About Techmate
Techmate is a company based in San Francisco (United States) founded in 2010.. Techmate has raised $2.2 million across 3 funding rounds from investors including Entrepreneurs Roundtable Accelerator and Y Combinator. Techmate offers products and services including IT Support Platform, Dashboard Management, and Technician Network. Techmate operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Techmate Technologies, 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
$2.2 M (USD)
in 3 rounds
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Latest Funding Round
$1.98 M (USD), Series A
May 27, 2022
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Investors
Entrepreneurs Roundtable Accelerator
& 1 more
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Employee Count
Employee Count
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Products & Services of Techmate
Techmate offers a comprehensive portfolio of products and services, including IT Support Platform, Dashboard Management, and Technician Network. 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.
Platform for on-demand remote and on-site IT assistance.
Tool to track IT requests and manage distributed networks.
Access to vetted technicians for hardware and software issues.
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Funding Insights of Techmate
Techmate has successfully raised a total of $2.2M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.98 million completed in May 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 3
- Last Round Series A — $2.0M
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First Round
First Round
(22 Aug 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - Techmate | Valuation |
investors |
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| Jun, 2019 | Amount | Seed - Techmate | Valuation | Entrepreneurs Roundtable Accelerator |
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| Aug, 2016 | Amount | Seed - Techmate | 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 Techmate
Techmate has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Entrepreneurs Roundtable Accelerator and Y Combinator. 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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Startups are accelerated in fintech, SaaS, climate, and various sectors.
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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 |
| 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 Techmate
| 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 - Techmate
| 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 |
Techmate Comparisons
Competitors of Techmate
Techmate 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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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 Techmate
Frequently Asked Questions about Techmate
When was Techmate founded?
Techmate was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is Techmate located?
Techmate is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Techmate a funded company?
Techmate is a funded company, having raised a total of $2.2M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Aug 22, 2016.
What does Techmate do?
Techmate was founded in 2010 in San Francisco, United States, within the information technology sector. IT support services are delivered by the company, encompassing maintenance, troubleshooting, and system optimization for clients. Operations are centered in the United States, with a focus on serving local and regional enterprises through the domain techmate.com. Core activities include hardware and software assistance, network management, and cybersecurity consultations, tailored to operational needs.
Who are the top competitors of Techmate?
Techmate's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does Techmate offer?
Techmate offers IT Support Platform, Dashboard Management, and Technician Network.
Who are Techmate's investors?
Techmate has 2 investors. Key investors include Entrepreneurs Roundtable Accelerator, and Y Combinator.