About ITpipes
ITpipes is a company based in Albuquerque (United States) founded in 2009.. ITpipes has raised $20 million across 1 funding round from investors including Trilogy Search Partners and Miramar Equity Partners. ITpipes offers products and services including ITpipes Mobile, ITpipes Web, and ITpipes Cloud. ITpipes operates in a competitive market with competitors including Fracta, ARIX Technologies, Syrinix, VAPAR and HWM Global, among others.
- Headquarter Albuquerque, United States
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Sectors
Environment
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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 Itpipes Opco Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series B
Aug 13, 2024
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Investors
Trilogy Search Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of ITpipes
ITpipes offers a comprehensive portfolio of products and services, including ITpipes Mobile, ITpipes Web, and ITpipes Cloud. 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.
Mobile app for on-site pipe inspection and data capture.
Web platform for reviewing and analyzing inspection data.
Cloud-based solution for seamless data storage and access.
Funding Insights of ITpipes
ITpipes has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series B round of $20 million completed in August 2024. 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 1
- Last Round Series B — $20.0M
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First Round
First Round
(13 Aug 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series B - ITpipes | Valuation | Trilogy Search Partners , Miramar Equity Partners |
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| 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 ITpipes
ITpipes has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Trilogy Search Partners and Miramar Equity Partners. 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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Miramar Equity Partners is engaged in private equity investments.
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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 ITpipes
| 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 - ITpipes
| 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 |
Itpipes Comparisons
Competitors of ITpipes
ITpipes 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 Fracta, ARIX Technologies, Syrinix, VAPAR and HWM Global, 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 |
Provider of a SaaS platform to assess water conditions for utilities
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| domain | founded_year | HQ Location |
Pipeline inspection robots are provided for industrial sectors.
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| domain | founded_year | HQ Location |
Water network monitoring hardware and software solutions are provided.
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| domain | founded_year | HQ Location |
Machine learning platform for assessing sewer pipe conditions is developed.
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| domain | founded_year | HQ Location |
Monitoring solutions for water, wastewater, and gas lines are provided.
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| domain | founded_year | HQ Location |
Acoustic leak detection solutions are provided for water networks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Itpipes
Frequently Asked Questions about ITpipes
When was ITpipes founded?
ITpipes was founded in 2009 and raised its 1st funding round 15 years after it was founded.
Where is ITpipes located?
ITpipes is headquartered in Albuquerque, United States. It is registered at Albuquerque, New Mexico, United States.
Who is the current CEO of ITpipes?
Cori Criss is the current CEO of ITpipes.
Is ITpipes a funded company?
ITpipes is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series B of $20M, raised on Aug 13, 2024.
What does ITpipes do?
ITpipes was founded in 2009 in Albuquerque, United States. Solutions for pipeline inspection are offered by the company, with emphasis on planning, drill-down prioritization, and asset management. Operations are centered in the infrastructure sector, where tools and services are utilized for pipeline assessment and maintenance needs across utilities in the region.
Who are the top competitors of ITpipes?
ITpipes's top competitors include Syrinix, SmartCover Systems and Fracta.
What products or services does ITpipes offer?
ITpipes offers ITpipes Mobile, ITpipes Web, and ITpipes Cloud.
Who are ITpipes's investors?
ITpipes has 2 investors. Key investors include Trilogy Search Partners, and Miramar Equity Partners.
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