# Ilesfay Technology Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ilesfay-technology-group

- Industry: Software
- Headquarters: Blue Ash, US
- Website: www.ilesfay.com
- Total disclosed funding: $0.6M
- Latest round: Seed (Apr 3, 2012)
- Investors on record: 1

## About

Ilesfay Technology Group is a technology firm focused on delivering innovative solutions that enhance user functionality and experience across diverse markets. Their products address common challenges faced by users, ensuring efficiency and reliability.Founded in 2009 and headquartered in Blue Ash, US, Ilesfay Technology Group specializes in providing technology-driven solutions tailored to meet various consumer needs. The company has successfully completed three deals with its most recent funding round being a Seed round in February 2014, where they raised USD 0.620 mn led by CincyTech. This round represents the total amount raised by the firm.Ilesfay Technology Group specializes in delivering high-quality products designed to cater to various consumer needs across diverse markets. Their core offerings include innovative solutions aimed at enhancing user experience and functionality in specific sectors. These products have been developed with the intent to solve common challenges faced by their end users, focusing on efficiency, usability, and performance. Their client base includes both individual consumers and commercial enterprises, with a geographical reach that spans North America, Europe, and Asia-Pacific, ensuring they effectively meet the unique demands of different industries.The revenue model of Ilesfay Technology Group is structured around a combination of direct sales and subscription-based services, ensuring a steady income stream from both individual consumers and business clients. Transactions typically involve direct engagement with clients, where products are sold through retail channels and online platforms. Flagship products are offered under tiered pricing plans that provide consumers with options that scale according to their needs, fostering long-term relationships with clients and contributing to sustained company growth.Looking ahead, Ilesfay Technology Group aims to enhance its product offerings and expand its market reach. The company's recent funding will support the development of new products designed for launch in upcoming quarters. Additionally, Ilesfay plans to enter new geographic regions, targeting specific markets for expansion, although detailed timelines have not been disclosed. Their most recent deal in February 2014 saw the acquisition of Ilesfay Technology Group by Autodesk, which signifies an important step in its growth trajectory.

## Funding rounds

- Seed, Apr 3, 2012, $0.6M — CincyTech

## Investors

- CincyTech (https://capitalatlas.ai/funds/cincytech) — Seed