Where is ITEL located?

ITEL is headquartered in Jacksonville, United States. It is registered at Jacksonville, Florida.

How many employees does ITEL have?

As of May 31, 2026, the latest employee count at ITEL is 1229.

Is ITEL a funded company?

ITEL is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round.

How much is ITEL worth?

The last known valuation of ITEL was $***** as of May 20, 2025.

When was the latest funding round of ITEL?

ITEL's latest funding was a $***** Conventional Debt round, with participation from 1 investor.

Where does ITEL rank among its competitors?

ITEL ranks 1st amongst 7 active competitors, none of which are funded.

Who are the top competitors of ITEL?

ITEL's top competitors include LASTRADA, BAKHTI Software and ElmTree System.

ITEL - 2026 Company Profile, Funding & Competitors

Q: Is ITEL an acquired company?

ITEL got acquired by Nearmap on May 20, 2025.

Company Details

Provider of building material testing and laboratory management software. The company offers lab testing of flooring, roofing, siding, cabinets, and other materials and enables users to submit samples physically or through the mobile app. It facilitates conducting a thorough analysis of each submission and provides a comprehensive lab report based on the findings. The app is available for download on android and iOS devices.

Website: itelinc.com
Email ID: *****@itelinc.com
Phone Number: +1 **********
Registered Address: Jacksonville, Florida

Key Metrics

Founded Year

1992

Location

Jacksonville, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, $*****

Last Known Valuation

$***** as on May 20, 2025

Investors

Ares Capital Corporation & 1 more

Ranked

1^st among 7 active competitors

Employee Count

1,229 as on May 31, 2026

Similar Companies

LASTRADA & 5 more

Exit Details

Acquired by Nearmap (May 20, 2025)

View ITEL's full profile

ITEL is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Itel Laboratories, Inc. CIN: 262574564 , United States, Active	Dec 31, 1999	-	264 (As on Dec 31, 2024)	-

ITEL got acquired by Nearmap on May 20, 2025 at an acquisition amount of $*****.

Click here to take a look at ITEL's acquisition in detail

ITEL has raised funding over 1 round. Its latest funding round was a Conventional Debt round. 1 investor participated in its latest round. ITEL has 2 institutional investors.

View details of ITEL's funding rounds and investors

ITEL's employee count trend

ITEL has 1,229 employees as of May 26. Here is ITEL's employee count trend over the years:

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Top competitors of ITEL include LASTRADA, BAKHTI Software and ElmTree System. Here is the list of Top 10 competitors of ITEL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ITEL 1992, Jacksonville (United States), Acquired	Provider of building material testing and laboratory management software	-	Ares Capital Corporation, Venture Worx	58/100
2nd	LASTRADA 1995, Berlin (Germany), Unfunded	Developer of laboratory software for construction material testing	-	-	28/100
3rd	BAKHTI Software 2020, Boston (United States), Unfunded	SaaS-driven building information modeling for construction professionals	-	-	25/100
4th	ElmTree System 1997, Oklahoma City (United States), Funding Raised	Provider of construction material testing and laboratory management software	-	Fog Software Group	24/100
5th	Testlab360 2020, Brisbane (Australia), Funding Raised	Cloud-based construction materials management software	-	Pipeline Capital	21/100
6th	Doble A Lab 2020, Cundinamarca (Colombia), Unfunded	Provider of laboratory management software for construction professionals	-	-	16/100
7th	Laboratory of Industrial Informatics 2016, Kyiv (Ukraine), Unfunded	Provides solutions for managing building materials testing laboratories	-	-	16/100