# ChipWrights

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chipwrights

- Industry: Semiconductors
- Headquarters: Bedford, US
- Website: www.chipwrights.com
- Total disclosed funding: $18M
- Latest round: Series C (Apr 14, 2003)
- Investors on record: 11

## About

ChipWrights Inc. specializes in delivering innovative technological solutions designed to optimize operational efficiency and enhance customer experiences across various sectors, including healthcare, finance, and retail.Founded in 2000 and located in Bedford, US, ChipWrights Inc. focuses on providing advanced technological solutions. The company has undergone strategic adjustments over the years to refine its offerings. John Redford, the founder, has previously established other companies. ChipWrights Inc. has successfully raised USD 18.00 mn in its latest funding round, Series C, led by Rock Maple Ventures. The company has completed a total of 3 deals, with the most recent deal occurring on May 20, 2005, when AD Holdings acquired ChipWrights Inc. for an undisclosed sum.ChipWrights Inc. offers a variety of innovative products aimed at improving operational efficiency and enhancing customer engagement. Their core offerings are tailored for the healthcare, finance, and retail sectors, providing essential tools that facilitate better decision-making. The company's diverse client base includes small to medium enterprises and large corporations primarily in North America and Europe, where they rely on these solutions to sustain competitive advantages.The revenue model of ChipWrights Inc. integrates subscription-based services with direct sales of their flagship products. Clients typically enter into annual subscription agreements, which include ongoing software solutions with regular updates and support. Additionally, the company’s proprietary products are offered through B2B partnerships and direct-to-consumer channels. This pricing structure is aligned with the value delivered, ensuring clients receive tailored solutions designed to meet their operational needs.ChipWrights Inc. is focused on expanding its product lineup with several upcoming launches aimed at addressing new market needs. The company plans to enter additional markets in Europe and Asia by the end of 2006. The recent funding of USD 18.00 mn raised during the Series C round will be utilized to support these product developments and geographical expansion initiatives.

## Funding rounds

- Series C, Apr 14, 2003, $18M — Rock Maple Ventures, RedShift Ventures, Band of Angels, New England Partners, BancBoston Capital - PEP, Axxon Capital, Techfarm Ventures, Axiom Venture Partners, Egan Managed Capital, Shiprock Capital, Adams Harkness & Hill Technology Ventures

## Investors

- Rock Maple Ventures (https://capitalatlas.ai/funds/rock-maple-ventures) — Series C
- RedShift Ventures (https://capitalatlas.ai/funds/redshift-ventures) — Series C
- Band of Angels (https://capitalatlas.ai/funds/band-of-angels) — Series C
- New England Partners (https://capitalatlas.ai/funds/new-england-partners) — Series C
- BancBoston Capital - PEP (https://capitalatlas.ai/funds/bancboston-capital-pep) — Series C
- Axxon Capital (https://capitalatlas.ai/funds/axxon-capital) — Series C
- Techfarm Ventures (https://capitalatlas.ai/funds/techfarm-ventures) — Series C
- Axiom Venture Partners (https://capitalatlas.ai/funds/axiom-venture-partners) — Series C
- Egan Managed Capital (https://capitalatlas.ai/funds/egan-managed-capital) — Series C
- Shiprock Capital — Series C
- Adams Harkness & Hill Technology Ventures — Series C