Tech Company Financing Transactions
Idelic Funding Round
Idelic secured a $2 million funding round on 11/12/2018. Investors included Bain Capital Ventures, Birchmere Ventures and M25 Group.
Transaction Overview
Company Name
Announced On
11/12/2018
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Idelic will use the funds to expand its machine learning and predictive analytics talent, grow its sales team to meet national demand, and augment the features, such as targeted performance improvement plans, of its flagship safety and risk management platform, the Idelic Safety Suite.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
15 27th St.
Pittsburgh, PA 15222
USA
Pittsburgh, PA 15222
USA
Phone
Website
Email Address
Overview
Idelic is a software enterprise solutions provider for transportation fleets based in Pittsburgh PA. Born from the trucking industry and infused with modern innovation and entrepreneurship.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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