About Itineris
Itineris is a company based in Marietta (United States) founded in 2003 by Edgard Vermeersch.. Itineris has raised $32.52 million across 3 funding rounds from investors including PMV and Gimv. Itineris has completed 1 acquisition, including Opinum. Itineris offers products and services including UMAX for Utilities, UMAX for EV, Data Intelligence, and Verity – Rating & Insights. Itineris operates in a competitive market with competitors including PowerSecure, Gorilla, Uplight, Lumenaza and Technosylva, among others.
- Headquarter Marietta, United States
- Founders Edgard Vermeersch
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Itineris
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Itineris
Itineris offers a comprehensive portfolio of products and services, including UMAX for Utilities, UMAX for EV, Data Intelligence, and Verity – Rating & Insights. 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.
Cloud-based system for utility billing and customer management
Solution for electric vehicle data and field services
Platform for managing and analyzing utility data
Tools for rating and gaining insights in utilities
Unlock access to complete
Unlock access to complete
Funding Insights of Itineris
Itineris has successfully raised a total of $32.52M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $11.07 million completed in January 2017. 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 3
- Last Round Series B — $11.1M
-
First Round
First Round
(08 Nov 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Series B - Itineris | Valuation | Gimv | |
| May, 2015 | Amount | Series B - Itineris | Valuation | Gimv | |
| Nov, 2013 | Amount | Series B - Itineris | Valuation | Gimv |
| 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 Itineris
Itineris has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include PMV and Gimv. 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 |
|---|---|---|---|---|
|
Private equity firm
|
Founded Year | Domain | Location | |
|
Private debt funds are managed across multiple sectors.
|
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 Itineris
Itineris has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Opinum. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Data management technology is provided for energy and environmental sectors.
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Itineris
| 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 |
Itineris Comparisons
Competitors of Itineris
Itineris 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 PowerSecure, Gorilla, Uplight, Lumenaza and Technosylva, 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 |
Energy efficiency and smart grid management solutions
|
|
| domain | founded_year | HQ Location |
Developer of electricity transmission based utility projects
|
|
| domain | founded_year | HQ Location |
AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings
|
|
| domain | founded_year | HQ Location |
Renewable electricity is traded and billed via a SaaS platform.
|
|
| domain | founded_year | HQ Location |
Provider of GIS-enabled software solutions for multiple sectors
|
|
| domain | founded_year | HQ Location |
Provider of cloud-based digital meters to store and communicate electricity consumption
|
| 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 Itineris
Frequently Asked Questions about Itineris
When was Itineris founded?
Itineris was founded in 2003 and raised its 1st funding round 10 years after it was founded.
Where is Itineris located?
Itineris is headquartered in Marietta, United States. It is registered at Marietta, Georgia, United States.
Who is the current CEO of Itineris?
Edgard Vermeersch is the current CEO of Itineris. They have also founded this company.
Is Itineris a funded company?
Itineris is a funded company, having raised a total of $32.52M across 3 funding rounds to date. The company's 1st funding round was a Series B of $11.45M, raised on Nov 08, 2013.
What does Itineris do?
Itineris was founded in 2003 and is headquartered in Marietta, United States. Technologies for customer care and operations within the utilities sector are supplied, alongside consultancy, implementation, and support services. A UMAX business solution, serving as a CISERP system, has been developed and certified for Microsoft Dynamics AX 2012. Operations focus on utility-related solutions across various geographies.
Who are the top competitors of Itineris?
Itineris's top competitors include PowerSecure, Gorilla and SparkMeter.
What products or services does Itineris offer?
Itineris offers UMAX for Utilities, UMAX for EV, Data Intelligence, and Verity – Rating & Insights.
How many acquisitions has Itineris made?
Itineris has made 1 acquisition, including Opinum.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.