How Much Did Allegiant Technology Raise?
Funding & Key Investors

Allegiant Technology has solidified its position within the competitive IT services landscape by securing a total capital infusion of $1.1M. This financial milestone, underscored by a recent strategic investment of $799K, reflects the firm's ongoing commitment to scaling its custom software development and enterprise-grade technical consulting operations. By leveraging these debt-based financing instruments, the Norwalk-based firm is effectively positioning itself to meet the increasing demand for sophisticated digital infrastructure across North America.

What is Allegiant Technology?

Allegiant Technology
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Founded in 2001, Allegiant Technology operates as a specialized consultancy focused on the intersection of software engineering and business process optimization. The firm provides a comprehensive suite of services, including bespoke mobile application development, complex software engineering, and technical implementation strategies tailored for B2B clients. By maintaining a focus on retirement plan benefits and high-level IT support, Allegiant has carved out a distinct market niche, serving as a critical partner for organizations seeking to modernize their legacy systems and enhance operational efficiency through advanced technology solutions.

How much funding has Allegiant Technology raised?

Allegiant Technology has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$799K

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

Debt (2021): $799K led by PPP

Key Investors in Allegiant Technology

PPP

Public-Private Partnership

What's next for Allegiant Technology?

With the recent influx of capital, Allegiant Technology is poised to accelerate its strategic roadmap, likely focusing on the expansion of its engineering talent pool and the enhancement of its proprietary software delivery frameworks. The firm's trajectory suggests a shift toward deeper integration of cloud-native technologies and automated IT support services, which are essential for maintaining a competitive edge in the current enterprise market. As the company continues to navigate the complexities of the North American B2B landscape, this recent financing provides the necessary liquidity to pursue aggressive growth initiatives and potentially explore new vertical markets that require high-touch technical consulting and robust software engineering expertise.

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Frequently Asked Questions Regarding Allegiant Technology Financial Insights

What are the most recent funding rounds that Allegiant Technology has completed, and what were the funding rounds?
Allegiant Technology has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Allegiant Technology has raised to date?
Allegiant Technology has raised a total of $1.1M in funding to date.
How many funding rounds has Allegiant Technology completed?
Allegiant Technology has completed 2 funding rounds.
How much funding did Allegiant Technology raise in its most recent funding round?
Allegiant Technology raised $799K in its most recent funding round.
Who are the lead investors in Allegiant Technology's latest funding round?
The lead investor in Allegiant Technology'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 Allegiant Technology's history?
The largest funding round in Allegiant Technology's history was $799K.
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