HomeUSAITpipes Secures $20M in Equity Financing

ITpipes Secures $20M in Equity Financing

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ITpipes

ITpipes, a Seattle, WA-based provider of pipeline inspection software, raised $20M in funding.

The round was led by Trilogy Search Partners and Miramar Equity Partners.

The company intends to use the funds to accelerate innovation for municipalities, ensuring continued growth and enhanced client offerings.

Led by CEO Ned Bebawy, ITpipes provides advanced pipe inspection technology which empowers municipalities to manage their waste and stormwater pipe systems. With AI and cloud-based solutions, the software streamlines the collection, analysis and management of pipeline inspections. Its platform offers data integration, user-friendly interfaces and reporting tools, enabling clients to make informed decisions and optimize asset performance.

ITpipes’ current products include ITpipes Field, ITpipes Office and ITpipes Assisted Inspection Coding (AIC).

FinSMEs

13/08/2024

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