How Much Did Abacus IT Raise?
Funding & Key Investors

Abacus IT has secured $150K in total funding, with its most recent capital infusion amounting to $150K from a major strategic investment. This significant backing underscores the company's established position in the IT support solutions market and its trajectory towards further expansion.

What is Abacus IT?

Abacus IT
Business ServicesSoftware Testing

Abacus IT operates as a comprehensive provider of both short-term and long-term IT support solutions. The company specializes in augmenting in-house technical capabilities and managing complex projects, offering flexible, project-based services, regular diagnostic reviews, rapid response, and proactive technology management. Abacus IT caters to businesses through project-specific services and bundled monthly IT Support Plans, positioning itself as a key IT partner.

How much funding has Abacus IT raised?

Abacus IT has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Abacus IT

PPP

Public-Private Partnership

What's next for Abacus IT?

The large-scale late-stage funding context suggests Abacus IT is poised for significant scaling and market penetration. This strategic investment will likely fuel advancements in service offerings, expansion into new geographic markets, and potential acquisitions to broaden its technological portfolio. The company is expected to leverage this capital to solidify its competitive advantage and enhance its service delivery infrastructure, aiming for sustained growth and increased market share in the IT support sector.

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Frequently Asked Questions Regarding Abacus IT Financial Insights

What are the most recent funding rounds that Abacus IT has completed, and what were the funding rounds?
Abacus IT has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Abacus IT has raised to date?
Abacus IT has raised a total of $150K in funding to date.
How many funding rounds has Abacus IT completed?
Abacus IT has completed 1 funding rounds.
How much funding did Abacus IT raise in its most recent funding round?
Abacus IT raised $150K in its most recent funding round.
Who are the lead investors in Abacus IT's latest funding round?
The lead investor in Abacus IT'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 Abacus IT's history?
The largest funding round in Abacus IT's history was $150K.
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