How Much Did Afidence Raise?
Funding & Key Investors

Afidence has secured $894K in total capital, with its most recent funding round bringing in $544K in a major strategic investment. This significant backing underscores the company's established position in the enterprise IT staffing sector and its trajectory for continued expansion.

What is Afidence?

Afidence
Business ServicesSoftware TestingHuman Resources Management Systems (HRMS)

Afidence specializes in IT staff augmentation, a critical service for enterprises seeking to bridge resource gaps and bolster their technical capabilities. The company provides skilled consultants across various domains, including software development, cloud infrastructure, cybersecurity, and IT project management. By emphasizing emotional intelligence and technical versatility, Afidence aims to ensure seamless integration of its consultants into client operations, fostering effective collaboration and driving project success. Their client base spans publicly traded corporations to small and mid-sized businesses, with a notable presence in the Cincinnati-Dayton region.

How much funding has Afidence raised?

Afidence has raised a total of $894K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$544K

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

Debt (2021): $544K led by PPP

Key Investors in Afidence

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Afidence?

The recent major strategic investment signals a pivotal moment for Afidence, likely enabling accelerated growth and enhanced service offerings within the competitive IT staffing market. This capital infusion is expected to fuel strategic initiatives, potentially including expansion into new geographic markets, further development of their consultant network, and the adoption of advanced technologies to better serve enterprise clients. The company's focus on high-value IT augmentation positions it to capitalize on the ongoing demand for specialized technical talent.

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Frequently Asked Questions Regarding Afidence Financial Insights

What are the most recent funding rounds that Afidence has completed, and what were the funding rounds?
Afidence has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Afidence has raised to date?
Afidence has raised a total of $894K in funding to date.
How many funding rounds has Afidence completed?
Afidence has completed 2 funding rounds.
How much funding did Afidence raise in its most recent funding round?
Afidence raised $544K in its most recent funding round.
Who are the lead investors in Afidence's latest funding round?
The lead investor in Afidence'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 Afidence's history?
The largest funding round in Afidence's history was $544K.
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