# Condoit

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

- Industry: Software
- Headquarters: Birmingham, US
- Website: www.condoit.io
- Total disclosed funding: $5.5M
- Latest round: Seed (Apr 17, 2024)
- Investors on record: 8

## About

Based in the US, Arges, Inc. operates as a provider of cloud-based software solutions that standardize the collection, storage, analysis, monitoring, and prediction of existing electrical systems.

Based in Alabama, US, and founded in 2020, Arges, Inc., trading under the name Con.doit, a software application for electrical systems management. The company was co-founded by Ian Hoppe and Jim Crapia. In April 2020, the company raised its latest venture funding from Alabama Futures Fund.

Con.doit allows electrical teams to collect data of an electrical system using an iPad or Android tablet and a bluetooth-connected infrared camera. The software also offers data analysis and system monitoring.

## Funding rounds

- Seed, Apr 17, 2024, $4.3M — The Westly Group, Navitas Capital, Fontinalis Partners, Southwire Company, LLC, C2 Ventures, Overline, Studio Management
- Seed, Feb 10, 2023, $1.2M — Techstars, C2 Ventures, Overline

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- C2 Ventures (https://capitalatlas.ai/funds/c2-ventures) — Seed
- Overline (https://capitalatlas.ai/funds/overline) — Seed
- The Westly Group (https://capitalatlas.ai/funds/the-westly-group) — Seed
- Navitas Capital — Seed
- Fontinalis Partners (https://capitalatlas.ai/funds/fontinalis-partners) — Seed
- Southwire Company, LLC — Seed
- Studio Management — Seed