# Incipient

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

- Industry: Software
- Headquarters: Waltham, US
- Website: www.incipient.com
- Total disclosed funding: $75M
- Latest round: Series E (Feb 20, 2008)
- Investors on record: 7

## About

Incipient specializes in providing innovative technology solutions aimed at the digital transformation of businesses, including cloud-based software applications that enhance operational efficiency and streamline workflows.Founded in 2001, Incipient operates from Waltham, US, focusing on technology solutions for businesses. The company has completed 4 deals, with the most recent on February 20, 2008, securing USD 15.6 mn in Series E funding from investors including Globespan Capital Partners and Greylock Partners. The CEO is Will Simerly, who has a notable background in the tech industry.Incipient.com specializes in innovative technology solutions designed primarily for the digital transformation of businesses. Their core product offerings include a suite of cloud-based software applications that enhance operational efficiency, streamline workflows, and facilitate data management. The company aims to address specific challenges faced by various industries, such as improving collaboration among remote teams and optimizing data analysis processes. Serving a diverse client base that includes enterprises in sectors like finance, healthcare, and retail, Incipient.com tailors its solutions to meet the unique needs of these end users. The geographical markets where these products are available include North America, Europe, and select regions in Asia, underscoring the company’s commitment to a global presence in the technology landscape.The revenue structure of Incipient.com is primarily derived from subscription-based models for its software applications. Clients typically enter into annual agreements, which provide them with access to the full suite of products alongside customer support and regular updates. Revenue may also be generated through partnerships with other technology providers, allowing for integrated solutions that further enhance customer value. Specific pricing plans have been established for flagship products, ensuring a clear and straightforward transaction process for businesses looking to adopt these technologies. Such transactions are characterized by their B2B nature, where businesses engage directly with Incipient.com for tailored solutions that align with their operational goals.Incipient plans to leverage the recent USD 15.6 mn Series E funding to continue its growth trajectory. The company aims to launch new products focused on enhancing data analytics and user experience, with expected release dates in the next 12 months. Additionally, Incipient is targeting expansion into new markets in Asia and Europe by 2025, reflecting a strategic move to capitalize on emerging opportunities in these regions. The funding will support research and development for upcoming products and facilitate entry into these new geographic areas.

## Funding rounds

- Series E, Feb 20, 2008, $16M — Globespan Capital Partners, GrandBanks Capital, Questmark Management Company, HLM Venture Partners, Greylock Partners, Wasatch Funds, Sigma Partners
- Series D, Jan 31, 2006, $24M — Globespan Capital Partners, GrandBanks Capital, Questmark Management Company, HLM Venture Partners, Greylock Partners, Wasatch Funds, Sigma Partners
- Series C, Jan 24, 2005, $20M — Globespan Capital Partners, GrandBanks Capital, HLM Venture Partners, Greylock Partners, Sigma Partners
- Series B, Mar 31, 2003, $15M — Globespan Capital Partners, Greylock Partners, Sigma Partners

## Investors

- Globespan Capital Partners (https://capitalatlas.ai/funds/globespan-capital-partners) — Series B, Series C, Series D, Series E
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series B, Series C, Series D, Series E
- Sigma Partners — Series B, Series C, Series D, Series E
- GrandBanks Capital (https://capitalatlas.ai/funds/grandbanks-capital) — Series C, Series D, Series E
- HLM Venture Partners (https://capitalatlas.ai/funds/hlm-venture-partners) — Series C, Series D, Series E
- Questmark Management Company (https://capitalatlas.ai/funds/questmark-management-company) — Series D, Series E
- Wasatch Funds — Series D, Series E