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Condoit

Turn knowledge from every job into recurring service revenue ⚡ Built by an electrician, powered by your data. IR/70E/70B

Founded 2019 United States Birmingham, United States 13 employees Seed Total: $6.57M Energy, Information Technology

General Information

Company Name Condoit
Founded Year 2019
Location United States Birmingham, United States +4
Employees 13
Industries Energy, Information Technology
Funding Stage Seed
Social

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About Condoit

Condoit, launched in 2020, has positioned itself as an innovator within the Energy and Information Technology industries. The company focuses on providing specialized software exclusively for electrical contractors, enhancing project management with an emphasis on efficiency, accuracy, and safety.

Headquartered in the United States, Condoit leverages its deep industry expertise to offer solutions that cater to the nuanced demands of its niche market. By maintaining a focused approach solely on electrical software, the company stands out in addressing the critical needs of this sector.

Condoit recently secured a $4.25M Seed Round on 17 April 2024. The round was supported by prominent investors including Navitas Capital, Fontinalis Partners, The Westly Group, C2 Ventures, Overline, Studio Management, and Southwire Company. These investments underscore confidence in Condoit's potential to redefine industry standards and solidify its market position.

Taxonomy: Cloud-based software, Electrical engineering, Mobile application, Collaboration tool, EV Charger Installation, Electrical systems, Predictive maintenance, Electrical contractors, Engineers, Facility management, Safety measures, Tech-enabled solutions, Modern design, Streamlining processes

Services & Products

Electrical Asset Management
Data-Driven Service Revenue
Onsite IR Reporting and Thermography
Arc Flash Data Collection
Preventive Maintenance Program Execution
Digital Record Keeping

Target Customers

Electrical Contractors Facility Management Teams Maintenance Engineers Electrical Service Departments

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 7
Investor Investor Investor Investor Investor Investor
•••• ••••
17 Apr 2024
Seed Round •••••• 3
Investor Investor
•••• ••••
24 Feb 2023
Pre Seed Round •••••• - 21 Apr 2021
Pre Seed Round •••••• - 08 Sep 2020

Condoit Alternatives & Competitors

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FAQ About Condoit

Turn knowledge from every job into recurring service revenue ⚡ Built by an electrician, powered by your data. IR/70E/70B
Condoit was founded in 2019.
Condoit is headquartered in Birmingham, United States.
Condoit operates in the following industries: Energy, Information Technology.
Condoit has approximately 13 employees.
Condoit has completed 4 funding rounds, raising a total of $6.57M. The latest funding stage is Seed.
Condoit offers: Electrical Asset Management, Data-Driven Service Revenue, Onsite IR Reporting and Thermography, Arc Flash Data Collection, Preventive Maintenance Program Execution, Digital Record Keeping.
Top alternatives and competitors to Condoit include Advantage Electric Services, L.L.C., Reliable Electric - Ohio, Carter Electric Inc. , CED Orlando, Trotter Electrical Contractors. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Condoit and Advantage Electric Services, L.L.C. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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