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ITpipes

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ITpipes enables clients to effectively collect, analyze and manage their pipeline inspections

Seattle, United StatesFounded 2009Hosting
Valuation $100–250M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for ITpipes and the history behind them.

About ITpipes

ITpipes provides a software platform for the management of pipeline inspection data, primarily serving the wastewater and stormwater infrastructure sectors. Founded in 2009 by Cori Criss and Al Rossmeisl, the company was established to address a need for a U.S.-based pipe inspection software that could seamlessly integrate with Esri's GIS technology and various asset management systems. Criss, who now serves as the company's President, has over 25 years of experience in the infrastructure data management industry, having previously founded WinCan America in 1996. In May 2023, Ned Bebawy took ownership of the company and now serves as CEO, overseeing sales and product strategy. His background includes co-founding AutoLeap, a software company for the automotive repair industry, and experience in infrastructure consulting.

The firm's business model is centered on providing software solutions that enable clients, such as municipalities, utilities, and engineering firms, to collect, analyze, and manage their underground asset inspections. This allows them to shift from reactive to more predictive maintenance schedules. ITpipes generates revenue through the licensing of its software, which can be deployed on-premise, in the cloud, or as a fully managed SaaS solution. The company recently secured $20 million in a Series B funding round in August 2024, co-led by Trilogy Search Partners and Miramar Equity Partners, to scale operations and advance product development, particularly in AI-driven technologies.

The ITpipes platform consists of several integrated products. ITpipes Field is a mobile application used for on-site data collection, designed to work with various CCTV camera systems and is compliant with industry standards like NASSCO. ITpipes Office is a browser-based tool for data management, analysis, reporting, and scheduling. The platform features ITpipes Sync, which automates the transfer of inspection data from the field to the office, and ITpipes Web, which provides browser-based access to inspection data with GIS mapping integration. A key technological advancement is the Assisted Inspection Coding (AIC), which uses AI to automate defect coding from inspection footage with high accuracy, aiming to reduce manual review time significantly.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
Seattle, United States
Employees
89
Open positions
None listed
Dealroom signal
52.3/100
Industry
Hosting
Sector
Hosting, Reporting, Administration, Consulting Services, App
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Aug 2024 $20M $80M Miramar Equity Partners · Trilogy Search Partners ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

ITpipes website traffic

Latest recorded traffic for ITpipes is 24K monthly website visits, up 142.4% over the last three months. ITpipes's team grew 8.5% over the past year.

Latest monthly visits24K 3-month web change+142.4% 1-year team growth+8.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Miramar Equity Partners
  • Trilogy Search Partners
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇺🇸 United States61%
🇦🇷 Argentina20.8%
🇵🇰 Pakistan10.4%
🇨🇦 Canada6.5%
🇬🇧 United Kingdom1.3%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ITpipes on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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