# iTOK

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

- Industry: IT Infrastructure
- Headquarters: Lehi, US
- Website: www.itok.net
- Total disclosed funding: $18M
- Latest round: Series B (Jul 23, 2014)
- Investors on record: 2

## About

iTOK is a technology solutions provider that specializes in enhancing operational efficiency through innovative software platforms. Their focus is on delivering actionable insights via advanced analytics and machine learning across various industries.Founded in 2004 and headquartered in Lehi, US, iTOK operates as a technology company that streamlines processes for organizations. In July 2014, the company raised USD 18.00 mn in Series B funding led by ABS Capital Partners and Signal Peak Ventures. The funding has contributed to the company’s growth and operational capacity.iTOK's core offerings center around a proprietary software platform that leverages advanced analytics and machine learning to facilitate data-driven decision-making. This platform caters to industries such as healthcare, finance, and logistics, enabling business analysts, operations managers, and IT professionals to enhance efficiency through a user-friendly interface and customizable features, primarily marketed in North America and Europe.iTOK employs a subscription-based revenue model, allowing clients to access its software services through tiered pricing plans. These plans include options for annual and monthly subscriptions tailored to meet varying organizational needs, with contracts encompassing software licenses and support services. The company has established strategic partnerships with major retailers and distributors to offer bundled solutions, ensuring a steady revenue stream.Moving forward, iTOK aims to develop new software products designed to enhance user capabilities, although specific release dates have yet to be announced. The company is also targeting expansion into additional markets across North America and Europe, leveraging the recent Series B funding of USD 18.00 mn to support these initiatives. This funding, obtained in July 2014, will play a crucial role in facilitating the development of new solutions and reaching new clients.

## Funding rounds

- Series B, Jul 23, 2014, $18M — ABS Capital Partners, Signal Peak Ventures

## Investors

- ABS Capital Partners (https://capitalatlas.ai/funds/abs-capital-partners) — Series B
- Signal Peak Ventures (https://capitalatlas.ai/funds/signal-peak-ventures) — Series B