About Riptide IO
Riptide IO is a company based in Santa Barbara (United States) founded in 2012 by Marti Ogram, Shaun Leimbrock, and Mike Franco was acquired by Turntide in March 2021. Riptide IO has raised $5.5 million across 3 funding rounds from investors including Turntide. The company has 3 employees as of January 30, 2025. Riptide IO operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.
- Headquarter Santa Barbara, United States
- Employees 3 as on 30 Jan, 2025
- Founders Marti Ogram, Shaun Leimbrock, Mike Franco
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Sectors
TechnologyBusiness Services Energy & Utilities Real Estate & Construction
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Phone
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Website
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Social
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- Legal Name Turntide Technologies Private Limited
- Date of Incorporation 14 Mar, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.12 M (USD)24.52as on Mar 31, 2024
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Net Profit
$59.68 K (USD)129.55as on Mar 31, 2024
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EBITDA
$408.98 K (USD)127.83as on Mar 31, 2024
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Total Equity Funding
$5.5 M (USD)
in 3 rounds
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Latest Funding Round
$1.5 M (USD), Series A
Apr 19, 2018
- Investors
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Employee Count
3
as on Jan 30, 2025
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Acquired by
Turntide
(Mar 02, 2021)
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People of Riptide IO
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Funding Insights of Riptide IO
Riptide IO has successfully raised a total of $5.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in April 2018. 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.
Investors in Riptide IO
Riptide IO has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Turntide.
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Provider of smart energy management solutions
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Investor details for Riptide IO
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Investments & Acquisitions by Riptide IO
Investment portfolio details for Riptide IO
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Financial Statements - Riptide IO
Detailed financials for Riptide IO
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Riptide Io Comparisons
Peer comparison for Riptide IO
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Competitors of Riptide IO
Riptide IO 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 Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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Manufacturer of energy efficiency products
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Provider of solutions for energy monitoring for residential building
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Detailed competitors of Riptide IO
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Latest news on Riptide Io
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Frequently Asked Questions about Riptide IO
Riptide IO was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Riptide IO is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California, United States.
Mike Franco is the current CEO of Riptide IO. They have also founded this company.
Riptide IO is a funded company, having raised a total of $5.5M across 3 funding rounds to date.
As of Jan 30, 2025, the latest employee count at Riptide IO is 3.
Annual revenue of Riptide IO is $1.12M as on Mar 31, 2024.
Riptide was founded in 2012 in Santa Barbara, United States, focusing on the Internet of Things sector. Device integration and management are facilitated through the BrightEdge platform, which streams data to the BrightWorks cloud infrastructure. Storage, analysis, and visualization services tailored for sensors and devices are handled by BrightWorks, supporting enterprise-level operations in data handling.
Riptide IO's top competitors include Particle, Landis+Gyr and Danfoss.
Riptide IO has 1 investor. Key investors include Turntide.