How Much Did ADR Raise?
Funding & Key Investors

ADR, a global IT company, has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment, bringing in $350K in new financing. This latest round of capital infusion underscores ADR's established presence and ongoing growth trajectory in the competitive technology sector.

What is ADR?

ADR
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Founded in 2001 and headquartered in Alpharetta, Georgia, ADR Application Development Resources, Inc. operates as a global IT services provider. The company's core competencies lie in Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Business Intelligence (BI), package implementation, and professional IT staff augmentation. ADR serves a diverse clientele by offering comprehensive solutions designed to optimize business operations and enhance technological capabilities.

How much funding has ADR raised?

ADR has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in ADR

PPP

Public-Private Partnership

What's next for ADR?

With the recent influx of $350K in a major strategic investment, ADR is well-positioned for its next phase of expansion. This large-scale, late-stage funding suggests a focus on scaling operations, potentially through market penetration, product development, or strategic acquisitions. The company's established expertise in critical IT domains like ERP and CRM indicates a strategic intent to further solidify its market leadership and capitalize on the growing demand for digital transformation services.

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Frequently Asked Questions Regarding ADR Financial Insights

What are the most recent funding rounds that ADR has completed, and what were the funding rounds?
ADR has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding ADR has raised to date?
ADR has raised a total of $350K in funding to date.
How many funding rounds has ADR completed?
ADR has completed 1 funding rounds.
How much funding did ADR raise in its most recent funding round?
ADR raised $350K in its most recent funding round.
Who are the lead investors in ADR's latest funding round?
The lead investor in ADR'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 ADR's history?
The largest funding round in ADR's history was $350K.
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