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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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| 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 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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