How Much Did Allegiant Technology Raise?
Funding & Key Investors

Allegiant Technology has solidified its market position through a series of strategic capital injections, culminating in a total valuation of $1.1M. The firm recently secured $799K in a major strategic investment, signaling robust confidence from institutional backers in its long-term growth trajectory. This infusion of liquidity underscores the company's transition into a more mature phase of enterprise-level operations, providing the necessary runway to scale its specialized IT service offerings across North America.

The funding history, which began with an initial debt financing round in April 2020, reflects a disciplined approach to balance sheet management. By securing additional capital in early 2021, Allegiant Technology has demonstrated a consistent ability to leverage debt instruments to fuel its operational expansion and technical infrastructure development.

What is Allegiant Technology?

Allegiant Technology
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Founded in 2001 and headquartered in Norwalk, Connecticut, Allegiant Technology operates as a premier technology consulting firm. The company distinguishes itself through a dual focus on custom software development and comprehensive IT services. By providing high-end mobile application engineering and technical consulting, the firm serves a diverse B2B clientele, particularly those requiring sophisticated retirement plan benefits and enterprise-grade technology solutions. Their market position is defined by a commitment to delivering scalable engineering expertise that addresses the complex digital transformation needs of modern businesses.

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 capital infusion, Allegiant Technology is well-positioned to accelerate its product roadmap and expand its footprint in the competitive IT services landscape. The strategic allocation of these funds will likely prioritize the enhancement of their software engineering capabilities and the broadening of their technical consulting portfolio. As the firm continues to navigate the complexities of the North American market, the focus will remain on maintaining high-quality service delivery while scaling operations to meet the increasing demand for bespoke B2B technology solutions. Future growth will likely be driven by deeper integration of their IT support frameworks and the pursuit of new market segments requiring specialized technical implementation.

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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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