When was iBASEt founded?

iBASEt was founded in 1986 and raised its 1st funding round 40 years after it was founded.

Where is iBASEt located?

iBASEt is headquartered in Lake Forest, United States. It is registered at Corporate House No. 11/3, Magnet Corporate Park, Near Sola Bridge,S.G. Road, Thaltej, Ahmedabad, AHMEDABAD, Gujarat, India, 380054.

How many employees does iBASEt have?

As of Aug 31, 2026, the latest employee count at iBASEt is 366.

Is iBASEt a funded company?

iBASEt is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Mar 31, 2026.

When was the latest funding round of iBASEt?

iBASEt's latest funding was a $***** PE round on Mar 31, 2026, with participation from 1 investor.

Where does iBASEt rank among its competitors?

iBASEt ranks 16th amongst 432 active competitors, of which 38 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Operations1, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of iBASEt?

iBASEt's top competitors include Steelhead Technologies, Amper and AMFG. Among them, Operations1 secured the most recent funding round in July, 2026.

iBASEt - 2026 Company Profile, Team, Funding & Competitors

iBASEt is a late stage company based in Lake Forest (United States), founded in 1986 by Amrik Singh Poonian. It operates as a Provider of MES, MRO & Quality Management Software. iBASEt has raised an undisclosed amount in funding. The company has 432 active competitors, including 38 funded and 34 that have exited. Its top competitors include companies like Steelhead Technologies, Amper and AMFG.

Company Details

iBASEt (formerly Telecom Solutions, Inc) is a developer of MES, MRO, and Quality Management Software to the customers in aerospace & defence, medical devices, nuclear, industrial equipment, and electronics industry. The company operates in two divisions: Solumina and Federal divisions. The Solumina division develops Solumina commercial software suite. The Solumina software suite includes functionality for process planning, plant floor execution, quality management, and supplier quality management in a paperless solution that integrates engineering and business systems to the plant floor. The Federal division provides information technology services, such as enterprise information systems; intelligence analysis and studies; engineering and technical; portals, data warehouse, and data mining; and location and identification technologies. Its software is suitable for complex, discrete manufacturing environments.

Website: ibaset.com
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Registered Address: Corporate House No. 11/3, Magnet Corporate Park, Near Sola Bridge,S.G. Road, Thaltej, Ahmedabad, AHMEDABAD, Gujarat, India, 380054

Key Metrics

Founded Year

1986

Location

Lake Forest, United States

Stage

Late Stage

Latest Funding Round

PE, Mar 31, 2026, $*****

Investors

TA Associates

Ranked

16^th among 432 active competitors

Employee Count

366 as on Aug 31, 2026

Similar Companies

Steelhead Technologies & 474 more

View iBASEt's full profile

iBASEt is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
IBASET INDIA SOFTWARE PRIVATE LIMITED CIN: U72900GJ2014FTC081517 , India, Active	Dec 11, 2014	₹10 - ₹50 Cr (As on Mar 31, 2025)	128 (As on Mar 31, 2024)

iBASEt has raised funding over 1 round. Its latest funding round was a PE round on Mar 31, 2026 for $*****. 1 investor participated in its latest round. iBASEt has 1 institutional investor.

Here is the list of recent funding rounds of iBASEt:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 31, 2026	6496085	PE	7534964	7245191	1679595	4747619

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View details of iBASEt's funding rounds and investors

The founders of iBASEt is Amrik Singh Poonian. Ladeira Poonian is the CEO of iBASEt.

Here are the details of iBASEt's key team members:

Amrik Singh Poonian: Former Founder of iBASEt and founder of 1 other company. They serve on the board of 1 company.
Ladeira Poonian: Former Co-Founder of iBASEt.

View details of iBASEt's Founder profiles and Board Members

iBASEt's employee count trend

iBASEt has 366 employees as of Aug 26. Here is iBASEt's employee count trend over the years:

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Top competitors of iBASEt include Steelhead Technologies, Amper and AMFG. Here is the list of Top 10 competitors of iBASEt, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Steelhead Technologies 2021, Houghton (United States), Series C	Developer of manufacturing process management software for job shops	$107M	Innovius Capital, Mainsail Partners & 4 others	58/100
2nd	Amper 2016, Chicago (United States), Acquired	Provider of manufacturing execution system software for production control and improvement	$14.9M	Alchemist Accelerator, HAX & 12 others	58/100
3rd	AMFG 2013, London (United Kingdom), Series A	Cloud-based manufacturing execution system suite solutions	$9.75M	2050 Capital, SFC Capital & 36 others	55/100
4th	Operations1 2016, Augsburg (Germany), Series B	Cloud-based suite solutions for the manufacturing industry	$16.9M	42 Capital, OpenOcean & 8 others	54/100
5th	Maneva 2021, North York (Canada), Series A	AI solutions for manufacturing focusing on real-time issue detection and automation	$38.4M	USVP, Bling Capital & 5 others	54/100
6th	Smart Craft 2021, Shibuya (Japan), Seed	Provider of cloud platform for digitalizing and managing manufacturing processes	$2.61M	Genesia Ventures, Mitsubishi UFJ Capital & 3 others	50/100
7th	Critical Manufacturing 2009, Porto (Portugal), Series A	MES Software for high tech industry	-	ASM Pacific Technology, Critical Ventures ... & 1 others	50/100
8th	Bamboo Rose 2001, Gloucester (United States), Series A	Online B2B marketplace for product and supply chain management	-	Rubicon Technology Partners, Insight Partners ... & 1 others	47/100
9th	ATS Applied Tech Systems 1986, Haarlem (Netherlands), Funding Raised	Products & services for all three levels of the automation pyramid	-	Rabo Investments, Rabo Corporate Investments ... & 1 others	47/100
10th	T.CON Unfunded	Provider of software implementation and consulting services for business applications	-	-	43/100
16th	iBASEt 1986, Lake Forest (United States), Late Stage	Provider of MES, MRO & Quality Management Software	-	TA Associates	42/100