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Condoit
company
About
Condoit develops a modern platform for electrical design, analysis, and collaboration.
- Birmingham,Alabama,United States
- 1 - 10
Details
- Last Funding Type
- Pre-seed
- Last Funding Money Raised
- $1M
- Industries
- Electrical Distribution,Energy Management,Information Technology
- Founded date
- May 29, 2020
- Number Of Employee
- 1 - 10
- Operating Status
- Active
- Legal Name
- Arges Incorporated
- Also Known As
- Arges Incorporated
Condoit is an electrical engineering software platform that provides electrical contractors, engineers, and facility managers with modern design, analysis, and collaboration tools. Its mission is to improve the lives of professionals on the front lines of installing EV chargers and Solar arrays by streamlining processes and ensuring safety with modern software.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$1.12M
Condoit has raised a total of
$1.12M
in funding over 2 rounds. Their latest funding was raised on
Apr 21, 2021 from a Pre-seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 21, 2021 | Pre-seed | $1M | 2 | — | — | Detail |
| Sep 8, 2020 | Pre-seed | $120K | 2 |
Techstars Alabama Power EnergyTech Accelerator
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
3
Condoit is funded by 3 investors.
Techstars Alabama Power EnergyTech Accelerator
and Overline
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Techstars Alabama Power EnergyTech Accelerator
|
Yes | Pre-seed |
Overline
|
— | Pre-seed |
Techstars
|
— | Pre-seed |
Employee Profiles
Number of Employee Profiles
2
Condoit has 2 current employee profiles, including
Executive Baker Heppenstall
Executive
Executive
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