Tech Company Financing Transactions
Condoit Funding Round
On 4/17/2024, Condoit received $4.3 million in Seed funding from The Westly Group, C2 Ventures and Fontinalis Partners.
Transaction Overview
Company Name
Announced On
4/17/2024
Transaction Type
Venture Equity
Amount
$4,250,000
Round
Seed
Investors
The Westly Group (Lead Investor) (Jason Kalira)
Proceeds Purpose
The funds will be used to accelerate product development, expand its national sales team, enhance customer support and success, and meet growing demand in the market.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
811 5th Ave N
Birmingham, AL 35203
USA
Birmingham, AL 35203
USA
Phone
Website
Email Address
Overview
Condoit is designed for electricians, by electricians. We understand the job, and we know looking for ease and accessibility in drawings, inspections, reporting, and analysis of commercial electrical systems. Condoit is the first app-based tool for creating single-line diagrams in the field. Ditch your pen and paper for good. We developed a platform to support electrical contractors because we know that reliability, accuracy, and efficiency are essential.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ian Hoppe
VP - Customer Service
Anne Randall
VP - Marketing
Mandi Coker
VP - Product Management
Spencer Wyatt
VP - Sales
Baker Heppenstall
Browse more venture capital transactions:
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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