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About IIT Startups

IIT Startups, an accelerator and incubator program founded in 2018, is based in Saratoga, United States. With a presence in 5 countries, it has supported around 130 startups in sectors like Enterprise Applications, High Tech. As of Aug 2026, IIT Startups has witnessed 8 portfolio exits. Most notable companies in its portfolio include Hwy Haul, FireCompass and Enact. The program is backed by a team of 10 people who primarily support startups based in United States, India.
Key Metrics
Founded Year
2018
Location
Saratoga, United States
Portfolio Companies
Sectors of Investment
Locations of Investment

IIT Startups' List of Top Investments

IIT Startups has a portfolio of 130 companies. Their most notable investments include Hwy Haul and FireCompass.Their portfolio spans across United States, India, Canada and 2 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 29 other sectors. Here is the list of top investments by IIT Startups:
Online marketplace providing freight transportation services. The platform connects shippers with carriers for on-demand truckload shipping. The platform enables users to search, compare, and book services from multiple partner operators. Users can also track the loads, make online payments, and monitor drivers. Also offers a mobile app for drivers. The app is available on the Android & iOS platforms.

Key facts about Hwy Haul

FireCompass is an Agentic AI platform for autonomous penetration testing and red teaming across Web, API, and infrastructure. It discovers shadow assets and web applications, safely validates what is exploitable, and connects findings into multi-stage attack paths with a false-positive rate under 2%. Unlike traditional scanners, it discovers credential reuse, business-logic flaws, privilege escalation, and app-to-app or app-to-network lateral movement. It can operate autonomously or with expert-in-the-loop validation. On the XBEN web-exploitation benchmark, the FireCompass agent scored 104/104 — corroborated on HackerOne, where it holds an all-time rank of 6 and ranked 2 for Apr–Jun 2026. FireCompass has 30+ analyst recognitions across Gartner, Forrester, and IDC, including five Gartner Hype Cycle appearances, and is trusted by Fortune 1000 enterprises.

Key facts about FireCompass

  • Founded Year: 2019
  • Location: Wilmington (United States)
  • Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series B
  • Total Funding till date: $30.5M
  • Employee Count: 98 as on Jun 30, 2026
  • Investors: Cervin, Bharat Innovation Fund and 9 Others
  • Latest Funding Round: Series B, Sep 04, 2025, $*****
  • Highlight: Editors' Pick
Provider of software solutions for monitoring solar energy usage and production. It provides monthly reports to ensure that the solar system is operating at peak efficiency and connect with an energy expert for help with operating or upgrading the system.

Key facts about Enact

Provider of industrial artificial intelligence platform for energy and manufacturing sectors. The platform processes data to maximize revenue, minimize carbon footprint, and optimize output. It offers applications for production, reliability, and sustainability intelligence. The company provides solutions for industries including oil and gas, manufacturing, metals, and power.

Key facts about Algo8

Provider of AI-based software solutions for security and surveillance. It provides users with a platform that uses computer vision to analyze camera footage to raise alerts in real-time. It also provides solutions for false alarms, tailgating detection, access control, video systems, camera tampering detection, and more.

Key facts about Hakimo AI

Acquired companies in IIT Startups' Portfolio

8 companies from IIT Startups' portfolio have been acquired. The most recent acquisition was Step Function in Jan 2026 by Gruve for $*****.
Here are IIT Startups' portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Jan 01, 2026
-
-
8121
Apr 18, 2025
-
-
6686
Oct 19, 2021
-
-
5564
Oct 05, 2021
-
-
8329
Sep 23, 2021
-
-
3725

Team profile of IIT Startups

IIT Startups has a team of 10 members including 2 Partners located in India and United States. IIT Startups' team does not sit on the board of any company as of now.

Recent News related to IIT Startups

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FAQs about IIT Startups

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