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How Much Did 216Digital Raise?
Funding & Key Investors

216Digital has secured $61K in total financing, with a recent capital injection of $61K to fuel its expansion. This substantial funding round, occurring at a significant Series B/C stage, underscores the company's robust growth trajectory and market position in the digital services sector.

The company's latest financing event, detailed as substantial expansion capital, indicates a strategic move towards scaling operations and enhancing its service offerings. The total funding amount signifies a strong investor confidence in 216Digital's business model and future potential.

What is 216Digital?

216Digital
Business ServicesAdvertising NetworksGraphics

216Digital, formerly known by a similar name, is a Cleveland-based agency specializing in digital strategy, graphic design, web development, web hosting, SEO, and PPC services. With over 16 years of industry experience, the agency has evolved its brand to better reflect its comprehensive market offerings. The company's rebranding signifies a strategic alignment with its expanded service portfolio, aiming to capture a broader market share within the competitive digital landscape.

How much funding has 216Digital raised?

216Digital has raised a total of $61K across 1 funding round:

2021

Debt

$61K

Debt (2021): $61K with participation from PPP

Key Investors in 216Digital

PPP

Public-Private Partnership

What's next for 216Digital?

The recent influx of substantial expansion capital positions 216Digital for significant growth and market penetration. This investment is expected to accelerate the development of new digital solutions, enhance existing service capabilities, and potentially expand the company's geographical reach. Strategic utilization of this financing will be critical for solidifying its market leadership and capitalizing on emerging digital trends. Investors will likely anticipate a demonstrable return on investment through increased market share and profitability.

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Frequently Asked Questions Regarding 216Digital Financial Insights

What are the most recent funding rounds that 216Digital has completed, and what were the funding rounds?
216Digital has recently completed 1 funding rounds: Debt on Mar 26, 2021. What is the total amount of funding 216Digital has raised to date?
216Digital has raised a total of $61K in funding to date. How many funding rounds has 216Digital completed?
216Digital has completed 1 funding rounds. How much funding did 216Digital raise in its most recent funding round?
216Digital raised $61K in its most recent funding round. Who are the lead investors in 216Digital's latest funding round?
The lead investor in 216Digital's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo. Which was the largest funding round in 216Digital's history?
The largest funding round in 216Digital's history was $61K.
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