# ContainIQ

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

- Industry: Software
- Headquarters: Hoboken, US
- Website: www.containiq.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Oct 12, 2021)
- Investors on record: 7

## About

ContainIQ, Inc. specializes in observability and monitoring solutions for software applications and infrastructure, delivering real-time insights to enhance operational efficiency and minimize downtime.Founded in 2021 in Hoboken, US, ContainIQ, Inc. focuses on providing observability tools, with no reported changes in business strategy or structure. The company was co-founded by Matthew Lenhard and Nate Matherson, who also serves as CEO. In its first funding round, the company raised USD 2.5 mn in Seed funding on October 12, 2021, led by LGFM, with participation from investors including ACTAI Ventures, FAST by GETTYLAB, Lorimer Ventures, Pioneer Fund, Taurus Ventures, and Y Combinator.ContainIQ offers a comprehensive suite of solutions tailored for observability and monitoring of software applications and infrastructure. Their flagship products provide real-time insights into system performance and user experience, aimed at enhancing operational efficiency and reducing downtime. Utilizing advanced analytics and machine learning, these tools integrate seamlessly into existing workflows, assisting developers and IT teams in proactive troubleshooting. ContainIQ primarily serves mid to large-sized enterprises in sectors such as e-commerce, finance, and technology across North America and Europe.ContainIQ operates on a subscription-based revenue model, allowing clients to access its observability tools for a recurring fee. Clients typically engage in annual contracts, granting continuous access to updates and customer support. The tiered pricing structure accommodates various levels of usage and organizational needs, allowing both small teams and large enterprises to benefit from their flagship products, which are included in the subscription plans. The company focuses on delivering long-term value through direct sales of its software solutions to businesses.Following the Seed funding of USD 2.5 mn raised on October 12, 2021, ContainIQ plans to utilize the funding to expand its team and further develop its platform. The company is expected to target new markets and geographic regions, although specific locations have not been disclosed as of yet. Upcoming product enhancements and launches are anticipated to bolster their offerings, although detailed release dates are not specified.

## Funding rounds

- Seed, Oct 12, 2021, $2.5M — Y Combinator, Taurus Ventures, Pioneer Fund, Lorimer Ventures, LGFM, ACTAI Ventures, FAST by GETTYLAB

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Taurus Ventures (https://capitalatlas.ai/funds/taurus-ventures) — Seed
- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed
- Lorimer Ventures (https://capitalatlas.ai/funds/lorimer-ventures) — Seed
- LGFM (https://capitalatlas.ai/funds/lgfm) — Seed
- ACTAI Ventures (https://capitalatlas.ai/funds/actai-ventures) — Seed
- FAST by GETTYLAB (https://capitalatlas.ai/funds/fast-by-gettylab) — Seed