About Yet2
Yet2 is a company based in Waltham (United States) founded in 1999 by Ben duPont was acquired by Scipher Medicine in December 2002. It operates as a Professional Services and Brokerage / Intermediation. Yet2 has raised $45 million across 3 funding rounds from investors including Procter & Gamble, Ohio.gov and Caterpillar. The company has 16 employees as of December 31, 2024. Yet2 offers products and services including Technology Scouting & Strategy, Open Innovation Consulting, and Technology Licensing. Yet2 operates in a competitive market with competitors including UST, NTT DATA, Endava, Persistent and Thoughtworks, among others.
- Headquarter Waltham, United States
- Employees 16 as on 31 Dec, 2024
- Founders Ben duPont
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Sectors
Business Services
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Yet2.Com, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$45 M (USD)
in 3 rounds
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Latest Funding Round
$2 M (USD), Grant
Aug 05, 2012
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Investors
Procter & Gamble
& 7 more
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Employee Count
16
as on Dec 31, 2024
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Acquired by
Scipher Medicine
(Dec 13, 2002)
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Products & Services of Yet2
Yet2 offers a comprehensive portfolio of products and services, including Technology Scouting & Strategy, Open Innovation Consulting, and Technology Licensing.
Technology scouting services are provided for innovation strategies.
Open innovation strategies are facilitated for business integration.
Technology licensing solutions are offered for business growth.
People of Yet2
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Funding Insights of Yet2
Yet2 has successfully raised a total of $45M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $2 million completed in August 2012. 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 Yet2
Yet2 has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Procter & Gamble, Ohio.gov and Caterpillar.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on mid-market businesses
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Venture capital firm focused on tech sectors
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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Investor details for Yet2
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Investments & Acquisitions by Yet2
Investment portfolio details for Yet2
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Financial Statements - Yet2
Detailed financials for Yet2
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Yet2 Comparisons
Peer comparison for Yet2
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Competitors of Yet2
Yet2 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, Endava, Persistent and Thoughtworks, among others.
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Endava is engaged in digital transformation and AI-driven solutions.
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IT consulting, data analytics, and digital transformation services are provided.
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Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors
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IT suite solutions and consulting services are provided worldwide.
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Detailed competitors of Yet2
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Latest news on Yet2
Complete news archive for Yet2
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Frequently Asked Questions about Yet2
Yet2 was founded in 1999.
Yet2 is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Tim Bernstein is the current CEO of Yet2.
Yet2 is a funded company, having raised a total of $45M across 3 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Yet2 is 16.
Open innovation and technology scouting services are offered by Yet2 to drive growth within corporate innovation strategies. Expertise is provided across various industries including chemicals, consumer goods, energy, healthcare, and technology. Solutions such as near-term topic-specific scouting, long-term technology scouting, and open innovation consulting are delivered to help clients stay ahead of emerging trends and integrate external innovation. Support is extended through deal facilitation, training, and strategic guidance to ensure successful execution of innovation initiatives.
Yet2's top competitors include Persistent, NTT DATA and Endava.
Yet2 offers Technology Scouting & Strategy, Open Innovation Consulting, and Technology Licensing.
Yet2 has 8 investors. Key investors include Procter & Gamble, Ohio.gov, Caterpillar, Cat, and Scipher Medicine.