How Much Did Akins IT Raise?
Funding & Key Investors

Akins IT has secured significant capital, with total funding reaching $405K. The company recently announced a major strategic investment of $255K, underscoring its position in the IT solutions market. This latest financing round is indicative of a large-scale, late-stage funding push, signaling a period of accelerated growth and market expansion for the Southern California-based firm.

What is Akins IT?

Akins IT
Business ServicesSoftware Testing

Akins IT is a dedicated consulting firm that provides comprehensive IT solutions tailored for businesses, local governments, and educational institutions across Southern California. The company's core mission revolves around simplifying IT management, boosting operational productivity, and fortifying network security. Their service portfolio encompasses cloud solutions, advanced IT security measures, and infrastructure modernization, all designed to meet the unique demands of sectors including federal and state government agencies, as well as K-12 and higher education institutions. Akins IT is committed to equipping organizations with the optimal technology to achieve their strategic objectives.

How much funding has Akins IT raised?

Akins IT has raised a total of $405K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$255K

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

Debt (2021): $255K led by PPP

Key Investors in Akins IT

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Akins IT?

The substantial capital infusion, particularly the recent strategic investment, positions Akins IT for significant scaling and market penetration. As a late-stage company, this backing will likely fuel further development of their IT solutions, expansion into new geographic markets, and potentially strategic acquisitions. The focus on government and educational sectors suggests a trajectory aimed at solidifying its role as a key technology partner for public sector entities and academic institutions, enhancing their digital infrastructure and operational efficiencies.

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Frequently Asked Questions Regarding Akins IT Financial Insights

What are the most recent funding rounds that Akins IT has completed, and what were the funding rounds?
Akins IT has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Akins IT has raised to date?
Akins IT has raised a total of $405K in funding to date.
How many funding rounds has Akins IT completed?
Akins IT has completed 2 funding rounds.
How much funding did Akins IT raise in its most recent funding round?
Akins IT raised $255K in its most recent funding round.
Who are the lead investors in Akins IT's latest funding round?
The lead investor in Akins 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 Akins IT's history?
The largest funding round in Akins IT's history was $255K.
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