Condoit

Condoit

Private
Birmingham, AlabamaEnterprise Softwarehttps://www.condoit.io

Last Round

Seed

Apr 17, 2024

Total Funding Raised

$5.37M

Company Overview

Condoit is a software development company that specializes in circuit analysis tools that streamline the collection and analysis of electrical system data, reducing human error and predicting system failures to help engineers and facility owners manage short circuits effectively and affordably.

Sector

Enterprise Software

Verticals

Vertical SaaS, Construction Tech, Workflow Automation, Facility Management, Building Information

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

electrical contractor softwaresingle-line diagramSLD generationas-built diagramselectrical takeoff softwarebill of materialsvertical SaaSload analysis softwareconstruction techdigital site surveyNEC complianceEV charger installationworkflow automationfacility management software

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Condoit Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Condoit Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedApr 17, 2024
SeedMar 28, 2023
Pre SeedApr 20, 2021
AcceleratorSep 7, 2020

Key People

Founding team and executive leadership

Ian Hoppe

Chief Executive Officer

Executive Team

Peyton Sherwood

CTO

Executive Team

Condoit Investors

Notable investors and investment history

Condoit Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Condoit Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Condoit's valuation, stock price, and market status.

Firmographic Details

HeadquartersBirmingham, Alabama
Employee Range13
Year Founded2020
Last FundingApr 17, 2024

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