About JITX
JITX is a company based in Berkeley (United States) founded in 2017 by Patrick Li, Jonathan Bachrach, Austin Buchan, and Duncan Haldane.. JITX has raised $12.15 million across 2 funding rounds from investors including FundersClub, Y Combinator and Sequoia Capital. The company has 15 employees as of December 31, 2021. JITX offers products and services including JITX Platform and SI-Optimizing Autorouter. JITX operates in a competitive market with competitors including Autodesk, Synopsys, Cadence, Mentor Graphics and proteanTecs, among others.
- Headquarter Berkeley, United States
- Employees 15 as on 31 Dec, 2021
- Founders Patrick Li, Jonathan Bachrach, Austin Buchan, Duncan Haldane
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Sectors
Industrial Goods & ManufacturingTechnology
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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 Jitx Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.15 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Sep 20, 2022
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Investors
FundersClub
& 3 more
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Employee Count
15
as on Dec 31, 2021
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Products & Services of JITX
JITX offers a comprehensive portfolio of products and services, including JITX Platform and SI-Optimizing Autorouter. 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.
AI-driven tool for automating PCB design and optimization processes.
Feature for signal integrity in complex board designs with efficiency.
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Funding Insights of JITX
JITX has successfully raised a total of $12.15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in September 2022. 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 2
- Last Round Series A — $12.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series A - JITX | Valuation | Sequoia Capital | |
| Jun, 2018 | Amount | Seed - JITX | Valuation |
investors |
| 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 JITX
JITX has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include FundersClub, Y Combinator and Sequoia Capital. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage investment in multiple sectors
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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 JITX
| 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 - JITX
| 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 |
Jitx Comparisons
Competitors of JITX
JITX 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 Autodesk, Synopsys, Cadence, Mentor Graphics and proteanTecs, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cloud-based 3D CAD modeling software for the AEC industry
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| domain | founded_year | HQ Location |
Electronic design automation solutions are provided for semiconductor systems.
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| domain | founded_year | HQ Location |
Cloud and AI-powered tools for integrated circuit design are provided.
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| domain | founded_year | HQ Location |
Developer of software tools for electronic design automation
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| domain | founded_year | HQ Location |
Cloud-based analytics software for chip health monitoring is provided.
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| domain | founded_year | HQ Location |
Provides comprehensive yield management software solutions for businesses.
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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 Jitx
Frequently Asked Questions about JITX
When was JITX founded?
JITX was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is JITX located?
JITX is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Who is the current CEO of JITX?
Duncan Haldane is the current CEO of JITX. They have also founded this company.
Is JITX a funded company?
JITX is a funded company, having raised a total of $12.15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jun 01, 2018.
How many employees does JITX have?
As of Dec 31, 2021, the latest employee count at JITX is 15.
What does JITX do?
JITX was founded in 2017 in Berkeley, United States, as a provider of AI-driven software for printed circuit board design within the electronics sector. Operations focus on tools for plasmonic sensors and technical consultations, with PCBs manufactured from system block diagrams and specifications. Optimization, compiler, and programming language techniques are applied to electronics design challenges. Prototypes are supplied alongside CAD files, documentation, and example codes.
What products or services does JITX offer?
JITX offers JITX Platform and SI-Optimizing Autorouter.
Who are JITX's investors?
JITX has 4 investors. Key investors include FundersClub, Y Combinator, Sequoia Capital, and Liquid 2 Ventures.
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