How Much Did Andrews Technology Raise?
Funding & Key Investors

Andrews Technology has solidified its position within the enterprise software landscape, securing a total capital infusion of $577K. This trajectory of financial backing, punctuated by a recent strategic investment of $427K, underscores the firm's capacity to scale its operations in a competitive market. By leveraging these debt-based financing rounds, the company has successfully fortified its balance sheet to support long-term infrastructure development and market expansion.

The chronological progression of these capital injections reflects a deliberate strategy to enhance service delivery and product robustness. As the organization continues to navigate the complexities of the workforce management sector, this influx of liquidity serves as a critical catalyst for maintaining its competitive edge and operational agility.

What is Andrews Technology?

Andrews Technology
SoftwareHuman Resources Software

Andrews Technology operates as a specialized provider of advanced time and attendance solutions, catering to the evolving needs of modern enterprises. The company's core product suite, which includes platforms such as UKG Ready and NOVAtime, is engineered to streamline scheduling, mobile time tracking, and real-time data reporting. By focusing on high-quality system integration and comprehensive customer support—including 24/7 assistance and unlimited training—Andrews Technology addresses the critical pain points of workforce management.

Their market position is defined by a commitment to delivering scalable, cost-effective software that enables organizations to optimize human capital. Through the deployment of sophisticated scheduling tools and mobile-first functionalities, the firm empowers businesses to maintain operational efficiency while ensuring compliance and accuracy in time-sensitive environments.

How much funding has Andrews Technology raised?

Andrews Technology has raised a total of $577K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$427K

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

Debt (2021): $427K led by PPP

Key Investors in Andrews Technology

PPP

Public-Private Partnership

What's next for Andrews Technology?

Looking ahead, the strategic deployment of the $427K investment is expected to accelerate the company's product roadmap and market penetration. With a focus on enterprise-level scalability, Andrews Technology is well-positioned to integrate emerging technologies into its existing software ecosystem, further enhancing its value proposition for large-scale clients. The firm's emphasis on robust customer support and competitive pricing models suggests a continued focus on client retention and market share acquisition.

As the demand for automated workforce management tools continues to rise, Andrews Technology will likely prioritize the expansion of its mobile capabilities and data analytics features. This strategic pivot will be essential for maintaining relevance in a digital-first economy, ensuring that the company remains a preferred partner for organizations seeking to modernize their time management and scheduling infrastructure.

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Frequently Asked Questions Regarding Andrews Technology Financial Insights

What are the most recent funding rounds that Andrews Technology has completed, and what were the funding rounds?
Andrews Technology has recently completed 2 funding rounds: Debt on Feb 4, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Andrews Technology has raised to date?
Andrews Technology has raised a total of $577K in funding to date.
How many funding rounds has Andrews Technology completed?
Andrews Technology has completed 2 funding rounds.
How much funding did Andrews Technology raise in its most recent funding round?
Andrews Technology raised $427K in its most recent funding round.
Who are the lead investors in Andrews Technology's latest funding round?
The lead investor in Andrews 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 Andrews Technology's history?
The largest funding round in Andrews Technology's history was $427K.
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