How Much Did Afidence Raise?
Funding & Key Investors

Afidence has secured $894K in total capital, with its most recent financing 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 with skilled consultants. The company's offerings span software development, cloud and infrastructure management, cybersecurity, and IT project management staffing. 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 is diverse, encompassing publicly traded corporations and small to mid-sized businesses, with a primary focus on the Cincinnati-Dayton metropolitan area.

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 growth phase for Afidence. This capital infusion is likely to fuel further scaling of operations, potentially through expanding service offerings, entering new geographic markets, or enhancing technological capabilities. The company's focus on high-demand IT sectors like cybersecurity and cloud infrastructure positions it well to capitalize on ongoing digital transformation trends. Afidence's commitment to integrating consultants with strong emotional intelligence suggests a strategy focused on long-term client partnerships and high-value service delivery, aiming to solidify its reputation as a premier provider of IT talent solutions.

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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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