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Condoit

company

About

Condoit develops a modern platform for electrical design, analysis, and collaboration.

  • Birmingham,Alabama,United States
  • 1 - 10

Highlights

Total Funding Amount
$1.12M
Funding Rounds
2
Investors
3
Employee Profiles
2

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
Baker Heppenstall
Executive
Ian Hoppe
Executive
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