# Internet REIT

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/internet-reit

- Industry: Media
- Headquarters: Houston, US
- Website: www.ireit.com
- Total disclosed funding: $58M
- Latest round: Series B (Feb 21, 2007)
- Investors on record: 2

## About

Internet REIT is a real estate investment trust focused on acquiring and managing internet infrastructure properties, enhancing their operational efficiency and value for investors.Founded in 2004 in Houston, US, Internet REIT specializes in internet infrastructure properties. The company raised USD 38.00 mn in Series B funding on February 21, 2007, led by Maveron and Perot Investments, bringing the total amount raised to USD 38.00 mn and a current valuation of USD 122.65 mn.The company specializes in innovative technology solutions designed to enhance operational efficiency for businesses across various sectors. Their core product offerings include a proprietary software platform that integrates advanced data analytics, automation tools, and user-friendly interfaces to streamline processes and improve decision-making. The software addresses specific use cases such as supply chain optimization, customer relationship management, and financial forecasting, and has gained attention from a diverse client base, including mid-sized enterprises and multinational corporations in manufacturing, retail, and technology. Their geographical markets span North America, Europe, and parts of Asia.The company's revenue model is primarily structured around a subscription-based framework, allowing clients to access their software solutions through tiered pricing plans based on scale of usage and features required. Clients subscribe to annual or monthly plans that incorporate ongoing support and updates. This pricing strategy aligns with both B2B partnerships and direct-to-consumer transactions, supported by strategic partnerships with various industry stakeholders to enhance service capabilities.Internet REIT is planning to design and launch new products aimed at expanding their software capabilities. The company is targeting entry into additional markets across Europe and Asia by the end of 2023. The recent Series B funding of USD 38.00 mn will be utilized to support these initiatives and enhance their operational infrastructure.

## Funding rounds

- Series B, Feb 21, 2007, $38M — Perot Investments, Maveron
- Series A, May 19, 2006, $20M — Perot Investments, Maveron

## Investors

- Perot Investments — Series A, Series B
- Maveron (https://capitalatlas.ai/funds/maveron) — Series A, Series B