Internal Server Error

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 Oct 2026, IIT Startups has witnessed 10 portfolio exits. Most notable companies in its portfolio include Algo8, FireCompass and Enact. The program is backed by a team of 11 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 Algo8 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:
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

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: 99 as on Sep 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 AI-based proteomic data analysis software for drug discovery. The company has designed a computational platform that assists with the analysis and interpretation of various experimental data. The platform uses technology that has features to predict molecular interactions between proteins, prediction of target proteins, and more.

Key facts about Peptris

  • Founded Year: 2019
  • Location: Bengaluru (India)
  • Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
  • Valuation: $*****
  • Stage: Series A
  • Total Funding till date: $9.17M
  • Employee Count: 18 as on Sep 30, 2026
  • Investors: Indian Angel Network, Speciale Invest and 46 Others
  • Latest Funding Round: Series A, Dec 24, 2025, $*****
  • Highlight: Editors' Pick
Internet-first brand offering multi-category fashion products for men and women. The product catalog includes casual wear, ethnic wear, sportswear, merchandise apparel, bottom wear, jackets, sweaters, and accessories like footwear, handbags, and more.

Key facts about Styched

  • Founded Year: 2019
  • Location: Bengaluru (India)
  • Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2023
  • Valuation: $*****
  • Stage: Seed
  • Total Funding till date: $925K
  • Employee Count: 20 as on Sep 30, 2026
  • Investors: SOSV, Kube VC and 73 Others
  • Latest Funding Round: Seed, Mar 22, 2022, $*****

IPOs and Publicly Listed companies in IIT Startups' Portfolio

1 of IIT Startups' portfolio company became public -  Algo8. It got listed on the Canadian Securities Exchange (CSE), in Oct 2026.
Here are IIT Startups' portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
Oct 13, 2026
-
-
6390

Acquired companies in IIT Startups' Portfolio

9 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
-
-
6147
Apr 18, 2025
-
-
5345
Mar 25, 2025
-
-
4970
Oct 19, 2021
-
-
9326
Oct 05, 2021
-
-
2519

Team profile of IIT Startups

IIT Startups has a team of 11 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

•
IIT Madras alumnus launches accelerator ‘IIT Startups’ in USThe Indian Express•Feb 06, 2018•IIT Startups
View all news related to IIT Startups

FAQs about IIT Startups

Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford